Streetbeat News

Partnerships

CARM

Carisma Therapeutics shares are trading higher after the company announced the nomination of the first in vivo CAR-M development candidate for hepatocellular carcinoma under collaboration with Moderna.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 11:00 am

COSM

Cosmos Health shares are trading higher after the company signed an exclusive distribution agreement with Pharmalink for its Sky Premium Life products in the UAE, with an initial purchase order for 130,000 units.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 11:00 am

AAPL

INTC

Rain AI, a startup backed by Sam Altman, has appointed former Apple chip executive Jean-Didier Allegrucci to lead its hardware engineering. This move is part of Rain AI's efforts to develop innovative, energy-efficient AI semiconductors. The company is exploring in-memory compute technology to enhance AI models.

Portfolio Pulse from Benzinga Neuro

June 28, 2024 | 9:54 am

BIIB

Eisai and Biogen have launched their Alzheimer's drug LEQEMBI in China. The drug, which targets amyloid-beta aggregates, is the first approved treatment to reduce disease progression and cognitive decline. Eisai is leading the distribution and awareness efforts in China, collaborating with health insurance companies and online health platforms.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 7:12 am

COIN

USDCUSD

Coinbase Global Inc. (NASDAQ:COIN) and Stripe have announced a strategic partnership to enhance cryptocurrency payment solutions. Stripe will integrate Coinbase's Layer 2 network, Base, into its crypto payout products, while Coinbase will incorporate Stripe as a payment method. This collaboration aims to streamline crypto transactions and expand the use of stablecoin USD Coin (USDC).

Portfolio Pulse from Aniket Verma

June 28, 2024 | 3:57 am

CHWY

DJT

NKE

PLTR

TSLA

Major U.S. stock indices closed positively on Thursday. Key stocks on investors' radars included Trump Media & Technology Group, Palantir Technologies, Nike, Chewy, and Tesla. Trump Media shares declined, Palantir rose due to a strategic partnership, Nike saw a slight increase despite a revenue drop, Chewy declined slightly, and Tesla rose following optimistic comments from Elon Musk.

Portfolio Pulse from Benzinga Neuro

June 28, 2024 | 3:01 am

ESGR

Enstar Group has signed an adverse development cover agreement with Insurance Australia Limited. This agreement is expected to provide financial protection and stability for both companies.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 9:52 pm

OPTT

TDY

Ocean Power Technologies (OPTT) shares surged 35.56% after hours following the announcement of an Original Equipment Manufacturer agreement with Teledyne Marine, a division of Teledyne Technologies (TDY). The partnership aims to enhance Ocean Power's product offerings and drive innovation in the maritime solutions sector.

Portfolio Pulse from Adam Eckert

June 27, 2024 | 9:37 pm

OPTT

Ocean Power Technologies (OPTT) has signed an Original Equipment Manufacturer (OEM) agreement with Teledyne Marine. This strategic partnership aims to enhance OPT's product offerings and drive innovation within the industry, providing customers with a turnkey system.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 9:03 pm

OII

Oceaneering International, Inc. (OII) has secured multiple contractual agreements for vessel services with global energy companies, focusing on operations in the Gulf of Mexico.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 9:02 pm