Streetbeat News

Partnerships

SHOP

The article discusses the potential of THC beverages to revitalize the struggling alcohol industry. Experts at the Benzinga Cannabis Capital Conference highlighted the growing interest in hemp-derived THC beverages as an alternative to traditional alcohol. These beverages are seen as a promising growth category due to their fast-acting effects and social appeal. The article also mentions the role of Shopify in supporting the hemp industry's direct-to-consumer sales approach.

Portfolio Pulse from Nina Zdinjak

October 16, 2024 | 1:04 pm

LILA

Sparkle has partnered with Liberty Networks and Gold Data to launch a new subsea cable system called 'MANTA,' which will provide high-capacity, low-latency connectivity between Mexico, Panama, Colombia, and the USA.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 1:04 pm

DD

DuPont and Aero Tec Laboratories have announced a collaboration to develop a new fuel bladder, the first of three projects aimed at revolutionizing materials for the racing industry. The terms of the collaboration were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 1:03 pm

EMR

HyIS-one has chosen Emerson as the automation partner for Korea's largest hydrogen refueling station for commercial vehicles in Busan. Emerson will supply advanced technologies to support sustainable transportation infrastructure.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 1:02 pm

HMN

TRU

Horace Mann has partnered with TransUnion to enhance financial wellness offerings for educators. This partnership will provide free credit education and tools through HMScore, aiming to improve financial literacy among educators.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 1:01 pm

BLCN

BYON

ONLN

TCS

The Container Store (TCS) shares surged in premarket trading after announcing a $40 million investment from Beyond, Inc. (BYON) as part of a strategic partnership. This collaboration aims to enhance customer experience and boost traffic for TCS's core offerings. Beyond will gain approximately 40% ownership of TCS's common equity, contingent on certain conditions.

Portfolio Pulse from Nabaparna Bhattacharya

October 16, 2024 | 12:59 pm

AMZN

SMR

Amazon is leading a $500 million funding round for X-Energy to develop Small Modular Reactor (SMR) nuclear power technology. A feasibility study is planned for an SMR project near Washington State's Northwest Energy site. Amazon and X-Energy aim to generate over 5 gigawatts of SMR power in the U.S. by 2039, with plans for a project at a Virginia nuclear plant.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 12:54 pm

INTC

MU

Intel and Micron Technology are competing in the semiconductor industry. Intel faces challenges with geopolitical issues and partnerships, while Micron is advancing with memory solutions and global expansion. Micron's stock is performing better, with analysts predicting further upside.

Portfolio Pulse from Surbhi Jain

October 16, 2024 | 12:45 pm

AMZN

Amazon has signed agreements for innovative nuclear energy projects, specifically small modular reactors, to address its growing energy demands and move towards net carbon zero. This initiative is part of Amazon's sustainability efforts.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 12:43 pm

MS

Morgan Stanley's CFO, Sharon Yeshaya, anticipates a rise in investment banking activity in the coming quarters, driven by the U.S. presidential election reducing uncertainties and increased IPO demand from private equity firms. The bank is also seeing new deals from stronger ties between its wealth and investment banking divisions.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 12:29 pm