Streetbeat News

Partnerships

GDRX

RBC Capital Markets has upgraded GoodRx Holdings Inc (NASDAQ:GDRX) from Sector Perform to Outperform, raising the price target from $8 to $10. The upgrade is based on new initiatives like the Integrated Savings Program (ISP), direct contracting (DC), and the expansion of its manufacturing solutions business, which are expected to provide significant growth opportunities. GoodRx has also secured a new direct contracting agreement with Kroger Co. (NYSE:KR), allowing patients to use GoodRx coupons at Kroger Pharmacies for more savings on generics starting June 1.

Portfolio Pulse from Vandana Singh

May 23, 2024 | 4:38 pm

ONMD

OneMedNet Corp. (NASDAQ:ONMD) shares surged by 128% following the announcement of a significant expansion of its iRWD network and platform. The company has entered into new network partnership agreements, including one with a nation-wide medical records custodian, resulting in a network of 1,402 healthcare system and provider partner sites, 31 million patients, and 121.4 million clinical exams. This expansion represents substantial year-to-date growth in partner sites, patients, and clinical exams.

Portfolio Pulse from Erica Kollmann

May 23, 2024 | 4:25 pm

MPW

Medical Properties Trust shares are trading higher following a report suggesting that the company is close to an agreement with financial institutions for a $800 million refinancing deal covering 27 UK hospitals operated by Circle Health on long-term leases.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 4:03 pm

AMZN

WBD

Warner Bros. Discovery is considering matching an NBA rights package that is currently slated for Amazon. This move could put Warner Bros. Discovery in direct competition with Amazon for NBA broadcasting rights.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 3:56 pm

VSAT

Viasat has announced a collaboration with Azercosmos to provide reliable L-Band satellite services to Azerbaijan and surrounding regions. This partnership aims to enhance communication services and expand Viasat's market reach.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 3:48 pm

ASML

ASML Holding NV (NASDAQ:ASML) and Eindhoven University of Technology (TU/e) have expanded their research partnership, focusing on semiconductor advancements. The collaboration will involve nearly 100 PhD students over the next decade and includes ASML's €80 million investment in TU/e's new cleanroom facility.

Portfolio Pulse from Shivani Kumaresan

May 23, 2024 | 3:26 pm

DELL

ERIC

NVDA

PTF

SHRY

TSLA

Dell Technologies Inc (NYSE:DELL) shares are trading higher due to AI-related stock gains and a partnership with Ericsson (NASDAQ:ERIC) to develop Cloud RAN solutions. Analysts have named Dell a top pick for AI server momentum, and the company reported strong fiscal fourth-quarter sales and earnings. Dell stock has gained 219% in the last 12 months.

Portfolio Pulse from Anusuya Lahiri

May 23, 2024 | 3:19 pm

GOOG

GOOGL

Google has signed deals to power its data centers in Japan with solar energy, as part of its commitment to sustainability and reducing carbon emissions.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 3:15 pm

CTHR

Charles & Colvard has announced an exclusive strategic alliance with the International Gemological Institute to introduce comprehensive grading reports for moissanite gemstones and jewelry.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 3:04 pm

LEXX

LEXXW

LLY

Lexaria Bioscience Corp. has hired a contract research organization to perform a human pilot study evaluating a dual action GLP-1 + GIP. The study will compare injected tirzepatide (Zepbound® by Eli Lilly) to a DehydraTECH-processed tirzepatide in capsule form.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 2:56 pm