Streetbeat News

Corporate Responsibility

CVEO

Civeo Corporation has announced the appointment of E. Collin Gerry as the new Senior Vice President, Chief Financial Officer, and Treasurer, effective August 1, 2024. He will replace the interim CEO Barclay Brewer.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 10:31 am

AMZN

Amazon has committed an additional $1.4 billion to its Amazon Housing Equity Fund, bringing its total investment to over $3.6 billion. This funding aims to create and preserve over 35,000 affordable homes in the Puget Sound region, Arlington, VA, and Nashville, TN.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 9:55 am

NVDA

TSLA

Nvidia CEO Jensen Huang's unconventional management style, which avoids scheduled one-on-one meetings unless requested, has garnered attention and support from Tesla CEO Elon Musk. This approach aims to facilitate quick information flow and agility within Nvidia. Despite this unconventional style, Nvidia's stock has been performing well.

Portfolio Pulse from Benzinga Neuro

June 12, 2024 | 8:32 am

TSLA

Elon Musk faces allegations of intimate relationships with female colleagues at SpaceX, raising concerns about a culture of sexism and harassment. SpaceX President Gwynne Shotwell refutes the claims, calling them misleading. The news could impact investor sentiment towards Musk's companies, including Tesla, which is currently holding a shareholder vote on Musk's $46 billion pay package.

Portfolio Pulse from Benzinga Neuro

June 12, 2024 | 7:54 am

AAPL

MSFT

Samsung has merged its North American AI research centers and appointed former Apple executive Murat Akbacak to lead the new division. This move highlights the increasing focus on AI by major tech companies like Samsung and Apple.

Portfolio Pulse from Ananya Gairola

June 12, 2024 | 5:19 am

TSLA

Tesla Inc. (NASDAQ:TSLA) shareholders are preparing for a crucial vote on CEO Elon Musk's $44.9 billion pay package. Analysts, including Dan Ives from Wedbush, and former Ford CEO Mark Fields, have emphasized the potential negative impact on Tesla if Musk were to leave. The vote is expected to be close, with significant implications for Tesla's future, especially in AI and robotics. The stock closed at $170.66, down 1.80% on Tuesday.

Portfolio Pulse from Kaustubh Bagalkote

June 12, 2024 | 2:13 am

DIS

Leading pollster Nate Silver, founder of FiveThirtyEight, suggests that both Joe Biden and Donald Trump should drop out of the 2024 presidential election. Silver, who no longer works for FiveThirtyEight, which is owned by Walt Disney Co (NYSE:DIS), cited Biden's low approval ratings and high inflation as significant challenges. He also mentioned that both parties and the country would benefit from new candidates.

Portfolio Pulse from Chris Katje

June 11, 2024 | 9:24 pm

LDWY

Lendway has appointed Mark R. Jundt and Daniel C. Philp as Co-Chief Operating Officers effective July 1, 2024. The current President and CEO, Randy Uglem, has tendered his resignation. Jundt has been a member of the Board of Directors since November 2022 and its Chair since August 2023.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 9:22 pm

NEON

Neonode has adjourned its Annual Meeting of Stockholders due to a lack of the required quorum. The meeting will reconvene on June 25, 2024, at 3:00 p.m. local time at Neonode's principal executive office in Stockholm, Sweden.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 9:00 pm

ICCH

ICC Holdings announced that the Stilwell Group has withdrawn its nomination of Joseph Stilwell for election to the company's board. The company is urging shareholders to vote for the current directors using the white proxy card.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 8:43 pm