Streetbeat News

Partnerships

CIPH

CORZ

IREN

Bitcoin miners like Core Scientific and Iris Energy are adopting a 'mullet strategy' by integrating AI data centers with cryptocurrency mining. This approach aims to leverage existing infrastructure for AI demand. Bernstein analysts highlight the potential and challenges of this hybrid strategy.

Portfolio Pulse from Khyathi Dalal

August 21, 2024 | 8:14 pm

GEVO

SHEL

Gevo, Inc. has entered into a purchase agreement with Shell Global Solutions Deutschland GmbH to supply low-carbon intensity racing fuel blendstock for motorsports. This agreement highlights the blend of sustainability and performance in premium motorsport fuels.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 8:03 pm

SIGA

SIGA Technologies shares rise following a $9 million contract award from the U.S. Department of Defense for the procurement of TPOXX.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 8:02 pm

SIGA

SIGA Technologies, Inc. has secured a $9 million contract with the U.S. Department of Defense for the procurement of TPOXX, marking the third such contract in three years. This deal includes both oral and intravenous forms of TPOXX and is part of ongoing collaboration with the DOD.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 8:01 pm

COSM

VRAX

Cosmos Health Inc. (NASDAQ:COSM) stock is rising due to its continued rights to distribute mpox PCR detection kits in Europe, amid increasing mpox cases. The company has exclusive distribution rights in Greece and Cyprus and non-exclusive rights across Europe. The WHO has declared a public health emergency due to mpox outbreaks.

Portfolio Pulse from Dylan Berman

August 21, 2024 | 7:41 pm

WENA

Anew Medical, Inc. (NASDAQ:WENA) shares experienced volatility after signing a license agreement with Transfertech Sherbrooke for the Nanoject autoinjector. The stock initially soared in premarket trading but later gave back some gains, with trading volume significantly higher than average.

Portfolio Pulse from Erica Kollmann

August 21, 2024 | 7:23 pm

WTO

UTime Ltd (NASDAQ:WTO) shares rose by 12.5% following a collaboration with Dr. Ehud Baron to enhance AI-driven health solutions and expand smart medical wearable products. The focus is on optimizing a blood pressure monitoring watch and developing devices for other health indicators.

Portfolio Pulse from Henry Khederian

August 21, 2024 | 7:11 pm

GOOGL

PTON

Peloton Interactive Inc (NASDAQ:PTON) is set to report its Q4 earnings, with investors focusing on the search for a new CEO, a turnaround plan, and recent partnerships with Lululemon and Alphabet's Fitbit. Analysts expect a revenue of $630.48 million and a loss of 17 cents per share. The company has a history of beating revenue estimates but missing earnings estimates. Key topics include restructuring efforts, cost savings, and the impact of new partnerships on revenue and profitability.

Portfolio Pulse from Chris Katje

August 21, 2024 | 7:03 pm

DWAC

Trump Media & Technology Group shares are rising as President Trump holds his first outdoor rally since an assassination attempt, coinciding with the Democratic National Convention. Additionally, Robert F. Kennedy Jr's campaign is considering a potential alliance with Trump.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 5:29 pm

COSM

Cosmos Health shares rose following the announcement of its continued rights to distribute mpox virus PCR detection kits, with exclusive rights in Greece and Cyprus and non-exclusive rights in Europe.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 4:27 pm