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Corporate Responsibility

HPE

Hewlett Packard Enterprise (HPE) reported a security breach by suspected nation-state actor Midnight Blizzard, also known as Cozy Bear. The breach, which began in May 2023, involved unauthorized access and data exfiltration from cloud-based email accounts of certain HPE employees. Despite the breach, HPE stated in a filing that the incident has not materially impacted its operations or financial condition.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 10:57 pm

NVVE

On January 19, 2024, Rashida La Lande resigned as Chairperson and Board Member of Nuvve Holding Corp. Jon M. Montgomery has been appointed as the Interim Chairperson of the Board, according to a recent filing.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 10:44 pm

TSLA

During an earnings call, Elon Musk claimed that Tesla is the leading company globally in terms of AI inference efficiency.

Portfolio Pulse from Charles Gross

January 24, 2024 | 10:41 pm

NBN

Northeast Bank has announced the hiring of Richard Cohen as the new CFO, effective February 1, 2024. He will replace the outgoing CFO, Jean-Pierre Lapointe.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 10:12 pm

ADT

ADT Inc. (NYSE:ADT) has announced its decision to exit the residential solar business, choosing to concentrate on its core security and smart home business with an emphasis on cash flow generation and capital-efficient growth.

Portfolio Pulse from Charles Gross

January 24, 2024 | 10:03 pm

MSFT

Activision Blizzard, a subsidiary of Microsoft Corp. (NASDAQ:MSFT), reported a 50% reduction in severe toxic chat incidents in Call of Duty since the launch of Modern Warfare III. This improvement is attributed to a new automated chat monitoring system that has penalized over two million accounts. Activision plans to continue evolving its moderation tools, including adding new languages and implementing stricter punishments for disruptive behavior. The company also introduced a rule against false reporting, which has raised concerns about the potential misinterpretation of legitimate reports.

Portfolio Pulse from Franca Quarneti

January 24, 2024 | 9:55 pm

KBH

KB Home has announced the promotion of Robert McGibney to President while retaining his current role as COO, effective February 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 9:38 pm

MATV

Mativ announced organizational realignment initiatives, planning to reorganize into two new segments starting in Q1 2024. The company anticipates an annualized run-rate of $20 million in overhead cost reduction in 2024 and an additional $20 million by the end of 2026, aiming for a total reduction of overhead costs by about 15% over the period.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 9:37 pm

AMD

GOOGL

IBM

MSFT

NVDA

PLTR

The U.S. National Science Foundation has launched the National Artificial Intelligence Research Resource (NAIRR) pilot in collaboration with federal agencies and private organizations, including tech giants Nvidia, AMD, IBM, Microsoft, and Google. The initiative aims to democratize AI resources, fostering an inclusive and competitive AI environment in the U.S. It aligns with President Biden's vision for responsible AI and is expected to drive economic growth and create new markets. Tech companies have expressed their support, highlighting their contributions to the project.

Portfolio Pulse from Piero Cingari

January 24, 2024 | 9:34 pm

ADES

Advanced Emissions Solutions, Inc. (ADES) has signed a contract with Wieland Davco Corporation for the construction of a Granular Activated Carbon (GAC) facility at its Red River plant in Louisiana. The project, expected to be mechanically complete by Q4 2024, has seen a cost increase of about 20% due to inflation and timing issues, with total costs estimated between $45-50 million. ADES plans to fund the increase with existing capital, 2024 cashflow, and cost reductions. The company's Corbin facility in Kentucky is on track, with commissioning starting in March 2024. ADES anticipates securing sales contracts for the GAC market ahead of the project's completion.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 9:24 pm