Streetbeat News

Corporate Responsibility

AAPL

MSFT

NVDA

OpenAI is seeking a $150 billion valuation in its new funding round, contingent on removing a profit cap for investors. This shift from a non-profit to a more investment-attractive entity involves major investors like Microsoft, Nvidia, and Apple. The restructuring could significantly impact OpenAI's valuation and governance.

Portfolio Pulse from Rounak Jain

September 14, 2024 | 7:17 am

TMUS

T-Mobile has entered into a compensation letter agreement with its CFO, Peter Osvaldik, to ensure his continued employment with the company.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 8:21 pm

SNAP

Snap Inc. has appointed Jim Lanzone, the CEO of Yahoo, to its Board of Directors, effective September 12. This move could bring valuable leadership and strategic insights to Snap.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 8:12 pm

DVA

DaVita shares rose following the appointment of David Maughan as the new Chief Operating Officer.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 6:39 pm

ALLR

Allarity Therapeutics shares rose following the appointment of a new CFO, indicating positive investor sentiment towards the leadership change.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 6:07 pm

NSC

Norfolk Southern shares are experiencing a decline in value following the announcement of a change in the company's CEO.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 6:03 pm

INTU

RKT

Dan Gilbert, co-founder and Chairman of Rocket Companies, spoke at the Detroit Economic Club about Detroit's revitalization and Rocket's success. He highlighted Rocket's unique culture and the shift to online mortgage services. Gilbert also discussed personal tragedies and his philanthropic efforts in Detroit, including a new medical center.

Portfolio Pulse from Aaron Bry

September 13, 2024 | 5:48 pm

CVX

DRLL

XLE

Chevron Corporation is advancing its green shipping initiatives by collaborating with Mitsui O.S.K. Lines to install a wind-assisted propulsion system on a new LNG carrier. This marks the first LNG carrier to use such technology, aligning with Chevron's carbon reduction goals. The vessel is set for delivery in 2026.

Portfolio Pulse from Lekha Gupta

September 13, 2024 | 4:59 pm

BA

The White House is urging Boeing and its machinists to negotiate in good faith to reach an agreement that benefits employees and strengthens the company.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 4:21 pm

BA

Boeing's CFO highlighted increased challenges in stabilizing the supply chain during Morgan Stanley's 12th Annual Laguna Conference 2024. This indicates potential operational hurdles for Boeing.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 4:18 pm