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Corporate Responsibility

MSFT

Chinese actors have been using AI to manipulate videos and spread disinformation during Taiwan's national elections, raising concerns for the U.S. 2024 elections. Microsoft Corp. reported that China is employing similar tactics in the U.S., creating and amplifying AI-generated content to benefit their positions. The disinformation campaign targeted the U.S., accusing it of constructing biological labs in Taiwan and instigating conflicts. This follows warnings about China's cyber activities and the potential use of TikTok to influence U.S. elections.

Portfolio Pulse from Benzinga Neuro

April 10, 2024 | 8:13 am

HLI

Houlihan Lokey announced the hiring of Dr. Ashish Patel as a Managing Director in its Capital Markets Group, aiming to enhance its equity private placement capabilities and expand its presence in Europe.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 8:03 am

NDAQ

Nasdaq has introduced futures trading on the OMX Sweden Small Cap 30 ESG Responsible Index, expanding its offerings in the ESG (Environmental, Social, and Governance) investment space. This move aims to provide investors with more sustainable investment options and reflects Nasdaq's commitment to promoting ESG principles in the financial markets.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 7:27 am

PHG

Philips and its subsidiaries, Philips Holding USA and Philips Respironics, have finalized a consent decree with the DOJ and FDA, focusing on Philips Respironics' operations in the US. This agreement provides a clear path for compliance and business restoration. The financial outlook for 2023-2025 remains unchanged, taking this decree into account.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 7:26 am

AAPL

MSFT

SAP

Apple Inc. has highlighted the business applications of its Vision Pro headset, showcasing its potential to revolutionize workflows through spatial computing. Companies like SAP SE and Microsoft Corporation are integrating the headset's capabilities into their applications. The Vision Pro's features, such as high-resolution displays and advanced processing, are aimed at enhancing productivity in various industries, including automotive engineering and employee training. Apple's partnerships and developer resources, like the Enterprise Spatial Design Lab, support the adoption of Vision Pro in business workflows.

Portfolio Pulse from Sudhanshu Singh

April 10, 2024 | 6:51 am

BA

American Airlines pilot and Allied Pilots Association spokesperson, Capt. Dennis Tajer, criticized Boeing Co.'s 787 aircraft assembly quality, calling it a 'mess' and raising safety concerns. This criticism comes amid increased scrutiny over Boeing's manufacturing practices, with a Senate subcommittee set to investigate. Boeing's stock dropped 1.89% following these allegations, and the company faces challenges with a recent drop in first-quarter deliveries for 2024.

Portfolio Pulse from Benzinga Neuro

April 10, 2024 | 6:36 am

BABA

Jack Ma, co-founder of Alibaba Group Holding Ltd. (NYSE:BABA), has issued a rare internal memo to employees, hinting at a more active role in the company after years of low visibility. This follows Alibaba's major restructuring into six separate units last year. Ma's communication praised the leadership and acknowledged past mistakes, signaling potential strategic shifts and increased investor confidence. Alibaba's Hong Kong-listed shares rose by 5% following the memo's release.

Portfolio Pulse from Benzinga Neuro

April 10, 2024 | 5:48 am

GOOG

Google Cloud, part of Alphabet Inc. (NASDAQ:GOOG), announced the public preview of Gemini 1.5 Pro AI at the Cloud Next event. This advanced AI model promises significant performance enhancements and breakthroughs in long-context understanding. It's designed to enable new capabilities for enterprises, such as advanced video analysis for gaming and simplified insurance claims processing. Additionally, Google Cloud introduced the Gemma model for code generation and announced the general availability of TPU v5p, a powerful AI accelerator.

Portfolio Pulse from Benzinga Neuro

April 10, 2024 | 2:26 am

GLOB

Globant announced plans to hold its Annual General Meeting (AGM) of Shareholders and an Extraordinary General Meeting of Shareholders on May 10, 2024. This event is significant for shareholders as it often involves voting on important company matters.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 9:07 pm

VLD

Velo3D announced its intention to offer and sell shares of its common stock and warrants in a 'reasonable best efforts' public offering, with no specific terms disclosed. The net proceeds will be used for working capital, capital expenditures, repayment of senior secured notes due 2026, and other permitted indebtedness.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 9:01 pm