Streetbeat News

Partnerships

PTEN

SLB

Patterson-UTI Energy, Inc. has formalized a joint venture with ADNOC Drilling and SLB in the UAE. Patterson-UTI will hold a 15% stake in Turnwell Industries LLC OPC, which will drill 144 unconventional wells for ADNOC.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 1:49 pm

AMZN

MA

Mastercard and Amazon Payment Services have partnered to enhance digital payment acceptance in the Middle East and Africa, targeting key markets such as UAE, Egypt, and South Africa.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 1:46 pm

AAPL

BABA

SBUX

Jim Cramer highlights Starbucks as a 'stimulus play' amid China's economic efforts, with a Golden Cross indicating a potential bullish run. Despite challenges in China, technical indicators suggest Starbucks stock is poised for growth.

Portfolio Pulse from Surbhi Jain

September 30, 2024 | 1:30 pm

SLB

SLB has partnered with ADNOC Drilling to accelerate the development of 144 unconventional oil and gas wells, with potential for more in a second phase. The project is set for completion by Q4 2025.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 1:25 pm

PL

Planet Labs has secured a 12-month renewable contract with the Federal Police of Brazil to provide global daily monitoring services over threatened rainforests. The contract is valued at a seven-figure amount.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 1:08 pm

RTX

Raytheon, an RTX business, has secured a $525 million contract from the U.S. Navy to produce ESSM Block 2 missiles and spares for the U.S. and allied nations, enhancing naval capabilities.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 1:04 pm

CINT

CI&T (NYSE:CINT) has achieved AWS Well-Architected Authorized Partner status, highlighting its expertise in designing and managing secure applications using AWS best practices. This status differentiates CI&T as an AWS Advanced Consulting Partner with specialized proficiency.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 12:40 pm

BMY

PRME

Prime Medicine Inc. has entered a strategic collaboration with Bristol Myers Squibb to develop next-generation ex vivo T-cell therapies, potentially worth over $3.5 billion. Prime Medicine will receive $110 million upfront and focus on developing treatments for chronic granulomatous disease and other conditions.

Portfolio Pulse from Vandana Singh

September 30, 2024 | 12:38 pm

QUBT

Quantum Computing Inc. has extended its collaboration with Los Alamos National Laboratory to enhance the quantum optimization capabilities of its Dirac-3 platform. This partnership aims to tackle complex problems in energy, telecommunications, and signal processing.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 12:36 pm

AON

GS

The Milken Institute's Asia Summit and TOKEN2049 in Singapore highlighted the importance of diversifying investments into Asia, particularly China, due to potential growth opportunities. Experts discussed the disruption in global trade, the need for diverse recruitment strategies, and the evolving crypto landscape. AON PLC and Goldman Sachs were mentioned in the context of recruitment and investment strategies.

Portfolio Pulse from Renato Capelj

September 30, 2024 | 12:35 pm