Streetbeat News

Partnerships

SNPS

Synopsys' AI-driven digital and analog flows have achieved certification on Samsung's advanced SF2 GAA process, marking a significant milestone in semiconductor design automation.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 6:54 am

STGW

Stagwell has expanded its global reach by adding four new Asia-Pacific agencies to its affiliate network. This move enhances Stagwell's capabilities in advertising, design, digital experience, and affiliate marketing in the fast-growing Asia-Pacific region.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 6:34 am

SATS

EchoStar's Hughes JUPITER System has been selected by Skyband to enhance digital transformation for enterprises and government in Saudi Arabia. This satellite ground platform will enable Skyband to expand into new verticals, services, and applications.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 5:51 am

CDIO

NVDA

AI is being used to help cat owners in Tokyo monitor their pets' health through an app called CatsMe!, which claims to detect feline pain with over 95% accuracy. The app, developed by Carelogy and Nihon University, reflects the growing trend of AI integration in healthcare. The global AI in healthcare market is projected to reach $148.4 billion by 2029. Nvidia has also partnered with Hippocratic AI to introduce AI nurses, and Cardio Diagnostics Hldgs is using AI to prevent cardiovascular disease.

Portfolio Pulse from Ananya Gairola

June 13, 2024 | 5:51 am

MDLZ

Mondelēz International has partnered with Lotus Bakeries to expand the Biscoff brand in India and develop co-branded chocolate products in Europe. Mondelēz will manufacture, market, distribute, and sell Lotus Biscoff in India, and the companies will create new chocolate products combining Biscoff with Cadbury, Milka, and other brands.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 5:44 am

AAPL

Apple and OpenAI have announced a partnership to integrate ChatGPT into Apple's devices, with no initial cash payments involved. The collaboration aims to enhance Apple's AI capabilities and potentially drive user engagement and upgrades. Future revenue may come from subscription conversions. Apple is also exploring partnerships with other AI companies like Google and Anthropic.

Portfolio Pulse from Ananya Gairola

June 13, 2024 | 3:05 am

TXT

Textron Aviation is expanding its operations in Australia by modernizing facilities and increasing the availability of Cessna, Beechcraft, and Hawker parts. Premiair Aviation Maintenance, acquired by Textron in 2020, has been renamed Textron Aviation Australia Pty Ltd. to integrate fully into Textron's global service network.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 10:02 pm

FLOKIUSD

GME

SHIBUSD

Keith Gill, known for his role in the GameStop stock surge, has returned to social media, causing a significant increase in the value of the meme coin GME on Solana. This has led to GME on Sol being listed on multiple exchanges and achieving high trading volumes. The coin's community and new initiatives are driving its growth.

Portfolio Pulse from Justin Roberti

June 12, 2024 | 9:23 pm

RTX

NASA has awarded Raytheon a contract worth $506.7 million to provide three instruments and related services for the Landsat Next mission. The contract includes a cost-plus-award-fee base period and a cost-plus-fixed-fee option period. The work will be primarily conducted at Raytheon's facilities in El Segundo, California.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 8:52 pm

GVA

Granite has executed a long-term lease with the Port of Woodland for a new construction materials facility on a 25-acre site next to the Columbia River. This move reinforces Granite's commitment to the Southwest Washington area home market.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 8:36 pm