Streetbeat News

Partnerships

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

MDXXF

TRUFF

PharmAla Biotech has partnered with Johns Hopkins University to supply MDMA for clinical trials, marking a significant milestone for the company. They have also terminated their contract with Red Light Holland, indicating a strategic shift. Additionally, PharmAla will present research on their proprietary molecule APA-01 at an upcoming workshop.

Portfolio Pulse from Juan Spínelli

September 11, 2024 | 5:08 pm

AMZN

ORCL

Oracle Corporation's stock surged over 11% after surpassing earnings expectations and announcing a partnership with Amazon Web Services. The company reported growth in operating income and earnings per share, with Cloud Services becoming its largest business. Oracle also introduced new AI capabilities at its CloudWorld event. Investors should consider macroeconomic factors and Oracle's performance relative to peers when evaluating the stock.

Portfolio Pulse from Erica Kollmann

September 11, 2024 | 4:57 pm

MULN

Mullen Automotive's stock is up 16% following the announcement that its unit, Bollinger Motors, has appointed Affinity Truck Center as an official dealer. This move strengthens Bollinger's presence in California's Central Valley and is part of a series of strategic milestones, including new partnerships and sales agreements.

Portfolio Pulse from Nabaparna Bhattacharya

September 11, 2024 | 4:24 pm

BA

RTX

RTX CEO announced that the company will have significant capacity beyond the current production rates for Boeing. This suggests potential growth and expansion opportunities for RTX in the aerospace sector.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 3:58 pm

BA

RTX

RTX CEO reports ongoing improvements in the supply chain and emphasizes the need for vigilance. The company is focusing on next-gen hybrid propulsion for smaller aircraft and collaborating with Boeing on future production rates.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 3:56 pm

TIL

ImmuneOnco Biopharmaceuticals has received a $5M payment from Instil Bio's SynBioTx, totaling $15M under their agreement, with potential future payments up to $35M.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 3:48 pm

IONQ

The University of Maryland and IonQ have signed a $9 million agreement to expand their partnership, enhancing quantum computing access at the National Quantum Lab at Maryland. This move strengthens Maryland's leadership in quantum computing.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 3:09 pm