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Corporate Responsibility

TTE

TotalEnergies has signed a 15-year renewable Power Purchase Agreement (PPA) with Saint-Gobain to supply solar power to Saint-Gobain's 125 industrial sites in North America. The power will be supplied from TotalEnergies' Danish Fields Solar farm in Texas, which is expected to come online in 2024. This is TotalEnergies' second long-term solar power supply agreement and is part of its commitment to offering renewable energy solutions to businesses worldwide.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 10:59 am

BROG

DHR

EURN

EXK

SDC

SENS

Several stocks recorded losses in Monday's pre-market trading session. SmileDirectClub filed for bankruptcy, causing its shares to tumble 64.1%. Brooge Energy's shares dipped 9.8% despite reporting a 122% YoY revenue increase. Danaher Corporation's shares declined 9.6% after it completed the separation of Veralto Corporation. Other companies experiencing a decline in shares include Kellogg Company, Euronav NV, Endeavour Silver Corp., and Senseonics Holdings.

Portfolio Pulse from Lisa Levin

October 02, 2023 | 10:03 am

TSLA

The weekend's top stories included Mary Trump's insights on Donald Trump's influence, Vivek Ramaswamy's nanny hunt, an auction of a Tesla Cybertruck, Hunter Biden's legal fees, and a proposal to cut Defense Secretary Lloyd Austin's salary. The auction of a Tesla Cybertruck at the Petersen Automotive Museum has sparked speculation among fans.

Portfolio Pulse from Benzinga Neuro

October 02, 2023 | 9:47 am

EXLS

EXL, a data analytics and digital operations company, is expanding its operations into Dublin, establishing a headquarters for international business. The company plans to hire up to 200 AI and data engineers over the next three years. As part of its expansion, EXL has announced a collaboration with University College Dublin and the Center for Applied AI, facilitated by the Irish government's Human Capital Initiative.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 7:14 am

VTRS

Viatris plans to divest its OTC, Women's Healthcare, and API businesses in a strategic move that could yield up to $6.94B in total gross proceeds. The company will retain rights for Viagra®, Dymista® and select OTC products in certain markets, representing about $1.6B in estimated retained value. The divestitures, expected to close by H1 2024, will result in up to 12 facilities and over 6,000 employees, or about 15% of the company's global workforce, being conveyed. The proceeds will be used for debt paydown to reach a gross leverage target of 3.0x in H1 2024.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 7:07 am

AXP

TSLA

This week in politics saw several notable events. Rep. Alexandria Ocasio-Cortez criticized Rep. Tony Gonzales for allegedly prioritizing a trip with Tesla Inc CEO Elon Musk over his legislative duties. President Joe Biden urged Republicans to act quickly to avert a potential government shutdown. Mike Lindell, CEO of MyPillow, reported that American Express significantly reduced his company's credit line.

Portfolio Pulse from Benzinga Neuro

October 01, 2023 | 12:03 pm

TLLTF

VRNOF

Verano Holdings Corp. and TILT Holdings Inc. are launching campaigns for Breast Cancer Awareness Month. Verano's campaign will span across eleven states, with customers at Zen Leaf and MÜV dispensaries supporting the Lynn Sage Breast Cancer Foundation. TILT's subsidiary, Standard Farms, will donate $5 to the PA Breast Cancer Coalition for each Jupiter Pink Ceramic Mouth Tip vape cartridge sold in October. Florida-based Sunmed | Your CBD Store is also participating, donating 3% of online sales and $1 from specially marked in-store products to the National Breast Cancer Foundation.

Portfolio Pulse from Joana Scopel

October 01, 2023 | 3:07 am

NVDA

TSLA

Tesla CEO Elon Musk responded humorously to a fan's request for him to revolutionize chip manufacturing, hinting at the diverse product array he is already involved in. Musk agreed that something needs to be done about chip manufacturing. During Tesla's Q2 earnings call, Musk clarified that Tesla uses a lot of Nvidia's hardware and will continue to do so as fast as Nvidia can deliver it.

Portfolio Pulse from Anan Ashraf

September 30, 2023 | 3:07 am

DIS

SONY

THQQF

Trailers and promotional materials for the 'Star Wars: Knights of the Old Republic' remake have been removed from the internet, sparking concerns about the project's future. Sony Group Corp. (NYSE:SONY) attributed the removal to music licensing issues. The game, initially developed by Aspyr, failed to impress Lucasfilm (NYSE:DIS) and Sony, leading to a pause in development and a shift to Saber Interactive, a subsidiary of Embracer Group AB (OTC:THQQF). The release date remains uncertain, with potential delays until 2025.

Portfolio Pulse from Franca Quarneti

September 29, 2023 | 9:22 pm

RIVN

Rivian has agreed to build an electric vehicle (EV) manufacturing plant in Georgia, creating 7,000 new jobs for full-time employees and making a minimum capital investment of $5 billion in the project.

Portfolio Pulse from Bill Haddad

September 29, 2023 | 8:16 pm