Streetbeat News

Partnerships

CRL

FBLG

Fibrobiologics has entered into a Master Services Agreement with Charles River Laboratories, effective from September 19, 2023, to September 19, 2029, unless terminated earlier by either party.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 8:05 pm

EADSY

HA

Hawaiian Airlines has announced the implementation of fast and free Starlink Wi-Fi across its entire Airbus fleet. This move is expected to enhance passenger experience by providing reliable internet connectivity during flights.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 7:01 pm

NNE

GAIN has announced the fourth round of FY 2024 nuclear energy voucher recipients, granting four companies access to DOE National Labs for advanced nuclear technology innovation. Nano Nuclear Energy is among the selected companies.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 6:51 pm

SRZN

Surrozen shares rise following a $10 million payment from Boehringer for the development of SZN-413, a treatment for retinal vascular diseases.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 6:46 pm

TSLA

Elon Musk, CEO of Tesla, Inc. (NASDAQ:TSLA), announced plans to invest in Argentina, focusing on the country's electric vehicle market. Argentina is part of the 'Lithium Triangle,' crucial for EV battery production. This move could accelerate Argentina's EV market growth, projected to reach $36.7 million by 2029.

Portfolio Pulse from Nabaparna Bhattacharya

September 24, 2024 | 6:19 pm

SEEL

Seelos Therapeutics (NASDAQ:SEEL) shares surged over 72% after signing a material transfer agreement with the U.S. Army to supply intranasal racemic ketamine (SLS-002) for a PTSD clinical trial. The trial, funded by the Department of Defense, will assess the drug's effectiveness and safety for military personnel and veterans.

Portfolio Pulse from Dylan Berman

September 24, 2024 | 6:06 pm

MSFT

Microsoft has announced a $1.3 billion investment over the next three years to enhance cloud and AI capabilities in Mexico. This move aims to empower the region with advanced technology solutions.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 6:03 pm

ARVR

CLOU

ZM

Zoom Video Communications, Inc. (NASDAQ:ZM) has launched new add-on products to enhance its enterprise offerings, focusing on security, bandwidth optimization, and compliance. These enhancements are aimed at large organizations and regulated industries. Zoom's shares rose by 1.31% following the announcement. The company also partnered with Mitel to offer a hybrid cloud solution. Investors can access Zoom's stock through ETFs like Global X Cloud Computing ETF (NASDAQ:CLOU) and First Trust Indxx Metaverse ETF (NASDAQ:ARVR).

Portfolio Pulse from Lekha Gupta

September 24, 2024 | 5:34 pm

GOEV

Canoo Inc. (NASDAQ:GOEV) has launched its operations in the UK by establishing Canoo Technologies UK Limited and setting up an Activation Center at Bicester Motion. This move is part of Canoo's global expansion strategy, aiming to enhance its commercial operations and align with the UK's zero-emissions goals. The Activation Center will allow customers to experience Canoo's right-hand drive commercial electric vans.

Portfolio Pulse from Nabaparna Bhattacharya

September 24, 2024 | 5:22 pm

LYFT

UBER

Lyft has partnered with Smartcar to address EV drivers' range anxiety by launching 'Rides in Range,' which ensures ride requests are within the EV's battery range. This initiative aims to boost driver confidence and customer satisfaction. Lyft reported a 41% revenue growth in Q2, with a 15% increase in rides. The company is also restructuring to cut costs, including layoffs and asset disposals. Lyft's stock has risen 34% over the past year, while Uber's stock has increased by 71%.

Portfolio Pulse from Anusuya Lahiri

September 24, 2024 | 5:15 pm