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UBER

Smarty has announced a service partnership with Uber Technologies, Inc. (NYSE:UBER) to provide accurate, real-time address data for Uber's global operations. This collaboration aims to enhance Uber's ride-sharing, meal delivery, and local courier services by improving operational efficiency and customer satisfaction through precise address data. Smarty's CEO, Jonathan Oliver, highlighted the importance of accurate address data in reducing operational costs and improving the customer experience, emphasizing the critical role of data quality in the future of urban transportation.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 1:17 pm

LPLA

LPL Strategic Wealth Services announced the launch of Thimble Island Private Wealth, which serves approximately $830 million in advisory, brokerage, and retirement plan assets. This move signifies LPLA's commitment to expanding its wealth management services and could potentially attract more clients and assets under management.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 1:15 pm

VECO

Veeco Instruments Inc. (NASDAQ:VECO) has received a multi-system order from a leading semiconductor company for its laser annealing systems, including the LSA201™ and the first NSA500™ Nanosecond Annealing System, to support the production of 2-nanometer gate-all-around logic semiconductor chips. These systems are crucial for enhancing device performance, reducing power consumption, and supporting advanced manufacturing processes.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 1:14 pm

SLB

SLB OneSubsea and Subsea7 have been awarded an integrated contract for OKEA's North Sea Bestla project. The financial terms of the contract were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 1:13 pm

EDBL

Edible Garden has entered into a product development agreement with Hermann Pickle Company to expand its product offerings. This collaboration aims to leverage Hermann Pickle Company's expertise to enhance Edible Garden's product line, potentially increasing its market share and consumer base.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 1:13 pm

ANSS

Ansys (NASDAQ:ANSS) and Schrödinger have partnered to develop an integrated computational materials engineering (ICME) approach, aiming to accelerate materials discovery and optimize product development. This collaboration will allow engineers to identify suitable materials for their designs before manufacturing begins, using Ansys' multiphysics solutions and Schrödinger's materials solutions. The partnership aims to bridge the gap between materials discovery and product development, enabling faster and more optimized manufacturing workflows.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 1:13 pm

SCHL

Mob Entertainment and Scholastic have entered into a multi-year partnership to extend the Poppy Playtime video game series into various book genres. The first release under this partnership will be the 'Poppy Playtime Orientation Notebook', marking the beginning of a series of books exploring the game's lore.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 1:09 pm

AMD

AMD (NASDAQ:AMD) has partnered with Optiver, a global market maker, to modernize its data center infrastructure. Optiver is utilizing AMD's high-performance computing products, including 4th Gen AMD EPYC processors, Solarflare Ethernet Adapters, Virtex UltraScale+ FPGAs, and Alveo Accelerators, to enhance its financial market operations. This collaboration aims to address technical challenges in capital markets by building advanced systems for better efficiency and speed, demonstrating AMD's capability to meet commercial customer needs with its diverse compute engine portfolio.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 1:08 pm

MYGN

Myriad Genetics, Inc. (NASDAQ:MYGN) announced the reorganization of its European operations and the sale of its EndoPredict business to Eurobio Scientific, aiming to align resources more closely with domestic opportunities while maintaining service to international partners and patients. The deal, expected to close in Q2 or Q3 of 2024, includes licensing Eurobio the right to sell Prolaris in vitro diagnostic kits outside the U.S., while Myriad retains the right to produce and sell EndoPredict in the U.S. as part of its Precise Oncology Solutions suite.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 1:07 pm

RSI

Infront has announced a partnership with Rush Street Interactive (RSI) to expand its betting operations in North America. This strategic collaboration aims to leverage Infront's expertise in sports marketing and RSI's established online gaming and betting platform to capture a larger share of the growing North American betting market.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 1:06 pm