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FTXL

INTC

SHOC

Intel Corp (NASDAQ:INTC) won the London leg of a global patent dispute with R2 Semiconductor, leading to a 2.12% increase in its stock price. The London High Court ruled R2's patent invalid, which could have otherwise halted the sale of Intel's chips. This ruling contrasts with a previous German court decision favoring R2. The semiconductor sector remains volatile due to potential U.S. measures against China.

Portfolio Pulse from Shivani Kumaresan

July 31, 2024 | 5:22 pm

TM

Toyota Motor Corp (NYSE:TM) has received a correction order from Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) due to improper certification processes for seven car models. The investigation revealed extensive irregularities, leading to a demand for drastic reforms. Toyota has acknowledged the issue and plans to review its certification operations.

Portfolio Pulse from Shivani Kumaresan

July 31, 2024 | 4:49 pm

GLASF

JSDA

SHFS

SHWZ

Several cannabis companies, including Glass House Brands, Schwazze, Jones Soda, and SHF Holdings, are set to release their earnings reports in mid-August 2024. Key updates include Glass House's legal victory, Schwazze's debt restructuring, Jones Soda's private placement, and SHF Holdings' partnership with BIPOCann.

Portfolio Pulse from Jelena Martinovic

July 31, 2024 | 4:40 pm

BA

Boeing Co (NYSE:BA) has appointed Kelly Ortberg, former CEO of Rockwell Collins, as its new chief executive, replacing Dave Calhoun. The company has faced significant criticism and legal challenges following safety incidents and the grounding of its 737 Max fleet. Boeing's stock has declined over 20% in the past year and over 40% in the last five years.

Portfolio Pulse from Hayden Buckfire

July 31, 2024 | 3:39 pm

BKNG

Booking Holdings Inc (NASDAQ:BKNG) has been fined €413.2 million ($447.1 million) by Spain's competition regulator, CNMC, for imposing unfair conditions on Spanish hotels. The CNMC's ruling mandates changes to ensure fair competition, impacting Booking's market practices in Spain.

Portfolio Pulse from Shivani Kumaresan

July 31, 2024 | 2:40 pm

META

Meta Platforms Inc. (NASDAQ:META) is under scrutiny for running ads on Facebook and Instagram that promote illegal drugs, violating its own policies. The ads, which include images of drugs and redirect users to other platforms for purchases, have led to a federal investigation. Meta has removed the ads and banned the users who created them.

Portfolio Pulse from Benzinga Neuro

July 31, 2024 | 2:23 pm

INFY

Infosys has been found liable to pay a tax amount of INR 324.03 billion, according to a document from the tax authority cited by Reuters.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 2:06 pm

CRWD

CrowdStrike is facing an investor class action lawsuit following a significant outage and subsequent selloff. The legal action could impact the company's stock performance in the short term.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 1:22 pm

TSLA

Tesla's Full Self-Driving (FSD) system is under scrutiny following a fatal motorcycle accident near Seattle involving a 2022 Tesla Model S. The driver admitted to using the Autopilot system and being distracted by his cellphone. The incident raises questions about the safety of Tesla's self-driving technology.

Portfolio Pulse from Benzinga Neuro

July 31, 2024 | 1:10 pm

AAPL

Tim Sweeney, CEO of Epic Games, criticized Apple's 'Find My' anti-theft feature, calling it 'super creepy surveillance tech.' Sweeney's comments have sparked debate about privacy and device tracking. Despite his criticism, US courts have ruled that device tracking does not violate a thief's privacy.

Portfolio Pulse from Rounak Jain

July 31, 2024 | 12:36 pm