Streetbeat News

Partnerships

MULN

Mullen Automotive's stock surged after securing a $200 million purchase agreement with UAE's Volt Mobility for 3,000 EV cargo vans and trucks. The deal is expected to generate $210 million in revenue over 16 months, with initial payments starting soon. Mullen's production facility in Mississippi will handle the order.

Portfolio Pulse from Lekha Gupta

August 26, 2024 | 3:45 pm

EWW

SPY

Mexican President asserts that there is no rational reason for a disruption in trade integration with the United States, indicating stability in economic relations between the two countries.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 3:23 pm

XRX

Xerox and HCLTech have extended their strategic partnership to enhance AI-driven engineering services and digital process operations. This collaboration aims to support Xerox's reinvention for sustainable growth by leveraging HCLTech's AI platform and services.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 3:11 pm

CI

COR

Traders are circulating unconfirmed analyst comments suggesting that Cencora may have lost its partnership with Cigna to distribute branded Humira. This could impact Cencora's business operations and revenue streams.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 3:00 pm

TCJH

Top KingWin's shares are rising following the establishment of a new subsidiary, Shenzhen Tomorrow Innovation, aimed at developing advanced AI hardware supply chains and intelligent systems.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 2:56 pm

MULN

Mullen Automotive's stock is rising following a $210 million purchase agreement with UAE's Volt Mobility for 3,000 EV cargo vans and trucks.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 2:52 pm

TNXP

Tonix Pharmaceuticals (NASDAQ:TNXP) has partnered with Bilthoven Biologicals, part of the Cyrus Poonawalla Group, to advance its mpox vaccine candidate, TNX-801. The vaccine has shown promising preclinical results in providing immune protection against mpox and smallpox. This collaboration could enhance Tonix's position in the vaccine market.

Portfolio Pulse from Vandana Singh

August 26, 2024 | 2:41 pm

LYFT

Lyft and Bird have partnered to integrate Bird scooter rentals into the Lyft app, now available in over 25 US cities. This move enhances Lyft's transportation offerings and provides a seamless rental experience for users.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 1:58 pm

GRNQ

GreenX is set to sign a Memorandum of Understanding (MOU) with Sharia Digital Technologies and PT Digital Syariah Teknologi on August 27, 2024, in Dubai. This partnership aims to expand a Shariah-compliant digital asset exchange globally.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 1:48 pm

DSX

Diana Shipping Inc. (NYSE:DSX) has entered into a time charter contract with NYK Line for its Capesize vessel, m/v G. P. Zafirakis, at a rate of $26,800 per day. This contract is expected to generate approximately $18.49 million in gross revenue over a minimum period of 23 months.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 1:39 pm