Streetbeat News

Partnerships

AIR

AAR Corp has been awarded a $1.2 billion five-year contract by the U.S. Navy for depot maintenance and field team support of the P-8A Poseidon aircraft. This contract includes services for the U.S., Australia, and Foreign Military Sales (FMS) customers.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 12:05 pm

VTYX

Ventyx Biosciences shares rose following a $27 million investment from Sanofi, indicating positive market sentiment and potential growth opportunities for the company.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 12:02 pm

IBM

IBM has introduced a new AI foundation model for weather and climate applications, developed in collaboration with NASA and Oak Ridge National Laboratory. This model is available open-source to the scientific and business communities.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 12:02 pm

LTRY

Lottery.com Inc. (NASDAQ:LTRY) announces that Sports.com has expanded its platform and content into new Asian markets, including Malaysia and the MENA region, in partnership with Forest Interactive. This move aims to meet the growing global demand for sports entertainment.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 11:56 am

BWMN

Bowman Consulting Group Ltd. (NASDAQ:BWMN) has secured a significant contract with the Illinois Department of Transportation to manage and design a 15.6-mile corridor of I-55. This project is part of Illinois' $45 billion Rebuild Illinois infrastructure program, aiming to improve safety and reduce congestion.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 11:38 am

BCAB

CNTX

Context Therapeutics has secured global rights to develop and commercialize BioAtla's cancer therapy BA3362, a Nectin-4 x CD3 TCE. This agreement allows Context to advance its pipeline of TCE assets, while BioAtla focuses on its lead clinical CAB programs. BioAtla will receive up to $133.5 million in payments.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 11:34 am

GE

MSFT

GE Aerospace has partnered with Microsoft to implement the AI Wingmate platform, powered by Azure AI, to enhance productivity and innovation among its 52,000 employees. This collaboration aims to improve safety, sustainability, and supply chain efficiency in the aerospace industry.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 11:21 am

MMA

Alta Global Group (NYSE:MMA) partners with UFC Gym Group to expand globally, targeting $7M annual revenue. The partnership will integrate Alta's Warrior Training Program and mobile marketing platform into UFC Gym's network, starting in California in 2024.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 11:16 am

BABA

LI

NVDA

PGJ

Alibaba's cloud computing unit partners with Nvidia to enhance autonomous driving for Chinese automakers amid U.S. semiconductor sanctions. The collaboration integrates Alibaba's language models with Nvidia's platforms, showcasing advancements at the Apsara Conference.

Portfolio Pulse from Anusuya Lahiri

September 23, 2024 | 11:08 am

BITF

RIOT

Bitfarms and Riot Platforms have reached a settlement agreement ahead of a special meeting. Riot will withdraw its requisition and accept standstill provisions until Bitfarms' 2026 Annual Meeting. Riot also gains rights to purchase shares if it holds 15% or more of Bitfarms' common shares.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 11:02 am