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TSLA

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WKSP

Tesla's CFO stepped down, leading to a fourth consecutive day of losses for the company. Worksport announced its participation in the H.C. Wainwright 25th Annual Global Investment Conference and its collaboration with Hyundai on a solar-powered technology for the 2024 Santa Cruz pickup. Ford postponed the production launch of its EV, the Explorer, which will be built on a Volkswagen platform. Li Auto reported a 209% increase in revenue and plans to introduce its first all-electric model by the end of the year. Volkswagen outsold Tesla in Germany in July.

Portfolio Pulse from Upwallstreet

August 10, 2023 | 1:55 pm

REAX

The Real Brokerage Inc. (NASDAQ:REAX) has promoted Jenna Rozenblat to Chief Operating Officer. Rozenblat will oversee the company's operations, implement strategies to enhance efficiency, and execute the company's vision to build a technology platform that simplifies the process of buying and selling homes. She will report to Real President Sharran Srivatsaa and work with the executive team to drive sustainable growth and capitalize on emerging opportunities in the industry.

Portfolio Pulse from Happy Mohamed

August 10, 2023 | 1:16 pm

LWLG

Lightwave Logic, Inc. (NASDAQ:LWLG) has provided a corporate update for Q2 2023. The company's cash and cash equivalents were $32.6 million as of June 30, 2023. It has begun commercialization of electro-optic polymer materials and signed its first commercial material supply license agreement. The company also strengthened its intellectual property portfolio with 3 U.S. patents and appointed Laila Partridge to its Board of Directors.

Portfolio Pulse from Happy Mohamed

August 10, 2023 | 12:44 pm

DIS

Disney is considering a strategic shift away from traditional TV networks towards film studios, theme parks, and streaming. The company is exploring partnerships for ESPN, with the possibility of its premium sports programming shifting entirely to streaming. Despite a decline in traditional TV network sales and profits, Disney's streaming services showed reduced losses of over $500 million in the quarter. CEO Bob Iger aims to achieve profitability for Disney's streaming business by the autumn of 2024.

Portfolio Pulse from Anusuya Lahiri

August 10, 2023 | 11:51 am

BA

Boeing Company (NYSE:BA) sees Brazil as a potential key player in the production of sustainable aviation fuel (SAF) due to its leadership in biofuels. Brazil's capacity could help the aviation sector reach its goal of net-zero carbon emissions by 2050. However, ensuring sufficient SAF supply is a significant challenge for the industry. Boeing's shares are trading higher by 0.45% to $238.93 in the premarket.

Portfolio Pulse from Nabaparna Bhattacharya

August 10, 2023 | 11:16 am

DDS

Dillard's has announced the upcoming closure of its MacArthur Center location in Norfolk, Virginia. The company did not provide a reason for the closure.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 10:57 am

AMZN

BABA

Two key executives from Amazon's drone delivery program, Prime Air, have resigned. This comes as a setback for the program which has faced regulatory restrictions and crashes. Despite these challenges, Amazon remains committed to advancing drone delivery technology. Alibaba has also been trialing robotic delivery to cut costs and time.

Portfolio Pulse from Anusuya Lahiri

August 10, 2023 | 10:41 am

AQN

Algonquin Power & Utilities Corp. has announced the appointment of Chris Huskilson as interim CEO, succeeding Arun Banskota. The board is now commencing a search for a permanent CEO.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 10:32 am

KRMD

KORU Medical Systems has appointed Tom Adams as its new Chief Financial Officer (CFO).

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 9:39 pm

AWH

Aspira Women's Health Inc. (NASDAQ:AWH) announced that its Chief Scientific and Operating Officer, Ryan Phan, Ph.D., will step down effective September 15, 2023. However, Dr. Phan will remain as an advisor for the company, providing scientific and operational advice related to ongoing product development programs. The company is confident in its ability to launch EndoCheck before the end of 2023.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 9:15 pm