Streetbeat News

Partnerships

PENN

Needham analyst Bernie McTernan sees potential growth for PENN Entertainment due to product enhancements and ESPN integration. PENN's Q3 retail operations adjusted EBITDAR is expected to be $465M-$475M, with improved interactive EBITDA guidance. The analyst maintains a Buy rating with a $26 price target.

Portfolio Pulse from Lekha Gupta

October 08, 2024 | 5:59 pm

IYG

JPM

XLF

J.P. Morgan Asset Management has partnered with GLMX to enhance its Morgan Money platform, offering a broader range of short-term investment options for institutional investors. This collaboration integrates GLMX's advanced trading technology, providing access to a comprehensive suite of money market instruments.

Portfolio Pulse from Lekha Gupta

October 08, 2024 | 5:22 pm

MSOS

Pablo Zuanic from Zuanic & Associates discusses changes in M&A strategies from a buyer's perspective, highlighting the impact of potential rescheduling. He notes limited opportunities for MSOS, which is actively engaging in conferences in Germany.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 5:20 pm

NVDA

Nvidia shares rise after the 2024 AI Summit, where they announced TSMC's production move with Nvidia's CuLitho platform.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 5:15 pm

LCID

MRAM

Lucid Motors has chosen Everspin Technologies' PERSYST MRAM for its Gravity Electric SUV, enhancing data reliability and system performance. This integration highlights the importance of Everspin's MRAM in high-performance EV models.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 5:11 pm

MSOS

Pablo Zuanic from Zuanic & Associates highlights the systematic approach in the cannabis industry, emphasizing the need for institutional investors. The process is deliberate, not rushed, indicating a focus on long-term stability.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 5:08 pm

FXI

SPY

The United States Secretary of Commerce, Gina Raimondo, held a call with China's Commerce Minister. This interaction could have implications for US-China trade relations.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 5:05 pm

MSOS

Laura Bianchi, Co-Founder of Bianchi & Brandt, discusses the potential impact of rescheduling on mergers and acquisitions (M&A) in the cannabis industry. She anticipates more creative collaborations and joint ventures, as well as increased interest from banks and credit unions in servicing the industry.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 5:02 pm

MA

Mastercard is launching immediate card payments in South Africa, offering same-day payouts and enhanced cashflow management for merchants. This initiative aims to boost economic growth and innovation by providing faster and more secure transactions.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 4:46 pm

SATS

EchoStar shares rose following the announcement of a partnership to provide off-grid connectivity in Europe using satellite-enabled IoT solutions.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 4:45 pm