Streetbeat News

Partnerships

BLK

Mantra, a Layer 1 blockchain, aims to bring real-world assets (RWAs) on-chain, potentially reaching a $2 trillion market by 2030. The company is focusing on tokenizing assets like real estate and commodities, enhancing liquidity and accessibility. Mantra is forming strategic partnerships, including with Nomura's Laser Digital and Ondo Finance, to advance its ecosystem.

Portfolio Pulse from Justin Roberti

August 20, 2024 | 2:21 pm

WB

YALA

Yalla Group Ltd. (NYSE:YALA) is expanding its gaming presence by hosting major events and developing mid- and hardcore games to drive future growth. Despite slower revenue growth, Yalla maintains strong profit margins through cost control. The company aims to leverage its Middle Eastern base and partnerships to capture the serious gaming market.

Portfolio Pulse from The Bamboo Works

August 20, 2024 | 2:10 pm

SIRI

SiriusXM has signed a multi-year agreement with Alex Cooper, securing exclusive rights to the 'Call Her Daddy' podcast and Unwell Network's shows. New content is set to debut in 2025.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 2:04 pm

CWI

NXPI

TSM

XNTK

Taiwan Semiconductor Manufacturing Co (TSM) is expanding to Europe with a new $11 billion chip plant in Germany, in partnership with Infineon, NXP Semiconductors, and Bosch. The plant, part of the European Semiconductor Manufacturing Company (ESMC), is expected to start operations by late 2027. TSM is also addressing challenges like geopolitical tensions and resource constraints as it expands globally.

Portfolio Pulse from Anusuya Lahiri

August 20, 2024 | 1:54 pm

LAES

SEALSQ Corp (NASDAQ:LAES) is strengthening its position in the Autonomous Aerial Vehicles market through key partnerships with major drone manufacturers. Their semiconductors, compliant with NIST FIPS 140-2 and 140-3, are being adopted for secure data transmission and cyber threat protection.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 1:32 pm

INFA

LUMN

Informatica announced that Lumen Technologies has modernized their on-premises PowerCenter workloads to Informatica's Intelligent Data Management Cloud platform, improving data management and reducing costs.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 1:09 pm

SONY

Chinese domestic foundries and backend support are helping CMOS image sensor (CIS) firms gain market share, reducing reliance on Sony.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 1:09 pm

AFRM

Affirm has been announced as a payment partner for Hotels.com, allowing customers to use Affirm's services for booking accommodations. This partnership could enhance Affirm's market presence in the travel sector.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 1:06 pm

META

Arevon and Meta have announced a long-term contract for the Heirloom Solar Project in Indiana, marking their third utility-scale renewable energy project together. The project will add over 400 megawatts of clean energy capacity. Financial terms were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 1:03 pm

ETN

Eaton has secured a contract to assist Dallas Fort Worth International Airport in building an electric Central Utility Plant, contributing equipment valued at nearly $10 million. This project supports the airport's net zero carbon emissions goal by 2030, with installation expected in spring 2025.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 1:02 pm