Streetbeat News

Partnerships

TMUS

SpaceX CEO Elon Musk announced that T-Mobile US Inc. (NASDAQ:TMUS) will be the first to offer Starlink satellite internet directly to mobile phones in the U.S. for the first year, with other carriers to follow. This partnership aims to eliminate dead zones in the U.S. by connecting T-Mobile's network to Starlink satellites.

Portfolio Pulse from Anan Ashraf

September 02, 2024 | 9:51 am

DIS

T

Disney and DirecTV have failed to reach a distribution agreement, resulting in a blackout for over 11 million DirecTV subscribers. This comes just before the NFL season and a presidential debate, affecting access to ESPN, ABC, and other Disney networks. DirecTV sought to offer smaller, cheaper packages, but Disney resisted, aiming for maximum profits.

Portfolio Pulse from Ananya Gairola

September 02, 2024 | 12:56 am

AAPL

GOOGL

META

MSFT

Gene Munster from Deepwater Asset Management predicts that Apple will rely on OpenAI, Google, and Meta for AI features, rather than developing its own large language model. This strategy could lead to innovative products like AirPods with cameras, competing with Meta and Google's smart glasses. Apple's potential investment in OpenAI is part of a fundraising round valuing the AI company at over $100 billion.

Portfolio Pulse from Ananya Gairola

August 31, 2024 | 8:42 am

TSLA

WBD

Tesla is planning to unveil its robotaxi at Warner Bros. Discovery's studio in Burbank, California. The event, initially set for August, was postponed to October 10 to allow for improvements and additional showcases. Tesla aims to transition from an EV manufacturer to an AI and robotics company, focusing on autonomous driving technology.

Portfolio Pulse from Anan Ashraf

August 31, 2024 | 2:28 am

APTO

Aptose Biosciences has secured a $10 million loan from Hanmi Pharmaceutical to support the development of its AML treatment, tuspetinib. The companies are also negotiating a new co-development agreement to further accelerate the drug's clinical development.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 8:31 pm

CSX

CSX has reached new 5-year tentative collective bargaining agreements with the International Brotherhood of Boilermakers and the Transportation Communications Union. This development is significant for labor stability and operational continuity.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 8:29 pm

ZBAO

Zhibao Technology shares rise as the company secures a contract to provide high-end medical third party administration services to the People's Insurance Company of China Limited.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 8:26 pm

RACE

Ferrari and Santander will end their partnership on December 31, 2024, as their three-year contract concludes.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 8:19 pm

STKH

Steakholder Foods is focusing on securing additional commercial deals, expanding market reach, and launching new product applications. The company anticipates modest revenue generation starting late 2024 or early 2025, with accelerated growth in 2025 from printers and plant-based premixes.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 8:19 pm

ZBAO

Zhibao Technology Inc. (NASDAQ:ZBAO) has won a tender to provide high-end medical third party administration services to the People's Insurance Company of China Limited (PICC Group). This contract, valued at CNY 28 million over three years, designates Zhibao as one of four exclusive vendors for PICC Group subsidiaries. The deal enhances Zhibao's access to PICC's extensive network, benefiting its Managing General Underwriting business and strengthening its digital insurance brokerage operations.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 8:07 pm