Streetbeat News

Partnerships

ADEA

Adeia has entered into a multi-year license agreement with X Corp., the owner of the social media platform formerly known as Twitter. This agreement resolves all outstanding litigation between the two companies. The terms of the agreement were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 8:09 pm

IBM

MSFT

IBM and Microsoft have announced a collaboration to enhance cybersecurity for clients, focusing on modernizing security operations and protecting hybrid cloud identities. This partnership combines IBM's cybersecurity services with Microsoft's security technology.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 8:01 pm

BAESY

DRS

Leonardo DRS has delivered its 1,000th advanced sensor package for BAE Systems' 2-Color Advanced Warning System, which enhances missile warning and hostile fire detection for U.S. Army pilots and crews.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 8:00 pm

SPY

NATO will station a senior civilian official in Kyiv as part of new measures to support Ukraine, to be announced at the upcoming summit in Washington.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 7:25 pm

CBDD

CBD of Denver, Inc. (OTC:CBDD) is making strides in the German cannabis market, having excelled at the Mary Jane Berlin trade fair. The company showcased its products and tested its CheckMyWeed tool, projecting $300,000 in revenue for June 2024. They also engaged with potential cannabis club enthusiasts, collecting over 50 qualified leads.

Portfolio Pulse from Rolando García

July 01, 2024 | 7:19 pm

PARA

WBD

Paramount is in talks to explore a merger involving its streaming service, Paramount+. Warner Bros. Discovery is interested in a joint venture with Max and Paramount+. Media companies are seeking better monetization of streaming content amid losses.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 7:06 pm

CLSK

HUT

MARA

RIOT

Bitcoin miners have reduced their selling volume, potentially leading to a rally in Bitcoin prices. This could positively impact Bitcoin mining stocks such as Marathon Digital Holdings, Riot Platforms, CleanSpark, and Hut 8.

Portfolio Pulse from Khyathi Dalal

July 01, 2024 | 6:57 pm

NVDA

Nvidia VP Simona Jankowski has joined chip startup Lightmatter as CFO. Jankowski, who spent nearly seven years at Nvidia, will help Lightmatter leverage its silicon photonics technology. Nvidia shares are trading higher by 0.30%.

Portfolio Pulse from Shivani Kumaresan

July 01, 2024 | 6:29 pm

AMZN

RIVN

Rivian is accelerating the shipment of its delivery vans to Amazon in Europe, marking a significant step in their partnership and expansion into the European market.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 6:04 pm

CMCSA

FUBO

FuboTV has announced a partnership with NBCUniversal to provide multi-platform coverage of the Paris Olympics. Subscribers will have access to live daytime events, primetime shows, and extensive Olympic programming across various NBCUniversal channels and platforms.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 6:02 pm