Streetbeat News

Partnerships

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

NWTN

NWTN Inc. and CMEC Middle East Fze plan to form a strategic partnership to contribute to the UAE's Hydrogen Leadership Roadmap and 2050 National Net Zero target. The partnership aims to collaborate on green hydrogen projects, introduce Chinese technical solutions, and leverage investment and strategic resources.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 4:11 pm

GOOG

GOOGL

Google has introduced an AI for Health program aimed at supporting startups in the healthcare sector. The program will provide resources, expertise, and support to help startups develop AI-powered solutions for healthcare challenges.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 3:03 pm

KW

PACW

PacWest Bancorp has entered into a loan purchase and sale agreement with a subsidiary of Kennedy-Wilson Holdings to sell a portfolio of 74 real estate construction loans, causing its shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 3:02 pm

WKEY

WISeKey International announced plans to launch new WISeSat-Ready FOSSA-powered satellites with SpaceX and disclosed the final distribution ratios for the partial spinoff of SEALSQ Corp. The satellites will be part of an 80-satellite constellation providing global IoT connectivity for industrial applications.

Portfolio Pulse from Anusuya Lahiri

May 22, 2023 | 2:42 pm

NVDA

RLLCF

Nvidia has partnered with Rolls Royce and Classiq to design jet engines using quantum computing. The companies used Nvidia's quantum-computing platform to simulate the world's largest quantum-computing circuit for computational fluid dynamics. Nvidia also plans to build a new lab with the Jülich Supercomputing Centre.

Portfolio Pulse from Nabaparna Bhattacharya

May 22, 2023 | 2:35 pm

ORCL

TikTok claims its US survival plan is progressing, but its cloud provider, Oracle, has doubts as they haven't reached an agreement on monitoring the app.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 2:33 pm

VUZI

Vuzix Corporation (VUZI) has received new OEM purchase orders for engineering services and products from two defense customers. The first customer aims to add smart capabilities to their helmet solutions, while the second customer plans to design AR goggles for soldiers to remotely give orders to animals.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 2:32 pm

F

FXI

Ford CEO Jim Farley stated that China could become an export hub for Ford's low-cost commercial vehicles. This move would help the company expand its global presence and tap into the growing demand for affordable commercial vehicles.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 2:26 pm

BA

ESYJY

EXPE

RYAAY

Ryanair reported a near-record annual profit of €1.4 billion, bouncing back from a €355m loss the previous year. The company has spent $40 billion on 300 new aircraft from Boeing and aims to transport 300 million passengers annually by 2034. Despite inflation, European consumers are prioritizing travel.

Portfolio Pulse from Upwallstreet

May 22, 2023 | 2:20 pm