Streetbeat News

Partnerships

GM

TSLA

General Motors (GM) announced a collaboration with Tesla to integrate Tesla's charging port into its vehicles starting in 2025, leading to a rise in GM shares.

Portfolio Pulse from Benzinga Newsdesk

June 09, 2023 | 1:22 pm

RVLV

REVOLVE Group (NYSE:RVLV) partners with Bolt to power checkout for FWRD's first pop-up shop in Los Angeles. The collaboration follows a successful implementation of Bolt's Checkout Links at Revolve GALLERY, resulting in a 35% YoY increase in total orders. Bolt will also be rolled out on REVOLVE and FWRD websites.

Portfolio Pulse from Benzinga Newsdesk

June 09, 2023 | 1:12 pm

ZM

Cyph, a quantum-resistant cryptography technology provider, has reached a settlement agreement with Zoom Video Communications to resolve their patent infringement lawsuit.

Portfolio Pulse from Charles Gross

June 09, 2023 | 1:10 pm

BRZE

EVGO

EVX

GM

TSLA

Tesla shares rose 6% as it was added to Wedbush's Best Ideas list, while General Motors announced collaboration with Tesla for charging ports integration, resulting in a 3% increase in GM shares. Braze shares surged 12% after strong quarterly results, while EVgo shares dropped 9% possibly due to GM/Tesla news. VanEck Environmental Services ETF could be a play amid Canadian wildfires.

Portfolio Pulse from Benzinga Newsdesk

June 09, 2023 | 1:07 pm

TTOO

T2 Biosystems has announced a collaboration with Vanderbilt University Medical Center's Learning Healthcare System Platform to improve patient care and outcomes. The partnership will leverage T2's diagnostic technology and Vanderbilt's clinical expertise.

Portfolio Pulse from Charles Gross

June 09, 2023 | 12:48 pm

ADD

Color Star Technology's subsidiary, Color Metaverse, has entered into a strategic cooperation framework agreement with Hua Yu Sheng Shi Group to develop new entertainment and sports IPs. The partnership will involve co-organizing large-scale events, talent cultivation programs, variety shows, agency operations, and commercial rights management.

Portfolio Pulse from Charles Gross

June 09, 2023 | 12:30 pm

AZN

AstraZeneca has signed an agreement with Quell Therapeutics to develop T-regulator cell therapies for Type 1 Diabetes and Inflammatory Bowel Disease. Quell will receive $85 million upfront and is eligible for over $2 billion in development and commercialization milestones, plus tiered royalties.

Portfolio Pulse from Vandana Singh

June 09, 2023 | 12:14 pm

TOI

The Oncology Institute (NASDAQ:TOI) has announced a non-exclusive partnership with Massive Bio to revolutionize cancer care and AI-enabled cancer research. The alliance aims to redefine cancer treatment by harnessing advanced AI technology and establishing a nationwide network.

Portfolio Pulse from Charles Gross

June 09, 2023 | 12:05 pm

NVDA

ORCL

Cohere Technologies is raising up to $250 million in a funding round that values the OpenAI rival at $2 billion. Investors in the round include Nvidia and Oracle.

Portfolio Pulse from Charles Gross

June 09, 2023 | 11:55 am

WKEY

WISeKey International Holding Ltd. (WKEY) has been approved by GSMA as a Root Certificate Issuer (GSMA Root CI) for eSIM technology. WISeKey's Root Certificate Authority will provide security services to GSMA members and support the deployment of version 3 certificates for eUICC manufacturers and service providers.

Portfolio Pulse from Charles Gross

June 09, 2023 | 11:51 am