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BZFD

Edge One Capital has raised concerns about BuzzFeed's governance in two letters addressed to BuzzFeed's management and board of directors.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 5:39 pm

DAL

Delta Air Lines reported the loss of two team members and the injury of another at its Atlanta Technical Operations Maintenance Facility. The company is collaborating with local authorities and conducting a full investigation to understand the incident.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 3:19 pm

SMCI

Hindenburg Research has issued a short report on Super Micro Computer Inc (NASDAQ:SMCI), alleging accounting manipulation, governance issues, and compliance problems. The report highlights past SEC charges, questionable business relationships, and potential export violations. Super Micro's stock fell 2% following the report.

Portfolio Pulse from Chris Katje

August 27, 2024 | 2:58 pm

DAL

The International Association of Machinists and Aerospace Workers (IAM) has urged Delta Airlines to investigate a fatal tire explosion at its Atlanta facility. The incident involved workers and has raised safety concerns.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 2:56 pm

DAL

Two workers were killed and one injured at Delta's Atlanta maintenance facility. An investigation is underway, but there is no impact on airport operations.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 2:42 pm

DKNG

The NFL Players Association has filed a lawsuit against DraftKings in a New York federal court, accusing the company of breaching a licensing agreement related to NFL player NFTs after closing its NFT business. DraftKings has not commented on the lawsuit.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 2:22 pm

AAPL

AIXI

Xiao-I Corporation (NASDAQ:AIXI) has provided an update on its VIE's patent infringement lawsuit against Apple. The Shanghai High Court has concluded the trial, and the company is awaiting the verdict.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 1:47 pm

SMCI

Hindenburg Research has released a report on Super Micro Computer, alleging accounting manipulation, sibling self-dealing, and sanctions evasion. Following the report, Super Micro Computer's shares have spiked lower.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 1:15 pm

GDVD

IYG

JPM

JPMorgan Chase & Co. is facing a lawsuit for allegedly profiting from customers' idle cash by transferring it into accounts with low interest rates. The lawsuit, filed by Dan Bodea, accuses JPMorgan of breaching fiduciary duty and seeks damages. The bank's shares are slightly down in premarket trading.

Portfolio Pulse from Lekha Gupta

August 27, 2024 | 1:14 pm