Streetbeat News

Partnerships

QBTS

ZPTA

Zapata AI and D-Wave Quantum have announced an expanded partnership to accelerate the development and delivery of generative AI platforms. This collaboration aims to leverage the strengths of both companies in quantum computing and AI to create advanced solutions.

Portfolio Pulse from Benzinga Newsdesk

July 08, 2024 | 10:50 am

SPIR

Spire Global, Inc. (NYSE:SPIR) has secured a CA$1.41 million contract from the Government of Canada for ship tracking data, with the potential to expand the contract value to CA$4.23 million over three years.

Portfolio Pulse from Benzinga Newsdesk

July 08, 2024 | 10:49 am

AAPL

Apple is reconsidering plans to manufacture iPads and AirPod cases in India, driven by the Indian government's initiative to attract more supply chains. The company is ramping up local production of iPhones and exploring partnerships with Jabil and Foxconn for AirPod components.

Portfolio Pulse from Nivedita Hazra

July 08, 2024 | 9:42 am

UXIN

Uxin Limited (NASDAQ: UXIN) has announced a strategic partnership with Zhengzhou Airport Industry to form a joint venture, Uxin (Zhengzhou) Intelligent Remanufacturing Co., Ltd. Uxin will contribute RMB120 million, while Zhengzhou Airport Industry will contribute RMB50 million. The joint venture aims to establish a new used car super store in Zhengzhou, promoting the automotive aftermarket industry in Henan Province.

Portfolio Pulse from Benzinga Newsdesk

July 08, 2024 | 9:09 am

KDDIY

NTTYY

SFBQF

SFTBF

Japanese telecom giants NTT, KDDI, and SoftBank are venturing into space to build high-speed wireless networks. NTT plans to launch an airborne base station by 2026, while KDDI aims to establish a telecom network between Earth and the moon by 2028. SoftBank is also working on HAPS development and satellite-based telecom services.

Portfolio Pulse from Benzinga Neuro

July 08, 2024 | 6:26 am

AAPL

GOOG

GOOGL

MSFT

Apple Inc. (NASDAQ:AAPL) has made significant moves this week, including a strategic shift towards AI, an observer role at OpenAI, an extended iPhone settlement deadline, rumors of major changes for the next-gen Vision Pro, and a potential AI partnership with Google.

Portfolio Pulse from Benzinga Neuro

July 07, 2024 | 11:29 am

COIN

PLTR

PYPL

The Enhanced Games, an Olympics-style event permitting doping and supported by Peter Thiel, aims to raise $300 million in funding. Thiel co-founded Palantir Technologies Inc. (NYSE:PLTR) and PayPal Holdings, Inc. (NASDAQ:PYPL). The event has faced criticism from the International Olympic Committee and anti-doping authorities.

Portfolio Pulse from Nabaparna Bhattacharya

July 06, 2024 | 5:30 pm

RIVN

Rivian Automotive (NASDAQ:RIVN) has canceled its 7-day vehicle return policy, urging customers to test drive and do walk-arounds instead. This move is part of Rivian's cost-cutting measures as it aims to turn its first-ever quarterly gross profit in Q4 2024. The company is also forming a joint venture with Volkswagen to create software-defined vehicle platforms.

Portfolio Pulse from Anan Ashraf

July 06, 2024 | 8:01 am

GRUSF

Grown Rogue International Inc. (OTC:GRUSF) has entered a secured drawdown promissory note agreement with ABCO Garden State, LLC, a New Jersey licensed cultivator. Grown Rogue now owns 44% of ABCO and has an option to acquire an additional 26%, subject to regulatory approval. The company will lend up to $3,000,000 to support ABCO's construction and working capital needs. New Jersey's cannabis market is growing rapidly, with sales reaching over $800 million in 2023.

Portfolio Pulse from Nina Zdinjak

July 05, 2024 | 8:52 pm

SOLUSD

Multicoin Capital has announced a $1 million match for donations made in Solana (SOL) tokens to the Sentinel Action Fund (SAF) to support pro-crypto Senate candidates. This initiative aims to amplify contributions and support candidates who advocate for responsible crypto innovation.

Portfolio Pulse from Murtuza Merchant

July 05, 2024 | 8:25 pm