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Corporate Responsibility

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DIS

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TSLA

The article discusses the end of a five-week winning streak for major indexes due to unexpectedly high inflation data, influencing market expectations for Federal Reserve rate cuts. It highlights bullish and bearish perspectives on stocks like Tesla, Nvidia, Disney, and AI-related companies Palo Alto Networks and Arista Networks, as well as a prediction for Dogecoin. Concerns over inflation, market peaks, and corporate governance issues at Disney are also mentioned.

Portfolio Pulse from Michael Cohen

February 17, 2024 | 2:22 pm

FSR

KARS

LCID

RIVN

STLA

TSLA

Electric vehicle stocks had mixed performances in the week ending Feb. 16, with Tesla seeing a third week of gains and Rivian pulling back after a previous rally. Key events included Tesla's Model 3 LR price hike, Stellantis adopting Tesla's charging standard, a temporary relaxation of a strike against Tesla, Rivian teasing its R2 platform, Lucid's price cuts and CEO bonus controversy, and GM and Ford's openness to partnerships against Chinese rivals. Fisker announced dealer partnerships, and the KraneShares Electric Vehicles ETF saw a weekly gain.

Portfolio Pulse from Shanthi Rexaline

February 17, 2024 | 2:18 pm

META

Elon Musk criticizes Meta Platforms Inc. (NASDAQ:META) for using 'election integrity' as a pretext for censorship, in response to Meta's President revealing a $20 billion investment in 'safety and integrity' efforts. This ongoing dispute highlights Musk's stance on free speech and Meta's controversial censorship practices.

Portfolio Pulse from Ananya Gairola

February 17, 2024 | 8:30 am

AMZN

Amazon.com, Inc. (NASDAQ:AMZN) has filed a legal argument against the National Labor Relations Board (NLRB), claiming it is unconstitutional. This move aligns with previous actions by SpaceX and Trader Joe's amid disputes over labor union issues. Amazon's filing responds to allegations of unlawful retaliation against unionizing workers at a New York City warehouse. The company argues that the NLRB's structure violates the separation of powers and infringes on executive powers, also claiming that NLRB proceedings deny the company a fair trial and due-process rights.

Portfolio Pulse from Ananya Gairola

February 17, 2024 | 7:13 am

AAPL

META

Meta Platforms Inc. CEO Mark Zuckerberg defended his critique of Apple's Vision Pro, emphasizing the superiority of Meta's Quest 3 and dismissing comparisons to Steve Ballmer's iPhone dismissal. Zuckerberg highlighted the competition between Meta and Apple in the mixed reality headset market, asserting his commitment to winning against Apple.

Portfolio Pulse from Rounak Jain

February 17, 2024 | 3:20 am

LILIF

Argentina Lithium and Energy Corp (OTC:LILIF) is spearheading eco-friendly lithium extraction innovations in Northwest Argentina, as highlighted by Vice President of Exploration, Miles Rideout, during the 'Mining Unearthed: Navigating the Ore of Innovation' virtual event. The company is focused on exploring and developing lithium brine deposits in the region, introducing revolutionary extraction technologies to enhance efficiency and reduce environmental impact. Argentina's pro-mining stance and rich lithium resources position it as a key player in the global lithium market, which is seeing increased demand due to the shift towards renewable energy and electric vehicles.

Portfolio Pulse from Abbey Higginbotham

February 16, 2024 | 9:22 pm

CODA

Coda Octopus Group announced the resignation of CFO John Price effective Feb. 12 and the appointment of Gayle Jardine as interim CFO on Feb. 14, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 9:11 pm

NVOS

Novo Integrated Sciences has appointed Robert Oliva as its new President, with Christopher David continuing as Chief Operating Officer and remaining on the Board of Directors, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 7:52 pm

GGG

Graco Inc announced the appointment of J. Kevin Gilligan as the Chair of the Board and Chair of the Governance Committee, according to an SEC filing on Feb 16.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 7:51 pm

MDLZ

Mondelez International, Inc. is restructuring its European operations in response to boycotts stemming from its continued business activities in Russia, as reported by Reuters citing an internal memo. The company is facing backlash for not withdrawing from the Russian market following the country's military actions, leading to calls for boycotts that have prompted this strategic shift.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 7:01 pm