Streetbeat News

Corporate Responsibility

BOX

ESLT

GIL

GME

HEI

Key stocks to watch today include Box, Gildan Activewear, Elbit Systems, GameStop, and HEICO. Box and HEICO are expected to report earnings, Gildan Activewear has new leadership, Elbit Systems will release earnings, and GameStop completed its equity offering program.

Portfolio Pulse from Avi Kapoor

May 28, 2024 | 6:17 am

BHP

CAT

RIO

BHP and Rio Tinto are collaborating with Caterpillar and Komatsu to trial battery-electric haul trucks in Pilbara, Western Australia. This initiative supports their goal of achieving net zero operational greenhouse gas emissions by 2050.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 6:02 am

TUYA

Tuya Smart has joined the United Nations Global Compact, enhancing its commitment to sustainable development through the use of generative AI. This move highlights Tuya's dedication to corporate social responsibility and provides a global platform for its initiatives.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 5:51 am

WKEY

WISeKey's 2024 Annual General Meeting agenda includes a significant share capital reduction, board restructuring, and various re-elections and elections of board members. The reduction will not affect the company's current equity or involve any distribution to shareholders.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 5:47 am

NFLX

Netflix co-CEO Ted Sarandos stated that AI will not replace writers, actors, and directors in the entertainment industry. He emphasized that AI will be a tool rather than a replacement, aligning with other industry leaders' views. Netflix continues to use AI for data-driven decisions in content creation.

Portfolio Pulse from Benzinga Neuro

May 27, 2024 | 11:17 am

AMZN

Bill Ackman has publicly supported Amazon's handling of an employee kidnapping by Hamas, urging patience and emphasizing the company's ethical stance. Ackman believes Amazon's silence on the matter is strategic and in the best interest of the situation.

Portfolio Pulse from Benzinga Neuro

May 27, 2024 | 2:41 am

TSLA

Glass Lewis, a major proxy advisory firm, has recommended that Tesla shareholders vote against Elon Musk's proposed $56 billion compensation package, citing its excessive size and potential dilutive impact. The advisory firm also opposes moving Tesla's articles of incorporation to Texas and the reelection of board member Kimbal Musk. This recommendation could influence the vote at Tesla's annual meeting on June 13.

Portfolio Pulse from Bibhu Pattnaik

May 26, 2024 | 8:04 pm

AAPL

AMD

MSFT

NVDA

This week in AI saw significant developments including Elon Musk's reaction to Nvidia's soaring market cap, Michael Burry's AI investment picks, and Nvidia's strong Q1 performance. Musk also commented on social media's impact on kids and advocated for Linux over Microsoft's new Windows AI feature.

Portfolio Pulse from Benzinga Neuro

May 26, 2024 | 12:00 pm

BX

Stephen A. Schwarzman, CEO of Blackstone Inc. (NYSE:BX), has endorsed Donald Trump and pledged to contribute to his campaign and several Republican Senate candidates. This endorsement could help Trump gain support from influential business leaders and donors.

Portfolio Pulse from Nabaparna Bhattacharya

May 25, 2024 | 4:27 pm

GIL

Gildan Activewear has appointed Glenn J. Chamandy as President and CEO, and Michael Kneeland as Non-Executive Chair of the Board, effective immediately.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 8:53 pm