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Corporate Responsibility

ADBE

DIS

NAAS

SPCE

SQSP

Adobe reported better-than-expected Q2 results and strong earnings forecast, while Disney announced the stepping down of its CFO. NaaS Technology is set to report Q1 financial results. Virgin Galactic started commercial spaceline operations, and Squarespace acquired Google Domains business.

Portfolio Pulse from Lisa Levin

June 16, 2023 | 8:54 am

AAPL

AMZN

DB

GOOG

GOOGL

SSNLF

Google has reportedly banned the internal use of AI chatbots, including its own Bard, to prioritize security and protect sensitive information. This follows similar moves by Apple and Samsung. The ban aims to prevent potential data leaks due to AI chatbots' ability to replicate absorbed data during training.

Portfolio Pulse from Ananya Gairola

June 16, 2023 | 5:09 am

MNMD

FCM MM Holdings urges Mind Medicine stockholders to vote on the blue proxy card, expressing concern over MindMed's plan to hold a shareholder meeting regardless of participation level, calling it appalling corporate governance.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 8:26 pm

PRU

Prudential Financial has appointed Nandini Mongia as president of Prudential Open-Architecture Solutions, effective June 19. In this role, Mongia will lead the creation of an open-architecture platform, focusing on expanding Prudential's access to serve clients through both proprietary and non-proprietary products and services.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 8:23 pm

CTRA

Coterra Energy announced the retirement of EVP and CFO Scott C. Schroeder and CHRO Christopher H. Clason. Shane E. Young has been appointed as the new CFO, and Andrea M. Alexander as the new CHRO.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 8:22 pm

THQQF

Embracer Group plans to leverage the 'Lord of the Rings' franchise to create a significant gaming presence, amid restructuring and layoffs. The company will close multiple studios and cancel several games, following a failed $2 billion deal. Embracer Group also holds the rights to the 'Tomb Raider' franchise.

Portfolio Pulse from Franca Quarneti

June 15, 2023 | 8:21 pm

TALO

Talos Energy has appointed Sergio Maiworm as its new CFO and Senior Vice President, succeeding Shannon Young, effective July 1.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 8:16 pm

BUD

Anheuser-Busch CEO Brendan Whitworth announced the company's summer advertising campaign for Bud Light, focusing on its easy-to-drink and enjoyable qualities. The company is also investing in frontline employee job protection and providing financial assistance to independent wholesalers.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 8:16 pm

BUD

Anheuser-Busch CEO, Brendan Whitworth, announced financial assistance for independent wholesalers to support their employees and acknowledged the concerns of valued consumers.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 8:16 pm

BUD

Anheuser-Busch CEO Brendan Whitworth announced three important actions to move the business forward, including investing to protect the jobs of frontline employees.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 8:15 pm