Streetbeat News

Partnerships

ENVX

Enovix Corp (NASDAQ:ENVX) shares fell 14.1% after announcing a $100 million public offering to fund high-volume manufacturing at its Malaysian facility. The offering follows better-than-expected Q3 results and a new development agreement with a leading smartphone OEM.

Portfolio Pulse from Adam Eckert

October 31, 2024 | 3:45 pm

SBGI

VZIO

NewsON, a leading streaming service for local news, has launched its app on VIZIO TVs, providing users with free access to a wide range of local news content. This includes live and on-demand newscasts from over 285 TV stations across more than 135 markets in the U.S.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 3:35 pm

HII

HII's Mission Technologies division has secured a $3 billion contract to support the U.S. Department of Defense in enhancing joint force capabilities, aligning with the DOD's JADC2 strategy.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 3:34 pm

MSFT

TVGN

Tevogen Bio has expanded its partnership with Microsoft to integrate AI and machine learning into its preclinical drug development processes. This collaboration aims to shorten drug development timelines and reduce costs significantly.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 2:56 pm

GDOT

Green Dot Corp (GDOT) is seeing increased investment from Topline Capital, which has become its largest shareholder. Green Dot is a key player in financial services, partnering with major companies like Walmart, Apple, and Amazon. The company is well-positioned for future growth in digital banking and financial services.

Portfolio Pulse from Tim Melvin

October 31, 2024 | 2:16 pm

AAPL

AVGO

TSM

Apple plans to reduce its reliance on Broadcom for Wi-Fi chips by using its own chips made by TSMC, starting with new products in 2H25. This move aims to cut costs and improve ecosystem integration.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 2:01 pm

MA

Mastercard sees a promising opportunity in China for the medium to long term, as discussed in a recent conference call.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:55 pm

RIVN

RWE has signed a 15-year power purchase agreement with Rivian for electricity from its upgraded wind project in West Texas. This agreement supports Rivian's commitment to renewable energy for its fast-charging network.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:30 pm

RIVN

RWW has signed a long-term power purchase agreement with electric vehicle manufacturer Rivian. The terms of the agreement have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:27 pm

IPWR

Ideal Power Inc. (NASDAQ:IPWR) has received orders from a global Tier 1 automotive supplier, which is a NYSE-listed company. The orders include B-TRAN™ devices and other components for EV applications. This marks a significant addition to Ideal Power's customer base in the EV market.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:23 pm