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AAPL

The Lincoln Park Apple Store in Chicago closed early on Saturday due to a protest by Apples4Ceasefire, a group of about 300 current and former Apple employees. The protest was against Apple Inc.'s labor practices in Africa and the firing of an employee for wearing pro-Palestinian accessories. The group demands Apple to acknowledge the Palestinian community's struggles and to withdraw from the Democratic Republic of the Congo.

Portfolio Pulse from Benzinga Neuro

April 08, 2024 | 1:55 am

BA

LUV

A Boeing 737-800 operated by Southwest Airlines lost its engine cover during takeoff at Denver International Airport. The FAA is investigating the incident, which adds to Boeing's ongoing regulatory scrutiny and production slowdowns. Southwest Airlines is reviewing the aircraft, and passengers were delayed but safely transported on a different aircraft. This incident contributes to Boeing's challenges, including trust issues and financial turbulence, as CEO Dave Calhoun announces retirement.

Portfolio Pulse from Benzinga Neuro

April 08, 2024 | 12:30 am

BX

Donald Trump is leveraging a high-profile fundraising event to unite the Republican megadonor community for his 2024 reelection campaign. Despite raising an expected $43 million, Trump lacks financial support from key donors like Miriam Adelson, who, along with her late husband Sheldon, contributed $90 million to Trump's 2020 campaign. Other notable absentees include Blackstone Inc.'s CEO Stephen Schwarzman and Elliott Management's Paul Singer. Trump's legal expenses are consuming a significant portion of donations, adding pressure to secure more funds. Miriam Adelson's eventual contribution is anticipated, reflecting the complex dynamics between Trump and his major donors.

Portfolio Pulse from Nabaparna Bhattacharya

April 06, 2024 | 3:46 pm

AAPL

HTZ

META

TSLA

Wall Street experienced significant declines, with the Dow dropping 2.27% in its steepest weekly fall of 2024. Treasury yields spiked following a report of higher-than-expected job growth. Bullish views include Tesla's AI project potential, Apple's new AI model ReALM, and support for Shiba Inu. Bearish perspectives involve Meta sharing user data, challenges for Bitcoin spot ETFs, and Hertz's issues with Tesla EVs.

Portfolio Pulse from Michael Cohen

April 06, 2024 | 12:56 pm

AAPL

MASI

Apple Inc. has appealed to a U.S. appeals court to overturn an import ban on certain Apple Watches due to a patent dispute with Masimo Corporation. The ban, upheld by the White House in December 2023, significantly impacts Apple's sales, potentially affecting around $5 billion in sales or about 1% of Apple's total revenue. Apple argues that Masimo's patents are invalid and that its watches did not infringe on them. The dispute began after Masimo accused Apple of stealing its pulse oximetry technology.

Portfolio Pulse from Ananya Gairola

April 06, 2024 | 7:25 am

AMRX

BHC

Bausch Health Companies Inc. (BHC) and its subsidiary, Salix Pharmaceuticals, have filed a patent lawsuit against Amneal Pharmaceuticals in New Jersey, concerning Amneal's attempt to market a generic version of XIFAXAN®. Amneal's ANDA claims that the patents for XIFAXAN® are unenforceable, invalid, or not infringed. This lawsuit triggers a 30-month stay on FDA approval for Amneal's product. Bausch Health has defended its XIFAXAN® intellectual property against other companies in the past, with some cases settled and one ongoing.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 10:28 pm

SPY

President Biden has committed his administration to ensuring that those responsible for the Baltimore Bridge collapse will bear the costs of repairing the damage. This statement underscores the government's stance on accountability for infrastructure failures.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 7:34 pm

DJT

Trump Media & Technology Group's shares are trading lower following its Nasdaq debut, amid calls by Democrats for an inquiry into alleged influence peddling.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 6:31 pm

META

Meta Platforms has filed a motion for summary judgment in the FTC lawsuit concerning its acquisitions of Instagram and WhatsApp, asking the court to dismiss the case due to lack of evidence supporting the FTC's antitrust claims.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 6:13 pm

DJT

Trump Media & Technology Group Corp. (NASDAQ:DJT) shares have fallen over 30% in the past five days amid concerns over its financial health and a request for a probe into its merger with Digital World Acquisition. The Congressional Integrity Project has asked for an investigation into potential influence peddling and corruption. Trump Media reported a revenue of $4.13 million for 2023 but warned of ongoing financial losses and negative cash flows.

Portfolio Pulse from Erica Kollmann

April 05, 2024 | 5:41 pm