Streetbeat News

Partnerships

VLD

Mears Machine Corporation has purchased a third Velo3D Sapphire XC metal 3D printer to enhance its additive manufacturing capabilities, particularly for defense-related programs. This move highlights Mears Machine's commitment to advanced manufacturing technologies.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 1:10 pm

TOON

Kartoon Studios (NYSE:TOON) announced a new Winnie-The-Pooh business initiative, backed by $30 million in non-dilutive production funding. The company has appointed a team of experienced executives to lead the development, production, and global distribution strategy for the property.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 1:06 pm

SOLV

Solventum (NYSE:SOLV) has introduced a new AI-driven payment integrity and revenue cycle solution, Solventum™ Revenue Integrity System, in collaboration with Sift Healthcare. This solution aims to help health systems reduce and prevent denials, ensuring timely and accurate payer reimbursement.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 1:04 pm

RXRX

Helix and Recursion Pharmaceuticals have entered a multi-year agreement to leverage Helix's clinico-genomic data for AI-driven drug discovery. This partnership aims to enhance the creation and training of AI models in the field of precision medicine.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 1:03 pm

SHOP

Shopify shares are trading higher after the company announced a partnership with Target.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 1:02 pm

VVX

V2X has been awarded a $265 million contract to maintain operations at NASA's Johnson Space Center and provide technical support at the Sonny Carter Training Facility's Neutral Buoyancy Laboratory until 2033.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 1:01 pm

HUBC

HUB Cyber Security Ltd. (NASDAQ:HUBC) announced securing two deals with governmental entities, emphasizing its strategic expansion and enhancement of offerings. The company expects significant progress in its secure data fabric vertical by the end of the next quarter and plans to release its annual financial reports soon.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:59 pm

LDOS

LNG

ORCL

XLV

On CNBC's 'Halftime Report Final Trades,' analysts discussed their top stock picks. Oracle Corporation (NYSE:ORCL) plans to invest over $1 billion in AI and cloud computing in Spain but missed Q4 revenue and earnings estimates. The Health Care Select Sector SPDR Fund (NYSE:XLV) was recommended by Shannon Saccocia. Cheniere Energy, Inc. (NYSE:LNG) announced a $4 billion increase in its repurchase program and a 15% dividend hike. Leidos Holdings, Inc. (NYSE:LDOS) received a $738 million contract and reported strong Q1 results.

Portfolio Pulse from Avi Kapoor

June 24, 2024 | 12:59 pm

SHOT

Safety Shot, Inc. (NASDAQ:SHOT) has announced a partnership with professional boxer Ryan Garcia, who will serve as a brand ambassador to promote their beverage.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:44 pm

ZPTA

Zapata AI has joined the KT Consortium to collaborate with leading chemical and biochemical manufacturers such as Henkel, Mitsubishi Chemical, and Syngenta. The collaboration aims to accelerate chemical compound development and manufacturing using advanced technologies like optimization, virtual sensors, predictive modeling, and generative AI.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:40 pm