Streetbeat News

Partnerships

XEL

Fermata Energy, Xcel Energy, City of Boulder, Colorado CarShare, and Boulder Housing Partners are collaborating on a Vehicle-to-Everything (V2X) bidirectional charging pilot project in Boulder, Colorado. This project aims to enhance grid resilience, reduce electric bills, and support underserved communities and local businesses.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 3:01 pm

REKR

Rekor Systems shares are trading higher following the announcement of a partnership with MS2.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 2:58 pm

NFLX

Wedbush issued a note stating that Netflix is positioning for high-margin revenue growth in advertising. The company aims to accelerate ad tier revenue contribution into year-end and 2025 by improving advertising solutions, expanding partnerships, and adding more live events.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 2:51 pm

LNGG

LNGZ

NEXT

NextDecade Corporation (NASDAQ:NEXT) shares surged after ADNOC acquired an 11.7% stake in the Rio Grande LNG project and signed a 20-year LNG offtake agreement. This marks ADNOC's first strategic investment in the U.S. to expand its lower-carbon LNG portfolio. Investors can also gain exposure through LNG-focused ETFs like LNGG and LNGZ.

Portfolio Pulse from Lekha Gupta

May 20, 2024 | 2:21 pm

JPM

JP Morgan's CEO of Consumer Banking, Jennifer Roberts, announced plans to accelerate the bank's wealth strategy and expects deposits to remain flat in 2024. Additionally, the Head of Home Lending, Mark O'Donovan, stated that the integration of First Republic is on track. The bank is also launching JP Morgan Private Client, a new tier aimed at affluent clients.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 2:16 pm

AAPL

TSM

Apple's COO Jeff Williams secretly visited TSMC in Taiwan to secure the first batch of 2nm chips, which could significantly boost TSMC's revenue. The chips are expected to be used in Apple's products, potentially starting with the iPhone 17 Pro in late 2025.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 2:08 pm

FIGS

FIGS has announced a multi-year agreement with the U.S. Olympic & Paralympic Committee and the LA28 Olympic and Paralympic Games to outfit over 250 healthcare professionals supporting athletes and provide uniforms for the Los Angeles 2028 Olympic and Paralympic Games.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 1:08 pm

KD

NVDA

Kyndryl and NVIDIA have announced a collaboration to develop generative AI-enabled solutions. This partnership aims to leverage NVIDIA's AI technology and Kyndryl's IT services to create innovative solutions for various industries.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 1:06 pm

PL

Planet Labs PBC (NYSE:PL) has extended its contract with ZEP-RE for a drought insurance program in the Horn of Africa. The collaboration, which has already supported over 2 million pastoralists, will continue for a 5-year project ending in October 2027.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 1:04 pm

DASH

ULTA

DoorDash and Ulta Beauty have announced a partnership to offer on-demand delivery of beauty products. This collaboration aims to enhance customer convenience and expand Ulta Beauty's reach through DoorDash's delivery network.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 1:03 pm