Streetbeat News

Partnerships

MSFT

Hitachi Ltd. and Microsoft Corp have announced a multi-billion dollar collaboration over the next three years to enhance Hitachi's Lumada business with generative AI. The partnership aims to address industry challenges and improve productivity, with significant investments from both companies.

Portfolio Pulse from Shivani Kumaresan

June 04, 2024 | 11:39 am

SPRB

Spruce Biosciences and HMNC Brain Health are collaborating to develop Spruce's investigational product candidate, Tildacerfont, with HMNC's companion diagnostic for Major Depressive Disorder. HMNC will initiate a Phase 2 study in Q4 2024.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 11:05 am

SPRB

Spruce Biosciences Inc. (NASDAQ:SPRB) has entered into a collaboration with HMNC Brain Health GmbH to develop tildacerfont, an investigational product candidate, and HMNC's Cortibon Genetic Selection Tool for treating major depressive disorder (MDD). The collaboration includes a Phase 2 proof-of-concept study funded by HMNC, with Spruce having the option to in-license exclusive worldwide rights to Cortibon if the study results are positive.

Portfolio Pulse from Vandana Singh

June 04, 2024 | 11:02 am

CORZ

Core Scientific shares are trading higher following the announcement of a series of 12-year contracts with CoreWeave.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 10:54 am

RIG

Transocean has announced new contract fixtures for three of its harsh environment semisubmersibles, adding $161 million to its contract backlog.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 10:40 am

ESAB

ESAB has entered into a distribution agreement with INFRA Group, which is expected to enhance ESAB's market reach and distribution capabilities.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 10:35 am

FSLR

5N Plus Inc. has renewed and increased its semiconductor supply agreement with First Solar, Inc. Under the new agreement, 5N+ will supply more cadmium telluride (CdTe) semiconductor materials to First Solar for manufacturing thin-film photovoltaic solar modules.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 10:19 am

CMBM

Cambium Networks has announced a partnership with Nonius, a provider of digital technology solutions for the hospitality industry. This collaboration aims to enhance connectivity and digital services in hotels and other hospitality venues.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 9:05 am

BA

EADSY

Airbus SE is in talks to sell over 100 A330Neo jets to China, highlighting a growing contrast with Boeing Co. in the Chinese aviation market amid geopolitical tensions. This potential sale could significantly impact the competitive landscape, especially as Boeing faces delivery delays.

Portfolio Pulse from Benzinga Neuro

June 04, 2024 | 8:28 am

MLGO

WIMI

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) and MicroAlgo (NASDAQ:MLGO) are collaborating to establish a micro-consciousness quantum research center. This center will integrate multiple disciplines to explore the relationship between consciousness and quantum theory using advanced AI technology.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 8:09 am