Streetbeat News

Corporate Responsibility

AZPN

Aspen Technology, Inc. (NASDAQ:AZPN) has implemented its digital grid management solutions for Adani Electricity in Mumbai, aiming to enhance power reliability for over 3 million customers. This collaboration supports Adani's goal to supply 60% renewable electricity by 2027, marking a significant step towards a sustainable and efficient power distribution network in one of India's largest cities.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 2:06 pm

DLPN

Dolphin Entertainment's subsidiary, The Digital Dept., has launched a new division targeting young adults, aiming to harness the creative potential of approximately 4 billion Gen Z and Gen Alpha members.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 2:06 pm

WFC

Wells Fargo & Company announced Doug Braunstein will join as Vice Chairman effective February 28. Braunstein, with over 35 years of financial industry experience, including roles at JPMorgan Chase, will focus on growing Wells Fargo's corporate finance and advisory businesses. He will report to CEO Charlie Scharf and aims to leverage his extensive experience to further strengthen Wells Fargo's Corporate and Investment Banking (CIB) sector and provide strategic counsel to senior management.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 2:03 pm

SCLX

Scilex Holding Company has announced that its abstract has been accepted for both a poster and an oral presentation at the upcoming annual meeting of the American Academy of Pain Medicine (AAPM). This acceptance is a significant milestone for Scilex as it provides an opportunity to showcase its research and developments in the field of pain management to a professional audience.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 2:02 pm

KNW

Know Labs, Inc. (NYSE:KNW) announced the KnowU, a wearable non-invasive continuous glucose monitor (CGM), incorporating a proprietary sensor intended for FDA submission. The KnowU, smaller and lighter than its prototype, features on-board computing, built-in machine learning, and aims to enhance diabetes management by being durable, eliminating disposables, and offering easy connectivity with a mobile app. Know Labs plans to use the KnowU for accelerated data collection in FDA clinical trials, targeting a diverse range of glycemic levels and populations. The company, holding over 270 patents, aims to make diabetes care more accessible and affordable.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 2:02 pm

CLSK

CleanSpark, Inc. has completed the acquisition of three bitcoin mining data centers in Mississippi, effectively boosting its operating hashrate to over 15 EH/s. Operations at these facilities have already commenced, with an expected hashrate of 2.4 EH/s once fully equipped. CEO Zach Bradford highlighted the expansion as a significant milestone, emphasizing the company's commitment to community partnership and economic growth through job creation and investment in local infrastructure. CleanSpark's history of contributing to community development in Georgia is cited as a precedent for its expected positive impact in Mississippi.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 2:01 pm

OTLY

Oatly Group AB (NASDAQ:OTLY), the leading oatmilk company, has expanded its North American beverage portfolio with the launch of Oatly Oatmilk Creamers in the US. These new creamers come in four flavors and are designed for coffee. With plant-based creamers seeing significant sales growth, Oatly aims to capture both new and existing customers. The creamers will be available nationwide at major retailers. This launch builds on Oatly's existing range of non-dairy milk alternatives and aligns with the company's mission to offer sustainable, allergen-free, and vegan options.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 1:43 pm

SHOT

Safety Shot, identified by the ticker symbol SHOT, has announced the appointment of Danielle De Rosa as its Chief Financial Officer (CFO), effective March 1, 2024. This strategic move could signal a new direction in financial management and strategy for the company.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 1:40 pm

HEPS

Hepsiburada (NASDAQ:HEPS), a leading Turkish e-commerce platform, announced the appointment of Hakan Karadoğan as Chief Executive Officer of Logistics, effective March 25, 2024. Karadoğan, with extensive experience in logistics and supply chain management, including a tenure at Amazon and General Electric, is expected to drive Hepsiburada's logistics operations to new heights. The company also announced the departure of Chief Logistics Officer Mehmethan Yallagöz, effective March 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 1:40 pm