Streetbeat News

Partnerships

AAPL

OPRA

Opera Limited (NASDAQ:OPRA) shares are climbing due to unconfirmed rumors of its involvement in Apple Inc.'s (NASDAQ:AAPL) WWDC event. The stock is trading above its 50-day moving average with heavy trading volume.

Portfolio Pulse from Erica Kollmann

June 10, 2024 | 3:09 pm

APLD

CIM Group has closed an initial $125 million loan commitment, with the potential to increase to $200 million, to fund the construction of Applied Digital's HPC campus in North Dakota.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 3:06 pm

KWE

KWESST Micro Systems Inc (NASDAQ:KWE) shares surged by 75% to $0.69 after being awarded a sub-contract by Thales Canada to deliver specialized software services for the Canadian Department of National Defence’s Land C4ISR contracts. The contract is valued at up to CAD $48 million over six years.

Portfolio Pulse from Henry Khederian

June 10, 2024 | 3:05 pm

LUV

Southwest Airlines has responded to contact from Elliott Management, expressing eagerness to understand their views. The airline confirmed its confidence in its CEO and management's ability to drive long-term shareholder value.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 3:01 pm

CLDI

SIGA

Calidi Biotherapeutics (NYSE:CLDI) stock is trading higher after announcing a collaboration with SIGA Technologies (NASDAQ:SIGA) to advance Calidi’s RTNova virotherapy for lung cancer and metastatic solid tumors. SIGA will provide TPOXX, an antiviral agent, to manage RTNova’s spread.

Portfolio Pulse from Dylan Berman

June 10, 2024 | 2:53 pm

ASO

DASH

Academy Sports and Outdoors Inc (NASDAQ:ASO) has partnered with DoorDash Inc (NASDAQ:DASH) to offer on-demand delivery from Academy's 285 stores across 19 states during the Back-to-School season. This partnership aims to enhance customer convenience by providing same-day delivery of sports and outdoor gear through the DoorDash app.

Portfolio Pulse from Shivani Kumaresan

June 10, 2024 | 2:39 pm

COST

FSTA

GM

XLP

Costco Wholesale Corporation (NASDAQ:COST) shares are trading flat today despite reporting strong sales growth for May and the first 39 weeks of FY24. The company also beat Q3 FY24 revenue and EPS estimates. Additionally, General Motors (NYSE:GM) is leveraging the Costco Auto Program for its EVs. Investors can gain exposure to Costco via SPDR Select Sector Fund – Consumer Staples (NYSE:XLP) and Fidelity MSCI Consumer Staples Index ETF (NYSE:FSTA).

Portfolio Pulse from Lekha Gupta

June 10, 2024 | 2:28 pm

WLDS

Wearable Devices shares are trading higher following the announcement of their integration with Qualcomm Snapdragon spaces.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 2:28 pm

MRNO

Murano Global Investments shares are trading higher after the company announced that it signed a Memorandum of Understanding (MOU) to explore the potential to develop a cruise port destination on its property in Bajamar, Baja California, Mexico.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 2:20 pm

MSFT

FSi Strategies has partnered with Microsoft and the White House to offer free cybersecurity assessments to rural hospitals in the U.S. This initiative is part of the Microsoft Philanthropies Rural Health Security Program, aimed at enhancing the security and resiliency of rural healthcare organizations.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 2:11 pm