Streetbeat News

Partnerships

CVX

DRLL

XLE

Chevron Corporation is advancing its green shipping initiatives by collaborating with Mitsui O.S.K. Lines to install a wind-assisted propulsion system on a new LNG carrier. This marks the first LNG carrier to use such technology, aligning with Chevron's carbon reduction goals. The vessel is set for delivery in 2026.

Portfolio Pulse from Lekha Gupta

September 13, 2024 | 4:59 pm

XXII

22nd Century Group, Inc. (NASDAQ:XXII) shares surged after CEO Lawrence Firestone bought 39,000 shares, and the company announced a $1.2 million agreement with North Carolina State University to fund intellectual property and research. The stock saw heavy trading volume, with shares up 53% to 41 cents.

Portfolio Pulse from Erica Kollmann

September 13, 2024 | 4:50 pm

CHTR

WBD

Warner Bros. Discovery (WBD) and Charter Communications (CHTR) stocks are rising following a new multi-year partnership. This deal includes the premium version of Max in Charter's Spectrum TV Select packages, enhancing the value of Spectrum's offerings.

Portfolio Pulse from Dylan Berman

September 13, 2024 | 4:46 pm

BGLC

BioNexus Gene Lab Corp. has signed a strategic outsourcing agreement with VITARRAY Global to provide mRNA dynamic gene detection services in Southeast Asia. This collaboration aims to enhance molecular diagnostics and early disease detection in the region.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 4:06 pm

BMR

NVDA

BEAMR announced a demonstration of 4K p60 live streaming technology that reduces resource load by 30%-50% without sacrificing quality. This demo will be showcased at IBC 2024 in collaboration with NVIDIA Holoscan for Media.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 3:33 pm

CHTR

WBD

Warner Bros. Discovery and Charter Communications shares are rising following the announcement of a multi-year partnership to integrate linear video and streaming services, enhancing video bundle flexibility and value.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 3:15 pm

BUYZ

IYT

UBER

Uber's stock surged as the company announced an expanded partnership with Waymo to introduce autonomous ride-hailing in Austin and Atlanta by 2025. Uber will manage Waymo's fleet of autonomous vehicles, enhancing its service offerings. The stock has gained over 41% in the past year.

Portfolio Pulse from Nabaparna Bhattacharya

September 13, 2024 | 2:51 pm

MSFT

Tiger Global is planning to participate in OpenAI's upcoming funding round. This move could have implications for Microsoft (MSFT), which has a significant partnership with OpenAI.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 2:42 pm

TM

Toyota Chairman Akio Toyoda is set to visit Hyundai in South Korea for a strategic meeting, potentially leading to a new EV partnership. The meeting will explore collaboration on EVs, hybrids, hydrogen vehicles, and other emerging technologies.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 2:41 pm

ATPC

Agape ATP Corporation (NASDAQ:ATPC) shares surged 84.1% after announcing a strategic collaboration with Xiamen Photons Solar Technology to develop solar photovoltaic mounting systems in Malaysia and ASEAN countries. This partnership aligns with ASEAN's renewable energy goals.

Portfolio Pulse from Nabaparna Bhattacharya

September 13, 2024 | 2:33 pm