Streetbeat News

Partnerships

REBN

Reborn Coffee Inc. (NASDAQ:REBN) has announced a major expansion into the China market through a Master License Agreement with IAID Co., Ltd. This partnership aims to introduce Reborn Coffee's specialty coffee in China, starting with a flagship location in Guangzhou. The venture plans future expansions in major cities and aims to revolutionize coffee culture in the Guangdong Province.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 12:41 pm

ANIX

Anixa Biosciences has announced a partnership with Cleveland Clinic to develop cancer vaccines, aiming to leverage their combined expertise to advance cancer treatment options.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 12:27 pm

IMNN

IMUNON, Inc. (NASDAQ:IMNN), a clinical-stage drug-development company, announced Stacy R. Lindborg, Ph.D. as its new President and CEO, effective May 13, 2024. Lindborg, with nearly 30 years in the pharmaceutical and biotech industry, brings extensive experience in drug development and business strategy. She joins IMUNON from BrainStorm Cell Therapeutics, where she was Executive Vice President and Co-Chief Executive Officer. IMUNON is at a pivotal point, expecting topline results from its Phase 2 OVATION 2 Study in advanced ovarian cancer by mid-summer and Phase 1 data from its COVID-19 vaccine by year-end.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 12:14 pm

CGNT

Cognyte Software Ltd. (NASDAQ:CGNT) has secured an approximately $5 million follow-on order from a national intelligence organization in the EMEA region for its investigative analytics software. This marks the third order from this customer in the past year, highlighting the effectiveness and value of Cognyte's technology in enhancing operational efficiency and addressing security threats. The ongoing partnership and repeated orders demonstrate the customer's confidence in Cognyte's solutions.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 12:13 pm

SLNH

Soluna Holdings, Inc. (NASDAQ:SLNH), a developer of green data centers for Bitcoin mining and intensive computing, announced a collaboration with a leading global enterprise GPU-Server OEM and AI infrastructure-as-a-service provider. This partnership will see the launch of Soluna Cloud, focusing on sustainable, scalable AI Cloud and hosting services, utilizing NVIDIA H100 GPUs and renewable-powered data centers for large-scale AI projects. The collaboration aims to deliver energy-efficient supercomputers and expand Soluna Cloud's offerings to include comprehensive software solutions for AI pipelines.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 12:09 pm

MSFT

President Joe Biden and Microsoft Corp. President Brad Smith are set to announce a $3.3 billion investment in an artificial intelligence data center in Racine County, Wisconsin. This investment is on the same land where a failed tech project by Foxconn, a supplier for Apple, was initially planned. The announcement is part of Biden's efforts to promote bipartisan infrastructure and semiconductor subsidies, aiming to boost domestic manufacturing and investments across the U.S. This move is also seen as crucial for Biden's reelection campaign, especially in the key battleground state of Wisconsin.

Portfolio Pulse from Benzinga Neuro

May 08, 2024 | 12:08 pm

NCPL

Netcapital Inc. (NASDAQ:NCPL), through its subsidiary Netcapital Securities Inc., has applied for a broker-dealer registration with FINRA to expand its service offerings, including Reg A+ and Reg D deals. This move aims to support private companies with larger and later stage financings, potentially increasing Netcapital's revenue through additional fees and expanded distribution capabilities. The application's approval is pending with FINRA and the SEC, and no assurance is provided on the timeline or guarantee of approval.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 12:03 pm

WIT

Wipro and Kognitos have announced a collaboration to deploy enterprise-ready GenAI-based business automation solutions. This partnership aims to enhance business processes through advanced AI technologies, potentially improving efficiency and innovation for clients.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 11:45 am

SGHC

Super Group has entered into definitive agreements to assume full control of its sportsbook software technology, previously licensed by Apricot, its long-standing software partner. This strategic move aims to consolidate its technology assets and enhance its operational capabilities in the sportsbook sector.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 11:29 am

TGNA

TEGNA and the Indiana Fever have expanded their broadcast partnership to include 11 additional markets, joining WTHR, TEGNA's Indianapolis NBC affiliate. This expansion creates a 12-market footprint for airing 17 Indiana Fever games for free over the air in 2024.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 11:12 am