Streetbeat News

Partnerships

PATH

UiPath shares are trading higher following the announcement of a partnership with Peraton.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 7:51 pm

PACW

WAL

Western Alliance shares are trading higher amid a rebound in regional banks. PacWest gained after entering a loan purchase and sale agreement, which may be lifting regional banking sentiment.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 7:45 pm

LUNA

Needham analyst Alex Henderson initiated coverage on Luna Innovations Inc (NASDAQ:LUNA) with a Buy rating and a $10 price target. Henderson cites LUNA's focus on fiber technology diagnostics, collaborations with Lockheed Martin, Airbus, and Intuitive Surgical, and growth in EV battery products as reasons for optimism.

Portfolio Pulse from Lekha Gupta

May 22, 2023 | 7:09 pm

KULR

KULR Technology Group Inc (NASDAQ:KULR) shares are trading higher after the company announced a development contract from a US Armed Forces branch to develop battery packs for uninterruptible power supplies to mobile command centers. The deal terms were not disclosed.

Portfolio Pulse from Vandana Singh

May 22, 2023 | 6:14 pm

MSFT

Microsoft Co-Founder Bill Gates stated at a Goldman Sachs event that the key tech race to win is the development of a top AI agent, which will replace search engines, productivity tools, and Amazon. He expressed his admiration for the startup Inflection AI, backed by Reid Hoffman.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 5:34 pm

MA

Mastercard has partnered with HealthLock to launch an online platform aimed at protecting consumers from healthcare fraud, overcharges, and medical billing errors. The platform will initially be available to U.S.-issued HSA and FSA Mastercard cards, with plans to expand later in the year.

Portfolio Pulse from Nabaparna Bhattacharya

May 22, 2023 | 5:20 pm

INTC

Intel showcased its HPC and AI product portfolio at ISC'23, including the Intel Data Center GPU Max Series 1550, which outperforms Nvidia H100 by 30% on scientific workloads. Intel also announced the Granite Rapids CPU and Falcon Shores GPU for future HPC and AI workloads. Argonne National Laboratory, Intel, and HPE are collaborating on an international initiative to develop generative AI models for science and society using the Aurora supercomputer.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 4:46 pm

FCEL

GTLS

FuelCell Energy (FCEL) has entered into a Memorandum of Understanding (MOU) with Chart Industries (GTLS) to develop decarbonization and hydrogen technologies. The partnership aims to address customer needs for hydrogen and CO2 liquefaction, compression, storage, and transport.

Portfolio Pulse from Shivani Kumaresan

May 22, 2023 | 4:35 pm

DIS

Disney has dismissed the idea of building miniparks in the US, focusing instead on major theme parks and cruise ships. The company's ongoing legal dispute with Florida Governor Ron DeSantis has not impacted its business results, according to Disney parks chief Josh D'Amaro.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 4:24 pm