Streetbeat News

Partnerships

QCOM

Qualcomm shares are trading higher due to strength in chip stocks and a report suggesting it may be the exclusive SoC supplier for the Samsung Galaxy S25.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 1:38 pm

CART

SBH

Sally Beauty Holdings, Inc. (NYSE:SBH) and Instacart (NASDAQ:CART) have announced a nationwide partnership to offer same-day delivery from over 2,200 Sally Beauty store locations. Customers can now receive products in as fast as an hour.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 1:34 pm

FXI

IMAX

IMAX is expanding its presence in China and anticipates an increase in Hollywood releases, which could positively impact its business.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 1:34 pm

UAVS

AgEagle Aerial Systems Inc. (NYSE: UAVS) has secured a $2 million purchase order to deliver 20 eBee VISION full-stack systems to a leading distributor in the UAE for fiscal year 2024. This order supports their defense and security strategy.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 1:34 pm

DNUT

MCD

Krispy Kreme (NASDAQ:DNUT) has launched new 'F.R.I.E.N.D.S'-themed doughnuts exclusively in the UK, causing disappointment among US fans. The company faces stock challenges, down 15.97% over the past year, but is banking on its partnership with McDonald's (NYSE:MCD) to improve prospects. Market concerns include the impact of the Ozempic weight loss trend on sugary treat demand.

Portfolio Pulse from Surbhi Jain

June 18, 2024 | 1:33 pm

BAM

Brookfield Asset Management Ltd. (NYSE:BAM) held its Annual Meeting of Shareholders on June 7, 2024. Key highlights include strong financial performance, significant capital raising and deployment, and strategic growth plans. All proposed resolutions were passed, and a 19% dividend increase was announced.

Portfolio Pulse from Tornado

June 18, 2024 | 1:30 pm

C

Citi's CFO expressed optimism about the bank's ability to secure deals in the tech and healthcare sectors during a recent presentation.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 1:28 pm

QCOM

Qualcomm Inc. (NASDAQ:QCOM) has seen a significant stock surge due to a new partnership with Samsung for the Galaxy S25, which will exclusively feature Qualcomm's next-generation chipset. This move, along with other growth drivers, has propelled Qualcomm's stock higher.

Portfolio Pulse from Surbhi Jain

June 18, 2024 | 1:25 pm

APDN

Applied DNA Sciences has partnered with GenXys Health Care Systems to enhance precision prescribing using the TR8 Pharmacogenomic Test. This collaboration aims to improve patient outcomes and reduce healthcare costs through data-driven genetic analysis.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 1:11 pm

LEXX

Lexaria Bioscience has hired a Contract Research Organization (CRO) to oversee a 12-week study on its DehydraTECH-GLP-1 formulations. The major objectives of the study include weight loss and blood sugar reduction.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 1:06 pm