Streetbeat News

Partnerships

PACB

Pacific Biosciences shares rose following a new research collaboration with the National Cancer Center of Singapore, utilizing its sequencing technologies.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 2:12 pm

PACB

PacBio has entered into a research collaboration agreement with the National Cancer Centre of Singapore to utilize its sequencing technologies. This partnership aims to advance cancer research using PacBio's innovative solutions.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 1:06 pm

WLDS

WMT

Wearable Devices Ltd. has launched its Mudra Band for Apple Watch on Walmart.com, expanding its AI-powered gesture control technology to a larger audience in the U.S. This move aligns with the company's strategy to increase its presence on major retail platforms.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 12:52 pm

AMD

META

MSFT

NVDA

ORCL

AMD is intensifying its AI strategy to compete with Nvidia, unveiling new hardware and partnerships. Despite a cautious outlook from JPMorgan's Harlan Sur, AMD's AI market potential is significant, with a TAM increase to $500 billion by 2028. AMD's MI325X GPU outperforms Nvidia's H200 in AI inferencing, and the company is expanding its server CPU market share with its new EPYC processor. Strategic partnerships with Meta, Microsoft, and Oracle bolster AMD's position.

Portfolio Pulse from Surbhi Jain

October 11, 2024 | 12:47 pm

SPAI

Safe Pro Group Inc.'s subsidiary, Airborne Response, is deploying drone teams to assist in recovery efforts in Florida after Hurricane Milton. They are supporting power restoration for 2.4 million people and have secured a new contract with a major municipal utility.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 12:42 pm

COP

MRO

JPMorgan's Arun Jayaram has initiated coverage of ConocoPhillips (COP) with a Neutral rating and a price target of $126, down from $139, due to cautious oil market outlooks. Despite uncertainties, ConocoPhillips is poised for growth with a $9 billion cash return plan and a potential merger with Marathon Oil (MRO).

Portfolio Pulse from Surbhi Jain

October 11, 2024 | 12:34 pm

SGBX

Safe & Green Holdings shares rise as its subsidiary, Safe and Green Development Corporation, announces a preliminary purchase commitment of up to $2.8 million for a South Texas project.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 12:34 pm

MANH

Windsor, a women's fashion retailer, has chosen Manhattan Associates' cloud-native POS system to enhance its customer experience across 300+ stores. The implementation aims to provide a seamless omnichannel shopping experience and is expected to complete this summer.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 12:33 pm

SGBX

Safe & Green Holdings' subsidiary, Safe and Green Development Corporation, has accepted a preliminary purchase commitment of up to $2.8 million from Trio, acting as a program administrator for Choctaw American Insurance.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 12:32 pm

AZN

AstraZeneca has reported a 9.9% passive stake in Conduit Pharmaceuticals, indicating a strategic interest in the company. This move could suggest potential future collaborations or investments.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 12:03 pm