Streetbeat News

Partnerships

SNY

Sanofi's CEO announced undisclosed obesity drug development programs and investments in third parties with potential in this field.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 2:34 pm

MSFT

Jony Ive has confirmed a collaboration with OpenAI CEO Sam Altman on an AI hardware project. The project, funded by Ive and the Emerson Collective, could raise $1 billion by year-end. Details are scarce, but the team includes former Apple colleagues and is working from a new San Francisco office.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 2:34 pm

SPCB

SuperCom shares rose following the announcement of a three-year contract with a European government to implement its PureSecurity domestic violence monitoring solution.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 2:34 pm

AMZN

SLB

Amazon and AWS have expanded their partnership with SLB through a multi-year agreement to explore low carbon technology deployment and accelerate digital decarbonization. This collaboration aims to enhance sustainability efforts and digital transformation in the energy sector.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 2:13 pm

CEG

Constellation Energy's shares are rising as analysts increase price targets following a power purchase agreement with Microsoft.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 1:56 pm

DYAI

Dyadic International, Inc. (NASDAQ:DYAI) updates on its business progress and announces its participation in the Bioprocess International Conference in Boston in 2024. The company is advancing its C1 and Dapibus™ platforms for efficient protein manufacturing, targeting the alternative protein market and human and animal health sectors. Dyadic is also progressing in partnerships, notably with Proliant Health and Biologicals, and expects revenue growth from recombinant albumin sales.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 1:52 pm

TCJH

Top KingWin Ltd's subsidiary, Guji Technology, has signed a nonbinding LOI with Tuoxun Technology for the potential sale of 1,000 Lenovo servers. This move is part of Guji's strategy to expand its hardware supply chain business.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 1:44 pm

CRKN

Crown PE Pipelines Division has secured $33 million in contracts for lead pipe remediation, with work set to begin in January 2025.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 1:31 pm

REE

REE Automotive Ltd. has announced the start of U.S. production for its P7 electric truck line-up in partnership with Roush Industries. Production will begin in Q4 2024 at Roush's Detroit facility, with an annual capacity of up to 5,000 trucks. Motherson will manage the global supply chain and logistics. This move is expected to accelerate production, reduce costs, and improve cash flow.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 1:30 pm

CEG

MSFT

Constellation Energy's stock is climbing after announcing a 20-year power purchase agreement with Microsoft, leading to increased price targets from analysts. The deal involves restarting Three Mile Island and launching the Crane Clean Energy Center.

Portfolio Pulse from Adam Eckert

September 23, 2024 | 1:27 pm