Streetbeat News

Corporate Responsibility

MULN

Mullen Automotive's stock (MULN) is experiencing heightened volatility after the company executed a 1-for-100 reverse stock split. Additionally, Mullen announced the delivery of 38 Class 3 vehicles to Randy Marion Automotive Group, resulting in an invoice of $2.5 million to RMA.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 7:10 pm

DMK

DMK Pharmaceuticals' stock is trading higher following the announcement that the company has regained full rights to commercialize ZIMHI.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 4:51 pm

CRWD

On CNBC, CrowdStrike CEO George Kurtz highlighted the potential dangers associated with the use of artificial intelligence (AI). Kurtz's discussion on AI risks may raise awareness about cybersecurity threats and the importance of robust AI security measures. This could potentially affect CrowdStrike's business as it underscores the need for advanced cybersecurity solutions that the company provides.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 4:23 pm

AYRO

Ayro, Inc. has filed a U.S. patent application (#20230406117) for systems and methods related to vehicle environmental impact cancellation. The patent application suggests that Ayro is focusing on innovative solutions to reduce the environmental footprint of vehicles, which could enhance the company's intellectual property portfolio and potentially lead to new product developments.

Portfolio Pulse from Charles Gross

December 21, 2023 | 4:22 pm

DIS

MS

James P. Gorman, CEO of Morgan Stanley, appeared live on CNBC to discuss the board of Disney.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 3:53 pm

MS

James P. Gorman, CEO of Morgan Stanley, appeared live on CNBC to discuss his tenure and leadership at the company.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 3:43 pm

WINA

Winmark Corporation, through its Music Go Round retail chain, has entered into a partnership with Roland Corporation and BOSS to become the official resale partner for both brands. This partnership emphasizes the commitment of all parties to sustainability in the U.S.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 3:04 pm

MSFT

Jordan Peterson criticized Elon Musk's AI chatbot Grok for being 'woke', similar to OpenAI's ChatGPT. Peterson's comments were based on his experience using both AI tools for research. Musk responded by blaming the internet for Grok's wokeness and assured that Grok, which is in beta, will improve. Peterson expressed trust in Musk's approach, contrasting it with Microsoft-backed OpenAI. Musk has been a critic of 'woke' culture and promotes free speech.

Portfolio Pulse from Rounak Jain

December 21, 2023 | 2:40 pm

KMX

During a conference call, a CarMax executive indicated that investors should not expect profit-sharing revenue in Q4 due to inflationary pressures experienced by their partners.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 2:39 pm

LUNA

Luna Innovations received a $50M investment from White Hat Capital Partners. Approximately $25M of the proceeds were used to fund the acquisition of Silixa. The remaining proceeds were utilized to repay a $17M loan with PNC Bank and to improve Luna's balance sheet, enhancing financial flexibility for future strategic growth initiatives.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 2:38 pm