Streetbeat News

Partnerships

JNVR

Janover Inc. has reported a significant 647% increase in credit union originator sign-ups in 2023, indicating a substantial growth in its business operations and potential expansion in its market reach.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 12:30 pm

EZGO

EZGO Technologies Ltd. (NASDAQ:EZGO) has entered into a five-year strategic cooperation framework agreement with Woteam New Energy to jointly explore the Southeast Asian market by developing automotives and electric products. The partnership aims to integrate EZGO's electric bicycle expertise with Woteam's advanced battery technology to establish production plants across Southeast Asia, enhancing their strategic positioning in intelligent industries. This collaboration is expected to significantly expand EZGO's global market presence, aiming for annual sales of 500,000 electric two-wheeled vehicles and 400,000 sets of lithium batteries, targeting aggregate revenues of $500 million.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 12:07 pm

ZPTA

Zapata AI (NASDAQ:ZPTA) announced a $1M commercial expansion with Andretti Global, making it Andretti's official AI Partner. This expansion, effective March 28, 2024, aims to enhance Andretti's engineering, operations, and race strategy across multiple racing series through generative AI and technical expertise. The partnership, which began in February 2022, has already seen the development of advanced ML models for race day performance improvements. The new engagement includes building an AI-ready database for Andretti's racing configurations and is expected to contribute to Zapata AI's sequential quarter-over-quarter bookings growth.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 12:03 pm

BNGO

Bionano Genomics has entered into an OEM partnership with Diagens to commercialize a clinical cytogenetic analysis that combines Optical Genome Mapping (OGM) with Artificial Intelligence (AI). This collaboration aims to enhance the capabilities and applications of cytogenetic testing, potentially leading to more accurate and efficient diagnoses.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 12:03 pm

CRWD

EA

ENPH

W

Insiders at Enphase Energy, Wayfair, CrowdStrike Holdings, and Electronic Arts have recently sold shares. These sales could indicate various strategic decisions or perspectives on the company's valuation. Each company is approaching significant events, such as earnings releases and expanded partnerships, which could influence their stock performance.

Portfolio Pulse from Avi Kapoor

April 17, 2024 | 11:59 am

SYRA

Syra Health has announced the continuation of its partnership with Maricopa County, Arizona, for a third public health training session. This session will focus on cultural humility, emphasizing the importance of understanding and respecting diverse cultural backgrounds in healthcare settings.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 11:55 am

CMND

Clearmind Medicine has entered into an exclusive licensing agreement with Yissum Research Development Company of the Hebrew University of Jerusalem. This agreement is for the development of Generation 3.0 psychedelic compounds aimed at treating mental disorders.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 11:50 am

SPEC

Spectaire Holdings (SPEC) shares are trading higher following the announcement of a distribution partnership agreement with a Fortune 1000 Energy Company. This partnership is expected to enhance Spectaire's market presence and potentially increase its revenue streams.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 11:47 am

EPM

PED

PEDEVCO, in partnership with Evolution Petroleum Corporation, has successfully drilled and completed three horizontal San Andres wells in the Chaveroo Field, Permian Basin. These wells, drilled in Q4 2023 and completed by early 2024, have commenced production with promising early results, peaking at 300 to 375 BOEPD per well. The wells are currently exceeding expectations with an average production of over 750 BOEPD in the last 30 days, indicating a positive outlook for future development phases.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 11:39 am

VWAGY

XPEV

XPeng Inc. (NYSE:XPEV) shares rose in premarket trading after announcing a framework agreement with Volkswagen AG (OTC:VWAGY) (OTC:VLKAF) for technical collaboration on Volkswagen's EV platform in China. The collaboration focuses on integrating XPeng's E/E Architecture for central computing and domain controller-based architecture in Volkswagen's electric vehicles, expected to be produced in China from 2026.

Portfolio Pulse from Nabaparna Bhattacharya

April 17, 2024 | 11:28 am