Streetbeat News

Partnerships

GWX

LILM

SPDW

Lilium NV (NASDAQ:LILM) stock is trading higher as Volare Aviation subsidiary eVolare agreed to acquire 4 Lilium Jets and reserve up to 12 production slots. Lilium also expanded its partnership with Luxaviation Group to create electrified ground infrastructure in Europe and the Middle East. Lilium stock has lost 13% in the last 12 months. Investors can gain exposure via SPDR Portfolio Developed World Ex-US ETF (NYSE:SPDW) and SPDR S&P International SmallCap ETF (NYSE:GWX).

Portfolio Pulse from Anusuya Lahiri

May 29, 2024 | 12:57 pm

AAPL

ASTS

GSAT

UFO

XTL

AST SpaceMobile Inc (NASDAQ:ASTS) shares surged after announcing a $100 million partnership with Verizon Communications Inc (NYSE:VZ) to provide direct-to-cellular service. The deal includes $65 million in commercial prepayments and $35 million in convertible notes. AST SpaceMobile also has agreements with over 45 mobile network operators globally. The stock is up 19.50% premarket.

Portfolio Pulse from Anusuya Lahiri

May 29, 2024 | 12:56 pm

MetaDolce Technologies has been named an authorized U.S. reseller by Richtech Robotics for Medbot, an elevator-enabled robot designed to enhance pharmacy and hospital operations. Product placements are expected to begin in Q2 2024.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 12:50 pm

BTCS

BTCS and Forta have announced a partnership to enhance blockchain regulatory compliance. This collaboration aims to leverage Forta's real-time monitoring capabilities to ensure BTCS's blockchain operations meet regulatory standards.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 12:49 pm

MNKD

PULM

Pulmatrix has entered a cross-license agreement with MannKind to use the Cricket inhalation device for the delivery of PUR3100 and other dry powder formulations for neurological diseases.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 12:49 pm

DLB

VZIO

VIZIO and Dolby Laboratories are collaborating to integrate Dolby Atmos across VIZIO's entire 2024 soundbar lineup, making premium sound more accessible to consumers. The soundbars are available at major retailers including Best Buy, Amazon, Walmart, and Sam's Club.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 12:41 pm

FRSX

Foresight Autonomous Holdings has signed a co-development agreement with Korean automotive supplier KONEC to integrate its ScaleCam 3D technology into autonomous vehicles.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 12:40 pm

ASTS

CHWY

SYTA

On May 29th, Siyata Mobile, AST SpaceMobile, and Chewy experienced significant stock price increases due to positive news. Siyata Mobile received a large order from the City of Lancaster, AST SpaceMobile announced a partnership with Verizon, and Chewy reported better-than-expected Q1 earnings and a share repurchase program.

Portfolio Pulse from ryanfaloona@benzinga.com

May 29, 2024 | 12:40 pm

AMZN

FANG

TGT

URNM

On CNBC's 'Halftime Report Final Trades,' analysts discussed Amazon, Target, Sprott Uranium Miners ETF, and Diamondback Energy. Amazon's AWS is negotiating a significant investment in Italy. Target reported a sales decline but beat estimates. Diamondback Energy is selling WTG Midstream Holdings in a $3.25 billion deal.

Portfolio Pulse from Avi Kapoor

May 29, 2024 | 12:35 pm

KULR

KULR Technology Group has announced a contract with a Japanese automaker for the testing and analysis of battery cells. This partnership is expected to enhance KULR's market position in the battery safety and testing industry.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 12:34 pm