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ADBE

CVX

EA

FLNG

XOM

On CNBC's 'Halftime Report Final Trades,' experts discussed Chevron, Adobe, FLEX LNG, and Electronic Arts. Chevron and Exxon Mobil plan to file a lawsuit against the Biden administration's emission cuts. FLEX LNG has a 12% dividend yield and posted strong Q1 results. Adobe beat Q2 earnings estimates, and Electronic Arts is set to host an Investor Day.

Portfolio Pulse from Avi Kapoor

June 21, 2024 | 12:51 pm

NKLA

Nikola Corporation (NASDAQ:NKLA) shares are gaining in the premarket session after a significant 31.5% dip the previous day. The company announced a 1-for-30 reverse stock split effective June 24, aiming to increase its stock price and prevent delisting. However, challenges persist, including a multi-billion dollar lawsuit from founder Trevor Milton and removal from the Russell 3000 Index. Nikola's Q1 results showed a decline in sales and production compared to the previous year.

Portfolio Pulse from Nabaparna Bhattacharya

June 21, 2024 | 12:19 pm

AXSUSD

ETHUSD

SOLUSD

A Hong Kong court convicted Mingtung Wong for providing unlicensed investment advice in a Telegram group. Wong, a licensed representative with the Hong Kong SFC, managed a subscription-based group beyond his professional scope, leading to a HKD 10,000 fine. Separately, Ethereum co-founder Vitalik Buterin criticized celebrity-backed meme coins, urging the crypto community to focus on projects with lasting value.

Portfolio Pulse from Murtuza Merchant

June 21, 2024 | 11:40 am

AAOI

Applied Optoelectronics Inc. (AAOI) and Molex have reached a confidential settlement regarding a patent infringement dispute. Both companies emphasize the importance of patent protection and respecting intellectual property.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 11:11 am

BTCUSD

Robert F. Kennedy Jr. has pledged to pardon Ross Ulbricht, the founder of Silk Road, if he becomes President. This follows a similar promise made by Donald Trump. Ulbricht, who is serving two life sentences for creating the Silk Road, has been a controversial figure, with his case involving significant amounts of Bitcoin.

Portfolio Pulse from Benzinga Neuro

June 21, 2024 | 10:29 am

AMZN

FTXR

GM

GOOGL

RPV

General Motors' Cruise unit has been fined $112,500 by California regulators for delayed reporting of a self-driving car accident. The incident has led to increased scrutiny of autonomous vehicle safety and regulatory requirements for reporting collisions. Despite the suspension of its permit in California, Cruise has resumed operations with human-driven vehicles in Phoenix, Arizona. GM's stock has gained 29% in the past year.

Portfolio Pulse from Shivani Kumaresan

June 21, 2024 | 9:31 am

DJT

Shares of Trump Media & Technology Group Corp. (NASDAQ:DJT) fell nearly 15% on Thursday, significantly impacting Donald Trump's net worth, which dropped by $523 million. The decline follows the SEC's approval of a shelf registration statement, allowing the company to offer additional shares and warrants. Trading volume was notably high, and the stock has been on a downtrend since June, exacerbated by Trump's legal issues.

Portfolio Pulse from Shanthi Rexaline

June 21, 2024 | 9:20 am

CVU

CPI Aerostructures has settled with the SEC over financial restatements. The company aims to remediate its internal control weaknesses by December 31, 2024, and will disclose its compliance in the 2024 Annual report. Failure to comply will result in a $400,000 penalty.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 6:45 am

BDNNY

The U.S. Department of Justice (DOJ) will focus on a consumer protection lawsuit against ByteDance-owned TikTok, specifically targeting children's privacy violations. The DOJ will drop claims that TikTok misled U.S. consumers about data access by Beijing-based employees. This decision follows a referral from the Federal Trade Commission (FTC) and comes amid ongoing legal battles between TikTok and the U.S. government.

Portfolio Pulse from Ananya Gairola

June 21, 2024 | 4:00 am

GOOG

GOOGL

META

TikTok and ByteDance argue that the U.S. could have considered alternatives to banning the app to address national security concerns. President Biden signed a bill that could force a sale or ban TikTok by January 2025. TikTok's legal challenges claim the ban infringes on free speech and would harm content creators. Meta Platforms and Alphabet saw slight stock gains amid the news.

Portfolio Pulse from Michael Juliano

June 20, 2024 | 10:37 pm