Streetbeat News

Partnerships

AIPI

PLTR

SHLD

Palantir Technologies Inc. (NYSE:PLTR) has secured a $99.804 million contract to expand its Maven Smart System across various U.S. military branches. Despite this positive development, PLTR shares are trading lower in the premarket session. Investors can also gain exposure to PLTR through ETFs like REX AI Equity Premium Income ETF (NASDAQ:AIPI) and Global X Defense Tech ETF (NYSE:SHLD).

Portfolio Pulse from Nabaparna Bhattacharya

September 20, 2024 | 1:15 pm

CEG

FTWO

MSFT

UTES

Microsoft has signed a 20-year power purchase agreement with Constellation Energy to source carbon-free energy for its data centers, leading to the launch of the Crane Clean Energy Center and the restart of Three Mile Island Unit 1. This initiative supports Microsoft's sustainability goals and is expected to create 3,400 jobs in Pennsylvania.

Portfolio Pulse from Lekha Gupta

September 20, 2024 | 1:07 pm

RBRK

Rubrik has expanded its cyber recovery and incident response capabilities for Nutanix AHV. The enhancements include improved testing, recovery validation, and forensic investigation tools.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 1:05 pm

APO

Apollo's ATLAS SP and BNP Paribas have announced a $5 billion strategic collaboration. This partnership aims to leverage both firms' strengths in asset management and financial services.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 1:01 pm

HD

IJR

PEP

TGT

Target Corporation has appointed Jim Lee from PepsiCo as its new CFO. Home Depot is expected to benefit from lower interest rates despite a recent legal settlement. iShares Core S&P Small-Cap ETF was highlighted as a final trade pick.

Portfolio Pulse from Avi Kapoor

September 20, 2024 | 12:34 pm

ENS

EnerSys has been selected by the U.S. Department of Energy for a $199 million award negotiation to develop a lithium-ion cell gigafactory in South Carolina. EnerSys plans to invest $615 million over four years in this project.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 12:32 pm

CBT

Cabot Corporation has been selected by the U.S. Department of Energy for a $50 million award negotiation to develop the first commercial-scale battery material facility in the U.S. This initiative is part of efforts to enhance domestic battery production capabilities.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 12:26 pm

ADTX

EVFM

Aditxt's subsidiary, Pearsanta, has partnered with Evofem Biosciences to launch a blood-based diagnostic test for endometriosis in the U.S. by mid-2025. This test aims to be the first validated blood-based test for the condition.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 12:19 pm

CHPT

ChargePoint has secured NEVI Award funding to expand EV charging infrastructure on California highways, which could enhance its market position and growth prospects.

Portfolio Pulse from Nabaparna Bhattacharya

September 20, 2024 | 12:05 pm

CEG

Constellation Energy's shares rose following the announcement of a 20-year power purchase agreement with Microsoft.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 11:32 am