Streetbeat News

Partnerships

META

SNOW

Snowflake, Inc. (NYSE:SNOW) shares are trading higher after announcing a partnership with Meta (NASDAQ:META) to host Meta's Llama 3.1 collection of multilingual open source large language models (LLMs) in Snowflake Cortex AI. Snowflake's AI Research team has optimized Llama 3.1 for better performance and is open-sourcing its advanced LLM inference and fine-tuning optimization stack.

Portfolio Pulse from Dylan Berman

July 23, 2024 | 5:54 pm

DJT

ISRA

SPY

Former President Donald Trump announced on Truth Social that he is looking forward to welcoming Israeli Prime Minister Bibi Netanyahu at Mar-a-Lago in Palm Beach, Florida.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 5:26 pm

FTXR

GM

RPV

General Motors (GM) shares are trading lower after reporting strong Q2 financial results but announcing delays in its EV projects. Despite losses in China, GM's strong U.S. market performance supports overall profitability. GM Defense Canada secured a C$35.8 million contract with the Canadian Armed Forces. GM stock has gained over 18% in the past year, and investors can gain exposure via FTXR and RPV ETFs.

Portfolio Pulse from Nabaparna Bhattacharya

July 23, 2024 | 5:17 pm

ERJ

Embraer has announced the sale of six A-29 Super Tucano aircraft to the Paraguayan Air Force, with deliveries set to begin in 2025.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 4:48 pm

GOOGL

LYFT

UBER

Waymo, a subsidiary of Alphabet Inc. (GOOGL), has launched its Zeekr robotaxi in San Francisco. This move marks a significant step in the autonomous vehicle industry, potentially impacting competitors like Uber (UBER) and Lyft (LYFT).

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 4:34 pm

NVVE

Nuvve has been awarded a $16 million contract by Fresno EOC to supply a solar farm, canopies, and 56 charging stations for a 50-shuttle electric fleet. The project aims to improve air quality, reduce costs, and provide additional electricity to the grid.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 4:31 pm

EYEN

Eyenovia shares are trading higher following the announcement of a collaboration agreement with Senju Pharmaceutical to develop a potential new treatment for chronic dry eye disease.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 4:14 pm

GE

GE Aerospace and HAECO have signed agreements to extend offload services and GBSA for GE90 engines through 2040. Additionally, a deal has been reached for MRO support of the GE9X engine.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 3:45 pm

PCAR

PACCAR Inc. (NASDAQ:PCAR) shares are trading lower after the company reported worse-than-expected second-quarter financial results. Quarterly sales and earnings per share missed street expectations. The company is investing heavily in new manufacturing capacities and has formed a joint venture for battery manufacturing.

Portfolio Pulse from Nabaparna Bhattacharya

July 23, 2024 | 3:38 pm

NEARUSD

SOLUSD

The integration of AI within the Web3 ecosystem is advancing, with Assisterr leading the charge by developing decentralized AI infrastructure. Assisterr's CEO, Nick Havryliak, emphasized the importance of democratizing AI benefits and highlighted the role of community-owned Small Language Models (SLMs) in competing with Big Tech. Assisterr has also developed AI agents for platforms like Solana and NEAR to improve developer efficiency.

Portfolio Pulse from Murtuza Merchant

July 23, 2024 | 3:36 pm