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STLA

Stellantis Ventures, the corporate venture fund of Stellantis NV, has invested in 10 startups and one mobility venture fund to support its Dare Forward 2030 strategic plan. The plan aims to cut CO2 emissions in half by 2030, achieve carbon net zero by 2038, and increase BEV sales in Europe and the US.

Portfolio Pulse from Shivani Kumaresan

June 15, 2023 | 4:29 pm

GM

GM's CFO stated at the Deutsche Bank Conference that the company is open to investing in lithium refining in exchange for supply guarantees. This move could help secure the necessary resources for GM's electric vehicle production.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 4:28 pm

GM

TSLA

GM's CFO announced at the Deutsche Bank Conference that the company has decided Tesla's charging standard is the best option for their customers.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 4:26 pm

GM

GM's CFO stated that the company can use the same Ultium software and interface for different battery chemistries and formats, emphasizing the need for standardization in EV charging at the Deutsche Bank Conference.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 4:24 pm

FRSH

Freshworks CEO appeared on Bloomberg TV, discussing the company's outlook and stating that productivity will increase.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 4:24 pm

MBGAF

MSFT

Mercedes-Benz plans to integrate ChatGPT into its in-car voice control system using Microsoft's Azure OpenAI Service. An optional beta program for the MBUX infotainment system will start on June 16 in the US.

Portfolio Pulse from Nabaparna Bhattacharya

June 15, 2023 | 4:21 pm

GM

GM's CFO announced at the Deutsche Bank Conference that the company is making progress in securing battery materials for the 2026-2030 period.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 4:20 pm

EL

Estee Lauder shares are trading higher after the company announced it will present on skin health and anti-aging at the World Congress of Dermatology.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 4:20 pm

GM

GM's CFO stated at the Deutsche Bank Conference that the company needs to be cautious about expanding too quickly in the electric vehicle market. He highlighted the opportunity in China with the new Cadillac Lyriq and mentioned that the Ultium battery plant in Ohio and the Spring Hill battery plant construction are progressing well.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 4:19 pm

FWBI

First Wave Bio has received a Notice of Allowance for its U.S. patent application 17/163,996, titled 'Methods and Compositions for Treating Conditions Associated with an Abnormal Inflammatory Response'.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 4:18 pm