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ENLC

F

TSLA

VWAGY

XOM

Exxon Mobil Corporation is in the news for several reasons. EnLink Midstream has published its 2022 Sustainability Report, which is relevant to Exxon's environmental risk. ExxonMobil is in early-stage discussions with major carmakers Tesla, Ford, and Volkswagen regarding lithium supply chains for electric vehicle batteries. The company recently purchased drilling rights in Arkansas, a region believed to have significant lithium deposits. A recent report provides a comprehensive overview of the lubricants market, where Exxon Mobil Corporation is a major player.

Portfolio Pulse from Mohit Manghnani

August 04, 2023 | 11:53 am

DIS

Disney CEO Bob Iger is seeking minority partners for ESPN, according to a CNBC report. However, the report suggests that securing a deal may be challenging.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:53 am

MSFT

PYPL

PayPal Holdings, Inc (NASDAQ:PYPL) is set to report its Q2 2023 earnings on August 2, 2023, with analysts expecting a rise in earnings per share from $0.93 to $1.06, despite a slight drop in revenue. The company's stock is under pressure due to high inflation, weak employment numbers, and a downgrade of the U.S. credit rating by Fitch. Analysts from Morgan Stanley, BTIG, and Piper Sandler have given mixed ratings and price targets for PYPL. The company recently announced the integration of its Pay Later solution into Microsoft Corp's (NASDAQ:MSFT) platforms in several countries.

Portfolio Pulse from Anusuya Lahiri

August 04, 2023 | 11:52 am

AAPL

ACDVF

Apple Inc (AAPL) has complied with Chinese AI regulations by removing over a hundred ChatGPT-like apps from its China store. Air Canada (ACDVF) plans to offer Apple TV+ programming on its flights. Apple's Q3 results are awaited with high expectations, with strong iPhone revenues and growth in the Chinese market anticipated.

Portfolio Pulse from Mohit Manghnani

August 04, 2023 | 11:49 am

FLGC

Former Minnesota governor Jesse Ventura is planning to launch his own marijuana brand, aiming to keep the state's cannabis market local and not dominated by outside corporations. Meanwhile, WWE legend Hulk Hogan has entered into an exclusive worldwide partnership with cannabis operator Flora Growth Corp. (NASDAQ:FLGC) to launch his consumer products portfolio.

Portfolio Pulse from Jelena Martinovic

August 04, 2023 | 11:49 am

FXI

TM

Toyota plans to increase its electric vehicle (EV) development efforts in China to compete with domestic players in the world's largest car market. The company will develop its own batteries, utilize big metal castings similar to Tesla, and focus on making its future cars as aerodynamic as possible. Toyota's suppliers Denso and Aisin will also increase their work in the powertrain department. The company will also develop 'smart cockpits' in China, with engineers from joint ventures with FAW Group, Guangzhou Automobile Group (GAC), and BYD working together at Toyota's largest research and development facility in China.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 11:42 am

META

RBLX

Roblox CEO David Baszucki announced that Roblox Beta went live on Meta Quest on July 27, and it has seen over one million downloads in the first five days.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 11:41 am

AMZN

UPS

A proposed contract between United Parcel Service, Inc (UPS) and the Teamsters Union could increase hourly wages for UPS employees by $7.50 over the next five years. This could have significant implications for Amazon (AMZN), UPS's largest customer, which pays its delivery drivers significantly less. The Teamsters Union is increasing pressure on Amazon over low pay and working conditions.

Portfolio Pulse from Anusuya Lahiri

August 04, 2023 | 11:36 am

CRLBF

A political panel at the Benzinga Cannabis Capital Conference will discuss the need for marijuana reforms. The panel includes former Sen. Cory Gardner, former Rep. Ed Perlmutter, and senior counsel at Akin Gump Strauss, Hauer & Feld LLP, Reggie Babin. Perlmutter has been a strong advocate for banking reform in the cannabis industry, while Gardner has been a supporter of the cannabis industry and co-sponsored the SAFE Banking Act of 2019. Babin has worked with Chuck Schumer on cannabis reform. The panel will be moderated by Saphira Galoob, CEO of the Liaison Group, who has dealt with federal policy initiatives for leading cannabis operators like Cresco (OTCQX:CRLBF).

Portfolio Pulse from Nina Zdinjak

August 04, 2023 | 11:28 am

APD

Air Products (NYSE: APD) has signed agreements with Bechtel Energy Inc. to supply its proprietary LNG process technology and equipment to NextDecade's Rio Grande LNG Phase 1 Project in Texas. The project will include three natural gas liquefaction trains employing Air Products' liquefaction equipment with a production capability of approximately 17.6 million tonnes per annum (MTPA) of LNG. Air Products' coil-wound heat exchangers (CWHEs) and AP-C3MR™ LNG Process technology have been selected for their proven reliability for large-scale LNG production.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 11:28 am