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CMCSA

Michael Avenatti, serving time for wire fraud and obstruction, gave an interview from prison on MSNBC's 'The Beat with Ari Melber', discussing the upcoming hush money trial involving former President Donald Trump and Stormy Daniels. Avenatti criticized the choice of state court for the trial and expressed concerns over the reliance on Michael Cohen and Daniels as witnesses, predicting Trump's conviction but foreseeing challenges on appeal.

Portfolio Pulse from Chris Katje

April 10, 2024 | 11:07 pm

BA

Former Boeing engineer Sam Salehpour claims that 787 Dreamliner fuselage sections are improperly fastened, potentially risking mid-flight breakage. WallStreetBets users react with a mix of sarcasm and concern, discussing Boeing's safety, quality, and investment potential amidst these whistleblower reports. Despite the negative news, some investors see Boeing as a solid long-term investment due to its military contracts, while others suggest waiting for further price drops before buying.

Portfolio Pulse from Erica Kollmann

April 10, 2024 | 9:08 pm

UNIUSD

Uniswap's founder, Hayden Adams, announced that the SEC has served the decentralized exchange with a Wells notice, indicating potential regulatory action. Adams vows to fight the SEC, criticizing its approach to regulation and accusing it of targeting reputable companies like Uniswap and Coinbase while ignoring others. He highlights Uniswap's significant growth and its processing of over $2 trillion in volume, asserting that the platform exemplifies the SEC's goals better than the SEC itself.

Portfolio Pulse from Murtuza Merchant

April 10, 2024 | 8:40 pm

MSFT

Microsoft Corp. (NASDAQ:MSFT) experienced a security breach involving an open Azure storage server, which exposed internal files and credentials related to its Bing search engine. Discovered by SOCRadar researchers, the server was unprotected and accessible online, posing a risk of significant data leaks and service compromises. Microsoft secured the exposed files after being informed, but the duration of exposure remains unknown. This incident adds to Microsoft's history of security challenges, emphasizing the need for enhanced security measures.

Portfolio Pulse from Franca Quarneti

April 10, 2024 | 7:02 pm

BA

Boeing's stock price has declined following price target reductions by Morgan Stanley and Stifel, amid upcoming Senate hearings on the company's safety culture due to recent safety concerns.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 6:14 pm

ADIL

ASTI

MRIN

VIAO

VLD

Ascent Solar Technologies, Inc. (ASTI) shares fell by 50% after announcing a $6 million public offering at $0.14 per share. Other stocks experienced significant movements, with Marin Software (MRIN) and Adial Pharmaceuticals (ADIL) among the top gainers, while VIA optronics (VIAO) and Velo3D, Inc. (VLD) led the losers.

Portfolio Pulse from Avi Kapoor

April 10, 2024 | 6:07 pm

NSC

Norfolk Southern Corp (NYSE:NSC) reached a $600M agreement to resolve a lawsuit related to the East Palestine derailment, viewed negatively by RBC Capital analyst Walter Spracklin. Despite reiterating a Sector Perform rating with a $270 price target, the settlement is seen as a significant negative, representing about 22% of FY24 consensus net income. The company also reported preliminary Q1 FY24 revenues of $3.004 billion and an adjusted EPS of $2.49, with expectations of operating ratio improvements. However, exposure to coal is seen as a future earnings headwind.

Portfolio Pulse from Shivani Kumaresan

April 10, 2024 | 5:43 pm

BA

Boeing Company (NYSE:BA) shares have declined over 5% in the past five days amid new safety concerns raised by whistleblower Sam Salehpour regarding the 787 Dreamliners' fuselage sections. The U.S. Senate Permanent Subcommittee on Investigations is set to examine these claims. Analysts have adjusted their price targets, with Stifel lowering it from $270 to $260 and Morgan Stanley from $235 to $180. Despite the recent downturn, the average 12-month price target among analysts is $241.10, suggesting potential upside.

Portfolio Pulse from Erica Kollmann

April 10, 2024 | 4:22 pm

AAPL

TSLA

Cryptocurrencies Bitcoin, Ethereum, and Dogecoin experienced a decline amid $250M in crypto liquidations, with concerns over potential Fed rate cuts. Apple is expanding into Latin America with a new office in Coral Gables. Other highlights include anticipation of US inflation data, political critiques within the US and regarding international relations, and various updates in the tech and electric vehicle sectors, including Apple's growth and Tesla's customer retention.

Portfolio Pulse from Akanksha Bakshi

April 10, 2024 | 1:49 pm

PHG

Koninklijke Philips NV (NYSE:PHG) announced a final agreement with the U.S. Justice Department and FDA regarding a settlement related to its Respironics ventilators, following a voluntary recall in June 2021 for certain devices. The consent decree allows Philips Respironics to continue servicing existing devices and selling accessories while meeting specific requirements before resuming new device sales in the U.S. Philips maintains its 2023-25 financial guidance, including the impact of the consent decree.

Portfolio Pulse from Vandana Singh

April 10, 2024 | 1:47 pm