Streetbeat News

Partnerships

IDGT

NOK

QTUM

Nokia (NYSE:NOK) has announced a collaboration with Telecom Egypt to introduce 5G technology in Egypt, deploying its AirScale 5G RAN equipment. This move is expected to enhance connectivity and network performance across major Egyptian cities. Additionally, Nokia is acquiring Infinera and selling Alcatel Submarine Networks. Investors can gain exposure to Nokia through IShares U.S. Digital Infrastructure And Real Estate ETF (NYSE:IDGT) and Defiance Quantum ETF (NYSE:QTUM).

Portfolio Pulse from Lekha Gupta

July 15, 2024 | 9:56 am

DJT

Trump Media & Technology Group Corp. (NASDAQ:DJT) surged over 60% in pre-market trading following a shooting incident at a Republican rally in Pennsylvania. The incident has increased the odds of a Trump victory, which is seen as positive for the company. Trump owns a 64.9% stake in TMTG, which went public in March after merging with Digital World Acquisition Corp.

Portfolio Pulse from Shanthi Rexaline

July 15, 2024 | 9:54 am

E

Eni and ITQuanta have announced a joint venture, Eniquanti, to develop an integrated hardware and software quantum machine aimed at solving complex problems and supporting the energy transition.

Portfolio Pulse from charles@benzinga.com

July 15, 2024 | 9:15 am

CVU

RTX

CPI Aerostructures (NYSE: CVU) has delivered the first pod structure of the Low Rate Initial Production 3 (LRIP 3) for the Next Generation Jammer Mid-Band (NGJ-MB) program to Raytheon (RTX Corporation). The contract has a maximum value of $32.6 million, with deliveries expected through mid-2025.

Portfolio Pulse from Benzinga Newsdesk

July 08, 2024 | 12:15 pm

CRL

Charles River Laboratories International, Inc. (NYSE:CRL) and AAVantgarde have signed a CDMO agreement to produce GMP plasmid DNA for AAVantgarde's Stargardt's disease program. This collaboration leverages Charles River's expertise in manufacturing and AAVantgarde's proprietary AAV vector platforms.

Portfolio Pulse from Benzinga Newsdesk

July 08, 2024 | 12:12 pm

BBY

NIU

Niu Technologies (NASDAQ:NIU) has announced a large-scale retail expansion to over 800 Best Buy stores across the U.S. This move aims to accelerate the adoption of NIU's electric kick-scooters and e-bikes. Consumers can now purchase these products in-store, online, and via the Best Buy Mobile App.

Portfolio Pulse from Benzinga Newsdesk

July 08, 2024 | 12:07 pm

QUIK

QuickLogic has been awarded a $5.26 million contract, marking the third tranche of the Strategic Radiation Hardened Contract initiated in August 2022. QuickLogic will continue as the Prime Contractor, collaborating with Honeywell Aerospace and Everspin Technologies.

Portfolio Pulse from Benzinga Newsdesk

July 08, 2024 | 12:06 pm

KULR

KULR Technology Group, Inc. (NYSE:KULR) has secured a $400,000 contract from NASA for automated battery cell testing, with total orders expected to reach $2 million over several quarters. The contract is part of NASA's Artemis Program, which requires stringent certification for lithium-ion cells used in manned space missions.

Portfolio Pulse from Benzinga Newsdesk

July 08, 2024 | 12:06 pm

SHOT

Safety Shot has terminated its partnership with boxer Ryan Garcia due to allegations of discrimination. The CEO emphasized the company's zero-tolerance policy and commitment to core values.

Portfolio Pulse from Benzinga Newsdesk

July 08, 2024 | 12:06 pm

CVLT

Commvault has appointed Jennifer DiRico, a former executive at Toast, as its new Chief Financial Officer. The current CFO, Gary Merrill, will transition to the role of Chief Commercial Officer, focusing on global sales and partnerships.

Portfolio Pulse from Benzinga Newsdesk

July 08, 2024 | 12:03 pm