Streetbeat News

Partnerships

CNC

Centene Corporation's Buckeye Health Plan has been awarded a contract by the Ohio Department of Medicaid to continue providing services for dual eligible Medicare and Medicaid members through a Fully Integrated Dual Eligible Special Needs Plan.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:53 pm

GRYP

Gryphon Digital Mining and Unit have notified Coinmint of their decision not to renew the Colocation Mining Services Agreement, which was initially signed on July 1, 2021. This information was disclosed in an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 10:51 pm

UONE

UONEK

Urban One Inc. has announced a Local Management Agreement with La Mega Media and Lazo Media to expand its Spanish-language programming. Effective November 1, 2024, Urban One will own and/or operate stations under the La Mega brand in Cleveland, Columbus, Cincinnati, and Indianapolis.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 8:39 pm

NUWE

Nuwellis, Inc. (NASDAQ:NUWE) announced preliminary Q3 2024 results, expecting $2.4M in revenue, a 28% growth in the pediatric category, a 70% gross margin, and a 30% reduction in operating costs. The company also terminated a license agreement with SeaStar Medical, receiving $900,000 in settlement.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 8:17 pm

TLSA

Tiziana Life Sciences (NASDAQ:TLSA) will participate in the BIO-Europe 2024 conference to discuss recent clinical advancements, including a study involving Ozempic. The conference offers a platform for Tiziana to engage with industry leaders and potential collaborators.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 7:45 pm

MSFT

CoreWeave, a cloud startup, is positioning itself as a competitor to tech giants like Microsoft, Amazon, and Alphabet. However, Microsoft is a major customer of CoreWeave, planning to spend $10 billion on its data centers for AI models by the end of the decade. This relationship highlights the complex dynamics between competition and collaboration in the tech industry.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 6:35 pm

UBER

Uber Technologies, Inc. reported a 20% revenue growth in Q3 2024, surpassing analyst expectations. Despite a 9% stock price decline due to mixed results, analysts see potential in Uber's strong market position, cost discipline, and autonomous vehicle partnerships. Analysts have varied price targets, reflecting both optimism and caution regarding Uber's growth prospects.

Portfolio Pulse from Anusuya Lahiri

November 01, 2024 | 5:44 pm

IPO

RIVN

Rivian Automotive, Inc. (NASDAQ:RIVN) shares are trading higher following a long-term power purchase agreement with RWE, supplying electricity from a wind project in Texas. This aligns with Rivian's goal for a carbon-free future and supports its fast-charging network with renewable energy.

Portfolio Pulse from Nabaparna Bhattacharya

November 01, 2024 | 3:48 pm

CVX

Chevron's CEO Mike Wirth discussed the company's advantaged inventory, with 75% of locations breaking even at or below $50. The Pasadena refinery will shut down this quarter, and capital spending in the Permian Basin is expected to peak this year. The Hess deal requires arbitration to end, and cost-cutting benefits are expected by 2027.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 3:42 pm

AAPL

GSAT

Globalstar's stock surged after announcing an expanded $1.1 billion services agreement with Apple, enhancing satellite services and infrastructure. Apple will fund the network's construction and gain a 20% equity stake in Globalstar Licensee.

Portfolio Pulse from Anusuya Lahiri

November 01, 2024 | 3:10 pm