Streetbeat News

Partnerships

NITO

N2OFF and Solterra have announced a potential 10% increase in capacity for their solar PV joint venture project after receiving approval for grid connection. They are also exploring options to enhance efficiency and profitability.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 8:08 pm

FTCI

FTC Solar's shares rise as the company is chosen by Strata Clean Energy to supply 500 megawatts of Voyager 2P solar tracker technology for U.S. projects, becoming the preferred supplier for three years.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 7:54 pm

TU

Telus has formed a strategic partnership with Mila Quebec AI Institute to advance AI development, focusing on societal benefits and industry impacts for Canadian customers.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 7:01 pm

HITI

High Tide Inc., Canada's largest cannabis retailer, has partnered with Positive Intent Events to expand its cannabis offerings to events, following Alberta's decision to allow cannabis pop-up stores at adult-only festivals. This joint venture aims to leverage High Tide's market share and innovative discount club model in the nascent cannabis hospitality sector.

Portfolio Pulse from Nina Zdinjak

September 11, 2024 | 6:31 pm

NVDA

TSM

Nvidia CEO Jensen Huang acknowledges rising tensions among customers due to high demand and limited supply of Blackwell chips. Nvidia relies on TSMC for production but may consider alternatives if geopolitical tensions escalate.

Portfolio Pulse from Erica Kollmann

September 11, 2024 | 6:28 pm

AMD

AMZN

IVV

NVDA

ORCL

VTI

AMD is gaining traction in the AI chip market, with Oracle acknowledging its progress. AMD is shifting focus from premium gaming GPUs to mainstream and mid-range GPUs, and has hired Nvidia's Keith Strier to lead its AI vision. Analysts see opportunities for AMD and Nvidia due to partnerships like Oracle and Amazon's. AMD's data center GPU revenue is projected to grow by $5 billion this fiscal year.

Portfolio Pulse from Anusuya Lahiri

September 11, 2024 | 6:26 pm

NNE

Nano Nuclear Energy Inc. (NASDAQ:NNE) shares surged after announcing a partnership with GNS to develop a transportation system for HALEU nuclear fuel. This agreement aims to enhance safety and efficiency in nuclear fuel transport, aligning with regulatory standards. Additionally, NNE will be included in the Russell 3000 Index.

Portfolio Pulse from Nabaparna Bhattacharya

September 11, 2024 | 6:18 pm

BBIO

BridgeBio Pharma released results from its Phase 1/2 study of BBP-631, a gene therapy for congenital adrenal hyperplasia (CAH). The study showed promising results in hormone production and safety, but BridgeBio seeks a partner for further development. BBIO stock fell 3.07% following the news.

Portfolio Pulse from Vandana Singh

September 11, 2024 | 5:44 pm

RIG

Transocean's shares are rising following a $232 million contract with BP for the Deepwater Atlas in the U.S. Gulf of Mexico.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 5:08 pm