Streetbeat News

Partnerships

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

BRFH

Barfresh Food Group has received multiple offers to fund its ongoing lawsuit and has entered into an agreement with Boesch Law Group.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:34 pm

SIDU

Sidus Space has announced the sale of its FeatherEdge Onboard Computing System to Xiomas Technologies. This marks a significant milestone for Sidus Space as it expands its customer base and showcases the capabilities of its technology.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:34 pm

ADIL

Adial Pharmaceuticals (NASDAQ:ADIL) announced a collaboration with Boudicca Dx to advance the regulatory strategy for its companion diagnostic genetic test for AD04, a treatment for Alcohol Use Disorder. This collaboration aims to ensure the test meets FDA guidelines and supports the upcoming Phase 3 study.

Portfolio Pulse from Vandana Singh

August 13, 2024 | 12:30 pm

ADIL

Adial Pharmaceuticals has announced that Boudicca will support and advise the company on its companion diagnostic genetic test to ensure compliance with FDA guidelines.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:30 pm

ADIL

Adial Pharmaceuticals has signed an agreement with Boudicca Dx to advance the regulatory strategy for a companion diagnostics genetic test for AD04.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:30 pm

CMG

CXAI

SBUX

On August 13th, XCApp (CXAI) shares surged 112% following a deal and multi-year agreement with Google Cloud. Chipotle (CMG) shares dropped 10% as COO Scott Boatwright was named interim CEO after Brian Niccol's departure to lead Starbucks. Starbucks (SBUX) shares rose 11% as Brian Niccol was appointed as Chairman and CEO, effective September 9.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:12 pm

LDOS

Leidos (NYSE:LDOS) has been awarded a $191 million contract by the Army Contracting Command – Aberdeen Proving Ground to provide integrated lifecycle software and management solutions for the U.S. Army Communications Electronics Command.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:11 pm