Streetbeat News

Partnerships

PYPL

PayPal's partnership with Adyen has led to the launch of Fastlane, a service that simplifies guest checkouts and has significantly improved PayPal's checkout conversion rates. This has contributed to a 42% recovery in PayPal's stock from recent lows.

Portfolio Pulse from Zaheer Anwari

August 27, 2024 | 1:38 pm

ETRGF

Entourage Health Corp. reported a nearly 9% YoY drop in Q2 revenue, with a net loss of CA$10.3 million. Despite the decline, the company is optimistic about future opportunities, focusing on expanding distribution and strategic partnerships.

Portfolio Pulse from Jelena Martinovic

August 27, 2024 | 1:37 pm

CHH

Choice Hotels International, Inc. (NYSE:CHH) has awarded its first contract under the reintroduced SOAR program, aimed at supporting hotel ownership for underrepresented entrepreneurs. The contract involves converting two hotels in Georgia to the Suburban Studios brand.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 1:33 pm

CHPT

PBW

SIMS

ChargePoint Holdings, Inc. (NYSE:CHPT) has partnered with Daimler Buses to integrate its telematics and charge management systems with Mercedes-Benz and Setra brand buses. This collaboration aims to optimize fleet operations and provide fleet managers with comprehensive tools for monitoring and reporting. ChargePoint is also expanding its EV charging solutions through partnerships with major automakers like Porsche. Investors can gain exposure to ChargePoint via SPDR S&P Kensho Intelligent Structures ETF (NYSE:SIMS) and Invesco WilderHill Clean Energy ETF (NYSE:PBW).

Portfolio Pulse from Lekha Gupta

August 27, 2024 | 1:26 pm

NITO

N2OFF, Inc. (NASDAQ:NITO) announced that its joint venture with Solterra Renewable Energy has secured approval for its first solar PV project to connect to the power grid in Germany. The project, located in Melz, will have a capacity of 111 MWp.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 1:17 pm

AMZN

Travis and Jason Kelce have signed a three-year deal with Amazon's Wondery for their podcast *New Heights*. The deal covers global distribution, ad sales, and the back catalog, potentially impacting Amazon's media presence.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 1:14 pm

GRUSF

Grown Rogue International Inc. reported record Q2 2024 revenue and adjusted EBITDA, driven by growth in New Jersey and Illinois. The company saw a 23% revenue increase to $7.7 million and a 21% improvement in adjusted EBITDA to $2.5 million. Despite a net loss of $7.6 million, Grown Rogue is expanding in New Jersey and Illinois, with sales expected in New Jersey by Q4 2024 and Illinois by the second half of 2025.

Portfolio Pulse from Jelena Martinovic

August 27, 2024 | 1:09 pm

PITA

Heramba Electric's subsidiary, Kiepe Electric, has secured a $26 million contract with King County Metro in Seattle for battery upgrades on electric trolley buses. This adds to $75 million in North American orders for the year, including a recent contract with the Chicago Transit Authority.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 1:05 pm

GGR

Gogoro shares are rising following the announcement of the commercial availability of its battery swapping and Smartscooters in the Kathmandu Valley, in partnership with Nebula Energy.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 1:04 pm

NVDA

NVIDIA has launched NIM Agent Blueprints, a catalog of customizable AI workflows, to help enterprises deploy generative AI applications. This initiative involves partnerships with major companies like Accenture, Cisco, and Dell Technologies.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 1:03 pm