Streetbeat News

Partnerships

MSFT

The UAE supports US restrictions on semiconductor exports to China, acknowledging concerns about advanced chip technologies potentially bolstering China's military. The UAE seeks US support to develop its semiconductor production capabilities, with Microsoft investing $1.5 billion in UAE's AI company G42.

Portfolio Pulse from Shivani Kumaresan

June 11, 2024 | 3:36 pm

BUG

GOOG

GOOGL

NVDA

SPRX

ZS

Zscaler, Inc. (NASDAQ:ZS) and NVIDIA Corporation (NASDAQ:NVDA) have entered into a strategic partnership to enhance AI-driven security solutions. Zscaler will utilize NVIDIA’s AI to improve its Zero Trust Exchange platform, boosting defense mechanisms against cyber threats. Additionally, Zscaler has intensified its collaboration with Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) to fortify Zero Trust architectures. ZS stock has gained 19% in the past 12 months and is trading higher by 0.97% at $185.70.

Portfolio Pulse from Shivani Kumaresan

June 11, 2024 | 3:30 pm

AAPL

GOOG

GOOGL

Apple's WWDC 2024 event received mixed reactions from analysts. Key highlights included new features for iPads and iPhones, a deeper push into AI, and a partnership with OpenAI. Analysts' ratings varied from Buy to Neutral, with price targets ranging from $196 to $230. Some analysts were disappointed with the event, while others saw potential for an iPhone upgrade cycle.

Portfolio Pulse from Chris Katje

June 11, 2024 | 3:26 pm

SLB

SLB and Vista Energy have extended their strategic partnership by signing a contract to import a new frac set into the country. They aim for a production rate of 85,000 BOE/D for Q4 2024 and plan to incorporate a second frac set in the second half of the year, targeting a daily production of 150,000 BOE by 2030.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 3:12 pm

V

Dash Solutions and Visa have announced a collaboration to deliver real-time money movement solutions. This partnership aims to enhance the speed and efficiency of financial transactions.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 2:41 pm

AAPL

AFRM

BBSC

Affirm Holdings, Inc. (AFRM) shares surged after Apple Inc. (AAPL) announced that Affirm’s payment products will be available to Apple Pay users in the U.S. later this year. This partnership is expected to enhance Affirm's user base and payment flexibility, although it won't materially impact revenue or gross merchandise volume in fiscal year 2025. AFRM stock has gained over 76% in the past year, and investors can also gain exposure via JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC).

Portfolio Pulse from Nabaparna Bhattacharya

June 11, 2024 | 2:11 pm

WBD

Warner Bros Discovery has announced a 10-year deal with the French Tennis Federation to add Roland-Garros to its TNT Sports portfolio of premium sports.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 2:06 pm

ZBH

Zimmer Biomet Holdings shares are trading lower following the announcement of a limited distribution agreement with THINK Surgical to integrate its technology into a customized TMINI robotic solution.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 2:05 pm

WBD

Warner Bros Discovery (WBD) has announced that its TNT Sports network has secured an expansive deal with the French Tennis Federation to become the new home of Roland-Garros in the U.S. starting in 2025.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 2:02 pm

CBOE

Cboe Global Markets is expanding its collaboration with FTSE Russell to innovate in digital assets. They plan to develop new derivatives products, starting with cash-settled index options for FTSE Bitcoin and FTSE Ethereum indexes.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 2:01 pm