Streetbeat News

Partnerships

FXI

LCID

Lucid Motors plans to sell imported cars in China and is considering local production, according to a person familiar with the matter.

Portfolio Pulse from Charles Gross

June 08, 2023 | 10:46 am

KZIA

Kazia Therapeutics (NASDAQ:KZIA) is supporting the University of Sydney in a phase II clinical study to investigate paxalisib in patients with recurrent/progressive IDH-mutant grade 2 and 3 glioma. The study, LUMOS2, will be sponsored by the University of Sydney and coordinated by NHMRC Clinical Trials Centre.

Portfolio Pulse from Charles Gross

June 08, 2023 | 9:23 am

IPHA

SNY

The FDA has granted Fast Track designation to Innate Pharma and Sanofi's partnered SAR'579 / IPH6101 for the treatment of hematological malignancies. This accelerates the development and review process for the drug.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 8:25 am

DIS

Disney Star, a subsidiary of Walt Disney Co (NYSE:DIS), licensed the TV broadcasting rights for International Cricket Council Men's and U-19 global events to Zee for the 2024-27 cycle. However, progress has stalled due to a proposed merger between Zee and Sony and the lack of a bank guarantee from Zee.

Portfolio Pulse from Shomik Sen Bhattacharjee

June 08, 2023 | 6:49 am

LCID

NIO

Lucid Group has hired auto industry veteran Zhu Jiang to head its operations in China, signaling its interest in the competitive Chinese market. Jiang has experience working with Nio, Ford China, and Baidu's Jidu Auto. Lucid hinted at entering China by 2023 and building a factory there by mid-decade.

Portfolio Pulse from Shanthi Rexaline

June 08, 2023 | 5:30 am

AMZN

Amazon's Jeff Bezos congratulated United Launch Alliance (ULA) on the successful flight readiness firing of its Vulcan Rocket. Amazon plans to launch the first two prototype satellites of its Project Kuiper on the maiden flight of ULA's Vulcan Centaur rocket, which aims to launch this summer.

Portfolio Pulse from Anan Ashraf

June 08, 2023 | 2:24 am

TSLA

Tesla Inc (TSLA) is using a loophole to bypass laws prohibiting direct sales of electric vehicles in New York by setting up showrooms on Native American-owned land. The company plans to open a 25,000-square-foot showroom on land owned by the Oneida Indian Nation in 2025.

Portfolio Pulse from Chris Katje

June 07, 2023 | 9:54 pm

HLTH

Cue Health Inc has entered into a receivables purchase agreement with East West Bank on June 1.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 8:06 pm

STLA

TSLA

VWAGY

WKSPW

Panasonic and Tesla are increasing battery factory production, while Tesla's Cybertruck is set to be delivered by Q3 2021. Worksport improved its COR portable energy system, Volkswagen announced the all-electric ID.Buzz, and Stellantis is investing €160 million in EV production.

Portfolio Pulse from Upwallstreet

June 07, 2023 | 7:55 pm

CWBHF

The Kansas City Royals have partnered with Missouri-based Pure Spectrum CBD to raise awareness about CBD's therapeutic properties. This makes the Royals the second MLB team to focus on CBD education and advocacy. The partnership includes the unveiling of the Pure Spectrum Lodge at Kauffman Stadium and presenting partner of Yoga Day and Ag Night.

Portfolio Pulse from Joana Scopel

June 07, 2023 | 7:47 pm