Streetbeat News

Partnerships

WLDN

Willdan Group, Inc. has been awarded a four-year contract by the City of Seattle to implement the Seattle City Light Energy Design Assistance Program. The contract involves providing technical assistance for energy-efficient design in new buildings and partnering with local women- and minority-owned businesses.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 1:18 pm

AVAV

AeroVironment has been awarded a $54.9 million delivery order by the U.S. Army for the production of Switchblade loitering munition systems, with a potential contract ceiling of $743 million. This contract supports the U.S. Army and allied partners.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 1:17 pm

BBAI

BigBear.ai shares rose after securing a five-year $165.15 million contract with the U.S. Army for Global Force Information Management Production Services.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 1:07 pm

MULN

Mullen Automotive is establishing Mullen Credit Corporation to support its dealership network with vehicle floor planning and offer financing options to fleets and small businesses.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 1:07 pm

LCID

Four Seasons Hotels and Resorts is partnering with Lucid Motors to offer sustainable driving experiences to guests. The program will start this fall at select U.S. locations, with plans to expand to other regions.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 1:04 pm

BBAI

BigBear.ai has been awarded a 5-year, $165 million production contract by the US Army for the Global Force Information Management - Objective Environment project. This contract highlights BigBear.ai's capabilities in providing advanced data analytics and AI solutions to the military sector.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 1:02 pm

FLEX

Flex and JetCool have partnered to develop liquid cooling-ready servers for AI and high-density workloads, addressing the demand from hyperscalers and enterprise customers. The servers will use JetCool's microconvective liquid cooling technology and comply with Open Compute Project specifications.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 1:02 pm

C

Citigroup Inc. (NYSE:C) is set to release its Q3 earnings on Oct. 15, with expected earnings of $1.31 per share, down from $1.63 a year ago, and projected revenue of $19.84 billion. Recent analyst ratings show mixed sentiments, with some increasing and others decreasing price targets. Citigroup recently partnered with Mastercard for cross-border payments, and its stock rose 3.6% to $65.74.

Portfolio Pulse from Avi Kapoor

October 14, 2024 | 12:59 pm

ERIC

Ericsson has secured a multi-billion dollar 5G equipment contract from Bharti Airtel, following a $3.6 billion deal with Vodafone Idea. These contracts are expected to aid Ericsson's revenue recovery after a significant decline in sales in Southeast Asia, Oceania, and India in Q2.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 12:59 pm

IPW

iPower Inc. (NASDAQ:IPW) has expanded its SuperSuite's U.S. sales channels by launching on AliExpress, enhancing its reach and providing supply chain partners access to another major U.S. marketplace.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 12:35 pm