Streetbeat News

Partnerships

INTC

Alphawave IP Group plc, a semiconductor company focusing on AI, 5G, and data centers, is expanding its portfolio with $225 million in new orders despite recent financial losses. The company aims for a $1 billion revenue run rate by 2027 through high-margin projects and partnerships with TSMC, Samsung, and Intel.

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November 13, 2024 | 7:15 pm

NOC

Northrop Grumman Corporation participated in the Baird 2024 Global Industrials Conference, with CEO Kathy Warden representing the company. The event included discussions with conference call participants, including Peter Arment from Baird.

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November 13, 2024 | 6:45 pm

RIVN

VWAGY

Rivian Automotive Inc's joint venture with Volkswagen involves an $800 million investment, raising concerns from UBS analysts about aiding a competitor. The total $5.8 billion funding provides financial support for Rivian, but technology-sharing with VW needs careful management.

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November 13, 2024 | 6:00 pm

EOG

EOG Resources, Inc. participated in the BofA Global Energy Conference, with Jeff Leitzell, the COO, representing the company. The conference is an important platform for discussing the company's strategies and future outlook.

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November 13, 2024 | 5:45 pm

TBPH

Theravance Biopharma (TBPH) reported a narrower-than-expected loss for Q3, with revenues rising year-over-year. The company beat estimates for both sales and earnings, driven by increased collaboration revenues from Viatris.

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November 13, 2024 | 5:45 pm

OPY

Oppenheimer & Co. Inc. concluded its 20th annual Professionals Alliance Group (PAG) Conference, bringing together financial advisors, investment managers, and industry professionals to discuss strategies for enhanced client service. The event highlighted Oppenheimer's wealth management, capital markets, and investment banking capabilities.

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November 13, 2024 | 5:45 pm

RIVN

SMCI

Supermicro (SMCI) is facing challenges with a delayed 10-K filing and the search for a new auditor, leading to a 25% YTD drop in shares. Rivian (RIVN) is expanding its partnership with Volkswagen to boost EV production.

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November 13, 2024 | 5:45 pm

QGEN

QIAGEN has partnered with McGill University Centre for Microbiome Research to advance evidence-based knowledge in medicine and public health. This collaboration could positively impact QIAGEN's stock by enhancing its research capabilities and market position.

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November 13, 2024 | 5:30 pm

PCG

Westbank and PG&E have proposed a net zero community in downtown San Jose, combining a data center with a housing development to meet the city's future needs using clean energy solutions.

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November 13, 2024 | 5:30 pm

BP

BP's joint venture with EnBW will continue its operations unaffected by BP's decision to scale down on renewables. The JV is advancing with its projects.

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November 13, 2024 | 5:30 pm