Streetbeat News

Partnerships

RUM

SPY

Talks between former President Donald Trump and Elon Musk have intensified, with Musk advising Trump on cryptocurrency matters. The Trump campaign is considering inviting Musk to the GOP convention.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 3:33 pm

NIO

NIO shares are trading higher as the company's charging network now reportedly includes SAIC Motor Corp's EV unit IM Motors.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 3:23 pm

CAE

CAE Defense & Security has been awarded a $250 million contract by General Atomics to support Canada's MQ-9B SkyGuardian RPAS program.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 3:03 pm

EFA

EWS

GRAB

UBER

Grab Holdings Inc (NASDAQ:GRAB) is partnering with OpenAI to integrate generative AI into its app, enhancing navigation and customer support. This marks OpenAI's first collaboration in Southeast Asia. Grab aims to improve its GrabMaps service and has reported strong financial performance, including a 30% revenue growth in Q4 2023. The stock has gained 25% in the last 12 months.

Portfolio Pulse from Anusuya Lahiri

May 30, 2024 | 2:36 pm

AAPL

CRM

DIS

F

GM

GOOGL

HPQ

META

ORCL

PATH

PSTG

STLA

TSLA

Today's top headlines include Uniswap CEO's claim that Democrats recognize their anti-crypto stance as an electoral risk, GM and Stellantis' response to Chinese EV competition with budget-friendly electric vehicles, and various movements in the tech and electric vehicle sectors. Key companies mentioned include Pure Storage, Oracle, UiPath, HP, Salesforce, Google, Apple, Meta, Tesla, Ford, GM, Stellantis, and Disney.

Portfolio Pulse from Akanksha Bakshi

May 30, 2024 | 2:33 pm

GRUSF

Grown Rogue International Inc. (OTC:GRUSF) reported record Q1 2024 revenue of $6.7 million, an 11% increase year-over-year. The company highlighted Michigan and Oregon as key markets and emphasized expansion efforts in New Jersey and Illinois as primary growth drivers for 2024 and 2025.

Portfolio Pulse from Jelena Martinovic

May 30, 2024 | 2:09 pm

AMZN

CLIX

RTH

TGT

WMT

Amazon has enhanced its Prime membership by making Grubhub subscriptions a permanent benefit, aiming to attract and retain members amid competition from Walmart and Target. This move could make Grubhub more appealing to potential buyers. Amazon's stock has gained 50% in the last 12 months, and investors can gain exposure through ETFs like VanEck Retail ETF and ProShares Long Online/Short Stores ETF.

Portfolio Pulse from Anusuya Lahiri

May 30, 2024 | 2:07 pm

GEHC

GE HealthCare and Tampa General Hospital have expanded their partnership to deploy advanced imaging and ultrasound solutions across Florida. This collaboration aims to enhance patient care and improve diagnostic capabilities.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 2:02 pm

STSS

Sharps Technology Inc (NASDAQ:STSS) shares surged by 39.8% to $0.63 after signing a 5-year $200 million syringe sales agreement with Nephron Pharmaceuticals. The deal complements Sharps Technology's acquisition of InjectEZ specialty syringe manufacturing assets, making it North America's only dedicated COC prefillable syringe manufacturing plant. Product delivery is expected to start in late Q2 2025, with anticipated revenue of $37 million in the first year.

Portfolio Pulse from Henry Khederian

May 30, 2024 | 1:54 pm

MRNA

SPY

The U.S. government is reportedly close to finalizing a deal to fund Moderna's bird flu vaccine trial, according to the Financial Times.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 1:52 pm