Streetbeat News

Partnerships

CSLLY

MRNA

The US Department of Health and Human Services (HHS) announced that eight laboratories have signed royalty-free agreements for H5N1 tests. Moderna has a deal that allows it to pivot to other pandemic threats, though it's too early to determine its vaccine production capacity. The first H5N1 vaccines from CSL Seqirus are expected to be ready by mid-July.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 2:58 pm

OPTT

Ocean Power Technologies (OPTT) shares surged 62.9% after announcing a partnership with Unique Group to deploy autonomous vehicle services in the Middle East. The collaboration aims to expedite the adoption of USVs in the UAE and other Gulf countries. Additionally, OPTT recently signed an agreement with Teledyne Marine to enhance its product offerings.

Portfolio Pulse from Nabaparna Bhattacharya

July 02, 2024 | 2:51 pm

LINRF

Liontown Resources has entered a $250 million strategic partnership with LG Energy Solution to secure lithium supply. The deal includes a 15-year supply agreement and potential development of a lithium refinery. Liontown's stock rose over 7% on the news.

Portfolio Pulse from Stjepan Kalinic

July 02, 2024 | 2:39 pm

SIDU

Sidus Space, Inc. (NASDAQ:SIDU) and NASA Stennis Space Center successfully completed the primary objectives of the NASA ASTRA payload mission on July 1, 2024. This milestone marks significant progress in the development of autonomous systems for aerospace applications.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 2:08 pm

EWY

IBKR

Interactive Brokers has launched a Eurex/KRX link with extended trading hours for Korean KOSPI 200 derivatives. This move aligns trading opportunities across Korean, US, and European time zones, providing seamless access for investors.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 2:03 pm

AMZN

TIGO

Millicom has entered into a new agreement with Amazon Web Services (AWS) to enhance its cloud services offering through Tigo Business. This partnership aims to meet the growing demand and support digital transformation across nine Latin American countries.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 2:01 pm

NWS

LSEG and Dow Jones have announced a multi-year partnership to integrate Dow Jones's news and analytics into LSEG's Workspace platform. This collaboration will enhance both LSEG's and Dow Jones's offerings, providing premium subscribers with extensive news coverage and data analytics.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 2:01 pm

JFBR

Jeff's Brands shares are trading higher after the company announced an LOI with an Oman partner for the exclusive distribution of its pest control products in the Gulf States.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 2:01 pm

EBS

Emergent Biosolutions shares are trading higher after the company announced it has received more than $250 million in contract modifications from the Administration for Strategic Preparedness and Response at the Department of Health and Human Services.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 1:57 pm

ACHR

Archer Aviation shares are trading higher after the company announced it received an additional $55 million investment from Stellantis following its recent flight test milestone.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 1:48 pm