Streetbeat News

Partnerships

LPTH

MTEK

Maris Tech and LightPath Technologies have announced a collaboration to integrate AI-ready firmware and hardware into LightPath's infrared cameras. This partnership aims to enhance the capabilities of infrared cameras by embedding AI algorithms.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 12:12 pm

QNRX

Quoin Pharmaceuticals has signed a research agreement with University College Cork to develop topical formulations of Rapamycin.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 12:10 pm

DOX

ORCL

T

AT&T Mexico has completed a major cloud transformation of its Amdocs Customer Experience Suite (CES) systems to Oracle Cloud Infrastructure (OCI). This migration is expected to facilitate new business models and reduce operational costs.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 12:09 pm

AMSC

AMSC has secured a $75 million multi-year contract with Irving Shipbuilding to provide ship protection systems and engineering support for the Royal Canadian Navy. The first delivery is expected in 2026.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 12:06 pm

FOX

FOXA

Fox Corporation has expanded its partnership with FreeWheel to enhance dynamic ad insertion and co-develop targeting technology. FreeWheel will become the primary ad serving partner for One FOX Enterprise.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 12:02 pm

MSFT

Microsoft's stock has surged 15% year-to-date, driven by its partnership with OpenAI and strategic shifts in privacy and AI. Despite privacy concerns over the Windows Recall feature, the company has shown responsiveness by changing its deployment strategy. The stock has seen a 4.3% increase in June, closing at $432.68 on June 11.

Portfolio Pulse from Zaheer Anwari

June 12, 2024 | 11:59 am

AIXI

Xiao-I has announced a collaboration with a leading AI firm in the Middle East to expand its presence in the UAE market. This partnership aims to leverage AI technologies to enhance various sectors in the region.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 11:48 am

DNNGY

TSLA

Orsted (OTC:DNNGY) is investing in a Tesla (NASDAQ:TSLA) battery energy storage system to stabilize the U.K. energy supply and reduce price volatility. The system will be installed at the Hornsea 3 Offshore Wind Farm and is expected to be operational by the end of 2026.

Portfolio Pulse from Lekha Gupta

June 12, 2024 | 11:38 am

AAPL

BIDU

Apple Inc. (NASDAQ:AAPL) is working to introduce its AI technology, Apple Intelligence, in China despite stringent regulations. Craig Federighi, Apple's senior VP of software engineering, acknowledged the challenges but confirmed the company's efforts. This move is crucial as China is Apple's second-largest market, and the company faces fierce competition from local companies. Rivals like Samsung and Lenovo have teamed up with Baidu Inc. (NASDAQ:BIDU) to offer AI-powered features in China.

Portfolio Pulse from Rounak Jain

June 12, 2024 | 11:38 am

RTO

Rentokil shares are trading higher following a report suggesting Trian has amassed a stake in the company.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 11:37 am