Streetbeat News

Partnerships

AMD

TSLA

AMD CEO Lisa Su posted on X about spending time with the Tesla team discussing AI, leadership, and their partnership. This indicates a strong collaboration between AMD and Tesla.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 2:30 pm

TCNNF

Caleb Counts, CEO of Connected Cannabis Co., discussed the company's journey from humble beginnings to becoming a celebrity favorite, with endorsements from artists like Travis Scott and ASAP Rocky. The company focuses on premium strains, sustainability, and expansion beyond California, including a key partnership with Trulieve Cannabis in Florida.

Portfolio Pulse from Patricio Liddle

July 24, 2024 | 2:12 pm

PLNH

Planet 13 Holdings Inc. (OTCQX:PLNH) is expanding beyond cannabis by launching a non-cannabis lifestyle brand and sponsoring MMA star Chito Vera. This move aims to increase brand awareness and create additional revenue streams.

Portfolio Pulse from Jelena Martinovic

July 24, 2024 | 1:45 pm

GM

General Motors (NYSE:GM) reported a $210 million loss in its joint venture with China's SAIC General Motors Corporation for the first half of the year. Despite efforts to restructure, GM CEO Mary Barra indicated that the rest of the year will remain challenging. However, GM's overall fiscal second-quarter sales grew by 7.2% year-on-year, beating analyst estimates.

Portfolio Pulse from Michael Juliano

July 24, 2024 | 1:35 pm

IBIT

A Bitcoin-oriented startup has launched the 'Unbound Fund,' allowing Bitcoin holders to acquire Portuguese citizenship by investing €500,000 ($542,000) in BlackRock's iShares Bitcoin Trust (NASDAQ:IBIT). This fund combines cryptocurrency investment with the benefits of European residency and citizenship.

Portfolio Pulse from Khyathi Dalal

July 24, 2024 | 1:20 pm

DSX

Diana Shipping has announced a time charter contract for its vessel DSI Polaris with Stone Shipping. The charter rate is set at $15,400 per day, minus a 5% commission to third parties, for a period extending from a minimum of June 1, 2025, to a maximum of August 15, 2025.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 1:17 pm

WLDS

Wearable Devices Ltd. (WLDS) announced that a global defense company has purchased its Mudra Development Kit for deep-level capability evaluation. This expands WLDS's opportunities in the defense market, following a previous agreement with a sector leader.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 1:12 pm

HA

SABR

Sabre has announced that it will offer NDC content from Hawaiian Airlines, allowing travel agencies to book both NDC and traditional ATPCO/EDIFACT content through the Sabre global distribution system (GDS).

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 1:11 pm

UPST

The Bank of Elk River has partnered with Upstart (NASDAQ:UPST) to offer digital personal loans, expanding their customer reach beyond their usual area.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 1:07 pm

KKR

TMUS

T-Mobile and KKR have entered into a joint venture to acquire Metronet. T-Mobile will invest approximately $4.9 billion to acquire a 50% equity stake in the venture.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 1:06 pm