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Corporate Responsibility

REAL

The RealReal (NASDAQ:REAL) announced Ajay Gopal as its new CFO effective March 18, 2024, and Karen Katz as Chairperson of the Board effective February 20, 2024. Gopal brings extensive experience from tech and eCommerce, aiming to drive profitability. Katz, with a strong background in luxury retail and strategy, is expected to guide The RealReal towards profitable growth.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:19 pm

MTCH

Match Group has partnered with OpenAI to secure over 1000 ChatGPT Enterprise licenses for its employees, aiming to enhance productivity and innovation within its operations. This collaboration is expected to revolutionize work culture at Match Group by integrating AI into various aspects of work, from communications to coding. The company emphasizes responsible use of AI, ensuring privacy and security measures are in place.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:17 pm

AAPL

META

MSFT

SPOT

SSNLF

George Hotz, known for his iPhone jailbreaks, has switched from Apple's iPhone to Samsung's Galaxy Z Fold 5 due to dissatisfaction with Apple's App Store policies in the EU. Hotz criticized Apple for its handling of progressive web apps (PWA) and its 'tantrum' over app sideloading and alternative payment methods. This criticism aligns with concerns from other tech leaders, including Spotify's CEO Daniel Ek, Epic Games' CEO Tim Sweeney, Meta's Mark Zuckerberg, and Microsoft's Xbox President Sarah Bond, over Apple's App Store practices.

Portfolio Pulse from Rounak Jain

February 21, 2024 | 1:17 pm

HCAT

Health Catalyst, Inc. (NASDAQ:HCAT) announced that its MeasureAble application has achieved ONC Health IT 2015 Edition certification through Drummond Group LLC. This certification allows eligible providers and hospitals to use MeasureAble for various quality reporting programs, leveraging certified EHR technology. MeasureAble offers over 240 regulatory measures and combines data, calculations, and visualizations in one application, aiming to support healthcare transformation and performance improvement.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:12 pm

PM

Philip Morris International Inc. (PMI) reaffirmed its FY24 EPS forecast at the 2024 CAGNY Conference, projecting a 7%-9% currency-neutral growth. The presentation highlighted PMI's transition towards a smoke-free business, integration with Swedish Match, and strong financial performance. The forecast anticipates a reported diluted EPS of $5.90-$6.02 and an adjusted diluted EPS of $6.32-$6.44, aligning with consensus expectations.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:09 pm

LOCL

Local Bounti Corporation (NYSE:LOCL), a U.S. indoor agriculture company, announced it received a patent for its Stack & Flow Technology from the United States Patent and Trademark Office on February 13, 2024. This technology, utilized in four of its six growing facilities, combines vertical and greenhouse growing methods to enhance productivity and efficiency, offering superior unit economics across the production cycle. The technology allows for reduced facility square footage, lower capital and operating expenses, higher labor efficiency, and higher yield, positioning Local Bounti for competitive advantage in the market.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:04 pm

CREV

Carbon Revolution plc (NASDAQ:CREV), a leading manufacturer of lightweight carbon fiber automotive wheels, announced board changes including the appointment of Bob Lutz as Chair of the Board. Lutz, with extensive experience in the automotive industry, including a significant tenure at General Motors, is expected to lead the company through its next development phase. The board changes follow the company's recent Nasdaq listing and include the retirement of James Douglas, Lucia Cade, and Mark Bernhard. The company is planning further global expansion and capacity ramp in Australia.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:02 pm

CART

DGX

Quest Diagnostics and Instacart have announced a collaboration through Pack Health, a Quest subsidiary, to enhance food access and promote healthy eating in underserved US communities. This partnership integrates patient health coaching with nutritious grocery delivery.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:00 pm

ENVB

Enveric Biosciences announced that its novel compounds, protected under its intellectual property portfolio, offer potential licensing opportunities and non-dilutive revenue streams. This development could enhance the company's financial stability and growth prospects without diluting existing shareholders' equity.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:00 pm

CMP

Compass Minerals (NYSE:CMP) announced Gordon Dunn as the new COO, succeeding George J. Schuller Jr. Dunn, previously leading the U.K. operations since 2012, will now oversee the Salt and Plant Nutrition businesses globally. Schuller has left the company following this transition.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 12:55 pm