Streetbeat News

Corporate Responsibility

DJT

TSLA

Elon Musk has endorsed Donald Trump for the 2024 presidential election and reportedly donated millions to a political action committee supporting Trump. This move has raised concerns among investors and analysts, given Trump's past criticism of the electric vehicle sector. Analysts suggest that this political alignment could impact Tesla's business, particularly in blue states that are more supportive of energy storage initiatives.

Portfolio Pulse from Chris Katje

July 16, 2024 | 8:26 pm

GDHG

Golden Heaven Group Holdings announced that the closure of one of its parks is not expected to have a material adverse effect on its overall financial condition and results of operations.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 8:19 pm

T

Two U.S. Senators have requested answers from AT&T regarding a hacking incident that compromised call data from approximately 109 million customer accounts. They are also inquiring if AT&T will compensate affected customers.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 8:15 pm

CDXC

Chromadex has announced the appointment of James Lee as the interim CFO, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 8:15 pm

FIVE

Five Below shares are trading lower following the announcement of a CEO transition and a decrease in comparable sales for the 10-week period ended July 13.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 8:05 pm

PRI

Primerica, Inc. (NYSE:PRI) announced its decision to exit the senior health business by relinquishing ownership of e-TeleQuote Insurance, Inc. The decision was driven by the lack of a clear path to profitability and an uncertain regulatory environment.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 8:05 pm

FIVE

Five Below has appointed Kenneth Bull as Interim President and CEO and Tom Vellios as Interim Executive Chairman. The board has initiated a search for a permanent CEO. The company also provided quarter-to-date sales results and updated its guidance for Q2 Fiscal 2024.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 8:02 pm

ACHC

UHS

Universal Health Services (UHS) and Acadia Healthcare (ACHC) are under scrutiny following safety concern allegations at their psychiatric hospitals. An investigation revealed alarming incidents at Mt. Carmel Behavioral Health, managed by Acadia, prompting regulatory attention. Both companies face accusations of understaffing and inadequate training, raising concerns about patient and staff safety.

Portfolio Pulse from Vandana Singh

July 16, 2024 | 8:02 pm

DXYZ

TSLA

Elon Musk announced on X that SpaceX will move its headquarters from Hawthorne, California, to Starbase, Texas, due to unfavorable laws affecting families and companies.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 7:16 pm

BAC

WBD

Bank of America (BofA) Securities suggests that Warner Bros. Discovery (WBD) could create more shareholder value by exploring options such as a spin-off. BofA notes that the current structure as a consolidated public entity is 'not working'.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 5:57 pm