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HMC

The National Highway Traffic Safety Administration (NHTSA) is investigating a fatal crash involving a Ford Motor Company's Mustang Mach-E in San Antonio, Texas, due to suspicions that an advanced driver assistance system was active. The crash, which occurred on February 24, also involved a stationary Honda Motor Co Ltd CR-V. This marks NHTSA's first special crash investigation into a Ford advanced system, while the NTSB has also initiated a separate inquiry focusing on the interaction between vehicle operators and advanced driver assistance systems.

Portfolio Pulse from Shivani Kumaresan

March 19, 2024 | 10:52 am

MSFT

TSLA

OpenAI CEO Sam Altman discussed the lawsuit filed by Elon Musk, highlighting the evolution of OpenAI from a research lab to a commercial entity and Musk's motivations. Altman addressed Musk's proposal for Tesla to acquire OpenAI and the importance of open-source technology. Musk accuses OpenAI of deviating from its mission and benefiting Microsoft, while OpenAI refutes Musk's claims about a founding agreement and source code disclosure.

Portfolio Pulse from Ananya Gairola

March 19, 2024 | 9:33 am

TSLA

Elon Musk criticized the Biden administration for its alleged inaction against organized foreign gangs responsible for a surge in home burglaries in Los Angeles and Arizona. Musk, CEO of Tesla and SpaceX, expressed his concerns on X, highlighting the formation of a special task force by the LAPD to combat these crimes. He has been vocal about the U.S. government's immigration policies and their impact on national security, adding to his ongoing commentary on the potential risks associated with current policies.

Portfolio Pulse from Benzinga Neuro

March 19, 2024 | 9:32 am

DOGEUSD

SHIBUSD

SOL

Andrew Tate, a controversial figure, shared his success in the DeFi market, claiming to have made $85M during the last bull run with a focus on innovative blockchain coins over meme coins. He highlighted the rise and fall of meme coins like Dogecoin, Shiba Inu, and Solana-based tokens, noting the significant impact on Solana's value. Despite his financial success, Tate criticized the societal value of cryptocurrencies and distanced himself from launching his own. Amidst this, he faces legal issues, with Romanian authorities seizing assets including 21 Bitcoins.

Portfolio Pulse from Mehab Qureshi

March 19, 2024 | 8:15 am

EGRNQ

China's Evergrande Group (OTC:EGRNQ) faces a $78 billion fraud accusation, with its founder Hui Ka Yan in legal peril. The company's onshore unit, Hengda, was fined $581 million by the China Securities Regulatory Commission for inflating revenue leading up to its 2020 default. This situation highlights the severity of China's real estate crisis and its impact on the economy, amid broader economic challenges and recent industrial growth.

Portfolio Pulse from Benzinga Neuro

March 19, 2024 | 6:58 am

BTCUSD

Changpeng Zhao, former head of Binance, announced his new venture, Giggle Academy, a free educational platform for kids with no revenue model, using gamification and NFTs for engagement. Despite his legal challenges, including a $50 million fine and potential prison time for inadequate anti-money laundering measures at Binance, Zhao is focusing on creating a positive impact through education. Bitcoin's price is currently $65,824, down 4%.

Portfolio Pulse from Mehab Qureshi

March 19, 2024 | 6:53 am

TSLA

Mark Cuban questioned Donald Trump's claims about a 'bloodbath' in the U.S. auto industry, pointing out discrepancies and highlighting potential benefits for Tesla due to the Biden administration's consideration of tariffs on EVs made in China. Trump's comments, which included a call for a 100% tariff on foreign-made cars, have sparked controversy and received mixed reactions from political figures and industry leaders.

Portfolio Pulse from Benzinga Neuro

March 19, 2024 | 6:16 am

DWAC

MU

NVDA

STNE

TSLA

Major U.S. indices ended higher with the Dow Jones, S&P 500, and Nasdaq all seeing gains. Digital World Acquisition Corp (DWAC) dropped 8.74% amid Trump's bond issues. Nvidia (NVDA) rose 0.70% due to its AI conference. Micron Technology (MU) increased 0.57% after analyst upgrades. StoneCo (STNE) fell 0.98% following its earnings report. Tesla (TSLA) surged 6.31% after announcing price increases for the Model Y.

Portfolio Pulse from Benzinga Neuro

March 19, 2024 | 3:36 am

GOOG

GOOGL

Elon Musk criticized Alphabet Inc. (GOOG, GOOGL) for alleged bias in Google's email filtering and news curation, suggesting it disproportionately affects Republican fundraising and election outcomes. Citing studies and reports, Musk highlighted Google's spam filtering of GOP emails and its news curation favoring left-leaning sources. Musk's comments amplify concerns about Google's political bias and its potential impact on elections.

Portfolio Pulse from Ananya Gairola

March 19, 2024 | 3:31 am

PLNH

Planet 13 Holdings (OTC:PLNH), a cannabis company, faces a 55% lag behind peers this quarter due to an ill-timed equity offering and embezzlement issues. Despite this, it trades at a 35% discount with strong growth prospects, especially in Florida. The company has filed a $16.5 million lawsuit against Casa Verde Capital and El Capitan Advisors for alleged fraud. Financially, PLNH saw a decrease in sales but improved EBITDA margins and ended CY23 with $17.3M in cash, expecting $33M post-VidaCann deal. Strategic moves include the VidaCann acquisition and expansion in Florida and Nevada.

Portfolio Pulse from Nicolás Jose Rodriguez

March 19, 2024 | 2:10 am