Streetbeat News

Partnerships

FJTSY

SMCI

Fujitsu and Supermicro are collaborating to develop green AI infrastructure and liquid-cooled data centers. This partnership aims to enhance systems for Gen AI and HPC workloads, promoting sustainable IT solutions.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 6:39 am

LUV

Rakesh Gangwal, a director at Southwest Airlines, invested over $100 million in the company amid pressure from Elliott Management for leadership changes. Gangwal opposes further leadership alterations, despite Elliott's push for a management overhaul. Southwest announced a $2.5 billion share repurchase program, reflecting a focus on shareholder value.

Portfolio Pulse from Benzinga Neuro

October 03, 2024 | 3:37 am

CLOV

JOBY

NVDA

PLTR

TSLA

Nvidia, Palantir, Clover Health, Joby Aviation, and Tesla are in focus due to recent stock movements and news. Nvidia's partnership with Accenture boosts its stock, while Palantir's stock rises after Peter Thiel's share sale. Clover Health and Joby Aviation see significant gains due to social media traction and Toyota's investment, respectively. Tesla's stock drops despite exceeding delivery expectations.

Portfolio Pulse from Benzinga Neuro

October 03, 2024 | 2:42 am

ACN

NVDA

NVIDIA and Accenture have announced a transformative partnership to integrate AI into business operations, aiming to revolutionize productivity with AI agents. This collaboration is expected to significantly impact the AI landscape and drive market growth.

Portfolio Pulse from Kaustubh Bagalkote

October 03, 2024 | 2:27 am

ACN

NVDA

Accenture's stock rose after announcing an expanded partnership with NVIDIA to form the Accenture NVIDIA Business Group, focusing on AI adoption. This collaboration is seen as a significant step in the AI revolution, with positive reactions from analysts.

Portfolio Pulse from Erica Kollmann

October 02, 2024 | 9:36 pm

ACN

AMD

NVDA

Nvidia and Accenture have partnered to drive AI adoption, with Nvidia's GPUs being pivotal in the tech world. Analyst Dan Ives predicts significant growth for Nvidia, likening the current AI landscape to the early days of the internet. The partnership is expected to accelerate AI adoption, with Nvidia positioned as a dominant force in the sector.

Portfolio Pulse from Surbhi Jain

October 02, 2024 | 8:59 pm

FNF

Fidelity National Financial (FNF) has acquired the commercial operations of First Nationwide Title Agency (FNTA), a New York City-based team. This acquisition aligns with FNF's strategy to enhance its portfolio and service for commercial real estate clients. Key leadership from FNTA, including President and CEO Steven Napolitano, will join FNF to ensure a smooth transition.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 8:12 pm

CLOV

Clover Health's stock surged over 29% due to increased trading volume and social media traction. The rise follows a multi-year agreement with The Iowa Clinic and the appointment of a new COO. Additionally, short interest in the stock has decreased.

Portfolio Pulse from Vaishali Prayag

October 02, 2024 | 8:11 pm

AZN

RCUS

Arcus Biosciences has entered into a clinical trial collaboration with AstraZeneca to evaluate the combination of Casdatifan and Volrustomig in treating renal cell carcinoma.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 8:07 pm

PSN

Parsons has secured a position on a $4 billion contract with the Defense Threat Reduction Agency to support countering weapons of mass destruction. The contract includes a five-year base period and an option for an additional five years.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 8:05 pm