Streetbeat News

Partnerships

PYPL

Tether has appointed Jesse Spiro, a former PayPal executive, as its new Head of Government Affairs amid ongoing regulatory scrutiny. Spiro's experience in regulatory relations is expected to help Tether navigate the challenges it faces in the US. Despite financial success, Tether's operations and reserve backing continue to be questioned.

Portfolio Pulse from Murtuza Merchant

September 13, 2024 | 6:06 pm

BGLC

BioNexus Gene Lab shares rose following an outsourcing agreement with VITARRAY Global to provide mRNA dynamic gene detection services in Southeast Asia.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 5:55 pm

BZFD

NFLX

Netflix is in discussions to add the popular show 'Hot Ones' to its live TV offerings, aiming to strengthen its content lineup. This move could enhance Netflix's competitive edge in the streaming market.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 5:33 pm

WKHS

Workhorse Group shares are trading higher after announcing participation in the FedEx Service Provider Summit to showcase its W56 electric vehicle. FedEx has also placed an order for 15 W56 step vans as part of its carbon neutrality goals.

Portfolio Pulse from Dylan Berman

September 13, 2024 | 5:28 pm

ADBE

BA

GDX

GLD

GRMN

UAL

WBD

Wall Street is experiencing a positive session with all sectors of the S&P 500 index trading in the green, driven by expectations of a Federal Reserve rate cut. Small-cap stocks are outperforming, and precious metals are rallying. Adobe and Boeing face declines due to revenue guidance and labor strikes, respectively, while United Airlines and Warner Bros Discovery see gains from strategic partnerships.

Portfolio Pulse from Piero Cingari

September 13, 2024 | 5:18 pm

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