Streetbeat News

Partnerships

KITT

Nauticus shares are trading higher after the company contracted with Florida Atlantic University to perform development testing of the Aquanaut Mark 2 vehicle in the protected waters near the university's Institute for Ocean and Systems Engineering Dania Beach facilities, as well as in the deeper waters of the Atlantic Ocean.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 1:05 pm

COIN

A virtual meeting between the cryptocurrency industry and Democratic Party officials, hosted by Congressman Ro Khanna, aimed to ease tensions but turned confrontational. Crypto executives criticized the Biden administration's regulatory actions, while Anthony Scaramucci expressed optimism about Kamala Harris's potential to gain support within the crypto community.

Portfolio Pulse from Murtuza Merchant

August 09, 2024 | 1:05 pm

MRIN

RDDT

Marin Software Incorporated (NASDAQ:MRIN) shares surged after the company enhanced its integrations with Reddit, Inc. (NYSE:RDDT) and X (formerly Twitter). The integration allows marketers to leverage Marin’s AI-driven tools to target users on these platforms. Marin's CEO highlighted the benefits of this integration for digital marketers. Despite recent financial losses, the stock saw a significant premarket increase.

Portfolio Pulse from Lekha Gupta

August 09, 2024 | 12:31 pm

DOCS

IOVA

KITT

Market-Moving News for August 9th includes significant updates for Nauticus Robotics (KITT), Iovance Biotherapeutics (IOVA), and Doximity (DOCS). Nauticus Robotics has partnered with Florida Atlantic University for cost-effective testing of Aquanaut Mark 2. Iovance Biotherapeutics reported better-than-expected Q2 financial results and issued Q3 product revenue guidance above estimates. Doximity also reported better-than-expected Q1 financial results and issued Q2 and FY24 revenue guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 12:16 pm

HURC

Hurco Companies, Inc. (NASDAQ:HURC) and Kawasaki Robotics (USA), Inc. have announced a strategic collaboration to deliver turnkey, industrial-grade robotic machine-tending solutions. They will present demos at the 2024 International Manufacturing Technology Show (IMTS) in Chicago.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 12:06 pm

LVO

LiveOne (NASDAQ:LVO) announced that its total memberships have surpassed 3.9 million, with a 23% year-over-year growth. Tesla memberships grew by 26% YoY, and new paid members increased by over 225,000 in Fiscal Year 2025 and 64,000 in July 2024. The B2B pipeline expanded to 63, including four new partnerships to be announced.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 12:05 pm

TKLF

Yoshitsu's Hong Kong subsidiary, Tokyo Lifestyle Limited, has entered into a $2.75 million loan agreement with a subsidiary of Tasly to support future growth and development.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 12:05 pm

PGY

Pagaya Technologies (NASDAQ: PGY) has entered into a $1 billion consumer loan agreement with Castlelake, L.P. This deal will allow Castlelake to purchase up to $1 billion in consumer loans through Pagaya's AI-driven network over an initial 12-month term, with potential extensions. This agreement enhances Pagaya's funding capacity and diversifies its funding sources.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 11:06 am

AMCX

NFLX

AMC Networks has expanded its relationship with Netflix to curate prior seasons of 15 AMC branded shows on Netflix, launching on August 19. Additionally, AMC has entered a new licensing partnership with Sky for The Walking Dead Universe in the UK.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 11:06 am

GOOG

GOOGL

MSFT

PLTR

Palantir Technologies Inc. co-founder Joe Lonsdale supports the antitrust ruling against Google but criticizes FTC Chair Lina Khan. Lonsdale calls for more regulations to prevent big tech monopolies. Palantir expanded its partnership with Microsoft and reported strong Q2 revenue growth.

Portfolio Pulse from Ananya Gairola

August 09, 2024 | 10:45 am