Streetbeat News

Partnerships

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

HLX

Helix Energy Solutions has secured new three-year vessel charter and service contracts with Petrobras, valued at approximately $786 million. These contracts include options for an additional three years and were awarded after a competitive tender process.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 8:32 pm

ICL

ICL has signed a five-year, $170 million agreement with AMP Holdings Group to distribute specialty water soluble fertilizers in China, enhancing its global expansion strategy.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 8:23 pm

PRZO

ParaZero Technologies Ltd. successfully completed an advanced safety system project for a U.S. based Advanced Air Mobility company, meeting all milestones and achieving customer satisfaction.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 8:16 pm

SKIL

The Mark Cuban Foundation is collaborating with Skillsoft's Codecademy to provide free Codecademy Pro subscriptions to high school students completing AI bootcamps. This initiative aims to expand access to AI and coding education for underserved students.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 8:09 pm

DRS

Leonardo DRS, Inc. has been awarded a $117 million production order for its next-generation thermal weapon sights under the U.S. Army's FWS-I IDIQ contract. This order highlights the strategic importance of DRS's uncooled thermal imaging technology in enhancing battlefield capabilities.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 8:01 pm

CRWD

NVDA

CrowdStrike has enhanced NVIDIA's NIM Agent Blueprints by integrating its AI-native Falcon platform. This collaboration aims to accelerate secure generative AI development, safeguard open-source foundational models, and streamline enterprise AI applications.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 7:43 pm

AFRM

Affirm Holdings Inc (NASDAQ:AFRM) is set to report its Q4 earnings, with analysts expecting revenue of $603.66 million and a loss of 51 cents per share. The company has consistently beaten revenue and earnings estimates in recent quarters. JPMorgan and other analysts have positive ratings on Affirm, citing its partnerships with Shopify, Amazon, and Apple as growth catalysts. Despite a 30% year-to-date decline, analysts see an attractive entry point for the stock.

Portfolio Pulse from Chris Katje

August 27, 2024 | 7:36 pm