Streetbeat News

Partnerships

NVAX

SNY

Novavax Inc (NASDAQ:NVAX) reported lower-than-expected Q2 2024 sales and trimmed its annual revenue outlook. Despite a rise in EPS and net income, the company missed consensus estimates. Novavax's partnership with Sanofi SA (NASDAQ:SNY) and future pipeline developments are expected to drive long-term value.

Portfolio Pulse from Vandana Singh

August 08, 2024 | 4:32 pm

IPWR

Ideal Power shares are trading higher after the company announced it secured a global distribution deal with RYOSHO USA.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 3:44 pm

HCAT

Health Catalyst shares are trading higher following the release of better-than-expected Q2 financial results and the announcement of a partnership expansion with Contexture.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 2:53 pm

AMZN

GOOG

GOOGL

MSFT

The UK Competition and Markets Authority (CMA) is investigating Amazon's $4 billion investment in Anthropic for potential anti-competitive behavior. The investigation, which began in April, is examining whether the partnership resembles a merger. Amazon has expressed disappointment, stating that the investment promotes competition. The CMA's Phase 1 decision deadline is set for October 4. This follows similar regulatory scrutiny in the AI sector, including investigations into Microsoft and Alphabet's investments.

Portfolio Pulse from Chris Katje

August 08, 2024 | 2:14 pm

KSCP

Knightscope, Inc. (NASDAQ:KSCP) has announced two new contracts for its emergency communication systems, including a K1 Call Box and Full-Service Maintenance Plan for a Colorado ski resort. The initial installation will be used to gauge future expansion.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 2:09 pm

EWY

NOC

Northrop Grumman (NOC) and Genohco have signed a Memorandum of Understanding (MOU) to collaborate on the Republic of Korea's Mine Countermeasures Helicopter Program. This agreement supports longstanding industrial cooperation with the Defense Acquisition Program Administration.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 1:57 pm

NEXN

Nexxen shares are trading higher following the announcement of a partnership with Vero aimed at expanding its programmatic footprint and advertiser access.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 1:32 pm

AMZN

PLUG

Plug Power Inc (NASDAQ:PLUG) reported disappointing Q2 earnings with revenue and EPS missing estimates. The company provided soft guidance for 2024 and announced a new COO, Dean Fullerton, from Amazon. Despite the setbacks, Plug Power is making progress on its new hydrogen plant in Louisiana.

Portfolio Pulse from Adam Eckert

August 08, 2024 | 1:25 pm

MULN

Mullen Automotive is expanding its reach on the East Coast through a partnership with Eco Auto, which will purchase 180 electric vehicles (EVs) worth $7.7 million over 18 months. Deliveries are set to begin in September 2024.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 1:17 pm

WLDN

Willdan Group, Inc. (NASDAQ:WLDN) has been awarded a $102 million contract by Clark County School District to deliver energy-saving projects across 204 schools. The project is expected to save the district $170 million in lifetime energy savings and $700,000 annually in operations and maintenance costs. This is the second phase of projects for the district, involving more local subcontractors, including 30% certified as Minority- or Women-Owned Business Enterprises.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 1:16 pm