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TSLA

Elon Musk, CEO of Tesla, agreed with Rep. Jim Jordan's criticism of President Joe Biden for not facing legal consequences over the handling of classified documents. The documents, linked to Biden's service on the Senate Foreign Relations Committee, were found during his tenure at the University of Delaware. Despite findings of willful retention and disclosure of sensitive information, Special Counsel Robert Hur's investigation concluded without filing criminal charges against Biden.

Portfolio Pulse from Benzinga Neuro

March 13, 2024 | 3:48 am

BA

INTC

NVDA

RUM

TSLA

On Tuesday, U.S. stocks closed higher with notable movements in shares of Rumble, Boeing, Intel, NVIDIA, and Tesla. Rumble's stock surged 18.26% after expressing interest in partnering with TikTok. Boeing's shares fell 4.29% due to failing FAA audits. Intel saw a modest increase of 0.85% after navigating sales to Huawei. NVIDIA's stock jumped 7.16%, continuing its strong yearly performance. Tesla's stock slightly decreased by 0.13%, but analysts remain optimistic about its growth.

Portfolio Pulse from Benzinga Neuro

March 13, 2024 | 2:41 am

TSLA

Elon Musk responded to allegations of 'election interference' made by Rep. Alexandria Ocasio-Cortez, stating he made X's algorithm open source and neutral. The allegations were shared by Tucker Carlson, citing a classified briefing attended by Biden Justice Department officials. Musk's response highlights his efforts to ensure fairness on X and criticizes the notion of 'election interference' as defined by Ocasio-Cortez. This comes amid discussions on anti-TikTok legislation and Musk's previous comments on social media fairness and censorship.

Portfolio Pulse from Ananya Gairola

March 13, 2024 | 1:34 am

META

Rep. Marjorie Taylor Greene accuses Democrats of plotting to ban TikTok to claim foreign interference in the 2024 elections. She suggests this narrative aims to justify potential election rigging accusations. The discussion reflects broader concerns over data sharing with China and impacts on U.S. national interests. Former President Trump, despite previous support for a TikTok ban, now opposes it, arguing it benefits Meta Platforms.

Portfolio Pulse from Benzinga Neuro

March 13, 2024 | 1:04 am

ALK

BA

SPR

Boeing Co (BA) and Spirit AeroSystems (SPR) faced significant setbacks after failing multiple audits by the FAA, following an incident with an Alaska Air (ALK) 737 Max jet. Boeing's shares dropped 4.2% after the FAA's findings were publicized, which highlighted issues including a faulty door plug. Spirit AeroSystems, a supplier to Boeing, saw its shares fall 7.78% after failing several tests. Additionally, a Boeing whistleblower was found dead under suspicious circumstances, and a Boeing 787 experienced a severe midflight issue, leading to an investigation by New Zealand's TAIC.

Portfolio Pulse from Neil Dennis

March 12, 2024 | 10:01 pm

NEE

The Federal Election Commission (FEC) has decided to close its investigation into a complaint against NextEra Energy's subsidiary, Florida Power & Light Company, regarding alleged violations of the Federal Election Campaign Act (FECA). The complaint was filed by a nonprofit corporation in October 2022.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 9:38 pm

EAF

Nilesh Undavia, holding about 5.9% of GrafTech's shares, issued an open letter to shareholders expressing distrust in the current board's ability to conduct a successful CEO search.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 9:10 pm

EAI

ETR

On March 7, the U.S. District Court ruled in favor of the Arkansas Public Service Commission and against Entergy Arkansas LLC regarding a September 2022 complaint. Entergy Arkansas plans to appeal the decision.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 9:07 pm

AMC

AMC Entertainment Holdings, Inc. (NYSE:AMC) announced a preliminary court approval for a settlement in a civil action brought by shareholders for alleged 'short-swing' profits by the Antara Defendants. The settlement, if approved, will result in AMC receiving $3.3 million. A final approval hearing is scheduled for May 2, 2024.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:48 pm

SHOT

Safety Shot, Inc. (NASDAQ:SHOT) has been granted authorization to serve notice of a motion for default judgment against Capybara Research, Igor Appelboom, and Benzinga for evading service of a lawsuit filed by Safety Shot. The lawsuit, filed in the Southern District of New York, accuses the defendants of evasive behavior, leading to a Certificate of Default being issued against them. Safety Shot will present its motion for default judgment on March 15, 2024.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:44 pm