Streetbeat News

Partnerships

AMZN

WMT

Amazon is expanding its grocery sector reach by partnering with Mexican grocery delivery startup Jüsto, aiming to enhance its food and essentials offerings. Despite this move, Walmart continues to hold an edge in delivery services.

Portfolio Pulse from

November 08, 2024 | 9:15 am

SAP

Numisma Bank has commenced operations using SAP Fioneer Cloud for Banking technology. It is the first bank to receive a State of Connecticut Innovation Banking Charter, a Federal Reserve Master Account, and FedCash Services.

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November 08, 2024 | 6:45 am

CLPMF

Clip Money Inc. has entered into an advisory services agreement with Oak Hill Financial Inc. to enhance its investor relations services.

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November 08, 2024 | 4:15 am

AMZN

Amazon is reportedly negotiating a second multibillion-dollar investment in AI startup Anthropic, similar to its initial $4 billion deal earlier this year.

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November 08, 2024 | 3:00 am

AXP

American Express has partnered with MX Technologies to enhance financial management capabilities for its users. This partnership will allow American Express customers to connect their accounts with third-party financial institutions and FinTech apps through MX's API-powered data access.

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November 08, 2024 | 3:00 am

BLDE

Blade Air Mobility has been given a 'Buy' rating due to its unique business model and undervaluation. The company's medical segment, especially organ transportation, is a key growth driver. Blade's strong balance sheet and potential for international expansion, along with restructuring in the passenger segment and a shift to electric aircraft, are expected to enhance margins and growth.

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November 08, 2024 | 2:30 am

FFIE

Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) has announced a non-binding Memorandum of Understanding with JC Sportline to enhance the FF 91 2.0 model. This collaboration aims to explore future partnerships leveraging both brands' strengths.

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November 08, 2024 | 1:30 am

PFRRF

PetroFrontier Corp. has finalized a $15.1 million funding agreement with DeerGarden Resources Ltd. to enhance development in the Cold Lake area of Alberta.

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November 08, 2024 | 12:45 am

RIVN

LG Energy Solution has entered into a five-year agreement to supply 67GWh of next-generation 4695 cylindrical batteries to Rivian. These batteries will be produced in the U.S. and will power Rivian's R2 model for the North American market.

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November 08, 2024 | 12:15 am

NEE

NextEra Energy (NEE) has shown strong performance this quarter with significant growth and resilience amidst challenges. The company secured new agreements with major companies and demonstrated effective management during hurricanes, highlighting its robust business fundamentals in Florida.

Portfolio Pulse from

November 08, 2024 | 12:00 am