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MCD

McDonald's is introducing a smaller McFlurry in sustainable packaging as part of its goal to use renewable materials by 2025. This aligns with its broader strategy to address environmental concerns and expand its market presence.

Portfolio Pulse from Benzinga Neuro

September 06, 2024 | 10:02 am

AAL

DAL

LUV

UAL

The U.S. Transportation Department is investigating the rewards programs of major airlines, including American Airlines, Delta, Southwest, and United, to ensure fair treatment of consumers. The probe focuses on issues like devaluation of rewards and hidden fees.

Portfolio Pulse from Benzinga Neuro

September 06, 2024 | 9:44 am

CRM

Salesforce CEO Marc Benioff announced a strategic pivot towards autonomous AI agents, named Agentforce, to maintain competitiveness in the AI era. This move responds to a critical blog post by Andreessen Horowitz and aims to automate customer service tasks. Salesforce is testing Agentforce with companies like Wiley and Open Table, and Benioff remains optimistic about the company's AI-driven transformation.

Portfolio Pulse from Benzinga Neuro

September 06, 2024 | 9:39 am

GSK

GSK's Phase 3 trial of Nucala (Mepolizumab) successfully met its primary endpoint, demonstrating a significant reduction in moderate/severe exacerbations in COPD patients compared to placebo.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 9:31 am

F

Ford's EV sales surged 29% in August, driven by a 161% increase in F-150 Lightning sales. Despite this growth, Ford is slowing future EV plans due to pricing pressures, postponing new models and focusing on hybrid technology. The EV segment faces financial losses.

Portfolio Pulse from Anan Ashraf

September 06, 2024 | 9:05 am

F

GM

RIVN

TM

TSLA

Toyota has reduced its 2026 EV production target by 30% to 1 million cars due to weakening global demand. This reflects a broader trend of cooling enthusiasm in the EV sector, with other automakers like Ford and GM also scaling back their EV plans.

Portfolio Pulse from Benzinga Neuro

September 06, 2024 | 8:44 am

INTC

QCOM

Qualcomm is considering acquiring certain segments of Intel's design business to enhance its product offerings. This move comes as Intel faces cash generation issues and considers divesting business units. Qualcomm's interest is particularly in Intel's client PC design business, although no formal approach has been made yet.

Portfolio Pulse from Benzinga Neuro

September 06, 2024 | 8:16 am

MARA

A Bitcoin block took over an hour to mine, sparking interest in the crypto community. Block 860081 took 73 minutes to be added to the ledger, produced by SECPOOL, following a block by Marathon Digital. Such delays are not uncommon, with historical instances of longer block times.

Portfolio Pulse from Aniket Verma

September 06, 2024 | 8:06 am

SYY

Sysco Corporation has expanded its fleet with 8 new electric trucks in Victoria, Canada, as part of its global initiative to incorporate over 130 heavy-duty electric tractors. This move aligns with Sysco's commitment to sustainability and serving its diverse customer base.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 7:34 am

EVGR

Evergreen is set to merge with Forekast in a $105 million deal to enhance AI-powered growth. The merger will focus on R&D, marketing, market expansion, talent acquisition, and strategic acquisitions.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 7:05 am