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BMY

OGN

PFE

Wall Street's most accurate analysts have provided updates on three health care stocks with over 5% dividend yields: Pfizer Inc. (PFE), Organon & Co. (OGN), and Bristol-Myers Squibb Company (BMY). These updates include changes in price targets and ratings, reflecting the analysts' views on the stocks' future performance. Additionally, recent news relevant to each company is highlighted, such as Pfizer's settlement of lawsuits and Organon's senior notes offering.

Portfolio Pulse from Avi Kapoor

May 10, 2024 | 12:01 pm

COIN

HOOD

Veteran trader Peter Brandt predicts a severe regulatory crackdown on crypto staking, describing it as a "bloodbath." Concerns arise from potential actions by the SEC, OCC, and U.S. Treasury. Legal challenges and regulatory scrutiny have already impacted companies like Coinbase and platforms trading Bitcoin and Ethereum, with Coinbase facing a court ruling against its staking program and Robinhood experiencing increased crypto trading volume amidst regulatory notices.

Portfolio Pulse from Benzinga Neuro

May 10, 2024 | 8:46 am

MSFT

The House Committee on Homeland Security has summoned Microsoft Corp (NASDAQ:MSFT) President Brad Smith to testify on cybersecurity following recent U.S. government email hacks. The hearing, set for May 22 in Washington, aims to address breaches involving high-ranking officials' email accounts. Microsoft, facing scrutiny over its cybersecurity measures, has made operational adjustments and tied executive pay to anti-hacking milestones. Despite these efforts, a report criticized Microsoft's security practices, prompting a major strategy overhaul.

Portfolio Pulse from Benzinga Neuro

May 10, 2024 | 6:16 am

META

The Australian government has announced a parliamentary inquiry into Meta Platforms Inc.'s Facebook, ByteDance's TikTok, and Elon Musk's X, focusing on their handling of violent content and news payment issues. This move highlights concerns over social media's influence and lack of regulation, with specific incidents like X's refusal to remove violent content sparking legal battles. The inquiry aims to hold these platforms accountable for their decisions.

Portfolio Pulse from Benzinga Neuro

May 10, 2024 | 3:45 am

DWAC

Bruce Garelick, an investor in Trump Media, was convicted of insider trading, enabling over $22 million in illegal profits from trading on information about the merger between Digital World Acquisition Corp. (DWAC) and Trump Media & Technology Group. Garelick, who sat on DWAC's board, was found guilty in Manhattan federal court. His co-defendants, Michael and Gerald Shvartsman, previously pleaded guilty to insider trading charges related to the same case. The indictment did not implicate Trump or Trump Media & Technology Group.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 12:31 am

TSLA

Two Tesla Cybertrucks were detained by Lithuanian customs on suspicion of being smuggled into Russia, violating international sanctions. The vehicles, part of the first production units, were stopped at the Salčininku checkpoint bordering Lithuania and Belarus. A pre-trial investigation into smuggling and sanction violations has been initiated. Despite not being for sale in Europe, Tesla plans a marketing tour of the Cybertruck in the region. Russian President Vladimir Putin previously praised Tesla CEO Elon Musk, and at least one Cybertruck has been confirmed to have been smuggled into Russia via Belarus.

Portfolio Pulse from Chris Katje

May 09, 2024 | 11:05 pm

EVC

Entravision has appointed Mark Boelke as its new CFO. Boelke, with over 30 years of experience in business and legal fields, particularly in media, advertising, and technology, has been with Entravision since 2005, serving as General Counsel and Secretary since 2006. His expertise includes mergers and acquisitions, strategic partnerships, and corporate finance among others.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 9:47 pm

MASI

Politan Capital Management has rejected Masimo's proposal to withdraw its nominations in exchange for one nominee on Masimo's board. Politan argues this does not address the core governance issues at Masimo and insists on a majority of truly independent directors. However, Politan will not oppose the re-election of Joe Kiani to the board.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 7:55 pm

BA

The SEC is investigating Boeing's safety claims following a panel's dismissal of concerns regarding one of its planes, as reported by Bloomberg. This probe highlights regulatory scrutiny on Boeing's practices and raises questions about the transparency and reliability of its safety assertions.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 7:44 pm

COIN

ETHUSD

Joseph Lubin, co-founder of Ethereum and CEO of Consensys, criticized the SEC for stifling innovation in the U.S. financial sector by reclassifying Ethereum as a security and initiating enforcement actions. This comes as Consensys received a Wells notice from the SEC, leading to legal action against the regulator. Lubin suggests these actions aim to justify the likely denial of Ether spot ETFs and could drive crypto businesses overseas, impacting the broader technology landscape and questioning the SEC's stance on digital assets.

Portfolio Pulse from Murtuza Merchant

May 09, 2024 | 6:51 pm