Streetbeat News

Partnerships

SIGA

SIGA Technologies has announced that it will sell its antiviral drug TPOXX to ASEAN member states. The financial terms of the deal have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 8:06 pm

QCOM

Qualcomm shares are trading higher following a report suggesting the company may be the exclusive SoC supplier of the Samsung Galaxy S25.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 7:55 pm

CBIH

Cannabis Bioscience International Holdings (OTCPK: CBIH), a Texas-based cannabis company, received a $2 billion valuation from StoneBridge Advisory. This valuation supports CBIH's strategic restructuring and growth plans, positioning it to pursue strategic alliances and investment opportunities.

Portfolio Pulse from Patricio Liddle

June 17, 2024 | 7:25 pm

LCID

TSLA

Lucid Group's CEO Peter Rawlinson claims that Lucid's technology is years ahead of Tesla's, despite Tesla's lead in production and deliveries. Rawlinson's comments highlight Lucid's efficiency in EV batteries and potential for partnerships, but the company faces financial challenges.

Portfolio Pulse from Chris Katje

June 17, 2024 | 7:03 pm

SHIBUSD

Shiba Inu (SHIB) has seen a massive surge in its burn rate by 84,642% in the past 24 hours, with over 10 million SHIB coins burned in just six hours. The Shibarium blockchain is in its initial building stages, attracting attention from key industry players. Despite a 6% drop in SHIB's price, new accounts and verified contracts on Shibarium have spiked, and 54% of SHIB holders are currently in profit. The British Red Cross Society will now accept SHIB for donations through The Giving Block.

Portfolio Pulse from Khyathi Dalal

June 17, 2024 | 7:02 pm

MFC

Manulife and the World Economic Forum have launched the Prospering in Longevity Challenge through UpLink. This multi-year partnership aims to shape the future and funding of longevity innovation.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 6:13 pm

CCJ

SaskPower, Westinghouse, and Cameco have signed a Memorandum of Understanding (MOU) to evaluate Westinghouse's nuclear reactor technology for future clean power needs in Saskatchewan.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 6:06 pm

UBER

Stack Capital Group announced that Omio has extended its strategic partnership with Uber into Spain. This expansion aims to enhance the travel experience for users in Spain by integrating Omio's travel booking services with Uber's platform.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 6:02 pm

MSFT

RBLX

Microsoft is undergoing a significant change in its Xbox marketing team as key executive Jerret West departs to join Roblox. This move could impact both companies' marketing strategies and investor perceptions.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 5:44 pm

ASTS

T

VZ

AST SpaceMobile (NASDAQ:ASTS) shares are trading higher, adding to gains of over 110% in the last month. The rally began in mid-May after the company reported Q1 financial results and signed a commercial agreement with AT&T (NYSE:T) to develop a space-based broadband network. Positive analyst coverage and a strategic partnership with Verizon (NYSE:VZ) have further fueled the stock's rise.

Portfolio Pulse from Dylan Berman

June 17, 2024 | 5:22 pm