Streetbeat News

Partnerships

AIXI

Xiao-I Corporation (NASDAQ:AIXI) has announced a partnership with a leading global e-commerce giant to enhance customer service using AI solutions. This collaboration aims to address challenges in the e-commerce industry by improving efficiency, reducing wait times, and providing personalized service.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 12:04 pm

MLGO

WIMI

MicroAlgo Inc. (NASDAQ:MLGO) and WiMi Hologram Cloud Inc. (NASDAQ:WIMI) shares are surging premarket after announcing a partnership to create a micro-consciousness quantum research center. This center will utilize quantum theory and AI technology to explore the relationship between consciousness and quantum mechanics, integrating multiple scientific disciplines.

Portfolio Pulse from Lekha Gupta

June 04, 2024 | 11:56 am

MLGO

MicoAlgo shares are trading higher after the company announced a joint venture with WiMi to establish a micro-consciousness quantum research center.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 11:51 am

EIPX

KEAT

TTE

TotalEnergies SE (NYSE:TTE) has announced two new LNG contracts in Asia, one with Indian Oil Corporation and another with Korea South-East Power. Despite these positive developments, TTE shares are trading lower premarket. Investors can also gain exposure to TotalEnergies through ETFs like First Trust Exchange-Traded Fund IV FT Energy Income Partners Strategy ETF (NYSE:EIPX) and Keating Active ETF (NASDAQ:KEAT).

Portfolio Pulse from Lekha Gupta

June 04, 2024 | 11:45 am

MSFT

Hitachi Ltd. and Microsoft Corp have announced a multi-billion dollar collaboration over the next three years to enhance Hitachi's Lumada business with generative AI. The partnership aims to address industry challenges and improve productivity, with significant investments from both companies.

Portfolio Pulse from Shivani Kumaresan

June 04, 2024 | 11:39 am

SPRB

Spruce Biosciences and HMNC Brain Health are collaborating to develop Spruce's investigational product candidate, Tildacerfont, with HMNC's companion diagnostic for Major Depressive Disorder. HMNC will initiate a Phase 2 study in Q4 2024.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 11:05 am

SPRB

Spruce Biosciences Inc. (NASDAQ:SPRB) has entered into a collaboration with HMNC Brain Health GmbH to develop tildacerfont, an investigational product candidate, and HMNC's Cortibon Genetic Selection Tool for treating major depressive disorder (MDD). The collaboration includes a Phase 2 proof-of-concept study funded by HMNC, with Spruce having the option to in-license exclusive worldwide rights to Cortibon if the study results are positive.

Portfolio Pulse from Vandana Singh

June 04, 2024 | 11:02 am

CORZ

Core Scientific shares are trading higher following the announcement of a series of 12-year contracts with CoreWeave.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 10:54 am

RIG

Transocean has announced new contract fixtures for three of its harsh environment semisubmersibles, adding $161 million to its contract backlog.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 10:40 am

ESAB

ESAB has entered into a distribution agreement with INFRA Group, which is expected to enhance ESAB's market reach and distribution capabilities.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 10:35 am