Streetbeat News

Corporate Responsibility

ZURA

Zura Bio announced the appointment of Robert Lisicki as CEO, effective April 8, 2024. He succeeds Someit Sidhu, who will continue to be involved with the company as a non-independent director of the board.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 10:26 am

TSLA

WBX

Joanna Stern, a senior tech columnist, highlighted the cost savings of charging EVs at home, noting significant savings over traditional gas vehicles. She spent $125 to cover 2500 miles with her EV, half of what she would spend on gas. Despite initial installation costs for home chargers, companies like Tesla and Wallbox are making home charging more accessible and affordable, potentially boosting EV adoption.

Portfolio Pulse from Benzinga Neuro

March 28, 2024 | 9:50 am

PLTR

Palantir Technologies Inc. has partnered with the Ministry of Education and Science of Ukraine to enhance safety in schools for in-person education. This collaboration aims to create safer conditions for students and staff by leveraging Palantir's data analytics and security technologies.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 9:01 am

F

GM

STLA

TSLA

Former Ford CEO Mark Fields believes established automakers like Ford, General Motors, and Stellantis are well-positioned for the EV transition, citing their strong ICE vehicle business and investor trust. This comes amid challenges like stringent emissions standards, supply chain issues, and concerns over EV adoption rates. Despite these, shares of GM, Stellantis, and Ford have risen, reflecting market optimism.

Portfolio Pulse from Benzinga Neuro

March 28, 2024 | 6:24 am

AKCCF

SLB

SLB has agreed to acquire an 80% stake in Aker Carbon Capture (ACC) for NOK 4.12 billion, aiming to enhance decarbonization efforts. This deal combines their technology portfolios, expertise, and project delivery platforms to accelerate disruptive technology in the global market. Post-transaction, SLB will own 80% of the business, with ACC retaining 20%.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 6:20 am

AAPL

Oregon has passed a right-to-repair bill, SB 1596, that prohibits parts pairing in repairs, directly impacting Apple Inc. (NASDAQ:AAPL). This law, signed by Governor Tina Kotek, aims to facilitate consumer and third-party repairs by mandating companies to provide the same parts, tools, and repair documents to owners as to repair shops without extra charges. The bill, which does not apply to phones sold before July 1, 2021, but covers other consumer electronics sold after July 1, 2015, is seen as a significant move against electronic waste and restrictive repair practices.

Portfolio Pulse from Ananya Gairola

March 28, 2024 | 6:08 am

TSLA

Tesla Inc's CEO Elon Musk is urging German authorities to investigate and catch the arsonists responsible for an attack on the company's Berlin gigafactory, which halted production for a week. The attack, claimed by the Vulkan Group, has prompted discussions on Tesla's public relations and community integration in the region. Tesla plans to expand the Berlin factory's capacity for battery and car production.

Portfolio Pulse from Anan Ashraf

March 28, 2024 | 5:58 am

TSLA

Elon Musk, CEO of Tesla and SpaceX, criticized Quora for its pretentiousness on his social media platform X, responding to a user's rant about the site. This interaction highlights Musk's active engagement on social media and adds a personal layer due to his ex-wife's history with Quora.

Portfolio Pulse from Benzinga Neuro

March 28, 2024 | 3:34 am

BCAN

Cannasoft Enterprises (NASDAQ:BCAN) has announced the suspension of their medical cannabis facility construction to pivot towards the Femtech sector, citing negative shifts in the global medical cannabis market and security concerns due to its proximity to the Gaza border. The company, known for its CRM software for the cannabis industry, plans to expand into the rapidly growing Femtech sector, leveraging its experience in software and manufacturing, including the development of the EZ-G Device, a CBD Oil sex toy.

Portfolio Pulse from Rolando García

March 27, 2024 | 10:27 pm

CC

Chemours disclosed material weaknesses in its internal controls and a remediation plan in its Annual Report on Form 10-K. The Audit Committee's review found a lack of transparency by three former senior management members.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 9:36 pm