Streetbeat News

Products Services

DIS

Disney (NYSE:DIS) is emphasizing its streaming services by offering competitive salaries for tech roles, with positions paying up to $385,057. This move reflects Disney's strategic pivot towards digital platforms, despite recent layoffs. The company is actively hiring for direct-to-consumer positions, highlighting its commitment to enhancing its streaming capabilities. This focus on streaming comes as Disney faces investor scrutiny and aims to expand its subscriber base through various initiatives.

Portfolio Pulse from Benzinga Neuro

March 20, 2024 | 11:06 am

VEEV

Veeva Systems announced that its Vault EDC solution has surpassed the 1,000 study start milestone, with significant adoption among top biopharmaceutical companies and CROs. This marks a key achievement in the widespread use of modern electronic data capture (EDC) technologies in the industry.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 11:05 am

CABA

The FDA has granted Orphan Drug Designation to Cabaletta Bio's CABA-201 for the treatment of systemic sclerosis, potentially accelerating its development and approval process.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 11:03 am

AIR

AAR has signed a multi-year agreement to supply surplus material for the CFM56-5B engine to Cebu Pacific, supporting 30 scheduled shop visits for the term of the contract. Financial terms were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 10:55 am

NVDA

Sam Altman, CEO of OpenAI, predicts computing power, not fiat or Bitcoin, will be the future's currency, emphasizing the need for significant investments in computing capabilities. Nvidia's CEO, Jensen Huang, aligns with this view, highlighting a $100 trillion AI opportunity and Nvidia's stock rising over 85% this year. Altman suggests nuclear fusion as a solution to energy challenges in computing, praising Helion Energy's work.

Portfolio Pulse from Rounak Jain

March 20, 2024 | 10:47 am

IMUX

Immunic, Inc. has received a notice of allowance from the USPTO for a patent covering the composition-of-matter of Vidofludimus Calcium (IMU-838) and its production method, expected to extend protection into 2039.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 10:33 am

BK

BNY Mellon has expanded its partnership with CIFC to include CIFC's U.S. direct lending strategy on BNY Mellon IM's global distribution platform, making it available to clients in EMEA and APAC.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 10:21 am

BNTX

BioNTech announced the delivery of over 400 million Covid-19 vaccine doses globally in 2023, including a vaccine adapted to the XBB.1.5 variant. This achievement underscores the company's ongoing contribution to combating the pandemic.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 10:17 am

ADTN

Adva Network Security, a unit of Adtran, is launching a project under the Important Projects of Common European Interest (IPCEI) to develop cloud-optimized, secure network access technology. This initiative is part of a broader effort to create a Next-Generation Cloud Infrastructure and Services (IPCEI-CIS) that ensures digital sovereignty.

Portfolio Pulse from Charles Gross

March 20, 2024 | 10:13 am

BA

SPR

At the BofA Securities Global Industrials Conference, Boeing's CFO reaffirmed that the timelines for the Max 7 and Max 10 aircraft remain unchanged. This statement is crucial for investors and stakeholders, indicating stability in Boeing's production and delivery schedules.

Portfolio Pulse from Charles Gross

March 20, 2024 | 10:05 am