Streetbeat News

Partnerships

LUNR

Intuitive Machines has been awarded a $116.9 million contract by NASA to deliver six science and technology payloads to the Moon. This contract is part of NASA's Commercial Lunar Payload Services initiative.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 8:23 pm

RZLV

Rezolve AI shares rose following the announcement of a partnership with ChatWerk to enhance eCommerce customer engagement via popular social media platforms.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 7:36 pm

PYPL

PayPal Holdings shares are trading higher following the announcement of an expanded global strategic partnership with Fiserv.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 7:29 pm

BLIN

Bridgeline Digital's AI-powered HawkSearch has been selected by a national automotive parts retailer to enhance eCommerce product discovery. This aims to boost sales and personalize the shopping experience for truck drivers.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 7:17 pm

LMT

RTX

The U.S. Army has awarded a $1.3 billion contract to the Javelin Joint Venture, a partnership between RTX and Lockheed Martin, for the production of Javelin anti-tank missiles.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 7:11 pm

NVDA

NVIDIA has been in talks to participate in a funding round for OpenAI, as reported by Bloomberg. This move could strengthen NVIDIA's position in the AI sector, potentially impacting its stock positively.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 7:01 pm

BYU

BAIYU Holdings shares rose following the announcement of a $60 million electric lithium battery contract with Feng's Auto Parts.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 6:42 pm

JOBY

Joby Aviation shares rose following rumors of a partnership with Virgin Atlantic to provide premium air-taxi services.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 6:33 pm

AZUL

Azul is facing challenges due to the devaluation of the Brazilian Real, capacity reductions from floods, and supply chain issues in 2024. The company is negotiating to optimize its equity structure for better profitability and liquidity, exploring cash-raising options with Azul Cargo, and considering potential partnerships or business combinations with Abra.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 6:19 pm

MULN

Mullen Automotive's stock is trading lower after announcing that its subsidiary, Bollinger Motors, has partnered with TEC Equipment to expand its commercial EV dealer network in the Western US. Despite recent milestones, including vehicle sales and EPA certification, MULN shares fell by 7.39%.

Portfolio Pulse from Nabaparna Bhattacharya

August 29, 2024 | 5:57 pm