Streetbeat News

Corporate Responsibility

GDHG

Golden Heaven Group Holdings has been granted land use rights for a 26,000 square meter plot in the Yunhe Sanwan Scenic Spot. This development could potentially enhance their business operations and growth prospects.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 12:04 pm

PM

Swedish Match, a subsidiary of Philip Morris International (PMI), is investing $232 million to expand its Kentucky facility, creating 450 jobs and boosting smoke-free product production. This expansion aligns with PMI's mission to promote smoke-free alternatives and is expected to generate an additional $277 million annually in regional economic impact.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 11:36 am

MSFT

ReNew has signed a significant 437.6 MW green energy deal with Microsoft, marking one of the largest corporate renewable energy agreements in India. The deal includes the establishment of a community fund to support environmental justice initiatives.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 11:33 am

MASI

Masimo is collaborating with March of Dimes to support NICU parents by donating $100,000 worth of Stork™ Smart Home Baby Monitoring Systems. The company will also participate in a donation matching program.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 11:16 am

FCOM

META

METU

Meta Platforms, Inc. (NASDAQ:META) has partnered with Sage Geosystems to expand geothermal energy in the U.S., providing up to 150 MW of new power for Meta's data centers. This marks a significant step in sustainable energy, with the first phase operational by 2027.

Portfolio Pulse from Lekha Gupta

August 27, 2024 | 10:44 am

LITB

LightInTheBox has appointed Zhi Yan as the new Chairman of the Board, effective August 26, 2024. Jian He will continue as a director and CEO.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 10:17 am

GOEV

Canoo Inc (NASDAQ:GOEV) is relocating its headquarters from California to Texas, following Tesla's similar move in 2021. The company plans to reduce its workforce in California and relocate most employees to Texas or Oklahoma.

Portfolio Pulse from Anan Ashraf

August 27, 2024 | 10:05 am

TSLA

Elon Musk praised El Salvador President Nayib Bukele's commitment to free speech amid the arrest of Telegram CEO Pavel Durov. Bukele's stance is notable given El Salvador's adoption of Bitcoin as legal tender, though the country's press freedom ranking has declined.

Portfolio Pulse from Aniket Verma

August 27, 2024 | 7:29 am

AAPL

JWN

PVH

SCSC

XWEL

Investors are focusing on several stocks today, including ScanSource, XWELL, PVH Corp., Apple, and Nordstrom. ScanSource is expected to report earnings, XWELL announced a partnership, PVH Corp. and Nordstrom are set to release earnings, and Apple announced a CFO transition.

Portfolio Pulse from Avi Kapoor

August 27, 2024 | 6:19 am

BTCUSD

XRPUSD

John Deaton, a pro-cryptocurrency attorney, challenges Senator Elizabeth Warren on her stance against corporate greed, highlighting her past legal defense of Travelers Insurance. Deaton, a supporter of cryptocurrencies, has received significant backing from the crypto community, including a $1 million Bitcoin donation from the Winklevoss twins.

Portfolio Pulse from Aniket Verma

August 27, 2024 | 4:33 am