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F

Ford is recalling 456,565 vehicles in the U.S. due to a risk of losing drive power from an undetected low battery, as reported by Reuters and citing the National Highway Traffic Safety Administration (NHTSA).

Portfolio Pulse from Charles Gross

April 17, 2024 | 9:49 am

GOOG

GOOGL

Marc Andreessen criticized Google's internal issues, including employee protests and security breaches involving AI chip designs. He highlighted the risks of AI safety and the need for urgent regulatory measures. Elon Musk supported Andreessen's concerns, emphasizing the dangers of AI. Google faces internal dissent over its cloud contract with the Israeli government, affecting employee morale.

Portfolio Pulse from Rounak Jain

April 17, 2024 | 9:37 am

NAK

The U.S. Army Corps of Engineers (USACE) has declined to engage in the permit remand process for Northern Dynasty, following a veto by the Environmental Protection Agency (EPA).

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 7:33 am

BYDDF

BYDDY

TSLA

Tesla Inc (NASDAQ:TSLA) faces scrutiny over Elon Musk's management style amid Cybertruck delivery delays, as investor Ross Gerber expresses skepticism. Gerber criticized Musk's focus since purchasing Twitter, suggesting a lack of leadership at Tesla. This criticism follows Tesla's poor Q1 sales performance, which Musk attributed to broader industry challenges, comparing it to BYD Co. Ltd.'s (OTC:BYDDY) (OTC:BYDDF) sales decline. The situation raises questions about Tesla's leadership and strategic direction, amidst layoffs and a focus on the robotaxi project.

Portfolio Pulse from Benzinga Neuro

April 17, 2024 | 3:12 am

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