Streetbeat News

Partnerships

COIN

HOOD

SI

SONY

Cryptocurrency markets are trading higher with Bitcoin, Ethereum, and Dogecoin starting July in the green. Miner selling is reportedly subsiding. Notable developments include Robinhood's acquisition of Pluto Capital, DOJ's partnership with Coinbase, and Sony's entry into crypto. Bitcoin's key metrics show a decline, but open interest is at a weekly high. The SEC is suing Silvergate for securities fraud.

Portfolio Pulse from Khyathi Dalal

July 01, 2024 | 8:57 pm

LMND

Lemonade has renewed its reinsurance program with its existing partners, set to commence on July 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 8:33 pm

LAES

WKEY

SEALSQ Corp and WISeKey International Holding are collaborating on a new decentralized technology project named 'SEALCOIN' under a new Swiss company. The project aims to facilitate secure and efficient decentralized transactions globally.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 8:23 pm

ADEA

Adeia shares are trading higher after the company entered into a multi-year IP license agreement with X Corp, resolving all outstanding litigation between the companies.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 8:13 pm

ADEA

Adeia has entered into a multi-year license agreement with X Corp., the owner of the social media platform formerly known as Twitter. This agreement resolves all outstanding litigation between the two companies. The terms of the agreement were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 8:09 pm

IBM

MSFT

IBM and Microsoft have announced a collaboration to enhance cybersecurity for clients, focusing on modernizing security operations and protecting hybrid cloud identities. This partnership combines IBM's cybersecurity services with Microsoft's security technology.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 8:01 pm

BAESY

DRS

Leonardo DRS has delivered its 1,000th advanced sensor package for BAE Systems' 2-Color Advanced Warning System, which enhances missile warning and hostile fire detection for U.S. Army pilots and crews.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 8:00 pm

SPY

NATO will station a senior civilian official in Kyiv as part of new measures to support Ukraine, to be announced at the upcoming summit in Washington.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 7:25 pm

CBDD

CBD of Denver, Inc. (OTC:CBDD) is making strides in the German cannabis market, having excelled at the Mary Jane Berlin trade fair. The company showcased its products and tested its CheckMyWeed tool, projecting $300,000 in revenue for June 2024. They also engaged with potential cannabis club enthusiasts, collecting over 50 qualified leads.

Portfolio Pulse from Rolando García

July 01, 2024 | 7:19 pm

PARA

WBD

Paramount is in talks to explore a merger involving its streaming service, Paramount+. Warner Bros. Discovery is interested in a joint venture with Max and Paramount+. Media companies are seeking better monetization of streaming content amid losses.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 7:06 pm