Streetbeat News

Corporate Responsibility

DAN

Dana Incorporated has appointed Steven Miller to its Board of Directors. Miller is replacing Brett Icahn as the Icahn Capital board designee, in line with an agreement previously announced. This change in the board composition could signal a shift in the company's strategic direction or governance influenced by Icahn Capital's involvement.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 12:00 pm

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

TNDM

David B. Berger, COO of Tandem Diabetes Care, will step down from his position effective December 31, 2023, according to a recent filing. Berger is expected to provide advisory services to Tandem throughout 2024, with terms of any agreement to be disclosed in a subsequent filing.

Portfolio Pulse from Benzinga Newsdesk

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

TSLA

Tesla Inc (NASDAQ:TSLA) users are still experiencing issues with the 'steering wheel nag' in full self-driving mode, despite CEO Elon Musk's promises for a fix. The nag requires drivers to apply pressure to the steering wheel to confirm attentiveness, but users find it difficult and potentially unsafe. Musk has acknowledged the problem and suggested that future updates may reduce the nag for experienced FSD beta users, but a definitive solution has not yet been implemented.

Portfolio Pulse from Anan Ashraf

November 13, 2023 | 9:59 am

SPI

SPI Energy Co., Ltd. (NASDAQ:SPI), a global renewable energy company, announced that its subsidiary Solar4America Technology Inc. (S4A) will present its American-made solar modules at RE+ 2023 in Chicago on November 13-14. S4A, based in Sacramento, California, is a solar module manufacturer and will be exhibiting at booth 215.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 8:50 am

GOOGL

Google (NASDAQ: GOOGL) is set to delete content from inactive personal accounts on Gmail, Google Photos, and Google Docs starting December 1. This applies to accounts that have been inactive for over two years. Google has been notifying users about this policy, which was first announced in July. The move aims to optimize data management and enhance security. Active users are not affected. Google advises users to log into their accounts once every two years to avoid data loss and offers a recovery process for those who have lost access.

Portfolio Pulse from Bibhu Pattnaik

November 12, 2023 | 4:59 pm

AAPL

GOOGL

MSFT

Apple Inc. (AAPL) has been highlighted in several key tech developments, including leading the AI race according to Morgan Stanley, potential in-house battery development for iPhones post-2025, a delay in its self-driving car project, and a new macOS feature to curb warranty fraud. Google (GOOGL) is appealing to EU regulators to make Apple's iMessage compatible with other services, while Microsoft (MSFT) is also mentioned as a competitor in AI.

Portfolio Pulse from Benzinga Neuro

November 12, 2023 | 4:00 pm

BIDU

MSFT

NVDA

Baidu Inc. has shifted from using NVIDIA Corporation's AI chips to Huawei's, placing an order for 1,600 chips worth approximately $61.83 million. Microsoft Corporation temporarily blocked employee access to OpenAI's ChatGPT over data security concerns. OpenAI's GPT-4 upgrade has seen higher than expected usage, with plans to expand access to all subscribers. Former President Barack Obama emphasized the need for deliberate AI regulation. Elon Musk criticized the Microsoft-OpenAI partnership, suggesting Microsoft has significant control over ChatGPT.

Portfolio Pulse from Benzinga Neuro

November 12, 2023 | 4:00 pm

BRK

TSLA

Elon Musk, CEO of Tesla, Inc., humorously remarked on Warren Buffett's missed opportunity to invest in Tesla when it was valued at just 0.1% of its current value. Musk's comment was in response to a post praising Buffett's investment wisdom. Despite Buffett's value investing strategy, which contrasts with Tesla's growth stock profile, Musk had previously suggested Tesla as an investment to Buffett's team. Buffett and his business partner Charlie Munger have recently acknowledged Musk's talent, despite earlier skepticism about Tesla's prospects.

Portfolio Pulse from Shanthi Rexaline

November 12, 2023 | 3:18 pm