Streetbeat News

Partnerships

AMT

COR

Stonepeak and CoreSite have formed a joint venture to develop an 18MW data center in Denver. Stonepeak holds 85% equity, while CoreSite holds 15%. CoreSite will operate the DE3 facility, and the investment is made through the Stonepeak Opportunities Fund.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 3:42 pm

EDU

East Buy's shares fell to a two-year low after parting ways with star livestreamer Dong Yuhui. The split marks a strategic shift away from reliance on individual hosts. Despite a share buyback program, the stock dropped 23%. Analysts have mixed views on the company's future.

Portfolio Pulse from The Bamboo Works

July 31, 2024 | 3:22 pm

SBUX

Starbucks Corp (NASDAQ:SBUX) reported downbeat fiscal third-quarter sales, with mixed analyst reactions. Despite the challenges, including lower-than-expected same-store sales growth and a tough market in China, several analysts maintained positive ratings and price targets. The company is exploring strategic partnerships in China to address these issues.

Portfolio Pulse from Priya Nigam

July 31, 2024 | 3:20 pm

PDCO

XRAY

Dentsply Sirona has issued a 1-year notice to not renew its distribution agreements with Patterson Companies for dental equipment in the U.S. and Canada. They plan to negotiate new agreements, with a failure to renegotiate posing a potential material adverse effect on its business. Dentsply Sirona does not expect a charge against earnings for the non-renewal.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 2:37 pm

KSCP

Knightscope has announced new expansion contracts with a Texas school district and the California Transportation Commission. Both contracts include a full-service maintenance plan for emergency communication devices.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 1:36 pm

GNRC

Generac shares are trading higher after the company reported Q2 earnings and announced an investment in Wallbox.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 1:35 pm

LPTH

LightPath Technologies shares are trading higher after the company announced it began delivering advanced thermal camera systems for Lockheed Martin's missile program.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 1:31 pm

BWA

BorgWarner shares are trading higher after the company reported mixed Q2 results and announced new contracts.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 1:15 pm

NITO

N2OFF, Inc. (NASDAQ:NITO) has entered into an agreement to fund up to €8 million for 50% rights in several solar PV projects developed by Solterra Renewable Energy Ltd. The first project, with a capacity of 111 MW, has received municipal approval and an indicative grid connection solution in Germany.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 1:15 pm

LFLY

UBER

Uber Eats, a subsidiary of Uber Technologies, Inc. (NYSE:UBER), has expanded its cannabis delivery service to Alberta, Canada, in partnership with Leafly (NASDAQ:LFLY). This initiative aims to improve road safety by reducing impaired driving. The service will use provincially certified staff for deliveries.

Portfolio Pulse from Nina Zdinjak

July 31, 2024 | 1:14 pm