Streetbeat News

Partnerships

REE

REE Automotive Ltd. (NASDAQ:REE) has announced a strategic alliance with Motherson Group, securing a $45.35 million investment through a direct offering. This partnership will enhance REE's production capabilities and support its expansion in the electric vehicle market.

Portfolio Pulse from Lekha Gupta

September 16, 2024 | 4:44 pm

AKAN

Akanda Corp. has obtained a hemp cultivation license in Canada, enhancing its strategic position in the cannabis market. This development is part of its agreement with 1107385 B.C. LTD, reinforcing Akanda's commitment to its global cannabis industry leadership.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 4:44 pm

AMZN

EverPass has signed a distribution deal with Amazon to stream NFL's Thursday Night Football on Prime Video, expanding its reach to commercial establishments. This move follows EverPass's previous agreements with Peacock and Charter Communications, and a strategic investment from TKO Group Holdings.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 3:58 pm

DIS

Disney and DirecTV have resolved a two-week blackout, restoring access to Disney's networks, including ESPN and ABC, just as the football season intensifies. The new agreement allows DirecTV customers more flexibility in choosing channel packages and includes options to add Disney's streaming services.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 3:54 pm

IREN

NVDA

IREN plans to expand its AI cloud services to account for 10% of its earnings, driven by strong demand for new-generation GPUs. The company is in discussions with NVIDIA and is part of NVIDIA's Cloud Partner Program, which boosts its confidence in deploying new capacity.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 2:02 pm

AIPI

AMZN

CRWD

LRNZ

NVDA

CrowdStrike, Amazon, and NVIDIA have launched the second annual Cybersecurity Startup Accelerator to support AI and cloud security startups. The program offers funding, technical expertise, and market opportunities. CrowdStrike shares rose 2.04% following the announcement.

Portfolio Pulse from Lekha Gupta

September 16, 2024 | 1:59 pm

REE

REE Automotive shares rise following a partnership with Motherson Group, which will handle sourcing and supply chain management for REE's production parts. Motherson will also invest $45.35 million in REE through a registered direct offering.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 1:30 pm

PSQH

PSQ Holdings has announced that Robert F. Kennedy Jr. will be a speaker at their inaugural Public Square Business Summit in Orlando on October 10-11, 2024. The event will feature influential speakers discussing commerce and politics.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 1:19 pm

CRM

SPT

Sprout Social has launched a new integration with Salesforce's Agentforce assistant for Service Cloud, allowing customers to gather social media insights and enhance customer experiences. This integration will be showcased at Dreamforce 2024.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 1:10 pm

VVPR

VivoPower shares rose following a distribution agreement with Sansure Biotech to distribute Mpox diagnostic tests in Singapore, Hong Kong, and Australia.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 1:06 pm