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AAPL

Apple has announced 'Apple Intelligence,' a new feature built with privacy at its core, with many models running directly on the device.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 6:15 pm

CURLF

KDLY

KindlyMD, Inc. (NASDAQ:KDLY) and Curaleaf Holdings, Inc. (TSX:CURA)(OTCQX:CURLF) have partnered to provide educational resources and information on holistic pain management and treatment in Utah. The collaboration aims to address the opioid crisis and improve access to medical cannabis care options.

Portfolio Pulse from Jelena Martinovic

June 10, 2024 | 5:51 pm

EIS

INTC

Intel Global has announced the halt of construction for its new factory in Kiryat Gat, Israel. This decision could have significant implications for the company's operations and future growth plans.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 5:48 pm

MSFT

OpenAI has hired Sarah Friar as CFO and Kevin Weil as Chief Product Officer. This move is expected to strengthen the company's financial and product development capabilities.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 5:17 pm

TSLA

Baillie Gifford, a longtime Tesla shareholder, supports Elon Musk's $56 billion pay package despite controversy. Some shareholders and proxy advisers oppose the plan.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 5:11 pm

MS

SPY

Morgan Stanley's CEO pick plans to expand tailored lending services for high net worth clients, aiming to enhance the bank's offerings and attract more affluent customers.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 4:34 pm

JPM

PYPL

JPMorgan Chase has hired former PayPal executive Sri Shivananda as its new Chief Technology Officer, succeeding the retiring A.J. Lang. Shivananda will report to Global CIO Lori Beer.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 3:43 pm

LUV

Southwest Airlines has responded to contact from Elliott Management, expressing eagerness to understand their views. The airline confirmed its confidence in its CEO and management's ability to drive long-term shareholder value.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 3:01 pm

BA

LUV

Elliott Investment Management criticizes Southwest Airlines' outdated strategies and poor execution, promising a 77% stock return potential if changes are made. Elliott's $1.9 billion stake and the letter to the Board of Directors have boosted investor confidence, sending the stock price higher. The letter calls for new leadership and a comprehensive business review.

Portfolio Pulse from Anusuya Lahiri

June 10, 2024 | 2:48 pm

TSLA

CalSTRS, the California State Teachers' Retirement System, has decided to vote against Elon Musk's pay package. This decision could influence other shareholders and impact Tesla's stock price.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 2:41 pm