Articles from Benzinga

SES AI inks contracts for up to $10 million to develop AI-enhanced Li-Metal and Li-ion batteries for EVs with two automotive OEM partners.

McCormick posted a 3% YoY sales growth in Q2 FY24, reaching $1.80 billion, surpassing estimates. The consumer segment saw a 4% sales increase, while the Flavor Solutions segment grew by 1%.

Bolivia is investing in lithium production despite challenges such as high altitude, logistical constraints, and environmental concerns.

Banzai International, Inc to acquire Act-On Software Inc for $53.2M. Act-On's AI-powered platform helps clients generate leads, increase sales, and improve ROI.

La Rosa Holdings Corp announced a preliminary revenue estimate of $65 million for fiscal year 2024, up 104% from previous year. CEO expects continued growth in 2025 through acquisitions, expansion, and technology enhancements. LRHC stock closed lower by 4.19% at $0.48 Wednesday.

Solana's (CRYPTO: SOL) has surged 21% over the past week, driven by excitement over meme coin launches and anticipation of a futures ETF.

GE Aerospace reports 16% revenue growth in Q4 2024, exceeding analyst consensus. Plans for share repurchase and dividend increase.

Wedbush Securities has raised its price target on Palantir Technologies citing the company's growing confidence in its "AI strategy".

Billionaire entrepreneur Richard Branson on Tuesday criticized U.S. President Donald Trump's decision to withdraw from the 2015 Paris climate deal aimed at tackling climate change.

Rivian Automotive and Lucid Group's technical analysis reflects a bleak picture for the stocks in the near term.

The WTO chief issued a warning on Thursday about the potentially disastrous impact of trade wars on global economic growth.

Puma SE reported a 9.8% sales growth in Q4 FY24 and launched a new efficiency program aiming to enhance profitability through cost control measures and strategic investments.

SpaceX plans to build a new vertical integration facility in Florida by Aug. 2026 for Starship assembly and integration.

US markets close higher on record Netflix subscribers and AI leaders, while S&P 500 reaches new high. Asia markets mixed, Europe down slightly, commodities steady, and US futures mixed.

Billionaire Elon Musk-led Department of Government Efficiency has set its sights on an unexpected target: the U.S. penny.

Bullish trade on AXP's earnings with a long call butterfly spread. Maximum profit of $810 if price spikes past $340. Maximum risk is debit cost.

U.S. stock futures were mixed on Thursday following Wednesday's rally. Futures of benchmark indices were lower except Dow Jones.

Amazon announced it's withdrawing from Quebec,Canada, due to potential tariffs. It'll affect 1,700 jobs but offer compensation. AWS plans to expand in Canada.

GM is recalling 2,890 model year 2025 Chevrolet Equinox EV vehicles in the U.S. over concerns regarding its adaptive cruise control feature.

Samsung teased the Galaxy S25 Edge, an ultrathin smartphone alongside the Galaxy S25 smartphone at its Galaxy Unpacked event.

Polestar Automotive CEO Michael Lohscheller is of the opinion that Tesla Inc CEO Elon Musk's involvement in global politics is pushing away customers.

OpenAI CEO Sam Altman says his perspective on Trump has evolved after closely observing him.

ByteDance plans to invest over $12 billion in AI infrastructure by 2025, focusing on AI chip acquisitions and overseas model training.

Renowned investor Cathie Wood, CEO of Ark Invest believes President Donald Trump's second administration could breathe new life into the struggling initial public offering landscape, potentially creating significant opportunities for investors and venture funds.

Cryptocurrency index fund manager Bitwise Asset Management filed for a Dogecoin (CRYPTO: DOGE) exchange-traded fund on Wednesday, prompting analysts to forecast big returns for the dog-themed meme coin.

Elon Musk's Tesla could deliver a choppy H1 given tailwinds from Donald Trump's EV policies, uncertainties in deliveries, and gross margin.

The launch of President Donald Trump's meme coin and its meteoric rise to tens of billions of dollars in valuation has generated astonishment unlike anything seen before.

Microsoft CEO Satya Nadella reaffirmed Microsoft's $80 billion annual AI investment in response to Elon Musk's skepticism about Project Stargate's $100 billion funding potential, emphasizing the venture's significance for AI development and U.S. technological ambitions.

Warner Bros. Discovery's CNN is preparing to lay off hundreds of employees this week, reflecting the ongoing digital transformation in the news media landscape.

LinkedIn faces a class action lawsuit alleging it violated user privacy by sharing Premium users' data for AI model training without consent, prompting accusations of policy changes to "cover its tracks."

BMW UK will no longer post on Elon Musk's social media platform X, but instead will use it merely for customer support, the company said.

Tesla will increase the prices on its entire car lineup starting Feb. 1, with the Model 3 prices expected to rise by as much as C$9000.

Cathie Wood, the founder of asset management firm Ark Invest, expressed uncertainty about the utility of President Donald Trump’s coin on Wednesday, adding that her company has avoided memecoin investments.

Wall Street personalities and market watchers are closely monitoring coal stocks following unexpected industry dynamics, with Jim Cramer hinting at a potential sector resurgence.

Samsung and Google are teaming up to develop augmented reality glasses, aiming to compete with Meta and Apple in the growing AR market, with plans to leverage third-party developers for content and a potential launch by 2026.