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BA

Boeing Co (NYSE:BA) faces challenges after grounding over 170 Boeing 737 Max 9s due to a midair door blowout incident. Despite ongoing quality issues and pressure on aviation regulators, the impact on 2024 deliveries is expected to be limited. Boeing's stock has seen a recent decline from $264 to $229, but a Golden Cross on the price chart suggests a potential bullish trend. This could present a good entry point for long-term investors.

Portfolio Pulse from Surbhi Jain

January 10, 2024 | 6:07 pm

BA

Boeing CEO Dave Calhoun appeared live on CNBC to discuss the investigation into the Max-9 aircraft. The discussion likely covered the company's response to the investigation, potential safety concerns, and the impact on Boeing's operations and reputation.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 6:02 pm

BABA

U.S. Rep. Laurel Lee and her husband sold $100,000 to $250,000 in Alibaba Group Holding (NYSE:BABA) shares, drawing scrutiny due to her critical stance on China and her position on a Homeland Security subcommittee. The trade was disclosed on Quiver Quant's Congress trading dashboard and has been highlighted by social media influencers. Lee has previously denied allegations of her family's ties to the Chinese Communist Party, stating the stocks are owned by her husband and not a marital asset.

Portfolio Pulse from Chris Katje

January 10, 2024 | 5:37 pm

SVRE

SaverOne 2014 has received a decision to grant a European patent for its 'SYSTEM AND METHODS TO FACILITATE SAFE DRIVING'. The patent approval is a significant milestone for the company, potentially strengthening its intellectual property portfolio and market position in Europe.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 5:07 pm

SPR

Spirit AeroSystems Holdings, Inc. (SPR) has announced its direct support for the National Transportation Safety Board's (NTSB) investigation. The nature of the investigation or its implications for Spirit AeroSystems were not detailed in the announcement.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 4:13 pm

PSHZF

Bill Ackman has raised objections to a Business Insider article accusing his wife, Neri Oxman, of academic plagiarism, prompting parent company Axel Springer to review the editorial process behind the article. This marks a departure from Axel Springer's typically hands-off approach to editorial control since acquiring Business Insider. The situation has caused tension within BI's newsroom and with its union, as Axel Springer is a German media group looking to expand in the U.S. Ackman suggested the article may be retaliatory for his criticism of Harvard University and questioned BI's motives, leading to Axel Springer's top executives' concern over the company's principles.

Portfolio Pulse from Vandana Singh

January 10, 2024 | 2:36 pm

TYGO

Tigo Energy has been granted U.S. Patent No. 11,855,578, which focuses on increasing solar safety through automated shutdown, disconnect, and power reduction methods for solar modules. This patent underscores Tigo's dedication to innovation and the enhancement of solar performance and safety, particularly for firefighters and service personnel.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 2:11 pm

AAPL

HPE

MSTR

Cryptocurrencies Bitcoin, Ethereum, and Dogecoin experienced a dip following a false report about a Bitcoin ETF approval, leading to $200M in liquidations. MicroStrategy's Bitcoin paper gains are projected to reach $840M by 2024. Dogecoin faced liquidations amid rumors of its mascot's death. Apple removed Binance and others from the Indian App Store after a government crackdown. SEC Chair Gensler's Twitter account was compromised, and the incident was immortalized on Bitcoin. Robert Kiyosaki predicts Bitcoin will reach $150K soon. Elon Musk mocks the SEC with a Dogecoin meme. Peter Schiff advises selling Bitcoin after the fake news pump. In other news, Hewlett Packard Enterprise acquired Juniper Networks for $14B, and various companies and political figures made headlines.

Portfolio Pulse from Akanksha Bakshi

January 10, 2024 | 1:59 pm

DCGO

Fuzzy Panda Research has published a report alleging that DocGo (DCGO) is involved in Medicare fraud, based on allegations from employees. The report has led Fuzzy Panda Research to take a short position in DocGo's stock.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 1:42 pm

MASI

Masimo Corporation has revised its FY24 adjusted EPS guidance upwards to $3.44-$3.60 from the previous range of $3.00-$3.15, surpassing the consensus estimate of $3.08. The company has updated its non-GAAP financial measures to exclude all litigation expenses against Apple, expanding the exclusion beyond just the U.S. International Trade Commission litigation costs. Masimo believes these expenses are unique and not reflective of ongoing operations, and has provided reconciliations for investors.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 1:13 pm