Streetbeat News

Partnerships

JPM

PTON

Peloton has engaged JPMorgan to facilitate an $850 million loan sale to address its debt issues, according to Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 9:16 pm

AMZN

PARA

Paramount Global is in discussions with Amazon to expand their partnership, according to Bloomberg. This potential collaboration could involve more content sharing and distribution deals, enhancing both companies' streaming services.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 9:14 pm

CNTG

CENTOGENE has entered into agreements with Lifera, securing approximately $20 million in funding.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 9:11 pm

MGNI

NFLX

TTD

Netflix announced plans to launch an in-house advertising technology platform by the end of 2025, which will include partnerships with The Trade Desk, Google's Display & Video 360, and Magnite. This news led to a rise in the shares of The Trade Desk and Magnite.

Portfolio Pulse from Erica Kollmann

May 15, 2024 | 8:44 pm

ASTS

T

AST SpaceMobile Inc (NASDAQ:ASTS) shares surged 42.7% in after-hours trading following the announcement of a definitive commercial agreement with AT&T Inc (NYSE:T) and the release of its first-quarter financial results. Despite missing sales estimates, AST SpaceMobile beat earnings expectations and plans to launch its first five commercial satellites this summer.

Portfolio Pulse from Adam Eckert

May 15, 2024 | 8:40 pm

COOT

Australian Oilseeds Holdings Limited (NASDAQ: COOT) has announced its first shipment of sustainable canola oil to Neste. AOI has been working with Neste and Australian farmers to produce low carbon intense canola seed and oil, meeting new sustainability standards. AOI's CEO, Gary Seaton, will present at the 19th Annual Bank of Montreal Global Farm to Market Conference.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 8:35 pm

IBM

PANW

Palo Alto Networks and IBM have announced a partnership to deliver AI-powered security solutions. Palo Alto Networks will acquire IBM's QRadar SaaS assets, including intellectual property rights, and IBM will receive payments for clients migrating to Palo Alto's Cortex XSIAM platform.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 8:33 pm

IBM

PANW

Palo Alto Networks and IBM are collaborating to offer AI-powered security solutions. IBM will provide security consulting services across Palo Alto Networks' security platforms.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 8:33 pm

AFL

Aflac has agreed to purchase a 40% stake in Tree Line, a direct lender, to help fund its private lending to firms. This strategic move aims to enhance Aflac's investment portfolio and diversify its revenue streams.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 8:32 pm

ASTS

AST SpaceMobile shares are trading higher following the announcement of a definitive commercial agreement with AT&T. The company also reported mixed Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 8:28 pm