Streetbeat News

Partnerships

BTBT

Bit Digital, Inc. (NASDAQ:BTBT) has signed a binding term sheet with Boosteroid for a high-performance computing project, potentially generating over $700 million in revenue over five years. The initial order is expected to bring in $13 million, with scalability options for up to 50,000 GPU servers.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 8:33 pm

PINC

AllSpire Health Partners has chosen Premier Inc. as its national group purchasing organization (GPO) to manage over $3.5 billion in annual purchasing volume. This partnership aims to enhance operational efficiency and supply chain innovation for AllSpire members.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 8:23 pm

AREC

American Resources plans to spin off ReElement Technologies and American Infrastructure by the end of 2024, focusing on expanding critical mineral refining and securing partnerships.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 8:22 pm

ASNS

Actelis Networks shares rose following the announcement of a strategic partnership with a cybersecurity provider to create an AI-Powered SaaS product as part of their 'Cyber Aware Networking' initiative.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 8:10 pm

ASNS

Actelis Networks has partnered with a cybersecurity provider to create an AI-powered SaaS offering. This software will enhance Actelis' networking devices by monitoring and protecting IoT devices, enabling proactive issue management.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 8:07 pm

UPST

Upstart Holdings, Inc. (NASDAQ:UPST) shares are trading higher due to increased bullish options activity and a new partnership with AMOCO Federal Credit Union. The partnership aims to expand Upstart's reach by providing personal loans through its AI-driven platform.

Portfolio Pulse from Vaishali Prayag

August 19, 2024 | 8:07 pm

KSCP

Knightscope shares rose following the announcement of two new contracts for its emergency communication devices.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 7:23 pm

HE

Hawaiian Electric Company has extended its petroleum fuels supply agreement through January 31, 2029, with automatic one-year extensions starting February 1, 2029.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 7:09 pm

LMT

RTX

The U.S. has approved a potential $100 million sale of Javelin missiles to Australia, as announced by the Pentagon. This deal may involve companies like Lockheed Martin and Raytheon Technologies, which are key players in the production of these missiles.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 7:07 pm

ALZN

CING

LQDA

SOND

TOVX

ZIM

U.S. stocks rose with the Nasdaq gaining 150 points. ZIM Integrated Shipping Services reported strong Q2 results, boosting its stock. Alzamend Neuro surged 474% after announcing a partnership for a PTSD study. Sonder Holdings rose 98% following a licensing deal with Marriott and securing $146M in liquidity. Liquidia Corporation fell 29% after FDA's tentative approval of YUTREPIA. Theriva Biologics and Cingulate Inc. also saw significant declines.

Portfolio Pulse from Avi Kapoor

August 19, 2024 | 6:37 pm