Streetbeat News

Products Services

ROIV

Roivant Sciences plans to announce further clinical results for its two drugs, 1402 and brepocitinib, in the last quarter of the year.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 12:12 pm

BA

Royal Jordanian has placed an order for four Boeing 787-9 Dreamliner jets and reconfirmed a previous order for two more, totaling six 787-9s on backlog. The financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 11:58 am

WBX

Wallbox (WBX) has expanded its partnership with Sonepar to advance the energy transition, providing installers with access to advanced, user-friendly, and efficient charging solutions.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 11:54 am

IGT

International Game Technology (IGT) has announced that its IGT PlayDigital division will be expanding its content in Italy through a partnership with Microgame, a prominent provider of online gaming services in the Italian iGaming market. This collaboration aims to enhance IGT's presence and offerings in the Italian digital gaming space.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 11:50 am

UEC

Uranium Energy Corp has filed an initial assessment technical report summary for its wholly-owned Alto Paraná Titanium Project in Paraguay, indicating progress in the development of the project.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 11:41 am

TTI

XOM

Exxon Mobil Corp (XOM) plans to start lithium production in Arkansas by 2026, aiming to produce at least 10,000 metric tons annually in partnership with Tetra Technologies Inc (TTI). This move into the electric vehicle (EV) battery metal sector involves filtering lithium from brine deposits. XOM has also secured over 6,100 lithium-rich acres in Arkansas with TTI and plans additional production from another 100,000 acres by 2027. XOM's Q3 FY23 adjusted net profit was $9.12 billion, down from the previous year. XOM shares saw a slight premarket increase.

Portfolio Pulse from Lekha Gupta

November 13, 2023 | 11:41 am

CROX

MCD

McDonald's and Crocs have announced a collaboration to launch a line of shoes, socks, and Jibbitz charms. The collection, inspired by fans of both brands, will be available from November 14 in over 30 countries globally.

Portfolio Pulse from Charles Gross

November 13, 2023 | 11:41 am

AL

BA

Air Lease Corporation (ALC) has placed 18 new Boeing 737-8 aircraft on lease with EGYPTAIR, with deliveries scheduled from 2025 to 2026. This marks the first transaction between ALC and the Egyptian flag carrier, as well as the first time EGYPTAIR will add the 737-8 model to its fleet. The financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 11:35 am

TSLA

Gary Black, Future Fund Managing Partner, believes Tesla's potential $25K Model 2 could be a game changer, similar to Apple's iPhone, and could lead to the capitulation of ICE competitors. He suggests the Model 2 will be a high-quality, mass-producible EV at a profit, which could crush ICE viability. Tesla's volume has decreased this year, and a cheaper, high-volume car like the Model 2 is seen as necessary to boost sales and protect margins. Ron Baron, a Tesla bull, predicts Tesla will build its $25,000 EV within 18 months. Tesla's stock was slightly up in premarket trading.

Portfolio Pulse from Shanthi Rexaline

November 13, 2023 | 11:08 am

TSLA

EG Group, a UK-based petrol station operator, is set to expand its EV charging network in Europe by acquiring ultra-fast charging units from Tesla Inc. (NASDAQ:TSLA). The expansion aims to increase EG Group's chargers from 600 to over 20,000, supporting the UK's net-zero emissions goal by 2050. Tesla's chargers will be part of an open network, accessible to all drivers, and Tesla is also making its fast-charging hardware available for purchase to other companies in the EV infrastructure sector.

Portfolio Pulse from Benzinga Neuro

November 13, 2023 | 11:02 am