Streetbeat News

Partnerships

VCIG

VCI Global has announced a strategic partnership with Emerging Hub to advance a large-scale Bitcoin mining farm. The collaboration, led by industry veteran Wallace Ma, will see 6,000 Bitcoin miners in operation.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 12:40 pm

AIR

AAR CORP. (NYSE:AIR) has expanded its electronics distribution relationship with OTTO Engineering into the APAC region, enhancing its market reach beyond the Americas.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 12:40 pm

EBAY

PYPL

eBay has integrated Venmo as a checkout option, aiming to provide more flexibility and convenience for U.S. buyers, particularly targeting Gen Z and Millennials. This move is part of eBay's strategy to expand payment options and invest in digital natives.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 12:40 pm

CVX

HES

IYE

XLE

Chevron Corporation (NYSE:CVX) has initiated repair operations on its Wheatstone platform in Australia, with production expected to resume in the coming weeks. The suspension of LNG and domestic gas production at Wheatstone’s onshore facilities was due to the offshore platform’s provision of gas. Additionally, Hess Corp (NYSE:HES) has cleared a significant hurdle towards its merger. Investors can gain exposure to these stocks via SPDR Select Sector Fund – Energy Select Sector (ARCA: XLE) and IShares U.S. Energy ETF (ARCA: IYE).

Portfolio Pulse from Lekha Gupta

June 13, 2024 | 12:37 pm

IPW

iPower has been approved as a seller on Temu's U.S. platform, potentially expanding its market reach and customer base.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 12:36 pm

BP

RSG

Archaea Energy and Republic Services have launched a renewable natural gas plant in their Lightning Renewables joint venture. The Fort Wayne plant, the largest Archaea Modular Design in Indiana, processes up to 6,400 scfm of landfill gas, enough to heat over 25,000 homes.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 12:36 pm

HMC

MTSUY

Honda Motor Co., Ltd. (NYSE:HMC) is set to launch its new N-VAN e, a mini-electric vehicle designed for commercial use, in Japan on October 10, 2024. This model is part of Honda's strategy to achieve 40% of its global sales from electric and fuel cell vehicles by 2030. The N-VAN e: features advanced EV technology, a large-capacity battery, and a practical range of 245 km. Honda is also collaborating with Mitsubishi Corp. (OTC:MTSUY) on battery technologies through their joint venture ALTNA Co.

Portfolio Pulse from Shivani Kumaresan

June 13, 2024 | 12:27 pm

STKH

Steakholder Foods Ltd. (NASDAQ:STKH) has announced a strategic partnership with Sherry Herring to introduce a new line of vegan fish salads using its proprietary SHFISH™ premix blends. This collaboration aims to expand Steakholder Foods' geographic footprint, customer base, and product lineup.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 12:17 pm

AMZN

META

QCOM

Samsung Chairman Jay Y. Lee has engaged in strategic talks with Meta, Amazon, and Qualcomm to discuss potential cooperation in AI, cloud services, and semiconductors. These discussions will guide a strategic meeting for Samsung at the end of June, aiming to solidify its position in the chip market.

Portfolio Pulse from Benzinga Neuro

June 13, 2024 | 12:16 pm

BLNK

Blink Charging Co. (NASDAQ:BLNK) has achieved 'In Process' status from FedRAMP for its EV charging solutions. Once fully accredited, Blink's network will be available to U.S. government agencies. Full compliance is expected by Q3 2024.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 12:16 pm