Streetbeat News

Partnerships

AVGO

DELL

Dell Technologies and Broadcom have announced an extension of their partnership to deliver a broad portfolio of jointly engineered hyperconverged solutions. This collaboration aims to enhance service to customers and partners.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 8:16 pm

DOMO

Domo (NASDAQ:DOMO) has partnered with phData to enhance data management and actionable intelligence using the Snowflake AI Data Cloud. This collaboration aims to provide real-time data and flexible AI services to empower informed decision-making.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 8:14 pm

DRS

NOC

Leonardo DRS has secured a full-rate production contract from Northrop Grumman to supply Quantum Cascade Laser technology for Common Infrared Countermeasure systems, enhancing protection for U.S. military aircraft.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 8:01 pm

AAPL

Apple Inc. (NASDAQ:AAPL) is partnering with OpenAI to integrate ChatGPT into iOS 18, iPadOS 18, and macOS 15 Sequoia. The AI feature will be available for free and will not log user data. This partnership is part of Apple's broader AI strategy unveiled at the Apple Worldwide Developers Conference (WWDC).

Portfolio Pulse from Rounak Jain

June 10, 2024 | 7:54 pm

AAPL

MSFT

Apple has announced a partnership with OpenAI to integrate ChatGPT into its products. This collaboration aims to enhance user experience by leveraging advanced AI capabilities.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 6:38 pm

TraceLink has partnered with Genpact to enhance digital supply chain solutions for the healthcare and life sciences sectors. The collaboration aims to leverage advanced technology and AI to improve cost, service, predictability, and resiliency across supply chains.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 6:31 pm

DSY

KWE

SKYE

Shares of Skye Bioscience, Inc. (NASDAQ:SKYE) fell sharply by 19% after the company announced the discontinuation of its SBI-100 Ophthalmic Emulsion Phase 2a trial. Other notable movers include Big Tree Cloud Holdings Limited (NASDAQ:DSY) which jumped 123% following a business combination, and KWESST Micro Systems Inc. (NASDAQ:KWE) which gained 79.8% after being awarded a significant sub-contract. Several other stocks experienced significant gains or losses during Monday's mid-day session.

Portfolio Pulse from Avi Kapoor

June 10, 2024 | 6:10 pm

CURLF

KDLY

KindlyMD, Inc. (NASDAQ:KDLY) and Curaleaf Holdings, Inc. (TSX:CURA)(OTCQX:CURLF) have partnered to provide educational resources and information on holistic pain management and treatment in Utah. The collaboration aims to address the opioid crisis and improve access to medical cannabis care options.

Portfolio Pulse from Jelena Martinovic

June 10, 2024 | 5:51 pm

APO

BRK

PARA

RSP

SONY

XLC

National Amusements, the controlling company of Paramount Global (NASDAQ:PARA), has attracted bids from Edgar Bronfman Jr. and Steven Paul. Shari Redstone is negotiating a potential sale to Skydance Media. Paramount stock is trading lower, and the company faces challenges with its traditional TV business and streaming service. Berkshire Hathaway (NYSE:BRK) sold its stake in Paramount, and previous reports suggested interest from Sony Group Corp (NYSE:SONY) and Apollo Global Management Inc (NYSE:APO). Investors can gain exposure to Paramount via ETFs like The Communication Services Select Sector SPDR Fund (NYSE:XLC) and Invesco S&P 500 Equal Weight ETF (NYSE:RSP).

Portfolio Pulse from Anusuya Lahiri

June 10, 2024 | 5:45 pm

UNG

VGK

Europe is engaging in negotiations to ensure the continued flow of gas through the Russia-Ukraine pipeline, as reported by Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 5:44 pm