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TSLA

Elon Musk, CEO of Tesla Inc. and SpaceX, advised a negotiated settlement to end the conflict in Ukraine, warning that Ukraine risks losing Odesa and access to the Black Sea if the war continues. Musk's comments on an X thread, where he criticized Ukraine's military strategy and predicted further territorial losses to Russia, have sparked controversy and accusations of pro-Kremlin sympathies, despite his companies' efforts to support Ukraine.

Portfolio Pulse from Benzinga Neuro

April 01, 2024 | 1:39 am

META

Meta Platforms Inc. (NASDAQ:META) has been denied a request to delay the FTC's re-evaluation of its Facebook division's alleged privacy violations. The U.S. Court of Appeals for the D.C. Circuit ruled against Meta, stating the company did not meet the requirements for an injunction. This decision is part of a series of setbacks for Meta, following a 2020 privacy settlement which the FTC is seeking to amend. The amendments include a ban on exploiting minors' data and expanded restrictions on facial recognition technology.

Portfolio Pulse from Ananya Gairola

April 01, 2024 | 1:30 am

MIMO

Airspan Networks Holdings Inc. (MIMO) announced a Restructuring Support Agreement with Fortress Investment Group and other stakeholders, providing up to $95M in equity financing and eliminating all debt. The company filed for Chapter 11 to expedite restructuring, aiming to become private under Fortress majority ownership. Airspan received over $53M in DIP financing to support operations during restructuring, with court approval pending. Existing stockholders may exchange shares for cash or warrants.

Portfolio Pulse from Charles Gross

March 31, 2024 | 6:34 pm

AAPL

AMZN

GOOGL

Apple Inc. (NASDAQ:AAPL) had a notable week with events including a rare iPhone auction fetching $130K, CEO Tim Cook's strategic visit to China, rumors of new iPhone 16 Pro colors, and a lawsuit against a former employee for leaks. Additionally, Jim Cramer criticized antitrust lawsuits against Big Tech, including Apple, Alphabet Inc. (NASDAQ:GOOGL), and Amazon.com Inc. (NASDAQ:AMZN).

Portfolio Pulse from Benzinga Neuro

March 31, 2024 | 1:19 pm

COIN

DOGEUSD

ETHUSD

SHIBUSD

The cryptocurrency market had an eventful week with Dogecoin's pre-Doge Day rally, Ethereum's co-founder Vitalik Buterin commenting on the Metaverse, Edward Snowden's prediction on the SEC's case against Coinbase, a trader's significant profit from Dawkoin, and Shiba Inu's strong comeback. Dogecoin saw a 40% increase in weekly gains, Ethereum's co-founder criticized the current understanding of the Metaverse, Snowden supported Coinbase against the SEC, a trader turned $3K into $215K with Dawkoin, and Shiba Inu's burn rate soared by 17,197%.

Portfolio Pulse from Benzinga Neuro

March 31, 2024 | 4:59 am

AAPL

BA

DJT

GME

TSLA

Benzinga's weekly review highlights significant first-quarter gains for major indexes and examines bullish and bearish perspectives on stocks like Apple, Tesla, and GameStop. The S&P 500 saw a 10.2% increase, the Dow Jones 5.6%, and the Nasdaq 9.1%. Inflation and spending reports suggest delayed Fed rate cuts. Bullish views include Apple's undervaluation, Tesla's Optimus robot project, and Dogecoin's surge. Bearish takes cover GameStop's performance, Boeing's CEO resignation, and Trump Media's valuation compared to Nvidia.

Portfolio Pulse from Michael Cohen

March 30, 2024 | 12:32 pm

BA

At a campaign reception in New York, President Joe Biden made a light-hearted comment about Boeing-manufactured Air Force One, joking, 'I don't sit by the door,' in response to a question about the aircraft's door security. This comes after an incident in January where a door plug panel on a Boeing aircraft operated by Alaska Airlines detached after takeoff, leading to an emergency landing. The incident has since subjected Boeing to intense regulatory scrutiny, including from the Justice Department. Boeing announced that CEO Dave Calhoun will step down by year-end, with Stephanie Pope taking over as the new head of its commercial airplanes division.

Portfolio Pulse from Anan Ashraf

March 30, 2024 | 8:25 am

NVO

Sen. Bernie Sanders criticized the high prices of the diabetes drug Ozempic, produced by Novo Nordisk (NYSE:NVO), and is considering hearings and a meeting with the company's CEO to discuss price reductions. Sanders highlighted the disparity between the drug's production cost, less than $5 a month, and its selling price, nearly $1,000 a month in the U.S. Novo Nordisk defended its pricing, citing significant investments in research and development.

Portfolio Pulse from Rounak Jain

March 30, 2024 | 8:19 am

META

Elon Musk has accused Meta Platforms Inc. (NASDAQ:META) of falsely claiming credit for sales that originated from his platform, X (formerly Twitter), amidst a $7 billion lawsuit filed by advertisers against Meta's Facebook and Instagram for inflating ad viewership. This accusation adds to the ongoing rivalry between Musk and Meta's co-founder, Mark Zuckerberg, especially after Musk's acquisition of X in 2022.

Portfolio Pulse from Rounak Jain

March 30, 2024 | 5:01 am

ATAI

META

MNMD

PSIL

TSLA

Beckley Psytech and atai Life Sciences announced positive results from a Phase 2a study of 5-MeO-DMT for Treatment Resistant Depression. Utah hospitals will soon offer psilocybin and MDMA therapy. Elon Musk discussed the benefits of ketamine for depression and its positive impact on investors. Meta is under investigation for potentially facilitating illegal drug sales. MindMed's CEO highlighted LSD's potential in a podcast. Various companies and ETFs are mentioned with their stock performance.

Portfolio Pulse from Lara Goldstein

March 29, 2024 | 4:43 pm