Streetbeat News

Partnerships

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

ACN

BTCUSD

DOGEUSD

ETHUSD

NVDA

VANEX

Ethereum surged while Bitcoin and Dogecoin remained volatile as the market celebrated a legal victory over the SEC. Nvidia continued its gains, and Accenture's stock rose after a strong Q3 report. Circle's CEO expressed bullish sentiments on Bitcoin and stablecoins. The first-ever Bitcoin spot ETF started trading in Australia, giving investors exposure to the US-based VanEck fund. In the tech sector, Nvidia and Hewlett Packard announced a partnership to dominate the enterprise AI market.

Portfolio Pulse from Akanksha Bakshi

June 20, 2024 | 2:12 pm

IDAI

Trust Stamp has integrated its AI-powered solutions with Mastercard's Sandbox as a Service. This collaboration allows Mastercard member banks and financial institutions to drive innovation and validate solutions with third-party providers through an integrated fintech ecosystem.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 2:01 pm

DELL

SMCI

Dell Technologies Inc (NYSE:DELL) shares are trading higher after Elon Musk and Dell CEO Michael Dell announced that Dell is assembling half of the racks for an xAI supercomputer. Super Micro Computer Inc (NASDAQ:SMCI) will also provide servers for the supercomputer. Both companies are increasing server capacity to support AI programs.

Portfolio Pulse from Adam Eckert

June 20, 2024 | 1:29 pm

APDN

Applied DNA Sciences (APDN) and Alphazyme have successfully concluded a project to scale up the manufacturing of Linea RNAP, resulting in significant economic improvements for the Linea IVT platform.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 1:26 pm

AMK

MORN

AssetMark has announced a strategic alliance with Morningstar Wealth, acquiring $12 billion in assets from Morningstar Wealth's turnkey asset management platform. This move will allow financial advisors and clients to access AssetMark's platform with seamless account migration.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 1:20 pm

VMAR

Vision Marine Technologies (VMAR) has partnered with JetRide to capitalize on the expanding electric boat rental market. This collaboration aims to enhance the availability and adoption of electric boats, aligning with the growing demand for sustainable recreational activities.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 1:20 pm