Streetbeat News

Partnerships

INTC

IYW

NVDA

SMH

TSLA

TSM

Nvidia Corp (NASDAQ:NVDA) plans to increase investments in Taiwan, emphasizing its partnership with Taiwan Semiconductor Manufacturing Co (NYSE:TSM). Nvidia is also considering Intel Corp (NASDAQ:INTC) for contract chipmaking services. Nvidia stock is trading higher, and investors can gain exposure via VanEck Semiconductor ETF (NASDAQ:SMH) and iShares U.S. Technology ETF (NYSE:IYW).

Portfolio Pulse from Anusuya Lahiri

June 05, 2024 | 4:36 pm

EQNR

ICOW

PWER

Equinor ASA (NYSE:EQNR) has finalized a Purchase and Sale Agreement with NYSERDA for renewable power from the Empire Wind 1 offshore wind project. Construction is underway, with power delivery expected by late 2026. Equinor is also divesting stakes in the Eirin and Gina Krog fields and investing in Troll West gas infrastructure. Investors can gain exposure via Macquarie Energy Transition ETF (NYSE:PWER) and Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW).

Portfolio Pulse from Lekha Gupta

June 05, 2024 | 4:10 pm

EWW

SPY

Mexican President Lopez Obrador announced that Mexico is close to reaching an agreement with the U.S. to deport non-Mexican migrants directly to their home countries.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 4:08 pm

MESA

XTIA

XTI Aerospace (NASDAQ:XTIA) shares surged after announcing Mesa Air Group (NASDAQ:MESA) as the purchaser of up to 100 TriFan 600 aircraft, potentially generating $1 billion in revenue. Mesa Air is also an investor in XTI Aerospace. The news led to heavy trading volume for XTIA shares.

Portfolio Pulse from Erica Kollmann

June 05, 2024 | 3:49 pm

DDD

3D Systems Corporation (NYSE:DDD) shares surged 21.1% after announcing a significant purchase agreement for its 3D printing technology used in producing clear aligners. The deal, valued at up to $250 million through 2028, strengthens 3D Systems' position in the dental market and is expected to drive further expansion.

Portfolio Pulse from Dylan Berman

June 05, 2024 | 3:44 pm

HPE

NVDA

Hewlett Packard Enterprise (HPE) is set to announce new solutions in collaboration with NVIDIA (NVDA) at a conference next week, as revealed in a Bloomberg TV interview.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 3:41 pm

AFRM

FINX

IPAY

Affirm Holdings, Inc (NASDAQ:AFRM) has expanded its partnership with Alterra Mountain Company, allowing travelers to pay over time for various services. This move aims to enhance the purchase experience and drive value through increased payment flexibility. Affirm's stock has gained 95% in the last 12 months, and investors can gain exposure via Amplify Mobile Payments ETF (NYSE:IPAY) and Global X FinTech ETF (NASDAQ:FINX).

Portfolio Pulse from Anusuya Lahiri

June 05, 2024 | 3:20 pm

APA

EIPX

TTE

TotalEnergies (TTE) and APA Corporation (APA) are nearing a Final Investment Decision (FID) for developing offshore Block 58 in Suriname, expected in Q4 2024. Production is set to begin in 2028, with significant advancements in engineering studies and resource estimation. Investors can gain exposure via the First Trust ETF (EIPX).

Portfolio Pulse from Lekha Gupta

June 05, 2024 | 3:17 pm

CSCO

SPLK

Cisco and Splunk have unveiled a new integrated full-stack observability experience aimed at providing customers with enhanced visibility and real-time insights across their digital environments. This integration is designed to support both traditional and modern application architectures, offering a cohesive experience and setting the stage for future innovations.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 3:08 pm

PCAR

PACCAR shares are trading higher after the company announced the completion of its joint venture with Accelera and Daimler Truck & Buses to localize battery cell production and the battery supply chain.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 3:06 pm