Streetbeat News

Partnerships

BLK

BlackRock has announced a new AI partnership aimed at mobilizing up to $100 billion in total investment potential, including debt financing. This move highlights BlackRock's commitment to leveraging AI in its investment strategies.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 8:27 pm

BLK

MSFT

BlackRock, Global Infrastructure Partners, Microsoft, and MGX have announced a new AI partnership aimed at unlocking $30 billion of private equity capital over time.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 8:26 pm

BLK

MSFT

BlackRock and Microsoft are collaborating to create a $30 billion fund aimed at investing in AI infrastructure. This partnership highlights the growing importance of AI technology and infrastructure in the financial and tech sectors.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 8:08 pm

AMZN

INTC

MSFT

Microsoft and Amazon are facing potential death crosses on their stock charts, but Wall Street remains optimistic due to their AI advancements. Microsoft is boosting shareholder returns with a dividend hike and a new buyback program, while Amazon is streamlining operations and investing in AI chips with Intel.

Portfolio Pulse from Surbhi Jain

September 17, 2024 | 7:56 pm

AMZD

AMZN

AMZU

INTC

Amazon's stock rose slightly due to a collaboration with Intel on AI chips and an upcoming sales event. However, challenges like ending remote work and inflationary pressures loom. Direxion's AMZU and AMZD ETFs offer trading opportunities based on Amazon's performance.

Portfolio Pulse from Joshenomoto@benzinga.com

September 17, 2024 | 7:55 pm

EA

Electronic Arts (NASDAQ:EA) shared its long-term growth strategy at its Investor Day, aiming to outpace market growth and expand margins through fiscal 2027. EA plans to double its global audience, enhance its IP portfolio, and introduce new experiences, including a modern Battlefield experience and a partnership with Amazon MGM Studios for a Sims movie. The company is on track to meet high-end net bookings guidance for Q2 2024 and FY 2025.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 7:31 pm

AAPL

GS

JPM

JPMorgan Chase is in talks to take over the Apple credit card program from Goldman Sachs. Discussions have advanced, but key details, including pricing, are still being negotiated. The transition involves $17 billion in outstanding balances.

Portfolio Pulse from Adam Eckert

September 17, 2024 | 7:15 pm

EA

Electronic Arts (EA) has announced a new 'Battlefield' title with play testing set for next year, a 'The Sims' film in partnership with Amazon MGM Studios, and aims to double annual bookings for 'The Sims' over five years. Additionally, the 'EA Sports' app will soft-launch in Spain this fall.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 7:14 pm

CRWD

CrowdStrike and Dazz have announced a partnership to enhance cloud security through CrowdStrike Falcon Cloud Security, integrating Dazz's security remediation insights. This collaboration aims to provide comprehensive cloud security with actionable recommendations for code fixes and remediation.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 7:04 pm

ALK

HA

The U.S. Department of Transportation has granted Alaska Airlines and Hawaiian Airlines a temporary exemption for common ownership under Alaska Air Group. This is pending a final decision on the transfer of route authority.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 6:26 pm