Streetbeat News

Partnerships

SOLV

TUSK

UPS

Market-Moving News for July 23rd: UPS reports Q2 2024 earnings miss, Solventum shares rise on Trian stake report, and Mammoth Energy Services surges after subsidiary's settlement agreement.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 11:56 am

TUSK

Mammoth Energy Services shares are trading higher after the company announced its subsidiary, Cobra Acquisitions, entered into a release and settlement agreement with the Puerto Rico Electric Power Authority.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 11:52 am

MOGO

Mogo Inc. (NASDAQ:MOGO) has announced a partnership with investment strategist Tom Lee and FS Insight LLC to provide exclusive access to FSI's research and related products and services to Mogo and Moka platform members.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 11:38 am

OLLI

Ollie's Bargain Outlet Holdings, Inc. (OLLI) has partnered with fintech company Sunbit to launch a new co-branded Visa credit card. This strategic move aims to enhance customer loyalty and provide more flexible payment options.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 11:32 am

BBY

GOOG

Best Buy has announced several new features and partnerships aimed at enhancing personalized customer experiences. These include a new personalized home page, video content, experiential store spaces, and a gen AI-powered virtual assistant in partnership with Google Cloud.

Portfolio Pulse from charles@benzinga.com

July 23, 2024 | 11:17 am

EVEX

Eve Air Mobility and Siemens Smart Infrastructure have signed a Memorandum of Understanding to evaluate the electrical infrastructure and energy management services needed for scalable eVTOL operations in the United States.

Portfolio Pulse from charles@benzinga.com

July 23, 2024 | 11:12 am

SOLV

Solventum shares are trading higher following a report suggesting Trian has built a stake in the company.

Portfolio Pulse from Bill Haddad

July 23, 2024 | 11:06 am

ALTR

Altair has entered into a Memorandum of Understanding (MoU) with the University of Nottingham to develop aerospace digital twin projects. This collaboration aims to advance digital twin technology in the aerospace sector.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 11:06 am

GILT

Gilat Satellite Networks has secured over $9 million in cumulative orders from multiple satellite operators to expand global satellite communication networks.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 11:03 am

EYEN

Eyenovia has entered into a collaboration agreement with Senju Pharmaceutical to develop a potential new treatment for chronic dry eye disease. This partnership aims to leverage Eyenovia's microdose array print technology and Senju's expertise in ophthalmology.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 11:03 am