Streetbeat News

Partnerships

GM

Ultium Cells, a joint venture between General Motors and LG Energy Solution, has agreed to union recognition at its Tennessee battery plant. This move follows a similar unionization at its Ohio plant, where workers secured a significant pay increase. The unionization is part of a broader UAW effort to organize non-union automakers and battery workers in the U.S.

Portfolio Pulse from Anan Ashraf

September 05, 2024 | 9:21 am

NVDA

VLVLY

Volvo Cars has expanded its partnership with Nvidia to enhance AI and autonomous driving capabilities. The new Volvo EX90 will feature Nvidia's DRIVE Orin system, and future models will use DRIVE Thor, significantly boosting performance. Volvo will also use Nvidia's DGX systems for AI model training.

Portfolio Pulse from Benzinga Neuro

September 05, 2024 | 8:33 am

ACN

UL

Unilever and Accenture have announced a multi-year partnership to enhance productivity using Accenture's GenWizard platform, which is powered by generative AI. This collaboration aims to accelerate Unilever's technology and digital product development.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 7:43 am

STT

State Street has been selected by Challenger to manage custody and investment administration for a multi-billion-dollar portfolio. This partnership highlights State Street's capabilities and strengthens its position as a leading provider in the region.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 7:11 am

NVDA

VLVCY

Volvo Cars and NVIDIA have announced an expanded collaboration, introducing NVIDIA's DRIVE Thor and AI supercomputing capabilities. This partnership aims to enhance Volvo's AI training capabilities, making their data center one of the largest in the Nordics.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 6:08 am

AAVEUSD

UNIUSD

DeFi tokens Aave and Uniswap saw significant gains due to positive developments. Aave surged over 7% following a collaboration announcement with World Liberty Financial, while Uniswap rose over 4% after settling with the CFTC.

Portfolio Pulse from Aniket Verma

September 05, 2024 | 5:22 am

AAVE

World Liberty Financial, a cryptocurrency project associated with Donald Trump, aims to promote the mass adoption of dollar-pegged stablecoins to maintain U.S. financial dominance. The project has partnered with Aave, a leading DeFi platform, to enhance its offerings. Aave's token saw a price increase following the announcement.

Portfolio Pulse from Aniket Verma

September 05, 2024 | 3:00 am

LSPD

Lightspeed has entered an exclusive partnership with Le Fou Fou, a European-style food hall. This collaboration aims to enhance the dining experience by integrating Lightspeed's technology solutions.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 9:17 pm

GD

General Dynamics has secured a $491.6 million contract from the Space Development Agency to develop a ground system for PWSA and perform enterprise integration for the T2 constellation. The contract involves collaboration with Iridium for various services.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 9:14 pm

SOAR

Volato Group's shares are rising following a strategic agreement to transition its fleet management to flyExclusive.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 8:50 pm