Streetbeat News

Partnerships

EWJ

Japan's incoming Prime Minister Ishiba emphasizes the importance of the Bank of Japan (BOJ) independently deciding monetary policy while advocating for close cooperation between the government and the BOJ to support the economy.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 2:27 pm

BNBUSD

Floki has partnered with GraFun, a new meme coin launchpad on Binance Smart Chain, leading to a 16% increase in Floki's token price. Floki will acquire a 40% stake in GraFun and receive 40% of its revenue. The launchpad has secured partnerships with BNB Chain, DeXe Protocol, HOT Protocol, and DWF Labs.

Portfolio Pulse from Murtuza Merchant

September 27, 2024 | 1:59 pm

BMEA

IONQ

RKLB

IonQ, Biomea Fusion, and Rocket Lab USA saw significant stock price increases on Friday. IonQ surged 20% after securing a $54.5 million contract with the US Air Force Research Lab. Biomea Fusion rose 15.5% following the FDA lifting a clinical hold, and Rocket Lab USA gained 11.5% after a price target upgrade.

Portfolio Pulse from Avi Kapoor

September 27, 2024 | 1:56 pm

AMZN

Amazon's partnership with AI startup Anthropic, backed by Jeff Bezos, has been approved by the UK's competition regulator, the CMA. Despite a $4 billion investment, the CMA found no jurisdictional issues. This partnership is part of Amazon's strategy to enhance its Alexa voice assistant using Anthropic's AI models.

Portfolio Pulse from Benzinga Neuro

September 27, 2024 | 1:52 pm

HSAI

UBER

WeRide has partnered with Uber to offer robotaxi services in the UAE, while its U.S. IPO plans remain on hold. The partnership aims to boost WeRide's revenue and market presence. WeRide's IPO was delayed due to regulatory issues, but it may relaunch by year-end.

Portfolio Pulse from The Bamboo Works

September 27, 2024 | 1:26 pm

AVGO

GOOGL

INTC

MSFT

NVDA

SMH

SOXX

The article discusses the ongoing expansion in AI investments by major tech companies like Microsoft, Google, and Meta, and the benefits reaped by Nvidia and Broadcom. Microsoft is investing heavily in AI infrastructure in Brazil and Mexico, while Google is expanding its data centers in South Carolina. Intel is seeking government funding and exploring stake sales, which could impact its subsidy chances. Semiconductor ETFs have seen recent gains.

Portfolio Pulse from Anusuya Lahiri

September 27, 2024 | 1:23 pm

FMCX

KKR

LBO

KKR & Co. Inc. shares are trading lower premarket after partnering with BBVA to advance decarbonization efforts. BBVA committed $200 million to KKR's Global Climate Strategy. KKR also announced the sale of GeoStabilization International and a stake acquisition in Queensland Airports Limited.

Portfolio Pulse from Lekha Gupta

September 27, 2024 | 1:07 pm

GRYP

Gryphon Digital Mining (NASDAQ:GRYP) announced that Sim Salzman will continue as CFO, following recent management changes. The company is focused on a four-pillar strategy to maximize shareholder value, including growth, energy cost advantages, capital structure, and management team development.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 1:02 pm

BABA

Alibaba and JD.com have agreed to integrate their ecosystems to address slowing growth and regulatory pressures. This collaboration includes integrating logistics and payment services, aligning with China's antitrust directives. Both companies saw positive market reactions following China's economic stimulus measures.

Portfolio Pulse from Benzinga Neuro

September 27, 2024 | 12:57 pm

FRSX

Foresight Autonomous Holdings has entered into a multi-phase collaboration with BuilderX to develop AI tele-operation solutions for heavy machinery. This partnership aims to enhance the capabilities of heavy machinery through advanced AI technology.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 12:52 pm