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New York Attorney General Letitia James announced that her office is launching investigations into social media companies in connection with the terror attack in Buffalo that claimed 10 lives and wounded three individuals. The investigations will look into the social media companies and other online resources that the shooter used to discuss and amplify his intentions and acts to carry out this attack. Specifically, the investigations will focus on those platforms that may have been used to stream, promote, or plan the event, including but not limited to Twitch, which is owned by Amazon (AMZN), 4chan, 8chan, and Discord. "The terror attack in Buffalo has once again revealed the depths and danger of the online forums that spread and promote hate," said Attorney General James. "The fact that an individual can post detailed plans to commit such an act of hate without consequence, and then stream it for the world to see is bone-chilling and unfathomable. As we continue to mourn and honor the lives that were stolen, we are taking serious action to investigate these companies for their roles in this attack. Time and time again, we have seen the real-world devastation that is borne of these dangerous and hateful platforms, and we are doing everything in our power to shine a spotlight on this alarming behavior and take action to ensure it never happens again." Other publicly traded social media companies include Meta (FB), Snap (SNAP), and Twitter (TWTR). Reference Link

Margaret Dorn, Senior Director, Head of ESG Indices, North America at S&P Dow Jones Indices, stated in a blog post dated May 17: "It is that time of year yet again: the seasons are changing, spring is in the air and the S&P 500 ESG Index has undergone its fourth annual rebalance. Just as it has in years past, the changes of the 2022 rebalance reflect the delicate balancing act of providing for broad-based market exposure but with meaningful and measurable sustainability-focused enhancements... one familiar name may stick out as being absent from that list: Tesla. Tesla was ineligible for index inclusion due to its low S&P DJI ESG Score, which fell in the bottom 25% of its global GICS industry group peers. It joins Berkshire Hathaway, Johnson & Johnson and Meta, which have once again met the index methodology's chopping block... But, how can a company whose self-declared mission is to 'accelerate the world's transition to sustainable energy' not make the cut in an ESG index? First and foremost, the GICS industry group in which Tesla is assessed - Automobiles & Components - experienced an overall increase in its average S&P DJI ESG Score. So, while Tesla's S&P DJI ESG Score has remained fairly stable year-over-year, it was pushed further down the ranks relative to its global industry group peers. A few of the factors contributing to its 2021 S&P DJI ESG Score were a decline in criteria level scores related to Tesla's (lack of) low carbon strategy and codes of business conduct. In addition, a Media and Stakeholder Analysis, a process that seeks to identify a company's current and potential future exposure to risks stemming from its involvement in a controversial incident, identified two separate events centered around claims of racial discrimination and poor working conditions at Tesla's Fremont factory, as well as its handling of the NHTSA investigation after multiple deaths and injuries were linked to its autopilot vehicles. Both of these events had a negative impact on the company's S&P DJI ESG Score at the criteria level, and subsequently its overall score. While Tesla may be playing its part in taking fuel-powered cars off the road, it has fallen behind its peers when examined through a wider ESG lens." Reference Link

Stephen Mandel's Lone Pine Capital disclosed in an SEC filing its holdings as of March 31, 2022. Lone Pine made eight new buys during Q1, including by size of position, TSMC (TSM), Meta Platforms (FB), Atlassian (TEAM), Dick's Sporting Goods (DKS), Bill.com (BILL) and Thermo Fisher (TMO). The fund exited eight positions during the quarter, including by size of previous position, KE Holdings (BEKE), Adobe (ADBE), Snowflake (SNOW), NetEase (NTES), Confluent (CFLT) and PVH Corp. (PVH). Lone Pine Capital increased its stake in three holdings: Block (SQ), Microsoft (MSFT) and RH (RH). Lone Pine Capital reduced its stake in 15 holdings, including by size of previous position, Shopify (SHOP), Snap (SNAP), MasterCard (MA), UnitedHealth (UNH), DoorDash (DASH) and Bath & Body Works (BBWI). Lone Pine Capital's top holdings as of March 31, in order of size, were Microsoft, Amazon, Workday, ServiceNow and Bath & Body Works.