Streetbeat News

Partnerships

DIS

WBD

Disney and Warner Bros. Discovery have launched a new streaming bundle in the U.S., combining Disney+, Hulu, and Max, to reduce churn rates and increase engagement. The bundle offers significant savings compared to purchasing the services separately. This move is crucial for Warner Bros. Discovery, which recently lost its NBA broadcasting rights.

Portfolio Pulse from Anusuya Lahiri

July 26, 2024 | 3:55 pm

AMZN

Amazon MGM Studios has announced a film partnership with Scott Stuber to relaunch United Artists and finance both theatrical and streaming movies.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 3:44 pm

AMZN

SYM

VDC

WMT

XLP

Walmart Inc (NYSE:WMT) is considering a $200 million investment in self-driving forklifts from Fox Robotics to enhance warehouse automation. This move is part of Walmart's broader strategy to compete with Amazon.com Inc (NASDAQ:AMZN) and includes exclusive deals with robotics vendors like Fox Robotics and Symbotic Inc (NASDAQ:SYM). Analysts estimate that Walmart's automation efforts could add $20 billion to its profit by fiscal 2029. Walmart's stock has gained over 29% in the last 12 months.

Portfolio Pulse from Shivani Kumaresan

July 26, 2024 | 3:43 pm

ASTS

PTF

UFO

AST SpaceMobile, Inc. (NASDAQ:ASTS) shares are trading higher, having gained over 368% in the past year. The company will hold a quarterly business update on August 14 and has completed its first five commercial satellites, ready for shipment. AST SpaceMobile has strategic partnerships with Verizon (NYSE:VZ) and AT&T (NYSE:T).

Portfolio Pulse from Nabaparna Bhattacharya

July 26, 2024 | 3:27 pm

CSPI

ROK

ARIA Cybersecurity Solutions, a CSP Inc. (NASDAQ:CSPI) business, will present its AZT PROTECT solution at the Rockwell Automation (NYSE:ROK) fair. The event will address rising cybersecurity threats in industrial operations. CSPI shares rose by 3.21% following the announcement.

Portfolio Pulse from Akanksha Bakshi

July 26, 2024 | 2:51 pm

AES

ILMN

KHC

SCHW

SLB

Benzinga's 'Stock Whisper' Index highlights five stocks that are gaining interest among investors but are not widely discussed yet. The stocks include The AES Corporation, The Kraft Heinz Company, Illumina Inc, Charles Schwab Corporation, and Schlumberger. Each company has upcoming events or recent developments that could impact their stock prices.

Portfolio Pulse from Chris Katje

July 26, 2024 | 2:43 pm

SYTA

Siyata Mobile Inc. (NASDAQ:SYTA) shares are trading higher after the company, in partnership with Verizon Communications Inc. (NYSE:VZ), introduced the Siyata SD7, a specialized push-to-talk device for first responders and enterprise clients. The company also announced significant new orders for its products.

Portfolio Pulse from Lekha Gupta

July 26, 2024 | 2:42 pm

LMT

Lockheed Martin's Sikorsky division has been awarded a contract by the NATO Support & Procurement Agency to study integrated platform concepts.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 2:40 pm

AAPL

AMKR

GFS

TSM

The Biden-Harris Administration and Amkor Technology (NASDAQ:AMKR) have signed a preliminary memorandum to provide up to $400 million in funding under the CHIPS and Science Act. This funding will support Amkor's $2 billion semiconductor packaging facility in Peoria, Arizona, expected to create 2,000 jobs and boost the domestic semiconductor supply chain. The facility will utilize advanced technology crucial for AI and high-performance computing. The initiative aims to enhance U.S. semiconductor manufacturing and supply chain security.

Portfolio Pulse from Shivani Kumaresan

July 26, 2024 | 2:26 pm

CREV

Carbon Revolution shares are trading higher after the company reported it has partnered with GM to provide carbon fiber wheels for the Chevrolet Corvette ZR1.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 2:19 pm