Streetbeat News

Partnerships

ERJ

Embraer shares rise following a partnership with Fort Worth, Texas, to invest up to $70 million in new MRO facilities for commercial jets at Perot Field Alliance Airport.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 4:34 pm

ARKF

RVER

SOFI

SoFi Technologies is enhancing its payment services by adopting Galileo's Cyberbank Core, a cloud-based platform, to improve commercial payment services. This move is part of SoFi's ongoing partnership with Galileo, a subsidiary, and is expected to be completed by November 2024. The platform offers scalability, real-time processing, and agility, supporting SoFi's growth and innovation in financial services.

Portfolio Pulse from Lekha Gupta

October 16, 2024 | 4:16 pm

AMZN

NNE

Nano Nuclear Energy Inc. (NASDAQ:NNE) shares are rising due to Amazon Web Services' $500 million investment in nuclear power, including agreements for Small Modular Reactors. NNE's recent initiatives in space applications also contribute to the positive sentiment.

Portfolio Pulse from Nabaparna Bhattacharya

October 16, 2024 | 4:10 pm

CCJ

DNN

LEU

UEC

UUUU

Uranium stocks are experiencing a rise in share prices following Amazon Web Services' announcement of a $500 million investment in nuclear power.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 4:06 pm

AIFF

Firefly Neuroscience shares rose following a collaboration with Bright Minds Bioscience to analyze Phase 1 study data using AI and FDA-Cleared BNA technology.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 3:59 pm

BA

UAL

United Airlines CEO expressed appreciation for Boeing CEO's long-term focus, aligning with United's priorities, during a conference call.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 3:47 pm

BA

UAL

United Airlines CEO expressed confidence that Boeing will not file for Chapter 11 bankruptcy. He acknowledged the impact of strikes on United's schedule but is optimistic about Boeing's long-term focus.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 3:41 pm

GM

LAC

LITP

Lithium Americas Corp. shares surged after announcing a joint venture with General Motors for the Thacker Pass lithium project. GM will invest $625 million, acquiring a 38% stake, and has a conditional $2.3 billion DOE loan. This marks a significant step in establishing a domestic supply chain for critical minerals.

Portfolio Pulse from Lekha Gupta

October 16, 2024 | 3:29 pm

BA

UAL

United Airlines CEO expresses optimism about Boeing's direction under Kelly Ortberg, expecting a positive rally from Boeing employees.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 3:09 pm

BA

UAL

United Airlines' CFO expressed support for Boeing, highlighting Boeing's smart decisions and potential plans to raise equity in the capital markets to stabilize its business.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 3:04 pm