Streetbeat News

Partnerships

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

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

CURLF

VRNOF

WMT

Verano Holdings Corp. and Curaleaf Holdings Inc. are investing in the local New Jersey cannabis market, repurposing vacant spaces like an abandoned Walmart to boost the local economy. Verano has opened a cultivation facility and dispensary, while Curaleaf operates six locations in the state. NewLake Capital is also partnering with local tenants. The cannabis market in New Jersey is growing, with over $800 million in sales and significant job growth.

Portfolio Pulse from Anthony Noto

June 17, 2024 | 5:02 pm

GOOG

GOOGL

IBM

MCD

SOUN

McDonald's (NYSE:MCD) is ending its AI drive-thru test with IBM (NYSE:IBM) but remains committed to exploring AI solutions, potentially with new partners like Google (NASDAQ:GOOG, NASDAQ:GOOGL). The decision follows mixed results from the AI test, with McDonald's aiming to make a future decision on voice ordering solutions by the end of the year.

Portfolio Pulse from Chris Katje

June 17, 2024 | 4:40 pm

PSNY

Polestar Automotive Holding UK Plc (NASDAQ:PSNY) shares are surging due to the company's expansion of its global presence and retail strategy. The company is introducing a non-genuine agency sales model across Europe and plans to enter seven new markets by 2025. Key leadership changes have also been announced to support this growth.

Portfolio Pulse from Shivani Kumaresan

June 17, 2024 | 4:09 pm

DELL

NVDA

Michael Dell, Founder & CEO of Dell, discussed the company's partnership with NVIDIA and the positive impact of AI on their business during a live interview on CNBC.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 3:41 pm