Streetbeat News

Corporate Responsibility

YVR

Liquid Media Group Ltd. (NASDAQ:YVR) has announced the cancellation of the special meeting of shareholders previously scheduled for May 26, 2023.

Portfolio Pulse from Happy Mohamed

May 25, 2023 | 5:31 pm

AI

C3.ai, an AI software company, is facing criticism for product delays and micromanagement by its founder, Tom Siebel, according to Bloomberg News.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 1:51 pm

EADSY

FRPT

IEP

NVDA

PLTR

Bill Ackman believes Carl Icahn's firm is overvalued after Hindenburg Research's report. Nvidia nears $1 trillion market cap after strong Q1 results. Freshpet's largest shareholder, Jana Partners, pushes for board overhaul. Airbus receives its largest commercial helicopter order in Italy from Air Corporate. Palantir Technologies collaborates with Ukraine's Ministry of Digital Transformation for defense and reconstruction efforts.

Portfolio Pulse from Vandana Singh

May 25, 2023 | 1:27 pm

BA

Boeing's CFO revealed that the company's defense sector is facing more pressure than initially anticipated.

Portfolio Pulse from Happy Mohamed

May 25, 2023 | 1:26 pm

BABA

Alibaba Group has dismissed rumors about layoffs, stating that they are 'just rumors'. The company plans to hire 15,000 employees this year.

Portfolio Pulse from Bill Haddad

May 25, 2023 | 1:00 pm

FRPT

Jana Partners, Freshpet's largest shareholder with a 9.3% stake, plans to launch a proxy battle and nominate four directors. Jana accuses Freshpet's board of disregarding shareholder duties and using corporate resources for outside interests. Freshpet reported Q1 FY23 sales growth of 26.7% YoY to $167.52 million.

Portfolio Pulse from Vandana Singh

May 25, 2023 | 12:22 pm

BBW

As of April 29, 2023, Build-A-Bear Workshop had 482 global locations, including 349 corporately-managed stores, 70 third-party retail locations, and 63 international franchisees. There was one net closure in corporately-managed stores and four net closures in international franchisees during the fiscal 2023 first quarter.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 10:49 am

GRAB

Grab Holdings co-founder Tan Hooi Ling plans to step down from her operating roles, including her directorship, by the end of 2023.

Portfolio Pulse from Charles Gross

May 25, 2023 | 10:37 am

J

Jacobs (NYSE:J) and the University of Manchester will create a new international research center, CRADLE, to develop robotics and autonomous systems for climate response. The center will be co-funded by Jacobs, the University of Manchester, and the UK EPSRC's Prosperity Partnerships program, with a total value of $11 million over five years.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 8:17 am

GOOG

GOOGL

Former Alphabet CEO Eric Schmidt warned about the potential existential risks posed by artificial intelligence (AI) and emphasized the need for governments to address its responsible use and regulation. His remarks echo concerns expressed by Elon Musk, Sam Altman, Geoffrey Hinton, Sundar Pichai, and Warren Buffett.

Portfolio Pulse from Ananya Gairola

May 25, 2023 | 4:54 am