Streetbeat News

Corporate Responsibility

MSFT

Sebastien Bubeck, VP of GenAI research at Microsoft, is joining OpenAI amidst a series of executive departures from OpenAI. This move occurs as OpenAI seeks greater autonomy from Microsoft, despite their partnership.

Portfolio Pulse from Ananya Gairola

October 15, 2024 | 1:45 am

IAC

TSLA

Media mogul Barry Diller, chair of IAC Inc, criticizes billionaire Trump supporters, including Elon Musk, for backing Trump in the 2024 election. Diller suggests Musk's political stance may harm revenue on social media platform X.

Portfolio Pulse from Chris Katje

October 14, 2024 | 11:28 pm

TCNNF

TSLA

An organization linked to Elon Musk has donated $500,000 to oppose Florida's cannabis legalization amendment, while the campaign supporting it has raised over $100 million. The amendment will be voted on in November, with recent polls showing 58% support, just shy of the 60% needed to pass.

Portfolio Pulse from Maureen Meehan

October 14, 2024 | 11:04 pm

JYNT

The Joint Corp has appointed Sanjiv Razdan as its new President and CEO, effective immediately, following the resignation of Peter Holt.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 8:18 pm

MDAI

Spectral AI has appointed its founder, Dr. J. Michael DiMaio, as the new Chairman of the company. This leadership change could influence the company's strategic direction.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 8:08 pm

GRYP

Gryphon Digital Mining (NASDAQ:GRYP) released its September 2024 operational update, highlighting a 4% increase in hashrate, production of approximately 19.31 bitcoin, and a high mining fleet uptime of 98.7%. The company continues to focus on sustainable operations powered by zero-carbon hydro power.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 8:07 pm

MSFT

Microsoft's AI researcher Sebastien Bubeck is set to join OpenAI, as reported by The Information. This move could impact Microsoft's AI initiatives and its collaboration with OpenAI.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 7:13 pm

STLA

Stellantis has expanded its employee share purchase plan, 'Shares to Win', to nearly its entire global workforce, offering over 230,000 employees the chance to buy shares at a 20% discount with a matching contribution. This initiative aims to increase employee ownership from 1.8% to 5% of the company's capital.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 5:45 pm

BSFC

Blue Star Foods Corp. (NASDAQ: BSFC) announced a significant 50.4% reduction in liabilities, strengthening its balance sheet by $4.63 million. The company also addressed legal disputes affecting its Canadian subsidiary and reaffirmed its commitment to sustainable seafood production.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 3:36 pm

LUV

Southwest Airlines shares are fluctuating after Elliott Investment Management called for a special shareholder meeting and nominated eight directors to the board. Elliott, holding an 11% stake, is pushing for governance changes due to Southwest's post-pandemic profitability struggles. Despite Southwest's new 'Even Better' plan, Elliott insists on new management for effective execution.

Portfolio Pulse from Adam Eckert

October 14, 2024 | 3:02 pm