Streetbeat News

Partnerships

AMZN

SUMO

Sumo Logic has entered into a strategic collaboration agreement with Amazon Web Services (AWS) to enhance its AI-powered log analytics solutions for development, security, and operations teams.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 1:25 pm

AAPL

Apple plans to enhance the optical zoom function in future iPhones to remain competitive. The company will collaborate with Largan Precision and Genius Electronic Optical for advanced lens solutions, flash, and Lidar scanner technology.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 1:20 pm

SOUN

SoundHound AI has announced that MUSC Health is deploying an AI agent named 'Emily' to improve patient access. This solution uses the Amelia Patient Engagement Solution integrated with Epic for better appointment management.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 1:04 pm

AAPL

BIDU

ITOT

VIG

IDC forecasts a 5.8% increase in global smartphone shipments in 2024, with Apple poised to benefit from GenAI and the iPhone 16. Despite Android's faster growth, Apple's local AI partnerships in China and premiumization trends are expected to drive its market share. Apple stock has gained 27% in the last year, with analysts predicting further upside.

Portfolio Pulse from Anusuya Lahiri

August 28, 2024 | 1:04 pm

ACIU

Life Molecular Imaging, a partner of AC Immune, has received FDA Fast Track Designation for its PI-2620 Tau-PET diagnostic tool, which is used in three neurodegenerative conditions. This development could potentially accelerate the approval process and enhance the marketability of the diagnostic tool.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 1:03 pm

ACN

Accenture Federal Services has secured a $75 million contract to enhance the use of AI in modernizing patent examinations at the USPTO.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 1:01 pm

SPRC

SciSparc Ltd. has granted Polyrizon Ltd. global rights to its SCI-160 pain therapy program in a deal worth up to $6 million. SciSparc will receive $3 million in Polyrizon securities and potential milestone fees of $3 million in cash.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 1:00 pm

FXI

SPY

U.S. National Security Adviser Jake Sullivan and Chinese officials have discussed the importance of military-to-military communications, planning a 'theater commander telephone call' soon. This development could ease tensions and improve diplomatic relations between the U.S. and China.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 12:45 pm

FXI

White House National Security Adviser and Chinese officials engaged in candid and constructive discussions on various bilateral, regional, and global issues, as reported by Reuters citing a White House statement.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 12:42 pm

MMV

MultiMetaVerse Holdings has formed a joint venture with Zhenghe Holding called GOLD ABC Digital Technology. The venture focuses on asset appreciation using AI algorithms. GOLD ABC has borrowed 500 Bitcoins at $60,000 each for secondary market trades and plans to invest in gold over the next three months.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 12:41 pm