Streetbeat News

Partnerships

ACM

AECOM has been awarded a program management services contract by the New York Power Authority, the largest state public power utility in the U.S. This contract could enhance AECOM's revenue and market position.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 10:56 am

AMZN

Amazon India plans to launch a quick commerce service in 2025, aiming to deliver products in under an hour. This move is part of a strategy to compete with local rivals like Flipkart, Zomato's Blinkit, and BigBasket's BB Now. The initiative is led by Nishant Sardana and may involve a potential stake in Swiggy's Instamart.

Portfolio Pulse from Nivedita Hazra

August 28, 2024 | 10:32 am

INFY

Infosys has announced a collaboration with the Stanford University Institute for Human-centered Artificial Intelligence to accelerate AI research initiatives.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 10:27 am

AVGO

MSFT

NVDA

OpenAI's collaboration with Arizona State University (ASU) has resulted in 250 AI projects, integrating AI into education and research. This partnership is part of a broader trend of AI integration, with OpenAI also partnering with Condé Nast and Apple. Microsoft faces EU scrutiny over its investment in OpenAI, and OpenAI is in talks with Broadcom to develop a new AI chip.

Portfolio Pulse from Benzinga Neuro

August 28, 2024 | 9:38 am

AMD

NVDA

Nvidia's CEO Jensen Huang and AMD's CEO Lisa Su, who are close cousins, lead two of the world's top AI chip companies. Huang praised Su's extraordinary career and acknowledged her as a partner in the industry, not a competitor.

Portfolio Pulse from Rounak Jain

August 28, 2024 | 8:10 am

INTU

Intuit has partnered with Education At Work to create new career pathways for college students in tax and accounting. This collaboration aims to provide students with practical experience and skills in these fields.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 5:32 am

MAT

HMD Global and Mattel Inc. have partnered to launch a Barbie-themed flip phone, coinciding with Barbie's 65th anniversary and the success of the Barbie movie. The phone, priced at $129 in the U.S., is designed for basic communication and features a retro design.

Portfolio Pulse from Ananya Gairola

August 28, 2024 | 4:55 am

NSC

Charlotte City Council is considering a $91 million investment in the Red Line commuter train, which includes a $74 million plan to purchase 22 miles of railroad tracks from Norfolk Southern and an additional $17 million for land in Uptown Charlotte for a proposed Gateway Station.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 9:15 pm

AAPL

GM

General Motors has appointed former Apple executive Tim Twerdahl as VP of Product Management for its Software Services Group. This move indicates GM's focus on enhancing its software services, potentially impacting its competitive position in the automotive industry.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 8:41 pm

GVA

Granite has secured a $45 million contract from Caltrans to reconstruct and modernize the John Wilkie Safety Roadside Rest Area along the I-40 corridor. The project is set to begin in September 2024 and complete by January 2026.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 8:39 pm