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Corporate Responsibility

V

Visa has introduced new digital enablement offerings aimed at accelerating growth for merchants. These solutions are designed to enhance the ease of accepting Visa payments, potentially increasing transaction volumes and improving customer experience.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 11:13 am

TSLA

Tesla Inc (NASDAQ:TSLA) is requesting its shareholders to re-vote on CEO Elon Musk's previously voided $47 billion pay package, following a Delaware court's decision to void it earlier this year. The board's proposals also include changing Tesla's state of incorporation from Delaware to Texas. The court had described Musk's compensation as 'an unfathomable sum,' but Tesla's board and some shareholders view the voiding as unfair, given Musk's significant contributions to the company's growth and stockholder value without compensation for the past six years.

Portfolio Pulse from Anan Ashraf

April 17, 2024 | 11:13 am

CSIQ

Canadian Solar, identified by its ticker CSIQ, has been awarded a Silver rating by EcoVadis for its sustainability efforts. This recognition places Canadian Solar among the top companies for sustainability practices and performance.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 11:12 am

ALB

Albemarle Corporation has announced a $1 million donation to Cleveland Community College for equipment, supplies, and facility improvements aimed at enhancing workforce training programs.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 10:51 am

TMQ

Trilogy Metals announced that the Alaska Industrial Development and Export Authority (AIDEA) issued a press release addressing media reports about their Ambler Access Project. The press release aims to clarify and respond to the information circulating in the media regarding the project.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 10:41 am

ESPO

NERD

TTWO

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) announced a workforce reduction of 5% as part of a cost reduction program, aiming to enhance its margin profile while still investing for growth. The company expects to incur $160 million to $200 million in total charges related to this plan, which includes costs for title cancellations, employee severance, and office space reductions. The plan is expected to be complete by December 31. Grand Theft Auto VI, anticipated for release in 2025, is expected to be one of the highest-grossing media products. TTWO stock has gained over 16% in the past year and is trading higher by 0.39% to $146.00 premarket.

Portfolio Pulse from Nabaparna Bhattacharya

April 17, 2024 | 10:10 am

KBR

KBR has signed a contract to supply its K-GreeN green ammonia technology for Fortescue's Holmaneset Green Energy Project in Norway. This partnership highlights KBR's role in supporting sustainable energy projects and may influence the company's market position positively by showcasing its commitment to green technology solutions.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 10:01 am

FXI

META

SNAP

SPY

VGK

The European Commission has given ByteDance's TikTok 24 hours to provide a risk assessment for its new TikTok Lite app, launched in France and Spain, due to concerns over children and users' mental health, according to Reuters.

Portfolio Pulse from Charles Gross

April 17, 2024 | 9:47 am

GOOG

GOOGL

Marc Andreessen criticized Google's internal issues, including employee protests and security breaches involving AI chip designs. He highlighted the risks of AI safety and the need for urgent regulatory measures. Elon Musk supported Andreessen's concerns, emphasizing the dangers of AI. Google faces internal dissent over its cloud contract with the Israeli government, affecting employee morale.

Portfolio Pulse from Rounak Jain

April 17, 2024 | 9:37 am

GENE

Genetic Technologies Limited (GTG), a leader in genomics-based tests, has established a precision oncology division and launched a new portfolio of diagnostic tests under the geneType precision oncology brand.

Portfolio Pulse from Charles Gross

April 17, 2024 | 9:23 am