Streetbeat News

Partnerships

NFLX

SIX

Netflix's 'Stranger Things' will headline Six Flags' Halloween Fright Fest this year, marking a significant partnership that extends Netflix's presence beyond streaming. Six Flags has also partnered with Warner Bros., Lionsgate, and Legendary for the event, which will feature new mazes based on popular horror franchises. The event is expected to drive significant visitor numbers and revenue for Six Flags.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 2:29 pm

FTXL

GOOG

GOOGL

INTC

TSM

UMC

XSD

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) is expanding its operations to meet growing demand in AI, 5G, server, and data center markets. Acter Group Co, a supplier to TSMC, is also expanding overseas. TSMC's stock has gained 68% in the last 12 months. Investors can gain exposure to the semiconductor sector via ETFs like FTXL and XSD.

Portfolio Pulse from Anusuya Lahiri

June 25, 2024 | 2:25 pm

LLY

Eli Lilly and Company (NYSE:LLY) has announced a collaboration with OpenAI to leverage generative AI for the discovery of novel antimicrobials to treat drug-resistant bacteria. This partnership aims to address the significant global health threat posed by antimicrobial resistance (AMR).

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 2:01 pm

XOM

ExxonMobil and EV battery maker SK On have signed a Memorandum of Understanding (MOU) to produce Mobil Lithium in the U.S. This agreement highlights the demand for domestically sourced lithium and marks a significant step in strengthening the U.S. electric vehicle and battery supply chains. The initiative is expected to enhance energy security, support U.S. manufacturing jobs, and reduce carbon emissions.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 2:01 pm

KSCP

Knightscope announced that two more clients have renewed their contracts for the K5 security robots. This indicates continued trust and satisfaction with Knightscope's services.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 1:39 pm

RTX

WLFC

Willis Lease Finance Corporation (WLFC) has entered into an agreement with Pratt & Whitney, a division of RTX Corporation, to purchase up to 15 new engines in FY24. The transaction is valued at $363.9 million.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 1:35 pm

TEM

UTHR

Tempus has announced a collaboration with United Therapeutics to study the use of AI in detecting patients at risk for pulmonary hypertension. This partnership aims to leverage Tempus' AI capabilities to improve patient outcomes.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 1:32 pm

EPOW

Sunrise New Energy has secured a new client who will place a monthly order of 300 tons of anode materials.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 1:30 pm

FTDR

Frontdoor has signed an exclusive agreement with Moen to install the Flo Smart Water Monitor and Shutoff, Water Shut-Off Valve. Financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 1:30 pm

NVDA

RXRX

Recursion Pharmaceuticals (NASDAQ: RXRX) shares are trading higher after CEO Chris Gibson's CNBC interview and upcoming presentation with Nvidia's Jensen Huang. The discussion focused on AI's role in drug discovery, highlighting Recursion's BioHive-2 supercomputer built with Nvidia's help. Needham analyst Gil Blum reiterated a Buy rating for RXRX with a $17 price target.

Portfolio Pulse from Adam Eckert

June 25, 2024 | 1:23 pm