Streetbeat News

Partnerships

MNTS

Momentus has entered a collaboration agreement with Lodestar Space to integrate a robotic arm onto its Vigoride Orbital Service Vehicle. This partnership aims to enhance the capabilities of Momentus' space infrastructure services.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 12:31 pm

META

NVDA

ORCL

Oracle Corp is gaining momentum in the AI and cloud space, with a 45% revenue increase in its cloud infrastructure unit. Despite being overshadowed by Nvidia and Meta, Oracle's partnerships with major cloud players and AI-driven innovations are attracting investor attention.

Portfolio Pulse from Surbhi Jain

September 13, 2024 | 12:23 pm

ELAN

Elanco anticipates minimal supply disruption in 2024 despite the insolvency of its contract manufacturing partner, TriRx. Elanco is collaborating with administrators to maintain operations and ensure employee payments at the Speke site.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 11:35 am

ELAN

Elanco is working with TriRx administrators to ensure business continuity after TriRx entered a formal insolvency process in the UK.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 11:34 am

DRLL

WEEI

XOM

Exxon Mobil and Mitsubishi have signed an agreement to collaborate on a low-carbon hydrogen and ammonia project at Exxon's Baytown, Texas facility. The project aims to produce significant amounts of low-carbon hydrogen and ammonia by capturing 98% of CO2. A final investment decision is expected in 2025, with operations starting in 2029. This initiative is part of a broader effort to supply low-carbon energy to industries in Japan.

Portfolio Pulse from Lekha Gupta

September 13, 2024 | 11:09 am

GILD

Marengo Therapeutics has entered a collaboration with Gilead Sciences to evaluate a combination therapy involving Marengo's STAR0602 and Gilead's Trodelvy in a Phase I/II clinical study. The study will focus on patients with metastatic TNBC or metastatic HR+/HER2- breast cancer.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 11:06 am

GSIW

Garden Stage's subsidiaries are in advanced discussions with derivative trading units of several investment banks to distribute their derivative products. This could potentially expand Garden Stage's market reach and product offerings.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 9:38 am

JHG

Janus Henderson has partnered with Anemoy and Centrifuge to launch its first tokenized treasury fund. This move marks Janus Henderson's entry into the digital asset space, potentially expanding its product offerings and attracting new investors interested in blockchain technology.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 7:45 am

AAVE

Donald Trump announced the launch of his cryptocurrency venture, World Liberty Financial, on X spaces. The project aims to promote U.S. dollar-pegged stablecoins and has partnered with Aave. Trump's pro-crypto stance may influence future regulations.

Portfolio Pulse from Aniket Verma

September 13, 2024 | 1:35 am