Streetbeat News

Partnerships

DIA

GM

IWM

QQQ

RMD

SPY

XLE

XLK

Ahead of the FOMC meeting, Wall Street is experiencing modest losses with uncertainty over the size of the expected rate cut. Treasury yields are rising, and the VIX is up 8%, indicating increased market anxiety. Major indices and ETFs are mostly down, except for the Energy Select Sector SPDR Fund (XLE), which is up. ResMed Inc. (RMD) fell over 5% due to a downgrade, while General Motors Co. (GM) rose over 2% after announcing access to Tesla's Supercharger network.

Portfolio Pulse from Piero Cingari

September 18, 2024 | 4:32 pm

EVGO

FTXR

GM

RPV

TSLA

General Motors (GM) has announced that its customers can now access over 17,800 Tesla Superchargers using a GM-approved adapter, enhancing EV charging options. This move is part of GM's strategy to expand its charging infrastructure and improve the EV customer experience. GM has also expanded its partnership with EVgo to install 400 fast-charging stalls in major U.S. cities. Additionally, GM reached a tentative agreement with Unifor for workers at its Ontario facilities.

Portfolio Pulse from Lekha Gupta

September 18, 2024 | 4:13 pm

AGL

Agilon Health's stock is rising following the announcement of a partnership with Eagle Physicians, a multi-specialty group in North Carolina.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 3:59 pm

META

Meta Platforms, Inc. (NASDAQ:META) is on the verge of a potential breakout due to an ascending triangle pattern on its stock chart, indicating bullish implications. Additionally, Meta has extended its partnership with EssilorLuxottica to develop smart eyewear, which could further impact its stock positively.

Portfolio Pulse from Mark Putrino

September 18, 2024 | 3:49 pm

ERIC

NOK

TMUS

T-Mobile has partnered with NVIDIA, Ericsson, and Nokia to launch an AI-RAN Innovation Center. This initiative aims to combine 5G Advanced and AI technologies to revolutionize mobile networking and enhance customer experiences.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 3:35 pm

SWVL

Swvl Holdings Corp (NASDAQ:SWVL) shares surged 45% after announcing $2.6 million in new annual contracts in Saudi Arabia, boosting its gross profit sixfold in the region. The contracts align with Swvl's strategy to expand in Saudi Arabia, its fastest-growing market.

Portfolio Pulse from Henry Khederian

September 18, 2024 | 3:22 pm

LODE

Comstock Fuels has signed an international license agreement with SACL to advance lignocellulosic biomass refining in Australia and New Zealand. This partnership aims to enhance the production of renewable fuels and chemicals in the region.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 3:12 pm

RELL

Quantic Electronics and Richardson Electronics have announced a global partnership to enhance access to advanced capacitor technologies for aerospace and defense systems.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 3:00 pm

AMZN

PYPL

Amazon has announced the integration of PayPal as a payment option on 'participating merchants' websites through its 'Buy with Prime' and 'Amazon Multi-Channel Fulfillment' services. This move is expected to enhance the payment flexibility for customers and potentially increase the adoption of Amazon's services by merchants.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 2:51 pm

PYPL

Traders are circulating a rumor that PayPal's services have been added to Amazon Prime, which could potentially impact PayPal's stock price.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 2:44 pm