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ALNY

CCL

NVDA

TSLA

On Monday, major U.S. indices showed mixed performance. Nvidia's stock fell by 6.68% due to a heavy sell-off and CEO share sale. Affirm Holdings rose by 12.82% after a Goldman Sachs analyst's Buy rating. Carnival Corporation rose by 1.99% ahead of its earnings report. Alnylam Pharmaceuticals surged by 34.52% on positive Phase 3 study results. Tesla fell slightly by 0.23% amid criticism of judicial activism in a case involving Elon Musk's pay package.

Portfolio Pulse from Benzinga Neuro

June 25, 2024 | 2:18 am

BTCUSD

Pro-Bitcoin presidential candidate Robert F. Kennedy Jr. has called for a monument honoring Julian Assange, and the release of Edward Snowden and Ross Ulbricht. His statements emphasize the importance of free speech, transparency, and transactional freedom, aligning with recent legal developments involving Assange and Ulbricht.

Portfolio Pulse from Benzinga Neuro

June 25, 2024 | 1:40 am

AZN

GEHC

JNJ

PFE

RHHBY

The U.S. Supreme Court has backed 21 pharmaceutical and medical equipment companies, including AstraZeneca, Pfizer, GE Healthcare, Johnson & Johnson, and Roche, in a lawsuit accusing them of funding terrorism in Iraq. The case has been sent back to a lower court for reconsideration.

Portfolio Pulse from Vandana Singh

June 24, 2024 | 7:47 pm

BITF

RIOT

Riot Platforms Inc. (NASDAQ:RIOT) is pushing for board changes at Bitfarms Ltd. (NASDAQ:BITF) to facilitate its acquisition of the Bitcoin mining firm. Riot, which owns nearly 15% of Bitfarms, has retracted its $2.30-per-share bid and is now seeking to replace key board members to enable honest negotiations. Bitfarms has been facing governance issues and has implemented a poison pill defense against Riot's bid.

Portfolio Pulse from Murtuza Merchant

June 24, 2024 | 4:53 pm

Boeing's stock rose by 1.5% despite U.S. prosecutors recommending criminal charges against the company for allegedly violating a 2021 settlement related to two fatal 737 MAX crashes. The DOJ must decide by July 7 whether to prosecute Boeing, which insists it has complied with the settlement terms.

Portfolio Pulse from Michael Juliano

June 24, 2024 | 3:54 pm

SONY

UMGNF

WMG

Music labels Sony, Universal Music Group (UMG), and Warner Records have filed a lawsuit against AI company Suno for copyright infringement, according to a U.S. court filing.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 3:17 pm

MAX

MediaAlpha shares are trading lower following a short report from Wolfpack Research.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 2:00 pm

MAX

Wolfpack Research has issued a report on MediaAlpha, alleging that the company is involved in consumer fraud. The report could have significant implications for MediaAlpha's stock price.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 1:57 pm

MASI

Masimo Corporation (NASDAQ:MASI) has successfully secured the dismissal of a patent infringement lawsuit filed by Wrist SP Biotech. This victory, achieved by Knobbe Martens, adds to a series of successful legal outcomes for Masimo.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 1:06 pm

ITA

PPA

Boeing Co (NYSE:BA) risks potential criminal charges as U.S. prosecutors reportedly recommend legal action against the company for allegedly breaching a 2021 deferred prosecution agreement following two fatal 737 MAX crashes. The Justice Department has until July 7 to decide on prosecuting Boeing, which could result in significant penalties. Boeing has denied any wrongdoing, but discussions with the Justice Department are ongoing. The stock has lost more than 14% in the last 12 months. Investors can gain exposure to Boeing via IShares U.S. Aerospace & Defense ETF (BATS:ITA) and Invesco Aerospace & Defense ETF (NYSE:PPA).

Portfolio Pulse from Shivani Kumaresan

June 24, 2024 | 10:47 am