Streetbeat News

Partnerships

HPE

SAP

Danfoss has selected HPE GreenLake for SAP S/4HANA Cloud as part of the RISE with SAP program, deploying it in Danfoss data centers to advance its sustainable cloud journey.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 8:04 am

CLVT

Clarivate Plc (NYSE:CLVT), a global provider of transformative intelligence, has joined the United Nations Sustainable Development Goals (UN SDGs) Publishers Compact, committing to sustainable practices and championing the SDGs through 2030.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 7:20 am

ANPCF

AZN

ANGLE has signed a commercial agreement with AstraZeneca to develop a novel methodology for CTC micronuclei detection, enhancing DNA damage response detection. The development, based on ANGLE's pKAP1 CTC-based DDR assay, will take place over 6 months and is valued at £150,000.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 6:53 am

TSLA

Elon Musk, CEO of Tesla, Inc. (NASDAQ:TSLA), revealed plans for a 'Cybercab' robotaxi fleet during the company's Q1 earnings call, suggesting a dual ownership model akin to Airbnb and Uber. The fleet will include Tesla-owned robotaxis and allow individuals to offer their personal vehicles for rental. Musk's vision, which aligns with his 2019 prediction of a robotaxi network, emphasizes a design inspired by the Cybertruck, featuring angular lines and stainless steel construction. Despite the uncertain timeline for Cybercab's launch, Musk's focus on autonomous vehicles as a key value driver in 2023 is clear, though it has received mixed reactions from analysts.

Portfolio Pulse from Ramakrishnan M

April 24, 2024 | 6:19 am

CLF

FCX

GM

MTAL

WS

Cleveland-Cliffs and Freeport-McMoRan reported strong Q1 2024 results, with Cleveland-Cliffs announcing a new $1.5 billion share buyback program and Freeport-McMoRan exceeding copper sales estimates. Worthington Steel was named GM Supplier of the Year for the third time, and Metals Acquisition Ltd announced significant growth in resources and mine life for the CSA Copper Mine.

Portfolio Pulse from austin@walkonholdings.com

April 23, 2024 | 10:03 pm

TSLA

Tesla CEO Elon Musk has announced that the company is in discussions with a major automaker about licensing its Full Self-Driving (FSD) technology. This move could potentially expand Tesla's revenue streams and partnerships in the automotive industry.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 9:59 pm

FDX

UPS

United Parcel Service, Inc. (NYSE:UPS) reported a decline in Q1 earnings due to a shipping slump and high labor costs from a new union deal guaranteeing $170,000 salaries for delivery drivers. Despite this, shares rose 2.4% as profits exceeded expectations. UPS also secured a significant contract with the USPS, replacing FedEx Corp (NYSE:FDX) as the primary air cargo service provider, which is expected to support revenue despite ongoing volume declines.

Portfolio Pulse from Natan Ponieman

April 23, 2024 | 9:38 pm

IHRT

iHeartMedia and Deep Blue Sports + Entertainment have announced a partnership to launch the Women's Sports Audio Network, aiming to enhance women's sports coverage across various platforms including broadcast radio, podcasts, streaming, and events. The network will feature prominent sports figures such as Sarah Spain and Sheryl Swoopes.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 9:13 pm

ALGT

TNL

Travel + Leisure Co. and Allegiant have entered a multi-year marketing agreement to share promotional offerings, leveraging their substantial membership bases for mutual benefit.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 8:45 pm

BA

SPR

Spirit Aerosystems announced that Boeing will make an advance payment of $425M to support Boeing's contractual demands, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 8:12 pm