Streetbeat News

Partnerships

APO

INTC

Intel is reportedly close to finalizing a deal with Apollo Global Management for an $11 billion partnership in Ireland, according to the Wall Street Journal.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 12:36 pm

CDIO

WMT

Cardio Diagnostics Holdings, Inc. (CDIO) has expanded its clinical test offerings to Walmart's Family Medicine Specialists' Clinic in Round Lake Beach, Illinois, providing walk-in availability seven days a week. This collaboration marks a significant step for CDIO in increasing its service accessibility and presence in retail healthcare, potentially attracting a larger customer base through Walmart's extensive network.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 12:35 pm

ACN

PANW

Palo Alto Networks and Accenture have expanded their strategic alliance to combine Palo Alto's Precision AI technology with Accenture's secure generative AI services, aiming to accelerate secure AI adoption.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 12:35 pm

OKLO

Oklo has entered into a strategic partnership with Atomic Alchemy to produce radioisotopes for medical and industrial use, aiming to enhance the domestic supply and meet the growing demand. This collaboration focuses on leveraging Oklo's recycling process and fast reactor production capabilities to address supply chain gaps in the isotope market, crucial for cancer treatment, diagnostic imaging, and clean energy technologies.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 12:30 pm

VTAK

Catheter Precision has announced further product evaluations for its LockeT device, receiving initial orders from Ronald Reagan UCLA Medical Center and Rady Children's Hospital. This development could indicate growing interest and potential adoption in the medical community.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 12:29 pm

AMZN

BABA

CGRO

MSFT

NVDA

PGJ

Alibaba Group Holding Limited (NYSE:BABA) is supporting China's generative AI startups by providing cloud credits instead of cash investments, aiming to become a leader in the AI sector. This strategy mirrors Microsoft Corp's (NASDAQ:MSFT) and Amazon.Com Inc's (NASDAQ:AMZN) approaches but with a unique computing-for-equity model. Alibaba has invested in startups like Moonshot and Zhipu, and is leveraging its inventory of Nvidia Corp (NASDAQ:NVDA) GPUs. The company's stock can be accessed through ETFs like Invesco Golden Dragon China ETF (NASDAQ:PGJ) and Tidal Trust II CoreValues Alpha Greater China Growth ETF (NYSE:CGRO).

Portfolio Pulse from Anusuya Lahiri

May 13, 2024 | 12:28 pm

CPTN

Cepton, Inc. (CPTN) has been awarded a $10M engineering services contract by KOITO MANUFACTURING CO., LTD. for the quarter ending June 30, 2024. This contract is to support a major global OEM program that Cepton and Koito have recently secured, marking a significant development in their partnership and Cepton's customer-specific product development for near-range lidar solutions.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 12:28 pm

BMRA

Biomerica has initiated a pilot launch of its inFoods products with a 1,000-member physician group, aiming to integrate these diagnostic-guided therapies into patient care. This move could significantly impact Biomerica's market presence and revenue streams if the pilot is successful and leads to broader adoption.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 12:21 pm

JKS

JinkoSolar has successfully delivered its Tiger Neo modules to the Witznitz Solar Park, marking a significant step in the deployment of its advanced solar technology.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 12:18 pm

STKH

Wyler Farm has entered into an agreement to manufacture alternative proteins on a commercial scale using Steakholder Foods' premixes, with Steakholder Foods receiving royalties from sales. This partnership marks a significant step for both companies in the alternative protein market.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 12:11 pm