Streetbeat News

Partnerships

MASI

Masimo (NASDAQ:MASI) and Cleveland Clinic have announced a partnership to enhance hospital-based remote patient monitoring, including TeleCritical Care. This collaboration will integrate Cleveland Clinic's critical and non-critical care monitoring platforms with Masimo's Hospital Automation™ platform to improve clinical decision-support for hospitalized patients.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 2:12 pm

EADSY

PLTR

Palantir Technologies Inc. (NYSE:PLTR) has entered into a partnership with Voyager Space to integrate AI tools into Voyager's defense and space technology sectors. This collaboration aims to enhance Voyager's defense segment and payload management systems using Palantir's AI platforms. Palantir was also named the exclusive supplier of software data management solutions for the Starlab commercial space station.

Portfolio Pulse from Nabaparna Bhattacharya

June 27, 2024 | 2:10 pm

EWL

UBS

FIFA is seeking up to $2 billion to expand its streaming service, FIFA+, and is working with UBS to find investors. The organization aims to sell a minority stake in FIFA+.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 1:35 pm

NVDA

RXRX

Recursion Pharmaceuticals (NASDAQ: RXRX) shares are down 20.1% after announcing a proposed offering of 30,769,230 shares at $6.50 per share, expected to raise $200 million. The offering follows an investor day featuring NVIDIA (NASDAQ: NVDA) CEO Jensen Huang, highlighting their collaboration on AI in drug discovery.

Portfolio Pulse from Adam Eckert

June 27, 2024 | 1:19 pm

OUST

SERV

Serve Robotics Inc. (NASDAQ:SERV) has expanded its delivery operations into Koreatown, Los Angeles, and extended its lidar supply agreement with Ouster, Inc. (NYSE:OUST) to equip 2,000 robots with upgraded sensors.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 1:18 pm

SERV

Serve Robotics has expanded its delivery service to Koreatown, Los Angeles, and extended its supply agreement with Ouster to equip 2,000 robots with upgraded lidar hardware, supporting the scaling of its robotic fleet.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 1:17 pm

CTAS

NXGL

NEXGEL, Inc. (NASDAQ:NXGL) announced it will supply its SilverSeal hydrogel dressing to Cintas Corporation (NASDAQ:CTAS). The first order is expected to be delivered in Q4 2024. Cintas will distribute SilverSeal to its customers in various sectors, including hospitality and public service.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 1:09 pm

GOOG

GOOGL

Google has announced significant advancements in its Vertex AI platform, including the addition of Anthropic's newly released model, Claude 3.5 Sonnet. This move aims to enhance enterprise AI capabilities.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 1:06 pm

EQNR

SLB

SLB has been awarded a contract by Equinor for the Front-End Engineering Design (FEED) of a 12-well all-electric subsea production systems project in the Fram Sør field, offshore Norway. The project aims to enhance operator control, efficiency, and reduce offshore emissions. A future Engineering, Procurement, and Construction (EPC) contract is expected to be awarded to SLB OneSubsea pending a final investment decision.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 1:03 pm

MU

NVDA

Nvidia Corp (NASDAQ:NVDA) shares are trading lower on Thursday in sympathy with Micron Technology Inc (NASDAQ:MU) after Micron reported its third-quarter financial results and issued guidance. Nvidia's shareholders approved all resolutions, including a 60% increase in CEO Jensen Huang's compensation package for the 2024 fiscal year. Huang credited Nvidia's success in AI chips to a strategic bet over a decade ago. Nvidia aims to create new markets for its AI technology and plans to partner with major computer makers and cloud providers.

Portfolio Pulse from Anusuya Lahiri

June 27, 2024 | 12:49 pm