Streetbeat News

Partnerships

AREB

American Rebel shares are trading higher after the company signed a distribution agreement with Dichello Distributors.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 4:20 pm

CMCSA

Comcast Business has entered into a strategic agreement with Starlink to enhance network redundancy and connectivity for enterprise customers using LEO satellite technology. This partnership aims to provide fast and reliable connectivity, especially in underserved regions.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 4:16 pm

AREB

American Rebel Holdings, Inc. (NASDAQ:AREB) stock surged 148% to 74 cents per share on Friday after the company signed a distribution agreement with Dichello Distributors for its beer in Connecticut. Additionally, American Rebel reported $4 million in revenue for the first fiscal quarter of 2024.

Portfolio Pulse from Dylan Berman

June 21, 2024 | 4:08 pm

SVCO

Silvaco Group Inc (NASDAQ:SVCO) reported strong quarterly earnings, significantly outperforming expectations. Analysts from B Riley Securities and Needham maintained Buy ratings and raised price targets. Silvaco inked deals with a key Japanese customer and Micron Technology Inc (NASDAQ:MU), which are expected to boost future earnings.

Portfolio Pulse from Priya Nigam

June 21, 2024 | 4:01 pm

PLUG

Plug Power, Inc. (NASDAQ:PLUG) has secured a 25 MW green hydrogen electrolyzer order in Europe, marking a significant step in the company's expansion and contribution to EU decarbonization targets. The project includes five 5 MW PEM electrolyzers and could expand up to 2 GW. Despite this positive news, PLUG shares are trading lower by 1.38% to $2.50.

Portfolio Pulse from Nabaparna Bhattacharya

June 21, 2024 | 3:27 pm

JPM

VOO

VTI

Fiserv, Inc. (NYSE:FI) has announced that Takis Georgakopoulos, former Global Head of Payments at JP Morgan Chase & Co (NYSE:JPM), will join as a Senior Advisor and Executive Vice President. Fiserv recently reported strong fiscal first-quarter results and reiterated its positive outlook for 2024. The stock has gained over 25% in the last 12 months. Investors can gain exposure to Fiserv through Vanguard Total Stock Market ETF (NYSE:VTI) and Vanguard S&P 500 ETF (NYSE:VOO).

Portfolio Pulse from Anusuya Lahiri

June 21, 2024 | 3:22 pm

APO

CSCO

PSTG

ZBH

Benzinga's Stock Whisper Index highlights five stocks that are gaining attention from investors: Zimmer Biomet Holdings, Pure Storage Inc, Apollo Global Management, Cisco Systems, and GE Aerospace. These companies are involved in significant partnerships, technological advancements, and market trends that could impact their stock prices.

Portfolio Pulse from Chris Katje

June 21, 2024 | 3:19 pm

KRKR

36Kr Holdings Inc. (NASDAQ:KRKR) shares surged 14.9% after announcing a strategic partnership with SenseTime to integrate Artificial General Intelligence (AGI) technology into media content production. This collaboration aims to enhance content creation efficiency and introduce AI-driven products like 'AI Media Coverage' and 'AI Financial Report Interpretation.'

Portfolio Pulse from Erica Kollmann

June 21, 2024 | 2:51 pm

AAPL

BABA

BIDU

VGT

VUG

Apple Inc. (NASDAQ:AAPL) is in talks with Chinese companies like Baidu Inc. (NASDAQ:BIDU) and Alibaba Group Holding Limited (NYSE:BABA) to integrate AI functions into its devices sold in China. This comes after Apple found it unlikely to get approval for a foreign large language model in China. The region is crucial for Apple, accounting for 18% of its global revenue. Apple faces increasing competition from local brands, with its market share expected to drop to 16% this year. Investors can gain exposure to Apple through ETFs like Vanguard Growth ETF (NYSE:VUG) and Vanguard Information Tech ETF (NYSE:VGT).

Portfolio Pulse from Anusuya Lahiri

June 21, 2024 | 2:43 pm

NVDA

TSLA

XPEV

XPeng Inc. (NYSE:XPEV) is reorganizing its smart driving team and has launched an AI division to stay competitive in the autonomous driving sector. Key personnel changes include the departure of Lin Yishu and Wu Xinzhou, with Junyao stepping in. XPeng has also expressed interest in Tesla's full self-driving software and recently launched its flying car, the X2, in Beijing.

Portfolio Pulse from Nabaparna Bhattacharya

June 21, 2024 | 2:31 pm