Streetbeat News

Corporate Responsibility

TSLA

Tesla Inc has started its own diesel-powered train shuttle, the 'giga train', for employees at its Gigafactory in Berlin. The train can transport 400 people per ride from Erkner railway station near Berlin to the factory. The train will run about 60 times a day, five days a week, and will also serve the general public free of charge. Tesla acquired the track from Deutsche Regionaleisenbahn Group in January 2022.

Portfolio Pulse from Anan Ashraf

September 05, 2023 | 3:02 am

NVDA

Nvidia Corp.'s CEO Jensen Huang met with India's Prime Minister Narendra Modi to discuss the potential of AI in India. Nvidia, which has been capitalizing on the AI momentum, recently reported Q2 results that exceeded projections and issued upbeat guidance. The company's A100 AI chip is widely used for training large-language models. Nvidia began its India operations in 2004 and now has four engineering development centers in the country, employing over 3,800 people and having more than 320,000 India-based developers in its program.

Portfolio Pulse from Shanthi Rexaline

September 04, 2023 | 6:50 pm

GSK

ROIV

Vivek Ramaswamy, founder of Roivant Sciences Ltd. (NASDAQ:ROIV), and Warren Buffett share similarities in their investment strategies and views on social issues. Ramaswamy once aspired to make Roivant the 'Berkshire Hathaway' of drug development. Roivant bought an Alzheimer's drug candidate from GlaxoSmithKline (NYSE:GSK) in 2015, which was later shelved after unsuccessful clinical trials. Both Ramaswamy and Buffett are critical of companies and investment managers pursuing social agendas at the expense of their fiduciary duties.

Portfolio Pulse from Shanthi Rexaline

September 04, 2023 | 6:39 am

AAPL

Apple Inc. (NASDAQ:AAPL) has been in the news this week for a variety of reasons including product predictions, technological advancements, and strategic decisions. Key highlights include the anticipated iPhone 15 Pro Max with a periscope camera, exploration of a new display technology for iPhone 16, a significant discount on the 13-inch MacBook Air, changes in customer support strategy, and the retirement of the iTunes Movie Trailers platform.

Portfolio Pulse from Benzinga Neuro

September 03, 2023 | 2:00 pm

BTCUSD

XOM

Cathie Wood, the force behind ARK Invest, highlighted Exxon's (NYSE:XOM) initiative to incorporate Bitcoin mining machines into their natural gas fields during her appearance on the Raz Report. This move ensures that natural gas, instead of being released or flared, is utilized to mint Bitcoin, addressing environmental concerns and transforming a potential environmental issue into a profitable venture.

Portfolio Pulse from Jose Rodrigo Safdiye

September 03, 2023 | 5:00 am

TSLA

Elon Musk, CEO of Tesla Inc. and SpaceX, was reportedly engrossed in a video game marathon after making a decision to acquire Twitter, now rebranded as X. The incident occurred in April 2022, and was shared by musician Grimes, Musk's former partner. Despite his responsibilities at multiple companies, including Neuralink, Musk's enthusiasm for gaming remains unchanged.

Portfolio Pulse from Bibhu Pattnaik

September 02, 2023 | 7:02 pm

F

Ford Motor Co (NYSE:F) has announced that it will spend an estimated $270 million to service several of its vehicles, following a recall of over 169,000 vehicles due to issues with their rearview cameras. The affected vehicles include certain 2020-2023 Explorer and Aviator vehicles, 2020-2022 Corsair vehicles, 2022-2023 Transit vans, 2018-2021 Navigator vehicles, and 2021 Bronco vehicles. The company will replace the rearview cameras and update software on affected vehicles at no cost to the customer.

Portfolio Pulse from Anan Ashraf

September 02, 2023 | 4:14 am

TSLA

Elon Musk, CEO of Tesla, is reportedly facing personal challenges due to a strained relationship with his eldest child, Jenna, according to a biography by Walter Isaacson. Jenna, who is transgender, has cut off communication with Musk, causing him significant distress. This comes against a backdrop of Musk's controversial comments on transgender issues.

Portfolio Pulse from Benzinga Neuro

September 02, 2023 | 3:15 am

BTCUSD

DOGEUSD

ETHUSD

WWE

The People’s Fund of Maui, initiated by Oprah Winfrey and Dwayne “The Rock” Johnson to aid victims of the Maui wildfires, is now accepting cryptocurrency donations. The fund accepts Bitcoin, Ether, and Dogecoin, among other cryptocurrencies and fiat currencies. The move highlights the growing acceptance of digital assets in mainstream philanthropy. All Hands and Hearts, a disaster relief organization, is also accepting both cryptocurrency and fiat donations for the cause.

Portfolio Pulse from Murtuza Merchant

September 01, 2023 | 4:10 pm

F

Ford Motor Company has issued a recall of 169,000 SUVs and other vehicles to replace faulty rear cameras. The recall could potentially impact the company's reputation and financials.

Portfolio Pulse from Bill Haddad

September 01, 2023 | 4:10 pm