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Legal

DJT

SPY

Former President Donald Trump has requested a pause on the secret documents case following a recent immunity ruling. He has asked a Florida court to consider the Supreme Court's opinion on the matter.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 6:28 pm

IYW

META

TSLA

VGT

Elon Musk seeks to dismiss a lawsuit filed by former Twitter shareholders who claim he delayed disclosing his substantial ownership stake in Twitter in early 2022. Musk argues that any delay was unintentional and not a scheme to defraud. The SEC is also investigating his Twitter stock purchases.

Portfolio Pulse from Shivani Kumaresan

July 05, 2024 | 5:46 pm

APIE

AVIV

NSANY

TM

The Japan Fair Trade Commission found that Toyota Motor Corp’s subsidiary, Toyota Customizing & Development Co. (TCD), violated subcontractor protection laws by not compensating suppliers for storage fees and forcing them to accept returns on defective products without proper inspection. TCD has since reimbursed the suppliers. The FTC also cautioned Nissan Motor Co. for similar practices. Toyota stock has gained over 27% in the last 12 months, and investors can gain exposure through ETFs like APIE and AVIV.

Portfolio Pulse from Shivani Kumaresan

July 05, 2024 | 4:47 pm

NVO

NVS

PFE

Novo Nordisk (NYSE:NVO) has been reprimanded by the UK's PMCPA for failing to disclose payments of approximately $10 million between 2020 and 2022. The PMCPA also reported breaches by Novartis (NYSE:NVS) and Pfizer (NYSE:PFE).

Portfolio Pulse from Vandana Singh

July 05, 2024 | 4:29 pm

APH

ELF

MSTR

TSM

UBER

Benzinga's Stock Whisper Index highlights five stocks that are gaining interest among investors: E.l.f. Beauty Inc (ELF), Amphenol Corporation (APH), MicroStrategy Inc (MSTR), Uber Technologies (UBER), and Taiwan Semiconductor (TSM). Key developments include new partnerships, share buybacks, cryptocurrency investments, legal settlements, and AI demand.

Portfolio Pulse from Chris Katje

July 05, 2024 | 3:49 pm

AAPL

META

The European Union is set to issue a formal warning to Elon Musk's social media platform X (formerly Twitter) for failing to control harmful content. This could lead to fines of up to 6% of X's revenue. The EU is also investigating Meta Platforms Inc. (NASDAQ:META) and Apple Inc. (NASDAQ:AAPL) for similar issues.

Portfolio Pulse from Shivani Kumaresan

July 05, 2024 | 3:25 pm

AAPL

ADBE

QCOM

XLV

On CNBC's 'Halftime Report Final Trades,' experts recommended Apple, Adobe, Qualcomm, and the Health Care Select Sector SPDR Fund. Apple is working on new versions of its Vision Pro headset. Adobe received a price target increase from DA Davidson. Qualcomm settled a lawsuit for $75 million.

Portfolio Pulse from Avi Kapoor

July 05, 2024 | 3:02 pm

AAPL

IYW

VGT

Epic Games has accused Apple Inc. of blocking its efforts to launch the Epic Games Store on iOS devices in Europe, citing arbitrary rejections. This dispute highlights ongoing friction between the two companies despite regulatory pressure from the EU. Apple stock has gained over 15% in the last year, and investors can gain exposure through ETFs like VGT and IYW.

Portfolio Pulse from Shivani Kumaresan

July 05, 2024 | 3:02 pm

MRDB

On 5 July 2024, MariaDB filed an amendment with the U.S. SEC to its previously filed Solicitation/Recommendation Statement on Schedule 14D-9 from June 24, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:02 pm