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CHH

WH

Choice Hotels International, Inc. (CHH) has released an investor presentation and infographic to counter Wyndham Hotels & Resorts, Inc.'s (WH) antitrust claims regarding Choice's acquisition proposal. The presentation, filed with the SEC, aims to correct misinformation about the antitrust risks and competitive landscape presented by Wyndham. Choice remains confident in finalizing the acquisition within a year, believing it to be pro-competitive and beneficial for stakeholders.

Portfolio Pulse from Charles Gross

January 10, 2024 | 12:57 pm

TLRY

Tilray, Inc. has entered into an Assignment and Assumption Agreement with Double Diamond Holdings on January 9, as disclosed in their 8-K filing.

Portfolio Pulse from Charles Gross

January 10, 2024 | 11:20 am

META

Meta Platforms Inc. CEO Mark Zuckerberg has embarked on a personal project raising cattle fed on macadamia nuts and beer at his $100M ranch in Hawaii. He aims to produce high-quality beef with the help of his daughters. While some Instagram users praised the initiative, others criticized it for being wasteful and environmentally harmful. Zuckerberg's ranch has previously been controversial among locals due to land acquisition lawsuits and its secretive nature.

Portfolio Pulse from Rounak Jain

January 10, 2024 | 10:43 am

GRFS

Grifols announces intent to take legal action against Gotham City Research for causing significant financial and reputational damage to the company and its stakeholders, as well as concern to its patients and donors.

Portfolio Pulse from Charles Gross

January 10, 2024 | 10:11 am

META

SNAP

A federal judge has temporarily blocked an Ohio law requiring parental consent for minors to use social media apps. The law, set to be enforced on Jan. 15, faced opposition from NetChoice, representing companies like TikTok, Snap Inc. (SNAP), and Meta Platforms Inc. (META). The judge cited free speech concerns and the law's broad scope. NetChoice has previously won against similar laws in other states. The law was part of an effort to protect children's mental health.

Portfolio Pulse from Ananya Gairola

January 10, 2024 | 8:59 am

AAPL

Apple Inc has removed several global cryptocurrency exchanges, including Binance, Kucoin, and OKX, from its App Store in India. This action follows a warning from India's finance ministry for non-compliance with anti-money laundering regulations. The exchanges are accused of unlawful operations due to non-adherence to local tax laws. While these apps are still available on Google's Play Store and their websites remain accessible in India, Apple's move reflects compliance with the government's crackdown on digital asset service providers.

Portfolio Pulse from Arpit Nayak

January 10, 2024 | 7:38 am

META

A Meta Platforms Inc. (NASDAQ:META) employee claims she's under investigation after complaining about censorship of pro-Palestinian content. She alleges that a letter she co-authored, which gained support from 450 colleagues, was removed from Meta's internal forum and her system access was revoked. Meta's spokesperson emphasized the company's non-political workplace policy and commitment to a respectful and inclusive environment. This incident adds to the scrutiny Meta faces over content moderation and allegations of bias in handling Palestinian content.

Portfolio Pulse from Ananya Gairola

January 10, 2024 | 3:12 am

AEHR

COIN

GBTC

TGTX

TSLA

U.S. stock indices ended mixed on Tuesday, with the Dow Jones and S&P 500 down, while the Nasdaq slightly up. Grayscale Bitcoin Trust (GBTC) remained stable amid Bitcoin volatility. Coinbase (COIN) shares fell after a price target increase and French regulatory approval. TG Therapeutics (TGTX) declined despite a new agreement to expand its autoimmune portfolio. Aehr Test Systems (AEHR) rose despite expecting revenue delays. Tesla (TSLA) shares dropped as CEO Elon Musk addressed allegations regarding a former director's departure.

Portfolio Pulse from Benzinga Neuro

January 10, 2024 | 2:45 am

BA

Boeing CEO David Calhoun has committed to acknowledging the company's mistake and ensuring complete transparency as investigations into a recent incident involving a Boeing 737 Max 9 continue. The FAA has grounded all 737 Max 9 jets, and airlines like Alaska Airlines and United Airlines have found loose parts in their Boeing fleets. Boeing shares closed down 1.41% at $225.76 and have dropped over 10% in the past week.

Portfolio Pulse from Erica Kollmann

January 09, 2024 | 10:54 pm

ALK

BA

Boeing's CEO addressed staff about the importance of ensuring customers trust the safety of their airplanes, particularly in light of the recent Alaska Air accident that significantly impacted customer confidence.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 9:46 pm