Streetbeat News

Partnerships

KGRN

NIO

PGJ

NIO Inc. shares are up after reporting a 134.6% year-over-year increase in April vehicle deliveries, totaling 15,620 vehicles. This includes both electric SUVs and sedans, with cumulative deliveries reaching 495,267. The company also introduced the 2024 ET7 sedan and announced a partnership with Lotus Technology for charging solutions. NIO's stock has seen a 39% decline over the past year but is currently up 1.48% in premarket trading. Investors can also gain exposure to NIO through KGRN and PGJ ETFs.

Portfolio Pulse from Nabaparna Bhattacharya

May 01, 2024 | 11:56 am

TSLA

XPEV

XPeng Inc's CEO Xiaopeng He welcomed Tesla Inc's entry into China with its full self-driving (FSD) software, viewing it as a positive development for the smart EV industry. He believes large AI models, like Tesla's FSD, will propel the industry forward by enabling autonomous driving within three years. XPeng is also advancing its own autonomous driving technology, XNGP, which is being tested in Europe and is available in 259 cities in China. Tesla has partnered with Baidu Inc for navigation data in China, indicating compliance with local data security requirements.

Portfolio Pulse from Anan Ashraf

May 01, 2024 | 11:47 am

J

Jacobs Engineering Group Inc. has been awarded a contract by Brightline West to complete the final design of the Nevada rail segment, marking a significant step forward in the development of this high-speed rail project.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 11:46 am

REAX

The Real Brokerage Inc. (REAX) announced the joining of Village Premier Collection under its new Private Label Program, aiming to expand its market presence.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 11:34 am

SKYT

SkyWater Technology (SKYT) and Lumotive have announced a collaboration to implement Lumotive's solid-state optical beamforming technology in SkyWater's manufacturing environment. This partnership aims to leverage Lumotive's innovative technology with SkyWater's manufacturing capabilities to enhance production processes.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 11:26 am

AKTS

Akoustis Technologies has announced the integration of four high-performance patented XBAW filters into two new platforms with a Tier-1 network infrastructure customer. This development marks a significant advancement in the company's product offerings and its relationship with major industry players.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 11:21 am

VTRS

Viatris has introduced Unmind, a mental health platform, as a component of its global wellbeing initiative, Elevate. This move underscores the company's commitment to enhancing the mental health and overall wellbeing of its workforce.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 11:14 am

MSFT

Eight U.S. newspaper publishers, owned by Alden Global Capital, have filed a lawsuit against Microsoft Corp (NASDAQ:MSFT) and OpenAI in a New York federal court for copyright infringement. The publishers accuse the companies of using their articles without permission in AI products like ChatGPT and Copilot, attributing inaccurate information to them. This lawsuit adds to a series of legal challenges faced by Microsoft and OpenAI over similar issues.

Portfolio Pulse from Benzinga Neuro

May 01, 2024 | 11:06 am

DGX

Quest Diagnostics has announced a collaboration aimed at accelerating the adoption of digital and AI pathology innovations to enhance the quality, speed, and efficiency of diagnosing cancer and other diseases.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 10:58 am

WWW

Wolverine World Wide has entered into two global licensing agreements, marking a significant step in its strategic transformation into a brand-led growth company. This move is aimed at expanding its brand presence and driving growth through strategic partnerships.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 10:37 am