Streetbeat News

Partnerships

CURLF

Benzinga Cannabis, in partnership with Curaleaf's Rooted In Good, has announced the finalists for the 2024 Canna Founders Pitch Competition. The event will take place on June 17, 2024, in New Brunswick, New Jersey, and features five innovative cannabis companies: Bada Bloom Inc., Jades Elevation, TLEHL, The White Oak Bridge, and CannPowerment. The competition offers significant prizes and exposure opportunities for the participants.

Portfolio Pulse from Javier Hasse

June 13, 2024 | 4:27 pm

IPW

iPower shares are trading higher after the company announced it was approved as a Temu U.S. Seller.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 4:27 pm

LNGG

LNGZ

NextDecade Corporation (NASDAQ:NEXT) has signed a non-binding Heads of Agreement with Aramco for a 20-year LNG supply deal. Aramco plans to buy 1.2 million tonnes per annum of LNG from Train 4 at the Rio Grande LNG Facility. The deal is contingent on a positive Final Investment Decision expected in the second half of 2024. NextDecade shares are trading higher following the announcement.

Portfolio Pulse from Lekha Gupta

June 13, 2024 | 3:55 pm

BRTX

CADL

BioRestorative Therapies (NASDAQ:BRTX) shares surged 29% after the company announced licensing discussions with an undisclosed regenerative medicine company for its ThermoStem Metabolic Disease Program. Research with the University of Utah School of Medicine shows potential for treating obesity and metabolic disorders.

Portfolio Pulse from Dylan Berman

June 13, 2024 | 3:52 pm

ZAPP

Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP) shares surged after the company signed a memorandum of understanding with Bounce Electric 1 Private for manufacturing and distributing the i300 in India. This partnership is expected to accelerate Zapp's commercial rollout in India, Europe, and Thailand.

Portfolio Pulse from Erica Kollmann

June 13, 2024 | 3:20 pm

STSS

Sharps Technology Inc. (NASDAQ:STSS) shares surged after the company signed a $30 million purchase order with Nephron Pharmaceuticals. This order is part of a larger five-year, $200 million syringe sales agreement. The deal is expected to close by the end of July.

Portfolio Pulse from Erica Kollmann

June 13, 2024 | 3:14 pm

CHPT

ChargePoint Holdings, Inc. (NYSE:CHPT) has partnered with Porsche Cars North America to integrate charging services, increasing the number of chargers available to Porsche customers to over 100,000 across North America. Despite this positive development, CHPT shares are trading lower by 3.33% to $1.75.

Portfolio Pulse from Nabaparna Bhattacharya

June 13, 2024 | 3:12 pm

SHOP

SOL

Shopify merchants can now accept payments in hundreds of cryptocurrencies through an upgraded Solana Pay plugin by Helio. This integration aims to enhance the payment experience and customer loyalty programs, offering low-fee transactions and real-time conversions to stablecoins. The plugin has processed $50 million in transactions in its first six months, saving merchants over $1 million in fees. Notable brands like Solana Mobile and Hivemapper are early adopters.

Portfolio Pulse from Murtuza Merchant

June 13, 2024 | 3:05 pm

ORCL

Panasonic Information Systems has selected Oracle Exadata Database Service on OCI for its internal systems, migrating over 2,000 database environments across the Panasonic Group. The first phase of the migration has achieved a 50% reduction in database infrastructure costs.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 3:00 pm

AMZN

BRK

DUK

GOOGL

MSFT

NUE

Alphabet Inc. (GOOGL) has signed an agreement with Berkshire Hathaway's NV Energy to supply its Nevada data centers with geothermal electricity, increasing its carbon-free power from 3.5 MW to 115 MW over six years. This move aligns with Google's goal to run entirely on clean energy by 2030. Similar deals have been made by Duke Energy (DUK) with Amazon (AMZN), Google, Microsoft (MSFT), and Nucor (NUE) to support carbon-free energy in the Carolinas.

Portfolio Pulse from Lekha Gupta

June 13, 2024 | 2:59 pm