Streetbeat News

Corporate Responsibility

MDAI

Spectral AI has appointed its founder, Dr. J. Michael DiMaio, as the new Chairman of the company. This leadership change could influence the company's strategic direction.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 8:08 pm

GRYP

Gryphon Digital Mining (NASDAQ:GRYP) released its September 2024 operational update, highlighting a 4% increase in hashrate, production of approximately 19.31 bitcoin, and a high mining fleet uptime of 98.7%. The company continues to focus on sustainable operations powered by zero-carbon hydro power.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 8:07 pm

MSFT

Microsoft's AI researcher Sebastien Bubeck is set to join OpenAI, as reported by The Information. This move could impact Microsoft's AI initiatives and its collaboration with OpenAI.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 7:13 pm

STLA

Stellantis has expanded its employee share purchase plan, 'Shares to Win', to nearly its entire global workforce, offering over 230,000 employees the chance to buy shares at a 20% discount with a matching contribution. This initiative aims to increase employee ownership from 1.8% to 5% of the company's capital.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 5:45 pm

BSFC

Blue Star Foods Corp. (NASDAQ: BSFC) announced a significant 50.4% reduction in liabilities, strengthening its balance sheet by $4.63 million. The company also addressed legal disputes affecting its Canadian subsidiary and reaffirmed its commitment to sustainable seafood production.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 3:36 pm

LUV

Southwest Airlines shares are fluctuating after Elliott Investment Management called for a special shareholder meeting and nominated eight directors to the board. Elliott, holding an 11% stake, is pushing for governance changes due to Southwest's post-pandemic profitability struggles. Despite Southwest's new 'Even Better' plan, Elliott insists on new management for effective execution.

Portfolio Pulse from Adam Eckert

October 14, 2024 | 3:02 pm

MOS

Mosaic Company (NYSE:MOS) expects its Florida fertilizer facilities to return to full production capacity soon after Hurricane Milton. The company reports limited damage and no significant environmental impacts. Mosaic has contributed $500,000 to aid recovery efforts in Florida.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 3:00 pm

BURU

NUBURU, Inc. (NYSE:BURU) has canceled its Special Meeting due to not receiving enough proxies to form a quorum. The proposals will be included in the annual meeting proxy statement expected by October 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 2:57 pm

RDY

Dr. Reddy's Laboratories Inc. has launched a comprehensive menopause support program for its employees in the U.S. during Menopause Awareness Month. This initiative highlights the company's commitment to an inclusive work environment.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 1:53 pm

BA

SPY

U.S. Acting Labor Secretary Julie Su is in Seattle to meet with Boeing and a striking union. This visit highlights ongoing labor issues at Boeing, which could impact the company's operations and stock performance.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 1:49 pm