Streetbeat News

Partnerships

AAPL

GOOG

META

Mark Zuckerberg, CEO of Meta Platforms Inc. (NASDAQ:META), is seeking public opinion on AI-generated outfits using Meta's latest AI model, Llama 3.1. This initiative aligns with Meta's broader AI ambitions, aiming to compete with tech giants like Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) and Apple Inc. (NASDAQ:AAPL). Meta has also acquired a 5% stake in EssilorLuxottica, the parent company of streetwear brand Supreme.

Portfolio Pulse from Benzinga Neuro

July 24, 2024 | 8:19 am

IRM

Solera announced that its Roadnet Anywhere solution is being implemented by Iron Mountain, a global leader in storage and information management services.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:02 am

GE

GE Aerospace announced that EVA Air has placed an order for GEnx engines to power their recently purchased Boeing 787-10 Dreamliner aircraft.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:01 am

NVDA

Nvidia has approved the use of Samsung's HBM3 chips in its AI processors for the Chinese market, specifically in the H20 GPU designed to comply with U.S. export controls. This move aims to diversify Nvidia's supplier base amid a shortage of advanced GPUs and ongoing U.S. export restrictions.

Portfolio Pulse from Benzinga Neuro

July 24, 2024 | 7:26 am

ADEA

Adeia and Hamamatsu Photonics have entered into a long-term hybrid bonding license agreement. This new license supplements Hamamatsu's existing license to Adeia's DBI® and ZiBond® technologies and follows a prior development license that included DBI Ultra® technology transfer.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 7:13 am

RTX

Freebird Airlines has chosen Collins Aerospace, a business unit of RTX (NYSE:RTX), to implement a suite of digital solutions aimed at enhancing proactive maintenance and operational efficiency for its A320 fleet.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 6:26 am

BIDU

GOOGL

META

MSFT

ONEI

DeepL, a German AI translation startup backed by Mark Zuckerberg's family office, has introduced traditional Chinese as a new language option, targeting markets in Taiwan and Hong Kong. This expansion aims to compete with major tech firms like Google, Microsoft, Baidu, and Tencent. DeepL also plans to develop a spoken language translation product.

Portfolio Pulse from Benzinga Neuro

July 24, 2024 | 4:33 am

TSLA

Elon Musk initiated a poll on X, formerly Twitter, asking if Tesla should invest $5 billion in his AI company, xAI. The poll is intended to gauge public opinion before seeking board and shareholder approval. Currently, over 70% of voters support the investment. Additionally, Tesla reported a 2% year-over-year increase in Q2 revenue, surpassing estimates, but its stock fell 7.8% in after-hours trading.

Portfolio Pulse from Ananya Gairola

July 24, 2024 | 1:46 am

FTI

TechnipFMC has been awarded a contract valued between $250M and $500M by Petrobras for the supply of flexible pipes for pre-salt fields offshore Brazil. The contract includes design, engineering, and manufacturing for water injection and gas lift, and will be recognized in Q2 2024 inbound orders.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 8:31 pm

TSCO

XPON

Expion360 announced that their products are now available online at Tractor Supply. This partnership could potentially increase sales and market reach for both companies.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 8:15 pm