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SOLUSD

Martin Shkreli, known as 'Pharma Bro,' reportedly created the Trump-themed DJT Token with Barron Trump. This revelation was made by on-chain sleuth ZachXBT, who shared private messages from Shkreli. The Solana-based coin surged 187% but saw a quick dump by insiders. The coin recorded a 24-hour trading volume of $346 million and a market cap of $131 million.

Portfolio Pulse from Aniket Verma

June 19, 2024 | 6:33 am

TSLA

Tesla Inc (NASDAQ:TSLA) is facing a class-action lawsuit for allegedly monopolizing the market for vehicle repairs and parts. A U.S. judge has allowed Tesla owners to proceed with the lawsuit, which claims that Tesla's practices violate federal and California antitrust laws.

Portfolio Pulse from Anan Ashraf

June 19, 2024 | 3:40 am

AMD

Advanced Micro Devices (AMD) is collaborating with law enforcement officials and a third-party hosting partner to investigate a claim.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:49 pm

BSX

SILK

Silk Road Medical announced that Boston Scientific will be required to pay a termination fee of $69.5 million if the merger agreement is terminated under certain circumstances. Conversely, Silk Road Medical will be required to pay Boston Scientific a termination fee of $37.9 million if the deal is terminated under specified conditions.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:41 pm

LEN

TOL

Toll Brothers shares are trading lower after the DOJ filed a lawsuit against the company. Housing stocks, including Lennar, have been down today in sympathy.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 7:48 pm

TOL

The United States has filed a Fair Housing Act lawsuit against Toll Brothers and related entities for failing to construct apartments with features accessible to persons with disabilities.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 7:42 pm

GOOG

GOOGL

META

PINS

SNAP

The U.S. Federal Trade Commission (FTC) has referred a complaint against TikTok to the Justice Department. This move could have significant implications for TikTok's operations in the U.S. and may impact competitors in the social media space.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 7:14 pm

BA

Boeing CEO David Calhoun testified before Congress, addressing the company's safety issues and leadership changes. Senator Richard Blumenthal criticized Boeing for prioritizing stock price over safety, citing preventable tragedies. Calhoun emphasized Boeing's commitment to safety and cooperation with investigations. Boeing shares fell 2% following the testimony.

Portfolio Pulse from Chris Katje

June 18, 2024 | 6:59 pm

ALK

BA

Boeing CEO Calhoun testified before the Senate that the Alaska Airlines door plug incident was due to a manufacturing defect.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 6:46 pm

GOOGL

UBER

WMT

California's largest business and labor groups have agreed to amend the Private Attorneys General Act (PAGA), a law that has enabled workers to sue companies like Walmart, Uber, and Google for workplace violations. This change follows years of efforts by employers to reduce the financial impact of PAGA, which has reportedly cost businesses $10 billion over the past decade.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 6:41 pm