Streetbeat News

Partnerships

GOOG

GOOGL

HPQ

Alphabet announced its plans to bring its Starline project out of the lab, partnering with HP to start commercializing the experience in 2025. This move marks a significant step towards bringing advanced communication technologies to the market, leveraging Alphabet's innovative capabilities and HP's commercial reach.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 2:09 pm

RTX

Pratt & Whitney Canada's PW545D engine, part of RTX, received Transport Canada Civil Aviation type certification, marking a step closer to powering Textron Aviation's Cessna Citation Ascend business jet. The engine offers improved fuel efficiency, greater thrust, and longer periods between overhauls.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 2:04 pm

SKX

SLE

Super League (NASDAQ:SLE) partners with Skechers (NYSE:SKX) and Century Games to open its first virtual store in Livetopia's Topia Mall on Roblox. This collaboration aims to engage young consumers by bringing the Skechers brand to life in an immersive experience.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 2:03 pm

NVAX

SNY

Novavax shares are experiencing an uptick due to the momentum from a recent co-exclusive licensing agreement with Sanofi for the commercialization of a COVID-19 vaccine and the development of COVID-influenza combination vaccines.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 1:27 pm

BBY

GPRO

GoPro, Inc. (GPRO) has announced a significant retail expansion at Best Buy (BBY), featuring new product displays, an assisted sales program, and comprehensive in-store and digital marketing efforts to enhance the GoPro customer experience.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 1:17 pm

APO

FTXL

INTC

SHOC

Intel Corp is in advanced talks with Apollo Global Management for an $11B partnership to build a chip plant in Ireland. The deal, expected to close in the coming weeks, aims to expand Intel's chip-making capacity amid rising demand and financial challenges. Intel's expansion includes facilities in Arizona, Ohio, and Ireland, competing with Taiwan Semiconductor and Samsung Electronics. The company seeks financing due to high project costs and a slowdown in its PC and server chip business. Intel's stock has seen modest gains, and the deal could attract government grants under the Chips Act of 2022.

Portfolio Pulse from Shivani Kumaresan

May 13, 2024 | 1:12 pm

DTST

Data Storage Corporation (NASDAQ:DTST), a provider of business continuity solutions, has expanded its CloudFirst subsidiary into the UK by opening a new office in London. This move is part of the Company's strategy to serve a global clientele and increase its international footprint.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 1:06 pm

IBM

SNX

TD SYNNEX announced the launch of the IBM watsonx Gold 100 Program, aiming to enhance its offerings and capabilities in collaboration with IBM.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 1:05 pm

AVLR

SHOP

Avalara, Inc. has expanded its partnership with Shopify Inc. to join the Shopify Tax Platform, enabling global tax compliance automation for Shopify merchants of any size.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 1:04 pm

CCG

Cheche Group (CCG) has announced a partnership with Volkswagen (Anhui) Digital Sales and Services to bolster its New Energy Vehicle (NEV) insurance business. This collaboration aims to leverage Volkswagen Anhui's digital capabilities to enhance insurance offerings for NEV customers, potentially increasing market share and customer satisfaction for both entities.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 1:02 pm