Streetbeat News

Partnerships

ACB

TLRY

Khalifa Kush, a cannabis brand founded by Wiz Khalifa, is set to enter the German medical cannabis market in early 2025 through a partnership with Sanity Group. The brand will introduce two exclusive strains in over 3,000 pharmacies. The German medical marijuana market is projected to reach €1.7 billion by 2025, attracting global companies like Aurora Cannabis and Tilray.

Portfolio Pulse from Nina Zdinjak

August 14, 2024 | 1:30 pm

NVDA

SERV

SHAK

UBER

Serve Robotics Inc (NASDAQ:SERV) shares surged after reporting better-than-expected Q2 revenue and announcing a partnership with Shake Shack Inc (NYSE:SHAK) for delivery via Uber Technologies Inc's (NYSE:UBER) Uber Eats. The company also highlighted significant growth in daily supply hours and active robots, and plans to expand its fleet to 2,000 robots by 2025. Nvidia Corp (NASDAQ:NVDA) holds a 10% stake in Serve Robotics.

Portfolio Pulse from Adam Eckert

August 14, 2024 | 1:28 pm

JAMF

MSFT

Jamf (NASDAQ:JAMF) has signed a five-year agreement with Microsoft to become a Microsoft ISV Partner. Jamf's offerings will be hosted on Microsoft Azure and available on the Azure Marketplace starting in late 2024. This partnership aims to enhance Jamf's Apple device management and security solutions by leveraging Microsoft's cloud and AI-powered technologies.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:16 pm

VECO

Veeco shares are trading higher following the announcement of an agreement with IBM to explore a wet processing system for advanced packaging applications.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:13 pm

UPST

AMOCO Federal Credit Union has partnered with Upstart to offer personal loans to its members. This collaboration aims to leverage Upstart's AI-driven lending platform to enhance loan accessibility and efficiency for AMOCO's 106,000 members.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:07 pm

PPSI

Pioneer Power Solutions, Inc. (NASDAQ:PPSI) has announced a strategic collaboration with SparkCharge, Inc. to integrate Pioneer's e-Boost mobile EV charging solution with SparkCharge's mobile battery energy storage systems. This partnership aims to drive the adoption of mobile EV charging and accelerate technological advancements in the industry.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:07 pm

TRUP

Trupanion has partnered with the CDC and leading pet industry partners, including Boehringer Ingelheim and Mars Science & Diagnostics, to launch a Pet & Public Health Early Warning & Detection System. This collaboration aims to address emerging pet and public health threats, providing early detection benefits globally.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:06 pm

IBM

VECO

Veeco Instruments Inc. (NASDAQ:VECO) and IBM have entered into a joint development agreement to explore advanced packaging applications using Veeco's WaferStorm® Wet Processing System. The system will be installed at the Albany NanoTech Complex, where IBM and other partners are conducting R&D in advanced packaging and chiplet technologies.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:05 pm

SGD

Safe and Green Development Corp (NASDAQ:SGD) has secured a strategic investment from Arena Investors, LP and its affiliates, with an initial funding amount of $1.38M and access to subsequent tranches up to a total of $10.27M. Maxim Group LLC acted as the sole placement agent for the offering.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:03 pm

ZOM

Zomedica Corp. (NYSE:ZOM) has announced a strategic partnership with SIRE Veterinario, S.A. to distribute its veterinary products in Costa Rica. This move aligns with Zomedica's goal to expand into Central and South America. The partnership is expected to support local veterinarians with advanced veterinary equipment and technologies.

Portfolio Pulse from Akanksha Bakshi

August 14, 2024 | 12:57 pm