Streetbeat News

Partnerships

UA

The University of Maryland and Under Armour have extended their partnership for another 12 years, solidifying their commitment to supporting student-athletes through 2036.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 2:02 pm

ACN

LHX

L3Harris (LHX) and Accenture (ACN) have announced a partnership to build a digital core aimed at enhancing innovation, service improvements, and affordability as part of L3Harris's LHX NeXt transformation initiative.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 2:01 pm

AAN

ADSK

LXRX

MIRM

OUST

PRMW

XPOF

U.S. stocks were mostly lower on Monday, with the Dow Jones index falling around 0.2%. However, several stocks saw significant gains. Aaron's shares rose 32.2% after announcing an acquisition by IQVentures Holdings. Xponential Fitness, Lexicon Pharmaceuticals, Mirum Pharmaceuticals, United Homes Group, Ouster, Lufax Holding, Primo Water, Golar LNG, Autodesk, and Wayfair also recorded notable gains.

Portfolio Pulse from Avi Kapoor

June 17, 2024 | 1:59 pm

QBTS

D-Wave and Davidson Technologies are collaborating to place a second US-based D-Wave Advantage Quantum Computer in Huntsville, AL. This initiative aims to target certification for sensitive applications using annealing quantum computing.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 1:43 pm

KSCP

Knightscope's agreement with an American hospitality company has been renewed for the third year. The company will deploy K5 Autonomous Security Robots and Risk & Threat Exposure Analyst Services in Houston and Atlanta.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 1:41 pm

TPG

TPG has announced a strategic growth investment in K2 Medical Research to expand its CNS clinical trial platform. The terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 1:33 pm

BTI

CNBS

CURLF

GTBIF

OGI

TCNNF

Tim Seymour, portfolio manager of the Amplify Seymour Cannabis ETF (NYSE:CNBS), discusses the growth potential in the cannabis sector, emphasizing the importance of strategic partnerships, operational efficiencies, and the burgeoning U.S. hemp cannabinoid market. He highlights companies like Curaleaf, Green Thumb Industries, and Trulieve for their strong market positions and governance. Seymour also notes British Tobacco's investment in Organigram as a strategic move to expand international market reach.

Portfolio Pulse from Nicolás Jose Rodriguez

June 17, 2024 | 1:26 pm

GOOGL

STGW

Stagwell announced the integration of Google Cloud and Gemini AI models into four of its popular digital marketing apps. The new AI-powered features were unveiled at the Cannes event, leveraging Google Cloud's infrastructure and AI services.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 1:15 pm

INTC

TSM

TSMC has received orders for 3nm chips from Intel for its upcoming notebook processor series, with wafer production already underway.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 1:12 pm

KDLY

KindlyMD has expanded its insurance coverage by partnering with Blue Cross Blue Shield, now providing nearly 80% statewide comprehensive insurance coverage.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 1:05 pm