Streetbeat News

Partnerships

AIRE

reAlpha Tech's subsidiary, Be My Neighbor, a veteran-operated mortgage brokerage, has expanded its operations by obtaining a broker license in New Mexico.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 10:08 am

GOLQ

NIXX

Nixxy is updating its strategy to acquire businesses in traditional markets, focusing on those with stable operations and profitability. The company aims to enhance these businesses with technology and data analytics, leveraging a licensing agreement with GoLogiq's Radix AI platform. Nixxy targets an enterprise value of over $1 billion in three years.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 10:04 am

CBOE

HOOD

Robinhood partners with Cboe to offer index options, including S&P 500 and Volatility Index options, to its customers, expanding their trading capabilities.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 7:07 am

TME

Tencent Music Entertainment Group (TME) has partnered with Galaxy Corporation to support G-Dragon's upcoming tour across Southeast Asia and other global markets. This strategic move aims to enhance TME's global presence in the music industry.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 7:03 am

JNPR

Juniper Networks is enhancing JATCO's global operations with AI-native Wi-Fi, improving operator and end-user experiences across its upgraded network.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 6:20 am

SNY

Sanofi and Orano Med have announced a collaboration to develop next-generation radioligand medicines. This partnership aims to leverage Orano Med's expertise in radiochemistry and Sanofi's capabilities in drug development to create innovative treatments for cancer. The collaboration highlights Sanofi's commitment to expanding its oncology portfolio.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 5:54 am

AAPL

BYDDY

Apple had a secret partnership with BYD to develop long-range EV batteries, spending nearly $1 billion annually on the project before abandoning it. The collaboration influenced BYD's current battery technology, but Apple has since moved on to other battery systems.

Portfolio Pulse from Ananya Gairola

October 17, 2024 | 2:35 am

HOOD

LCID

NVAX

PHUN

TSLA

On Wednesday, major U.S. indices saw gains, with notable stock movements for Robinhood, Novavax, Phunware, Lucid Group, and Tesla. Robinhood announced new trading options, Novavax faced a clinical hold, Phunware plans AI investments, Lucid announced a public offering, and Tesla dominated the U.S. EV market.

Portfolio Pulse from Benzinga Neuro

October 17, 2024 | 2:11 am

CLMT

GEVO

Calumet Inc (NASDAQ:CLMT) and Gevo Inc (NASDAQ:GEVO) shares surged after receiving conditional loan commitments from the U.S. Department of Energy for renewable fuel projects. Calumet's loan is for $1.44 billion for a renewable fuels facility, while Gevo's is for $1.46 billion for its Net-Zero 1 project.

Portfolio Pulse from Adam Eckert

October 16, 2024 | 10:07 pm

CLMT

Montana Renewables, a subsidiary of Calumet, has secured a $1.44 billion conditional commitment from the DOE to expand its renewable fuels and biomass energy facility. This expansion will make it one of the largest producers of Sustainable Aviation Fuel globally.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 8:51 pm