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Partnerships

MSOS

MSOX

YOLO

At Benzinga's Cannabis Capital Conference, Alexa Alianiello from X announced that X became the first mainstream technology platform to support cannabis advertising, enabling hundreds of companies to promote their brands and products.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 1:31 pm

XPEV

XPeng shares are trading higher following the announcement of a framework agreement on technical collaboration with Volkswagen. This partnership indicates a significant step for XPeng in its growth and expansion efforts, potentially enhancing its market position and product offerings.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 1:28 pm

GDDY

UPWK

GoDaddy (NYSE:GDDY) has partnered with Upwork (NASDAQ:UPWK) to become the first web presence partner in the new Upwork Partners program. This collaboration aims to increase work opportunities for web designers and developers by providing direct access to GoDaddy WordPress and web development experts through the GoDaddy Experts page on Upwork. Freelancers featured on this page will be vetted to meet GoDaddy's criteria, ensuring high-quality leads and building consumer trust. Additionally, GoDaddy will offer exclusive deals on its products for registered freelancers on Upwork to support their professional growth.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 1:26 pm

INTZ

Intrusion Inc.'s partner, iOne, has won a bid approximately worth $25 million for a project with the Commission on Elections. This win signifies a substantial contract for iOne and indirectly benefits Intrusion Inc. (INTZ), showcasing the strength and potential growth of their partnerships and market presence.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 1:20 pm

TBLA

Taboola (NASDAQ:TBLA) announced a successful holiday advertising campaign with Bombas, achieving a 300% Return On Ad Spend (ROAS) in November 2023 using Taboola's Maximize Conversions bidding technology. This technology automates CPC bidding to maximize conversions within a specified budget. The campaign resulted in a 224% total ROAS, surpassing the goal by 50%, and a $36 CPA, 49% lower than the target. This collaboration highlights Taboola's role in driving customer acquisition and optimizing campaign spending for Bombas.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 1:19 pm

FRGT

Grupo Solave has chosen Freight Technologies (FRGT) for its cross-border logistics services. The financial details of the agreement were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 1:17 pm

CMND

FLHLF

HUGE

MNMD

PBM

The article provides a comprehensive roundup of recent developments in the psychedelics field, including research findings, global regulatory perspectives, therapeutic applications, and business news. Key highlights include potential roles of psilocybin in dementia prevention and psychological flexibility, global legalization trends, and various companies' strategic moves such as voluntary delistings, partnership agreements, financial results, and patent filings related to psychedelic therapies.

Portfolio Pulse from Lara Goldstein

April 17, 2024 | 1:13 pm

BA

RYAAY

Ryanair Holdings plc (NASDAQ:RYAAY) shares are up in premarket trading as the company expects Boeing Co (NYSE:BA) to deliver 40 new jets by mid-July, according to CEO Michael O’Leary. This delivery schedule aligns with previous adjustments following delays. Ryanair had initially expected 57 Boeing MAX 8200 planes by the end of April but revised this number to 40 due to complications at Boeing. Despite these adjustments, Ryanair plans to resume flights to Tel Aviv on June 3, with ongoing vigilance regarding safety concerns.

Portfolio Pulse from Shivani Kumaresan

April 17, 2024 | 1:07 pm

ERIC

Nex-Tech Wireless has partnered with Ericsson (ERIC) to provide advanced connectivity solutions to communities in Kansas. This collaboration aims to enhance wireless infrastructure and bring cutting-edge technology to the region, improving access to high-speed internet and supporting local development.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 1:07 pm

ABVC

ABVC BioPharma, Inc. (NASDAQ:ABVC) has entered into a licensing agreement with OncoX for the development and commercialization of BLEX 404, a drug for treating Non-Small Cell Lung Cancer (NSCLC), derived from Maitake Mushroom. The agreement includes an upfront payment of $12.5 million in cash or shares, a milestone payment of $1.25 million, and royalties up to $12.5 million. This partnership aims to leverage ABVC's R&D capabilities and OncoX's market positioning to address the unmet needs in NSCLC treatment, potentially transforming patient outcomes with combination therapy.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 1:01 pm