Streetbeat News

Partnerships

SPIR

Spire Global has secured a $3.83 million contract from NOAA to provide radio occultation data for a year. This is part of a larger IDIQ contract with a $59 million ceiling under NOAA's Commercial Weather Data Program.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 10:44 am

BLK

T

AT&T and Blackrock are planning to expand their Gigapower fiber network beyond the initial 1.5 million locations announced in December 2022. This expansion includes new agreements with four commercial open-access providers to extend AT&T's fiber and 5G services to more areas.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 10:36 am

INTC

Chipsea Technologies has partnered with Intel to launch a new line of edge BMC products, enhancing their technological ecosystem for computing applications.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 10:29 am

PSN

Parsons Corporation has been awarded a $68.5 million contract by the US Army Corps of Engineers for a project in the Marshall Islands. Additionally, Parsons is now eligible for future large projects worth $50 million or more.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 10:27 am

BITF

RIOT

Bitfarms has formed a special committee to engage with Riot Platforms in an effort to resolve an amended requisition. This indicates ongoing discussions between the two companies, potentially impacting their operations and strategies.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 10:20 am

RMTI

Rockwell Medical, Inc. (NASDAQ:RMTI) has secured a significant product purchase agreement with a leading US at-home and acute care dialysis provider. The deal involves supplying their RenalPure® and SteriLyte® products, tailored for both large and small dialysis settings.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 10:02 am

PCRFY

TSLA

Panasonic has completed preparations for mass production of high-capacity 4680 EV batteries at its Wakayama plant, which will serve as a testing site for global processes. This move is crucial for the EV market as demand for efficient batteries grows. Panasonic is a key supplier for Tesla, which faces competition from Chinese automakers.

Portfolio Pulse from Benzinga Neuro

September 09, 2024 | 9:49 am

TSLA

Elon Musk denied reports of a revenue-sharing deal between Tesla and his AI startup xAI. He stated that Tesla has benefited from discussions with xAI engineers but does not need to license xAI's technology. The Wall Street Journal had reported potential licensing and revenue-sharing agreements between the two companies.

Portfolio Pulse from Anan Ashraf

September 09, 2024 | 8:06 am

AAPL

Jim Cramer has identified Apple as the 'most vulnerable' among the Magnificent 7 stocks ahead of the iPhone 16 launch, citing concerns about overvaluation and high expectations from its partnership with OpenAI. The upcoming 'Glowtime' event is highly anticipated, but competition and mixed analyst opinions could impact Apple's stock performance.

Portfolio Pulse from Benzinga Neuro

September 09, 2024 | 7:27 am

TDY

Teledyne FLIR Defense, a division of Teledyne Technologies, has secured a contract worth approximately $21 million to supply advanced surveillance systems to the Japan Maritime Self-Defense Force. The systems, known as Star SAFIRE 380-HLD, offer ultra-long-range performance and laser targeting capabilities.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 6:58 am