Streetbeat News

Partnerships

APIE

AVIV

PARA

SONY

Sony Group Corp (NYSE:SONY) stock is trading higher due to the upcoming launch of a PlayStation VR2 PC adapter. Sony reported strong fiscal Q4 2023 results but noted a slowdown in PS5 sales. Paramount Global (NASDAQ:PARA) is considering a merger offer from Skydance. Investors can gain exposure to Sony via ETFs like Avantis International Large Cap Value ETF (NYSE:AVIV) and Trust For Professional Managers ActivePassive International Equity ETF (NYSE:APIE).

Portfolio Pulse from Anusuya Lahiri

June 04, 2024 | 1:52 pm

KSCP

Knightscope has announced two new contracts for its emergency communication devices and KEMS software with a Minnesota healthcare group and a Texas university. These contracts aim to enhance access to emergency services.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 1:36 pm

PARA

Paramount Global is reportedly considering forming a joint venture for its streaming services. This move could potentially enhance its market position and provide additional resources for content creation and distribution.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 1:24 pm

WIMI

WiMi Hologram Cloud shares are trading higher following the announcement of a joint venture with MicroAlgo to establish a micro-consciousness quantum research center.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 1:22 pm

FLGC

Flora Growth Corp. (NASDAQ: FLGC) has formed a joint venture with Althea Group Holdings to create Peak USA JV LLC, aiming to capitalize on the U.S. beverages market, particularly in cannabis-infused beverages. Each company contributed $250,000 to the venture.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 1:21 pm

IRDM

Iridium Communications Inc. (NASDAQ:IRDM) has been awarded a five-year contract worth $94 million by the United States Space Force's Space Systems Command. The contract, which could potentially reach $103 million, is for Enhanced Mobile Satellite Services (EMSS) and security sustainment services.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 1:20 pm

DSX

Diana Shipping Inc. (NYSE:DSX) has announced a time charter contract for its vessel m/v Polymnia with Reachy Shipping at a gross rate of $17,500 per day, starting June 8, 2024. This contract is expected to generate approximately $7.25 million in gross revenue for the minimum period.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 1:18 pm

XTIA

XTI Aerospace (NASDAQ:XTIA) has signed a Letter of Intent with AVX Aircraft for the design, development, and certification of the TriFan 600 VTOL aircraft. The definitive agreement is expected to shorten the timeline and reduce costs.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 1:10 pm

ACI

UBER

Albertsons Companies (NYSE:ACI) and Uber Technologies, Inc. (NYSE:UBER) have announced a food rescue initiative to donate surplus food to local non-profits and food banks. The program, which uses Uber Direct for deliveries, has expanded from Washington, D.C. to Boston, Chicago, and Denver.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 1:06 pm

VRSK

Verisk's National Equipment Register (NER) has partnered with KYCS Global to enhance security and recovery solutions for equipment. This collaboration aims to leverage both companies' expertise to provide better protection and recovery services for equipment owners.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 1:05 pm