Streetbeat News

Products Services

GFS

GlobalFoundries has received $9.5 million in U.S. federal funding to advance its gallium nitride (GaN) chip manufacturing. This funding will help GF move closer to large-scale production of next-generation GaN chips for RF and high-power applications.

Portfolio Pulse from

December 04, 2024 | 2:30 pm

MFC

Conquest Planning has created over 1 million financial plans and has been recognized as a top innovator in the Manulife and World Economic Forum's Prospering in Longevity Challenge. The company is expanding the reach of its AI-driven financial planning software.

Portfolio Pulse from

December 04, 2024 | 2:30 pm

NWL

The portable coolers market is projected to grow significantly, with the hard-sided coolers segment expected to reach $11.6 billion by 2030 at a 14.5% CAGR. The U.S. market is valued at $2 billion in 2023, while China's market is forecasted to grow at a 17% CAGR to $4.5 billion by 2030.

Portfolio Pulse from

December 04, 2024 | 2:30 pm

SHAK

The restaurant industry is facing increased competition and challenges, particularly with the rise of mobile ordering, which is adding pressure on kitchen operations. Shake Shack founder Danny Meyer is focused on identifying the next big trends in food.

Portfolio Pulse from

December 04, 2024 | 2:30 pm

RVMD

Revolution Medicines' stock has surged over 30% since April due to promising clinical data for its lead asset, RMC-6236, targeting RAS-mutated cancers. Despite a recent stock dip from a $600m public offering, the company has a strong cash position and promising pipeline.

Portfolio Pulse from

December 04, 2024 | 2:30 pm

AYRO

AYRO, Inc. has partnered with GLV Ventures to leverage lower-cost U.S. manufacturing for its Vanish electric vehicle. This partnership aims to enhance engineering and manufacturing capabilities, potentially leading to new partnerships and purchase orders.

Portfolio Pulse from

December 04, 2024 | 2:30 pm

AMZN

CRM

MRVL

NVDA

Salesforce and Marvell have reported strong earnings, while Amazon is making moves that could impact Nvidia.

Portfolio Pulse from

December 04, 2024 | 2:30 pm

MRVL

Marvell Technology's stock surged in premarket trading following the release of strong quarterly earnings and a positive outlook, driven by high demand for its custom AI chips.

Portfolio Pulse from

December 04, 2024 | 2:30 pm

LOB

Sunbound, a finance solutions leader for senior living, has received an investment from Live Oak Ventures, a subsidiary of Live Oak Bancshares. This partnership aims to enhance financial stability for senior living operators, allowing them to focus on resident care.

Portfolio Pulse from

December 04, 2024 | 2:15 pm

K

Pop-Tarts has announced the return of the Frosted Cinnamon Roll flavor as the third edible mascot for the Pop-Tarts Bowl, joining Frosted Hot Fudge Sundae and Frosted Wild Berry. Fans can enter a contest to win a piece of the winning edible mascot.

Portfolio Pulse from

December 04, 2024 | 2:15 pm