Streetbeat News

Partnerships

GOOG

GOOGL

Google's DeepMind is transitioning from a research lab to a commercial AI product factory, merging its AI labs to focus on developing commercial services. This move aims to outpace competitors like Microsoft but risks disrupting Google's foundational AI research culture.

Portfolio Pulse from Benzinga Neuro

June 18, 2024 | 4:10 am

DELL

NVDA

Michael Dell, CEO of Dell Inc., highlighted the rapid adoption of generative AI, comparing it to the early internet but happening ten times faster. Dell's comments come amid the company's strong financial performance and a significant partnership with Nvidia Corporation.

Portfolio Pulse from Ananya Gairola

June 18, 2024 | 2:15 am

ATRO

Astronics Corporation has secured a $215 million contract from the U.S. Army for the Radio Test Set TS-4549/T. The contract is a firm-fixed price, indefinite delivery, indefinite quantity (IDIQ) agreement with a five-year performance period. An initial delivery order of $15.5 million has been placed, with expected revenue of $10 million to $12 million in 2024, including $5 million to $7 million in the second quarter.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 10:00 pm

BTCUSD

DOGEUSD

ETHUSD

INJUSD

ZKUSD

Cryptocurrency markets are trading slightly down, with Bitcoin, Ethereum, and Dogecoin experiencing minor losses. Notable developments include Australia's approval of its first Spot Bitcoin ETF, Tether launching a new synthetic dollar backed by gold, and Deutsche Telekom's plans to mine Bitcoin. Additionally, a crypto roundtable with Biden administration officials and Mark Cuban is scheduled for July.

Portfolio Pulse from Khyathi Dalal

June 17, 2024 | 9:12 pm

CPAY

Corpay, Inc. (NYSE:CPAY) has announced the expansion of its Cross-Border business with a new office in Auckland, New Zealand. This move aims to provide localized support and innovative solutions to clients in the region, reinforcing Corpay's leading position in the corporate payments industry and strengthening its presence in the Asia-Pacific region.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 8:35 pm

ASNS

Actelis Networks has announced an agreement with Carahsoft Technology Corp, where Carahsoft will serve as Actelis' public sector distributor. This partnership aims to expand Actelis' reach within the public sector market.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 8:33 pm

BWXT

BWX Technologies has been awarded a Phase Two microreactor evaluation contract for the State of Wyoming, with a total value of $20 million. The project is expected to be completed by Q3 2025. The support among Wyoming stakeholders and potential vendors was strong during Phase One of the cost-share program.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 8:32 pm

SIGA

SIGA Technologies shares are trading higher following an agreement to expand access to TPOXX in the Association of Southeast Asian Nations.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 8:10 pm

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