Streetbeat News

Partnerships

TSLA

XPEV

Chinese EV maker Xpeng Inc. (NYSE:XPEV) offered Tesla CEO Elon Musk a test drive of its advanced driver assistance system, XNGP, after Xpeng CEO He Xiaopeng tested Tesla's full self-driving (FSD) technology in the U.S. Musk acknowledged the competitiveness of Chinese automakers. The exchange highlights the ongoing competition and collaboration in autonomous driving technology between the two companies.

Portfolio Pulse from Anan Ashraf

June 21, 2024 | 12:03 pm

KRKR

36Kr Holdings shares are trading higher following the announcement of a strategic partnership with SenseTime.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 11:49 am

KRKR

36Kr Holdings has partnered with SenseTime to integrate advanced AI technologies into its media content production, aiming to enhance efficiency and reduce costs. This collaboration will enable 36Kr to offer innovative AI-driven products and expand its customer base, boosting its commercialization capabilities.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 11:34 am

VERI

Veritone has been selected by World Horse Racing as its exclusive digital asset management provider. This partnership is expected to enhance Veritone's market position in the digital asset management space.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 11:22 am

PVH

PVH Corp. announced that its unit, Tommy Hilfiger, has entered into a milestone global partnership with the U.S. SailGP Team. The partnership will commence with the league's 2025 season.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 11:20 am

AAPL

AMZN

SAN

Banco Santander is nearing a deal with Amazon to provide consumer loans for European buyers, starting in Germany. This partnership aims to boost Santander's digital consumer finance business and is expected to generate significant revenue. Santander recently announced a similar deal with Apple.

Portfolio Pulse from Shivani Kumaresan

June 21, 2024 | 11:13 am

PLUG

Plug Power has secured a 25 MW PEM electrolyzer deal with a major European customer, involving five of its 5 MW containerized PEM electrolyzers. This deal highlights Plug Power's expertise in deploying and operating PEM electrolyzer systems globally.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 11:03 am

VGZ

WPM

Vista Gold Corp. has received a $10 million final installment payment from Wheaton Precious Metals under a royalty agreement related to Vista's Mt Todd Gold Project in Northern Territory, Australia.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 10:51 am

EL

Estee Lauder Companies is expanding its reach by launching Bumble and bumble products in the U.S. Amazon Premium Beauty store. This move aims to bring high-performing hairstyling products to a broader audience, with Prime members benefiting from fast, free shipping.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 10:49 am

IWM

RKLB

XAR

Rocket Lab USA (NASDAQ:RKLB) launched its 50th Electron mission, deploying satellites for French IoT company Kinéis. The stock is trading higher on Friday. The mission is the first of five dedicated launches for Kinéis, backed by CNES and CLS, to improve global IoT connectivity. Rocket Lab has deployed 190 satellites across 50 launches for various customers, including NASA and the National Reconnaissance Office. The company also announced a ten-launch deal with Synspective. RKLB stock lost 19% in the last 12 months but is trading higher by 1.67% premarket. Investors can gain exposure via SPDR S&P Aerospace & Defense ETF (NYSE:XAR) and iShares Russell 2000 ETF (NYSE:IWM).

Portfolio Pulse from Anusuya Lahiri

June 21, 2024 | 10:22 am