Streetbeat News

Partnerships

GOOG

GOOGL

LPSN

MSFT

NVDA

OpenAI CEO Sam Altman stated that a moratorium on AI development is not the optimal approach, emphasizing the importance of responsible AI development and deployment.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 2:49 pm

AAL

JBLU

American Airlines executive stated that the Northeast Alliance with JetBlue will not change the company's capacity plans in New York in the short term.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 2:48 pm

AAL

JBLU

An American Airlines executive stated that the court ruling on the Northeast Alliance with JetBlue could have an impact in New York, but it is not expected to be very material to the company's earnings.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 2:43 pm

BMR

NVDA

Beamr Imaging Ltd (BMR) stock surged 151% after NVIDIA Corporation (NVDA) announced the release of NVENC Video Codec SDK 12.1, which integrates Beamr's Content Adaptive Bit Rate (CABR) library. The collaboration aims to deliver high-quality, low-bitrate video encoding.

Portfolio Pulse from Henry Khederian

May 25, 2023 | 2:40 pm

AMZN

DISH

DISH Network's stock is up following reports of a potential deal to sell wireless plans for its mobile phone service through Amazon. This arrangement could give DISH's 5G rollout a critical lifeline and help Amazon expand its footprint in the consumer smartphone market.

Portfolio Pulse from Anusuya Lahiri

May 25, 2023 | 2:32 pm

AMZN

DISH

T

TMUS

VZ

KeyBanc analysts circulated a note suggesting that a potential distribution deal between Dish and Amazon could negatively impact AT&T, Verizon, and T-Mobile.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 2:21 pm

GDNSF

GRUSF

Goodness Growth Holdings and Grown Rogue International have entered into a strategic agreement to optimize Goodness Growth's cannabis flower products, focusing on improving quality and yield. The agreement expires on September 30, 2025, and includes compensation for Grown Rogue's consulting support and potential incentive compensation.

Portfolio Pulse from Vuk Zdinjak

May 25, 2023 | 2:13 pm

AMC

AMC Theatres has struck a distribution deal with Mansa, a free streaming outlet focused on Black culture, co-founded by actor David Oyelowo. The partnership aims to expand the reach of Mansa's content and promote diversity in the entertainment industry.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 2:08 pm

CNVS

Cineverse (NASDAQ:CNVS) has reached its first third-party distribution agreement for its true crime channel Crime Hunters through a new deal with Sling Freestream. This adds to the Cineverse Networks portfolio available as free ad-supported streaming television (FAST) channels on Sling Freestream.

Portfolio Pulse from Happy Mohamed

May 25, 2023 | 2:07 pm

CLVR

CLVRW

Clever Leaves Holdings Inc. (NASDAQ:CLVR) (NASDAQ:CLVRW) has entered into a five-year agreement with SOMAÍ Pharmaceuticals to supply EU-GMP certified CBD extracts from Colombia to its operations in Portugal. The first shipments have been completed, and Clever Leaves will continue to supply pharmaceutical-grade APIs and CBD extracts for patients across Europe.

Portfolio Pulse from Vuk Zdinjak

May 25, 2023 | 1:44 pm