Streetbeat News

Partnerships

PBM

Psyence Biomedical Ltd. (NASDAQ:PBM) has launched its first clinical trial site in Australia for a Phase IIb study on psilocybin as a treatment for Adjustment Disorder in palliative care patients. This marks a significant step in advancing psychedelic-based treatments, with patient screening starting immediately and data expected by 2025.

Portfolio Pulse from Juan Spínelli

September 09, 2024 | 10:02 pm

ACB

Aurora Cannabis Inc. has partnered with Vectura Fertin Pharma to launch a new CBD lozenge in Canada. This collaboration aims to leverage Aurora's medical cannabis platform to gather patient feedback and potentially commercialize more products. Aurora's shares rose 2.96% in pre-market trading following the announcement.

Portfolio Pulse from Jelena Martinovic

September 09, 2024 | 9:43 pm

LUV

Southwest Airlines and IBT Local 19, representing the airline's flight simulator technicians, have reached a tentative agreement for a new collective bargaining agreement.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 8:31 pm

AMZN

GOOGL

ORCL

Oracle Corporation reported strong Q1 financial results, beating analyst estimates with earnings of $1.39 per share and revenue of $13.307 billion. The company announced significant partnerships with AWS and Google Cloud, enhancing its cloud services offerings. Oracle shares rose 9.25% in after-hours trading.

Portfolio Pulse from Erica Kollmann

September 09, 2024 | 8:28 pm

WOLF

Wolfspeed, Inc. has launched a new silicon carbide module aimed at enhancing efficiency in renewable energy, energy storage, and fast-charging sectors. The company has also partnered with EPC Power to further its impact in utility-scale inverter manufacturing.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 8:27 pm

MNTX

Manitex International has signed a dealership agreement with First Fleet Truck Sales to expand its North American PM Crane sales. First Fleet, a major truck crane upfitter in Florida, will sell and support Manitex's PM Group knuckle boom cranes and aerial work platforms.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 8:20 pm

SNY

Sanofi shares declined following Vir Biotechnology's announcement of an exclusive license agreement with the company.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 8:19 pm

ASNS

Actelis Networks has received an order from a major U.S. Department of Aerial Transportation agency. The financial details of the order have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 8:12 pm

CALM

Cal-Maine Foods has completed a strategic investment with Crepini LLC, forming a new joint venture, Crepini Foods LLC. Cal-Maine will invest $6.75 million for a 51% stake, while Crepini LLC will hold 49%.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 8:11 pm

ORCL

Oracle and Google Cloud have announced the general availability of Oracle Database@Google Cloud in four regions across the US and Europe. This collaboration aims to enhance cloud services and expand Oracle's database reach.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 8:05 pm