Streetbeat News

Partnerships

ET

KBR

KBR and Technip Energies' joint venture, KTJV, has been selected by Lake Charles LNG Export Company, a subsidiary of Energy Transfer LP, for a major LNG transformation project. The project aims to convert an import facility into an export facility, enhancing global LNG supply.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 8:24 pm

FTI

TechnipFMC has been awarded two significant subsea contracts by Petrobras for Brazil's pre-salt fields. The first contract is valued between $250M-$500M, and the second is between $75M-$250M.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 8:19 pm

NWTN

NWTN has suspended the production of Rabdan vehicles following a directive from UAE authorities. The company is rebadging 320 vehicles, expects a $17 million inventory impairment, and is reducing its workforce by 57%. NWTN is also exploring new partnerships to navigate these challenges.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 8:15 pm

AMZN

NXPI

NXP Semiconductors has chosen Amazon Web Services (AWS) to enhance its semiconductor innovation. This partnership aims to leverage AWS's cloud capabilities to accelerate NXP's development processes and improve efficiency.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 8:00 pm

GD

General Dynamics Information Technology has secured a $299 million contract to support the Pentagon's network infrastructure through DISA's JSP ETM-NG program. The contract includes a one-year base period and two six-month options.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 7:42 pm

NIO

TSLA

NIO Inc. shares are trading higher as 40% of its store managers are former Tesla employees. NIO's Onvo is launching the L60, priced lower than Tesla's Model Y in China. NIO has also expanded its store count to 120.

Portfolio Pulse from Nabaparna Bhattacharya

September 19, 2024 | 7:13 pm

DIS

Disney has secured a first-look deal with 'Spider-Man: No Way Home' director Jon Watts, allowing them first access to his projects. This collaboration could enhance Disney's film offerings across various genres.

Portfolio Pulse from Anusuya Lahiri

September 19, 2024 | 6:59 pm

HUT

Hut 8 Corp. (NASDAQ:HUT) shares rose after announcing an expanded partnership with BITMAIN to introduce a new liquid-cooled ASIC miner for Bitcoin mining. The agreement could significantly increase Hut 8's hash rate and computing capabilities.

Portfolio Pulse from Dylan Berman

September 19, 2024 | 6:43 pm

AAPL

Apple has introduced the ability for California residents to add their driver's licenses and state IDs to Apple Wallet as part of a pilot program with the California DMV. This feature allows for a secure and private way to present IDs using iPhone and Apple Watch.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 5:33 pm

KSCP

Knightscope, Inc. (NASDAQ:KSCP) has announced a security robot contract renewal in Texas and a robot upgrade for a California hospital, highlighting its continued growth in robotics and AI technologies for public safety.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 5:05 pm