Streetbeat News

Partnerships

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

FSLR

JPM

META

Denmark's Orsted has secured a $680 million investment from JPMorgan for two U.S. solar and battery projects, including the Eleven Mile Solar Center in Arizona and the Sparta Solar project in Texas. The investment is part of a broader trend spurred by the Inflation Reduction Act, which has extended tax credits and introduced new incentives for clean energy projects.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 2:52 pm

AAPL

GOOGL

VOX

XLC

Google, a subsidiary of Alphabet Inc., is accelerating its manufacturing plans in Tamil Nadu, India, to produce Pixel smartphones and drones. This move aligns with other tech giants like Apple and Samsung, which are diversifying production away from China. The initiative is a significant win for Tamil Nadu and aligns with India's economic strategies.

Portfolio Pulse from Shivani Kumaresan

May 23, 2024 | 2:48 pm

STLA

WKSP

Kia and Hyundai are defying the global EV slowdown with new models and increased sales. Kia launched its EV3 compact electric SUV, aiming for affordability and long-range performance. Hyundai and Kia saw significant EV sales growth in April. Worksport is collaborating with Hyundai on solar-powered accessories and expects substantial revenue growth in 2024.

Portfolio Pulse from Upwallstreet

May 23, 2024 | 2:47 pm

BLK

ETHUSD

Ondo Finance (ONDO) is being highlighted as a strong Ethereum (ETH) beta ahead of the Spot Ethereum ETF decision. BlackRock's CEO Larry Fink has hinted at the tokenization of financial assets, and Ondo Finance has shifted its OUSG token backing to BlackRock’s BUIDL tokenized fund. Ondo Finance's total value locked peaked at $453 million, and large transaction volumes have surged.

Portfolio Pulse from Khyathi Dalal

May 23, 2024 | 2:33 pm

IYG

SYF

XLF

Mastercard has entered a multi-year agreement with Synchrony Financial and Virgin Red to launch a new Virgin Red Rewards World Elite Mastercard credit card in the second half of 2024. Synchrony will be the exclusive U.S. issuer, and Mastercard will be the exclusive payments network. The card will offer Virgin Points on various purchases. Mastercard's stock has gained 22% in the last 12 months.

Portfolio Pulse from Lekha Gupta

May 23, 2024 | 2:31 pm

ZOOZ

ZOOZ Power Ltd. has partnered with Dor-Alon to enhance ultra-fast EV charging infrastructure along the Cross-Israel Highway. The deployment of ZOOZ's Power Boosting solution at the Dor-Alon Station on Route 6 aims to improve charging capabilities in one of Israel's busiest transportation corridors.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 2:06 pm

RTX

Collins Aerospace, a business unit of RTX, has been awarded a multi-billion-dollar subcontract to design, develop, and deliver systems for the U.S. Air Force's Survivable Airborne Operations Center (SAOC) program.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 2:02 pm

SBUX

Gordon Haskett reports that Pershing Square may be taking an activist stance in Starbucks.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 1:42 pm