Streetbeat News

Partnerships

SISI

Shineco's subsidiary, Shangkang Life Science, has entered into a strategic cooperation with Turing Video to develop smart medical products and innovative health solutions.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 1:01 pm

GWRE

Columbia Insurance Group has partnered with Guidewire and selected InsuranceSuite to enhance its core business operations, streamline IT, and provide greater value to agents, policyholders, and employees.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 12:56 pm

CHRW

TFIN

Triumph Financial and C.H. Robinson have announced a strategic relationship to deliver innovative payment solutions to the transportation industry. C.H. Robinson will join the TriumphPay Network, enhancing payment experiences for brokers, shippers, factors, and carriers.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 12:45 pm

AMC

GME

The Reddit group r/wallstreetbets, known for the GameStop and AMC short squeezes, is now focusing on investment opportunities in the Indian stock market. A detailed thesis on the subreddit highlights India's economic growth, young population, and increasing number of college students as key factors for potential gains.

Portfolio Pulse from Rounak Jain

June 17, 2024 | 12:44 pm

KNSA

Kiniksa Pharmaceuticals (NASDAQ:KNSA) is sponsoring the American Heart Association's initiative to improve the quality of care for recurrent pericarditis. The initiative aims to enhance diagnosis and management practices across 15 healthcare sites.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 12:37 pm

BX

MA

WFC

Wells Fargo's co-branded credit card with Bilt Technologies faces financial challenges, costing the bank up to $10 million monthly. The card, popular among young adults for rent payments, has not met profitability expectations, leading to halted new co-branded card programs and renegotiations with Bilt.

Portfolio Pulse from Vandana Singh

June 17, 2024 | 12:27 pm

SDA

SunCar Technology Group Inc. (NASDAQ:SDA) has announced a strategic collaboration with Ping An Property & Casualty Insurance Co., Ltd. (Shenzhen Branch) to enhance airport pickup services for Ping An's high-value clients. This partnership marks the seventh Ping An branch to join SunCar's premium service network.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 12:18 pm

MRCY

Mercury Systems and Green Hills Software have entered the verification phase to provide DO-178C and AC 20-193 airworthiness evidence for the INTEGRITY-128 tuMP safety-critical real-time operating system.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 12:17 pm

CIBR

CSCO

VLUE

Cisco Systems Inc (NASDAQ:CSCO) is partnering with Taiwan to establish a cybersecurity center and expand the cybersecurity workforce. This initiative is part of Cisco's 'Taiwan Digital Acceleration Plan 3.0' and aims to address local and global cybersecurity needs. The company also plans to advance digital technologies in various sectors in Taiwan. Cisco stock has lost over 11% in the last 12 months, and investors can gain exposure via First Trust NASDAQ Cybersecurity ETF (NASDAQ:CIBR) and IShares MSCI USA Value Factor ETF (BATS:VLUE).

Portfolio Pulse from Shivani Kumaresan

June 17, 2024 | 12:14 pm

BTCUSD

COIN

A significant Bitcoin and blockchain roundtable organized by U.S. Congressman Ro Khanna will take place in Washington D.C. in early July. The event will feature key officials from the Biden Administration, members of Congress, and Mark Cuban. This meeting is seen as a response to former President Donald Trump's recent endorsements of Bitcoin. The Biden Administration has historically taken a critical stance towards Bitcoin, but this roundtable could signal a potential shift in Washington's approach to the crypto industry.

Portfolio Pulse from Murtuza Merchant

June 17, 2024 | 12:10 pm