Streetbeat News

Products Services

ETWO

E2open has successfully achieved interoperability certification on the Catena-X network, marking a significant milestone for the company in enhancing its capabilities in the automotive supply chain network.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 1:18 pm

TSLA

Tesla (TSLA) presents a favorable risk-reward for long-term investors, trading over 60% below its all-time highs. Despite expected slower vehicle volume growth in 2024 due to new product launches, Tesla's energy storage and generation business is anticipated to grow faster. The company is making progress with its Optimus robot and Full Self-Driving technology, and the ramp-up of Cybertruck production to 1,000 units per week showcases growing manufacturing capabilities. A technical analysis suggests the $135 to $150 range as a good entry point for investors, with potential for significant gains.

Portfolio Pulse from Ripster

April 24, 2024 | 1:17 pm

UBER

Klarna, a Swedish fintech company, has announced a significant global partnership with Uber, integrating its payment options into the Uber and Uber Eats apps in the U.S., Germany, and Sweden. This collaboration, one of Klarna's most notable merchant agreements, comes as Klarna prepares for a potential IPO, rumored to value the company at over $20 billion. The deal allows users to pay instantly or bundle purchases into a single payment, excluding Klarna's popular installment plans. Klarna's move to secure big pre-IPO merchant wins follows a challenging period where it saw a significant valuation drop, but it has recently reported a quarterly profit for the first time in four years.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 1:14 pm

BA

Boeing's CEO announced on CNBC that the company has achieved an 80% reduction in fuselage non-conformance issues, indicating significant improvements in manufacturing quality and compliance.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 1:13 pm

GOOG

RAMP

Google has announced a delay in its plan to phase out third-party cookies in Chrome, moving the timeline from the second half of 2024 to early 2025. LiveRamp has stated that this delay does not affect their strategy or market approach, as they have been prepared for the deprecation of third-party cookies with their Authenticated Traffic Solution (ATS) and investments in clean room technology for secure first-party data collaboration. LiveRamp believes they are well-positioned to assist the industry in transitioning to cookieless solutions.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 1:10 pm

DASH

WBA

DoorDash (NASDAQ:DASH) and Walgreens (NASDAQ:WBA) announced a collaboration to offer SNAP/EBT payment options at nearly 7,800 Walgreens stores nationwide, making DoorDash the first platform to enable such transactions. This partnership aims to expand food access to over 40 million people in communities with significant SNAP/EBT reliance. DoorDash users can now order over 4,000 SNAP-eligible products from Walgreens for delivery, with DashPass members enjoying additional savings. This initiative marks a significant expansion of DoorDash's offerings to SNAP/EBT recipients, furthering its commitment to increasing food accessibility.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 1:08 pm

MAMO

Massimo Group has expanded its partnership with a global omnichannel retailer to include the Mini Tractor and Mini 125 Go Kart in its youth series vehicles lineup. These products will now be available for sale in over 1,300 stores across 13 states in the U.S. This expansion is likely to increase the visibility and sales of Massimo's youth series vehicles.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 1:06 pm

TPET

Trio Petroleum's stock is trading higher following the announcement of the commencement of oil sales from its California assets.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 1:05 pm

CAPR

Capricor Therapeutics announced a Type-B meeting with the FDA regarding its CAP-1002 program for Duchenne Muscular Dystrophy. The FDA's feedback supports the company's requests for a pre-BLA meeting and a subsequent rolling BLA submission following an upcoming Q2 Type-B FDA meeting.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 1:04 pm

SNOW

Snowflake announced the launch of Arctic, an enterprise-grade large language model, marking a significant expansion into AI services. This move is expected to enhance Snowflake's offerings in the data analytics and AI sectors, potentially increasing its competitive edge and attracting more enterprise customers.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 1:02 pm