Streetbeat News

Partnerships

MGM

MGM Resorts International shares are trading higher following the announcement of a strategic partnership with Playtech to offer new live casino content to operators in the iGaming industry.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 3:58 pm

BITW

ETHUSD

Pantera Capital is considering a $100 million investment in Bitwise's spot Ethereum ETF, pending regulatory approval. The investment could significantly impact the market, potentially increasing interest in Ethereum and other crypto assets.

Portfolio Pulse from Murtuza Merchant

June 20, 2024 | 3:35 pm

STC

Stewart Title National Commercial Services has launched a National Hospitality Group to improve client-centered services in hospitality transactions.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 3:03 pm

AOSL

Alpha and Omega Semiconductor Ltd (AOSL) is expected to become a new GB200 supplier and benefit significantly from Nvidia's certification process change, according to a post by Ming-Chi Kuo on X.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 3:00 pm

GEHC

GE HealthCare and MediView XR have announced the first installation and clinical use of the OmnifyXR Interventional Suite at North Star Vascular and Interventional in Minnesota. The suite features a heads-up holographic display designed to transform interventional procedures by combining live medical imaging, 3D anatomy visualization, and advanced imaging technologies with remote collaboration capabilities.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 2:48 pm

VUZI

Vuzix has announced a strategic partnership with Avegant to develop optimized waveguide optical modules for AI-enabled smart glasses. This collaboration will integrate Avegant's compact LCoS AG-30L2 light engine with Vuzix's next-generation incognito-enabled waveguide.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 2:46 pm

LHX

RGTI

ZPTA

Zapata AI has published and presented research findings to DARPA from Phase II of the Quantum Benchmarking Program. The collaboration with Rigetti Computing, USC, HRL Laboratories, and L3Harris highlights the economic value of quantum computing use cases and hardware-specific resource requirements. Zapata AI is the only company participating across all program tracks.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 2:40 pm

CCG

NIO

Cheche Group Inc. (NASDAQ:CCG) shares surged after announcing a partnership with NIO Insurance Broker, a unit of NIO Inc. (NYSE:NIO). The collaboration aims to streamline NIO's auto insurance process using Cheche's digital platform. Cheche's NEV insurance business has seen significant growth, and the company plans further expansion by securing more agreements with NEV manufacturers.

Portfolio Pulse from Nabaparna Bhattacharya

June 20, 2024 | 2:35 pm

FXI

SPY

U.S. Treasury Secretary Janet Yellen stated that it is inappropriate to remove U.S. tariffs on China as they have not addressed U.S. concerns. Additionally, the U.S. has upgraded its relationship with Vietnam, which continues to maintain a policy of working with various countries.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 2:34 pm

UMAV

Atlantic Industrial Group has secured a license from UAV Corp to manufacture advanced high-altitude lighter-than-air vehicles. The companies also plan to co-develop manufacturing facilities on the Gulf Coast.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 2:20 pm