Streetbeat News

Partnerships

NIO

Nio Inc. (NYSE:NIO) plans to expand into the UAE by the end of this year, aiming to ship its lowest-cost brand, Firefly, in the first half of next year. The company has received funding from Middle East-based investors and saw record-high deliveries in May. Nio's recent partnership with Melexis for advanced sensor technology is expected to enhance its BEVs' performance.

Portfolio Pulse from Benzinga Neuro

June 07, 2024 | 9:04 am

MMI

Marcus & Millichap's IPA Division has secured $72.24 million for refinancing the La Vista City Centre, a multifamily, office, and retail development in La Vista, Nebraska. The financing was secured by Frank Montalto on behalf of City+Ventures.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 7:21 am

AMZN

EXAS

NOW

NTLA

PD

RDDT

VERV

Cathie Wood-led Ark Invest made significant trades in Amazon.com Inc (AMZN) and Reddit Inc (RDDT). Ark's ARKW fund purchased $9.9M worth of Amazon shares following Amazon's acquisition of NBA media rights. Ark's ARKF fund bought $83,200 worth of Reddit shares after Reddit's partnership with Sprinklr. Other trades include purchases of Intellia Therapeutics (NTLA) and PagerDuty (PD), and sales of Exact Sciences (EXAS), Verve Therapeutics (VERV), and ServiceNow (NOW).

Portfolio Pulse from Benzinga Neuro

June 07, 2024 | 2:25 am

IPW

iPower shares are trading higher following the announcement of integrating Amazon Logistics Services into its SuperSuite platform.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 8:32 pm

IPW

iPower has announced the integration of Amazon Logistics Services into its SuperSuite platform, aiming to enhance its logistics and delivery capabilities.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 8:31 pm

IPWR

iPower has announced the integration of Amazon Logistics Services into its SuperSuite platform, aiming to enhance its logistics and delivery capabilities.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 8:31 pm

PL

Planet Labs PBC (NYSE:PL) announced that its first hyperspectral satellite, Tanager-1, is ready for launch. The satellite, developed with the Carbon Mapper Coalition, will be launched from Vandenberg Space Force Base as early as July on SpaceX's Transporter-11 Rideshare mission. Tanager-1 will enhance Planet's imaging capabilities.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 8:13 pm

AMZN

CMCSA

DIS

NFLX

WBD

Amazon is reportedly securing a $1.8 billion annual deal for NBA media rights, adding to its growing sports content on Prime Video. The deal, starting in the 2025-2026 season, includes regular-season games, in-season tournaments, and playoff games. This move aims to boost Prime Video subscriptions and advertising revenue. The Walt Disney Company and Comcast are also part of the new NBA media rights deal.

Portfolio Pulse from Chris Katje

June 06, 2024 | 8:08 pm

VMEO

Vimeo is actively engaging with YouTubers, including The Try Guys, to launch subscription platforms, positioning itself as a significant player in the creator economy.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 5:48 pm

NIO

NIO Inc (NYSE:NIO) has partnered with Melexis to integrate advanced current sensor chips into its electric vehicles, enhancing efficiency and reliability. Despite this positive development, NIO's shares are down 7.12% following a reported decline in revenue and vehicle deliveries for Q1 2024.

Portfolio Pulse from Shivani Kumaresan

June 06, 2024 | 5:11 pm