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MA

VGK

Mastercard received a formal request for information from the European Commission in August regarding an investigation into alleged anti-competitive behavior of certain card scheme services in the EU/EEA.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 2:38 pm

FCX

The US SEC is investigating Freeport-McMoRan Inc. for potentially failing to disclose earthquake risks to its $3.7 billion copper smelter in Indonesia.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:23 pm

EC

Ecopetrol S.A. received a favorable decision from the Santa Marta Tribunal, allowing the continuation of exploration and production at the Tayrona exploratory drilling area. This decision overturns a previous court ruling that had suspended operations due to a claim by the Indigenous Council of Taganga.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 1:00 pm

MOVE

Movano Health is investigating potential stock manipulation following a reverse stock split. The company is concerned about unusual trading patterns and is taking steps to address the issue.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 12:40 pm

AVDL

CVNA

TNON

Tenon Medical, Avadel Pharmaceuticals, and Carvana shares are trading higher due to positive developments. Tenon Medical highlighted successful clinical data, Avadel won a court ruling favoring FDA approval of its drug, and Carvana reported strong Q3 results.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:53 am

AVDL

JAZZ

Avadel Pharmaceuticals' shares rose following a favorable U.S. District Court ruling in a lawsuit by Jazz Pharmaceuticals regarding the approval of Avadel's drug, LUMRYZ.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:27 am

AVDL

JAZZ

Avadel Pharmaceuticals announced that the US District Court ruled in favor of the FDA in a lawsuit brought by Jazz Pharmaceuticals regarding the approval of LUMRYZ. The court upheld the FDA's decision that LUMRYZ is clinically superior to Jazz's oxybate products.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:25 am

SMCI

Super Micro Computer Inc (NASDAQ:SMCI) shares dropped over 4% in pre-market trading following the resignation of its independent auditor, Ernst & Young, due to concerns about governance and transparency. The resignation raises questions about the company's financial integrity.

Portfolio Pulse from Benzinga Neuro

October 31, 2024 | 8:57 am

TCNNF

Florida Governor Ron DeSantis is intensifying his campaign against two proposed amendments to the Florida Constitution concerning recreational marijuana legalization and abortion rights. Despite significant public support for both amendments, DeSantis is using state funds for advertising to oppose them. Trulieve Cannabis Corp. is involved in the campaign for marijuana legalization.

Portfolio Pulse from Maureen Meehan

October 30, 2024 | 7:28 pm

MSFT

The Delaware Attorney General has questioned OpenAI's plan to convert from a nonprofit to a for-profit entity, which could impact billions in investments. OpenAI, originally a nonprofit, has received significant investments from Microsoft and others, who are pushing for the conversion. The AG's involvement could complicate the process, but OpenAI is engaging in discussions to address concerns.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 4:45 pm