Streetbeat News

Partnerships

LCID

TTDKY

TDK Corp., a key Apple supplier, has partnered with McLaren Racing to enhance its presence in Formula E by supplying components for McLaren's electric cars. This move highlights TDK's focus on the growing EV market, where it sees significant opportunities.

Portfolio Pulse from Benzinga Neuro

October 29, 2024 | 8:31 am

PSO

Pearson reported a 5% growth in Q3 underlying group sales, excluding OPM and strategic review businesses, and is on track to meet full-year expectations. The company is advancing its 2024 strategic priorities, including a new deal with ServiceNow and expanding AI in its products.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:08 am

IDCC

InterDigital, Inc. has signed a global license agreement with OPPO Group, covering OPPO, realme, and OnePlus devices. This deal, along with existing agreements with Apple, Samsung, and Xiaomi, allows InterDigital to cover 70% of the global smartphone market. The agreement also resolves all pending litigations between InterDigital and OPPO.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:03 am

ACM

Veea, O.N.E. Amazon, and AECOM have partnered to create the 'Internet of Forests' initiative. This project aims to digitally safeguard rainforests and empower Colombian communities.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 7:56 am

AMZN

GOOGL

MSFT

Microsoft accuses Google of orchestrating covert lobbying campaigns to undermine its cloud business, alleging Google recruited small European providers for this effort. Microsoft claims Google is funding studies critical of its practices and has filed complaints with the European Commission.

Portfolio Pulse from Kaustubh Bagalkote

October 29, 2024 | 7:50 am

CORZ

WGMI

Jefferies has initiated coverage of Core Scientific Inc. (NASDAQ:CORZ) with a 'Buy' rating, citing its potential to benefit from AI demand. The company has a 12-year contract with CoreWeave and has emerged from bankruptcy, with its stock up 312% this year. The Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI) also saw gains.

Portfolio Pulse from Aniket Verma

October 29, 2024 | 7:32 am

LLY

NVO

TSLA

Elon Musk's Neuralink is considering developing an implant for early-stage Alzheimer's, while healthcare companies like Novo Nordisk and Eli Lilly are also exploring treatments. Musk emphasized the potential of Neuralink for conditions like paralysis and stroke, but noted limited help for late-stage Alzheimer's.

Portfolio Pulse from Ananya Gairola

October 29, 2024 | 7:17 am

WTW

WTW has expanded its operations in Japan by launching a new corporate insurance brokerage. This move is part of WTW's strategy to strengthen its presence in the Japanese market.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 6:55 am

DD

DuPont has entered a strategic partnership with Zhen Ding to enhance next-gen PCB development and promote sustainable growth in the electronics sector. The collaboration focuses on improving material performance, smart manufacturing, and sustainability initiatives.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 6:43 am

BONEUSD

ETHUSD

SHIBUSD

Shiba Inu has launched an NFT bridge on its Shibarium blockchain, enhancing the trading of Ethereum-based NFTs. This development is expected to improve liquidity and reduce transaction fees. Shiba Inu's burn rate has spiked by 305%, contributing to deflationary pressure on the coin.

Portfolio Pulse from Aniket Verma

October 29, 2024 | 6:24 am