Streetbeat News

Partnerships

SATS

Cox Media Group and Echostar's subsidiary DISH have reached an agreement to restore all CMG stations, as reported on Saturday. This resolution ends any disruptions between the two parties and ensures that DISH subscribers will regain access to CMG's content.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 6:38 am

ITRI

Itron and the Australian Cairns Regional Council have expanded their collaboration to enhance water security and conservation efforts. This partnership aims to leverage Itron's technology and solutions to improve water management and sustainability in the region.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 6:33 am

WKEY

WISeKey's subsidiary, WISeSAT.Space, is expanding its strategic partnership with the Swiss Armed Forces in the space sector, planning to launch an enhanced WISeSat satellite in Q3 2024 via SpaceX.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 6:26 am

BIDU

TSLA

Tesla Inc (NASDAQ:TSLA) is reportedly partnering with Baidu Inc. (NASDAQ:BIDU) to introduce its Full Self-Driving (FSD) features in China, leveraging Baidu's mapping and navigation data. This collaboration follows Tesla CEO Elon Musk's recent trip to China and builds on a previous partnership between Tesla and Baidu in 2020 for in-car mapping and navigation.

Portfolio Pulse from Anan Ashraf

April 29, 2024 | 5:03 am

NDTAF

NVDA

Northern Data (OTC:NDTAF), a Frankfurt-based tech company, has shifted its focus from Bitcoin mining to cloud solutions and data center infrastructure, catching the attention of Berenberg Bank. Berenberg has initiated coverage with a Buy rating and a price target suggesting a 53.2% upside. The company's partnership with NVIDIA Corp (NASDAQ:NVDA) as an 'Elite' partner for cloud computing and its investments in liquid-cooling technology are highlighted as key growth drivers.

Portfolio Pulse from Benzinga Neuro

April 29, 2024 | 4:58 am

AAPL

GOOGL

META

Meta Platforms Inc. and Alphabet Inc. are revising their strategies to compete with Apple Inc.'s iPhone and Vision Pro. Meta is opening its VR operating system to all headset manufacturers, challenging Apple's closed ecosystem. Google has restructured its management, with Rick Osterloh overseeing Android, aiming to enhance revenue and establish a stronger presence in mixed-reality, an area where Google lags behind Apple and Meta. Despite criticism for its high price, Apple's Vision Pro has been praised for its advanced technology.

Portfolio Pulse from Ananya Gairola

April 29, 2024 | 4:57 am

RIVN

Rivian Automotive Inc. (NASDAQ:RIVN) has introduced a new charger design to make its Rivian Adventure Network (RAN) accessible to a wider range of electric vehicles (EVs) by the end of the year. The new chargers will support both 400-volt and 800-volt battery packs with CCS connectors and will eventually include native support for the North American Charging Standard (NACS), currently requiring an adapter for Tesla's NACS chargers. This expansion aligns with Rivian's commitment to electrification and carbon-free energy, with the company planning to retrofit existing RAN stations and ensure new ones are equipped with these next-generation chargers. The move also enables Rivian to tap into the U.S. National Electric Vehicle Infrastructure (NEVI) program for funding.

Portfolio Pulse from Benzinga Neuro

April 29, 2024 | 3:12 am

TSLA

California now has one EV charging station for every five gas stations, with a total of 105,000 public or shared private EV chargers. This development is part of the state's push towards electric vehicles, highlighted by Tesla opening its Supercharger network to other brands like Ford and Rivian. California leads the U.S. in EV adoption, with significant sales and a plan to install up to 40,000 new public EV chargers.

Portfolio Pulse from Benzinga Neuro

April 29, 2024 | 2:30 am

CLF

NSC

Cleveland-Cliffs has announced its support for Ancora in its dispute with Norfolk Southern. This development could influence the strategic direction and operations of Norfolk Southern, potentially impacting its stock performance.

Portfolio Pulse from Charles Gross

April 29, 2024 | 12:44 am

AAPL

GRND

META

MSFT

NVDA

RDDT

SPOT

STM

TSLA

Last week in consumer tech saw mixed earnings reports, with STM and META missing and beating consensus estimates, respectively, and SPOT outperforming in both revenue and EPS. Elon Musk addressed legal disputes and criticized Social Security, while emphasizing Tesla's AI and robotics focus. Microsoft and Meta announced a VR collaboration, and Apple faced challenges in China and adjusted its Vision Pro shipments. The U.S. moves closer to a TikTok ban, raising free speech concerns. Nvidia acquires Run:ai, and Meta plans to open-source a $10 billion AI model. Privacy concerns hit Reddit and Grindr.

Portfolio Pulse from Lekha Gupta

April 28, 2024 | 9:53 pm