Streetbeat News

Partnerships

AAPL

GOOGL

MSFT

Google's AI features will be integrated into Honor's upcoming smartphones, including AI assistant Gemini and text-to-image tool Imagen 2. This partnership allows Honor to leverage advanced AI capabilities. Samsung has also partnered with Google Cloud for similar integrations. Meanwhile, Apple is expected to upgrade Siri with Microsoft's AI technology.

Portfolio Pulse from Anusuya Lahiri

May 22, 2024 | 2:37 pm

IYW

MSFT

XLK

Microsoft and G42 are investing $1 billion in Kenya to transform its digital landscape. The initiative includes building a green data center, enhancing digital skills, and improving connectivity. This partnership aims to make Kenya a digital leader in East Africa.

Portfolio Pulse from Shivani Kumaresan

May 22, 2024 | 2:05 pm

BUD

RUM

Anheuser-Busch InBev's Kona Big Wave has partnered with Street League Skateboarding (SLS) to enhance fan experiences and promote skateboarding. The partnership will include brand integrations, unique skate content, and grassroots activations. SLS events are exclusively broadcast on Rumble.

Portfolio Pulse from Chris Katje

May 22, 2024 | 2:03 pm

MAT

Mattel has announced a multi-year strategic partnership with Outright Games, planning to release three new family-friendly games for all consoles and PC by the end of the year.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 2:02 pm

PM

Philip Morris International (PM) has acquired a 14.7% stake in Egypt-based Eastern Company. The acquisition aims to explore strategic collaboration in technology, manufacturing, and innovation, including heated tobacco products.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 1:53 pm

NEON

Neonode has announced its first license agreement for its touch sensor module technology after transitioning to a licensing business model in December 2023.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 1:43 pm

GOOGL

META

Reddit CEO Steve Huffman shared strategic updates at the JPMorgan TMC Conference, highlighting Reddit's growth in data licensing, ad tech, user growth, and platform quality. Key initiatives include partnerships with OpenAI, improvements in ad tech, and enhancements in search capabilities.

Portfolio Pulse from Surbhi Jain

May 22, 2024 | 1:38 pm

SPWR

TSLA

SunPower Corp (NASDAQ:SPWR) shares surged after announcing the addition of Tesla Inc’s (NASDAQ:TSLA) Powerwall 3 to its solar and storage product lineup. The Powerwall 3, known for its high demand, is expected to boost SunPower's sales as more homeowners pair solar systems with battery storage.

Portfolio Pulse from Adam Eckert

May 22, 2024 | 1:33 pm

MULN

Bollinger Motors, a subsidiary of Mullen Automotive (NASDAQ: MULN), has reached an agreement to sell 50 Bollinger B4 chassis cab EV trucks to EnviroCharge for approximately $8.25 million. EnviroCharge will equip these trucks with mobile clean-propane-powered charging systems, providing a flexible charging solution for EV owners. The vehicles will be delivered after Bollinger Motors begins production in the second half of 2024.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 1:16 pm

RIVN

Pivot Energy and Rivian have announced a partnership to develop 60 MW of solar energy, with Rivian purchasing RECs from 50 MW and subscribing to 10 MW of community solar for its Illinois facility. The initiative aims to reduce emissions in a high-pollution region and support local community organizations.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 1:13 pm