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BA

Boeing engineer Sam Salehpour has called for the grounding of all 787 Dreamliners worldwide due to safety concerns, ahead of his testimony before Congress. Salehpour's concerns, previously reported to the FAA, focus on potential premature failures. Boeing refutes these claims, asserting the safety of the 787 Dreamliner after rigorous FAA-overseen examinations. The company faces market challenges and scrutiny, with its stock down 32% year-to-date and its Q1 earnings report highly anticipated.

Portfolio Pulse from Benzinga Neuro

April 17, 2024 | 2:11 am

ADSK

Autodesk Inc (NASDAQ:ADSK) shares fell in after-hours trading following an update on its delayed quarterly report due to an ongoing internal investigation into the company's free cash flow and non-GAAP operating margin practices. The investigation, which began earlier this month, does not currently impact any previously issued financial statements or the information in the company's February earnings release. However, Autodesk will not meet the deadline to file its annual report for the year ended Jan. 31, 2024, and expects to receive a Nasdaq notice for not complying with the timely filing requirement.

Portfolio Pulse from Adam Eckert

April 16, 2024 | 8:50 pm

ADSK

Autodesk shares are trading lower following an update on an ongoing internal investigation by the Audit Committee.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 8:33 pm

ADSK

Autodesk, Inc. (ADSK) is undergoing an internal investigation regarding its free cash flow and non-GAAP operating margin practices, delaying its Form 10-K filing. The company does not believe the investigation affects any previously issued financial statements or its recent earnings release. Autodesk expects to receive a notice from Nasdaq for not meeting the timely filing requirement but plans to submit a compliance plan within 60 days to regain compliance.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 8:18 pm

TRP

TC Energy Corp reported an incident involving the NGTL natural gas system in Yellowhead County, stating that the affected section of the pipeline has been isolated and shut down with no reported injuries.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 7:55 pm

HE

Hawaii's Attorney General's report on the Lahaina wildfire does not find fault with first responders, focusing instead on the response of government agencies to the disaster. The 400-page report, detailed in its examination of agency responses and conditions contributing to the fire's severity, aims to dispel misinformation. While it does not address the fire's cause, it highlights the efforts of police and firefighters amidst challenging conditions. The report also hints at potential future legal scrutiny over unheeded warnings of fire danger and land overgrowth management.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 7:40 pm

HE

Hawaiian Electric's stock is trading lower following news that Hawaii's attorney general is set to release a report on the Lahaina fire response, which absolves first responders of blame.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 7:39 pm

CMCSA

The criminal trial of former President Donald Trump, focusing on alleged hush money payments, has begun, drawing significant media attention and commentary. Rep. Dan Goldman and MSNBC host Rachel Maddow have both weighed in, emphasizing the trial's implications for democracy and the rule of law. The trial, expected to last six weeks, is being closely watched for its potential impact on the 2024 presidential election and the integrity of the U.S. justice system.

Portfolio Pulse from Chris Katje

April 16, 2024 | 7:23 pm

ISPR

MSOS

Luna Stower is planning a trip to Washington DC next week for lobbying efforts, emphasizing the importance of being influential players in a larger environmental push. The message is tied to the Cannabis Capital Conference, which is accessible to both existing and new subscribers.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 6:57 pm

BNED

CLDI

SKIL

WISA

Skillsoft Corp. shares fell by 26.7% after reporting mixed Q4 results and lower-than-expected FY25 revenue guidance. Other stocks moved significantly in Tuesday's session, with notable gainers including WiSA Technologies and Palisade Bio, and losers like Barnes & Noble Education and Calidi Biotherapeutics.

Portfolio Pulse from Avi Kapoor

April 16, 2024 | 6:17 pm