Streetbeat News

Partnerships

SIRI

Sirius XM Holdings Inc. shares rose after announcing a multi-year agreement with Alex Cooper for exclusive rights to her podcast 'Call Her Daddy' and other shows. The deal includes global ad sales rights and new content debuting in 2025, potentially boosting listeners and advertisers.

Portfolio Pulse from Vaishali Prayag

August 20, 2024 | 7:48 pm

WBD

Warner Bros. Discovery has announced a partnership with UNLV and Birtcher Development to establish a new studio in Nevada, committing to a minimum production spend of $8.5 billion.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 7:16 pm

RDY

Dr. Reddy's Laboratories, Aurigene Pharmaceutical Services, and Kainomyx have signed a non-binding MoU to jointly develop an affordable anti-malarial drug. This partnership combines Kainomyx's drug discovery expertise, Aurigene's drug development capabilities, and Dr. Reddy's commercialization strength, aiming to address malaria in low- and middle-income countries, as well as the US and Europe.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 6:43 pm

SONY

SPOT

Spotify has reported a 395% increase in anime music streams since 2021 and has partnered with Crunchyroll to enhance its Anime hub. This collaboration aims to capitalize on the growing interest in anime music, with Crunchyroll providing curated playlists and a podcast. The anime industry is experiencing significant growth, both globally and in Japan.

Portfolio Pulse from Franca Quarneti

August 20, 2024 | 6:32 pm

TM

TSLA

Toyota plans to test a Tesla-style EV gigacasting machine at its Japan plant this year, with the Lexus LF-ZC EV launch in 2026. The machine will deliver 9,000 tonnes of clamping pressure.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 6:31 pm

TLS

Telos Corporation (NASDAQ:TLS) shares surged after securing a $12.5 billion contract for modernizing Air Force network infrastructure. This contract, part of a competitive process, positions Telos in a $24.5 billion market, boosting its stock by 17.8%.

Portfolio Pulse from Nabaparna Bhattacharya

August 20, 2024 | 6:29 pm

GS

IAI

KBWB

Goldman Sachs shares are trading lower as the bank hires Matt Beitzel, a veteran investment banker, to lead its financial institutions group. The bank has also made several senior leadership appointments and agreed to sell Ireland's largest shopping mall. Investors can gain exposure to Goldman Sachs through ETFs like IAI and KBWB.

Portfolio Pulse from Lekha Gupta

August 20, 2024 | 6:21 pm

MSFT

OpenAI has partnered with Condé Nast to feature content from brands like Vogue, The New Yorker, and GQ in its ChatGPT and SearchGPT prototype. This collaboration aims to test new search features for faster, intuitive information access with direct links to news stories, and plans to integrate these enhancements into ChatGPT.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 6:10 pm

BUYZ

IYT

TSLA

UBER

Uber has hired former Tesla executive Rebecca Tinucci to lead its transition to electric vehicles as the global head of sustainability. Tinucci, who previously managed Tesla's Supercharging team, will start on September 16. Uber aims for zero-emission rides by 2040. The news comes as Uber's stock has gained over 64% in the past year.

Portfolio Pulse from Nabaparna Bhattacharya

August 20, 2024 | 6:10 pm

BTBT

Bit Digital (NASDAQ:BTBT) shares rose after the company reported better-than-expected Q2 revenue of $29 million, driven by high-performance computing services and higher Bitcoin prices. A new agreement with Boosteroid, Inc. could generate significant future revenue.

Portfolio Pulse from Erica Kollmann

August 20, 2024 | 6:09 pm