Streetbeat News

Partnerships

DASH

WBD

Warner Bros. Discovery's Max streaming service is now included with DoorDash's DashPass Annual Plan at no additional cost, providing a $240 annual value for $96/year. This partnership offers DashPass members access to Max's extensive content library.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 1:06 pm

AIFF

Firefly Neuroscience CEO Jon Olsen issued a letter to stockholders highlighting the company's strategic objectives, including the commercialization of their FDA-cleared Brain Network Analytics (BNA™) technology and partnerships with CNS drug companies like Novartis, Takeda, and STALICLA SA. The company aims to improve brain health diagnostics and treatments, with BNA™ set to be commercially available to neurologists in 2025.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 1:05 pm

PSTG

Pure Storage (NYSE:PSTG) has joined the Ultra Ethernet Consortium, a Linux Foundation initiative aimed at developing an open and accessible Ethernet-based architecture to enhance AI and HPC applications.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 1:03 pm

ACHR

Archer Aviation (ACHR) has signed a Memorandum of Understanding (MOU) with Future Flight Global for the planned purchase of up to 116 Midnight aircraft, valued at up to $580 million. Future Flight Global has made an initial deposit and committed to nearly $5 million in pre-delivery payments. This agreement aims to launch eVTOL operations in key global markets, increasing Archer's indicative order book to nearly $6 billion.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 1:01 pm

LQR

LQR House reported a 382% year-over-year revenue increase for July 2024, reaching $224,227. This growth was driven by strategic marketing partnerships and increased traffic to CWSpirits.com.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:57 pm

OGI

Organigram Holdings Inc. (NASDAQ:OGI) reported a 25% year-over-year increase in Q3 net revenue to CA$41.1 million and a significant improvement in adjusted EBITDA. The company also highlighted strategic investments in the UK and Germany, and a 2700% YoY increase in gross margin. Shares traded 7.64% higher at $1.55 in pre-market.

Portfolio Pulse from Jelena Martinovic

August 13, 2024 | 12:51 pm

TGL

Treasure Global (TGL) is set to integrate TikTok Shop with its ZSTORE on the ZCITY Super App, aiming to leverage TikTok's 150 million viewers and over 55 million US shoppers to expand its global reach and market presence.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:51 pm

SAIC

Science Applications International Corp. (SAIC) has been awarded a $120 million, five-year contract by the U.S. Navy's Naval Supply Systems Command to support Tactical Training Group Pacific's fleet training mission.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:48 pm

PLTR

SRFM

Surf Air Mobility Inc. (NYSE:SRFM) has announced a new venture, Surf Air Technologies LLC, in collaboration with Palantir Technologies Inc. (NYSE:PLTR). The venture aims to develop AI-powered software tools for the advanced air mobility industry. Despite the announcement, SRFM shares dipped by 13.9%, while PLTR shares rose by 1.16%. Surf Air is also considering bringing in outside investors to fund the venture.

Portfolio Pulse from Nabaparna Bhattacharya

August 13, 2024 | 12:43 pm

FLGC

Flora Growth Corp (NASDAQ:FLGC) reported a 27% YoY decline in Q2 revenue to $15.68 million, primarily due to JustCBD's performance. Despite the revenue drop, the company reduced its net loss by 94% and highlighted strategic expansions in Germany, Australia, and the US. Flora Growth's shares closed 1.07% lower at $0.93 per share.

Portfolio Pulse from Nina Zdinjak

August 13, 2024 | 12:41 pm