Streetbeat News

Partnerships

RTX

WLFC

Willis Lease Finance Corporation (WLFC) has entered into an agreement with Pratt & Whitney, a division of RTX Corporation, to purchase up to 15 new engines in FY24. The transaction is valued at $363.9 million.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 1:35 pm

TEM

UTHR

Tempus has announced a collaboration with United Therapeutics to study the use of AI in detecting patients at risk for pulmonary hypertension. This partnership aims to leverage Tempus' AI capabilities to improve patient outcomes.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 1:32 pm

EPOW

Sunrise New Energy has secured a new client who will place a monthly order of 300 tons of anode materials.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 1:30 pm

FTDR

Frontdoor has signed an exclusive agreement with Moen to install the Flo Smart Water Monitor and Shutoff, Water Shut-Off Valve. Financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 1:30 pm

NVDA

RXRX

Recursion Pharmaceuticals (NASDAQ: RXRX) shares are trading higher after CEO Chris Gibson's CNBC interview and upcoming presentation with Nvidia's Jensen Huang. The discussion focused on AI's role in drug discovery, highlighting Recursion's BioHive-2 supercomputer built with Nvidia's help. Needham analyst Gil Blum reiterated a Buy rating for RXRX with a $17 price target.

Portfolio Pulse from Adam Eckert

June 25, 2024 | 1:23 pm

HES

IYE

NVDA

XLE

XOM

Exxon Mobil Corporation (NYSE:XOM) and its partners, including Hess Corporation (NYSE:HES) and CNOOC, have generated $6.33 billion from their oil venture in Guyana, with Exxon reporting a net profit of $2.9 billion. The consortium's net margin of 56% surpasses that of NVIDIA Corporation (NASDAQ:NVDA). The venture's revenue rose by 23% in 2023, and production is expected to increase with the addition of three more vessels. Investors can gain exposure to Exxon via Energy Select Sector SPDR Fund (NYSE:XLE) and iShares U.S. Energy ETF (NYSE:IYE).

Portfolio Pulse from Lekha Gupta

June 25, 2024 | 1:22 pm

EL

The Estée Lauder Companies (NYSE: EL) has launched The Catalysts program, an innovative incubator initiative created by ELC's New Incubation Ventures and supported by TikTok. The program aims to empower emerging talent in the beauty industry with financial backing, mentorship, and project assistance.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 1:18 pm

INTA

Argonaut Private Equity has chosen Intapp's Employee Compliance solution to enhance oversight of personal trading and adherence to ethics policies.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 1:17 pm

TTOO

T2 Biosystems (NASDAQ:TTOO) has announced a new distribution agreement for its products in Hong Kong and Macau. The company will sell its T2Dx Instrument, T2Bacteria Panel, T2Candida Panel, and T2Resistance Panel through a newly appointed distributor.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 1:16 pm

TDC

Teradata has announced a collaboration with Google Cloud to offer Teradata VantageCloud Lake on Google Cloud. This new offering integrates Teradata's ClearScape Analytics with Google Cloud's Vertex AI platform and Gemini models to provide enterprise-scale AI solutions.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 1:13 pm