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The Boeing 737 Max is facing renewed public scrutiny and trust issues, as passengers, including a former Boeing employee and a marketing professional, are choosing to boycott the aircraft due to safety concerns. This follows a reputation-damaging incident with Alaska Airlines and concerns raised by a Netflix documentary about Boeing's working environment. Despite these issues, Boeing continues to secure significant contracts, indicating continued trust from major industry players.

Portfolio Pulse from Benzinga Neuro

March 06, 2024 | 2:26 pm

BTCUSD

ETHUSD

SPY

Cryptocurrencies including Bitcoin, Ethereum, and Dogecoin face a downturn with $1.15B in potential liquidations. Veteran traders predict a surprise rally for Bitcoin, while Shiba Inu's developer disputes a misquote. Dogecoin's support from Elon Musk keeps it in the spotlight. Ethereum's co-founder sells $100K of ETH amid a dip. US markets show mixed signals with the Fear & Greed Index entering 'Greed' zone and Dow dropping. Nikki Haley's withdrawal from the 2024 Presidential race could favor Trump. US and global politics, economy updates, and tech and EV sector movements, including Tesla's strategies and Rivian's efficiency improvements, are highlighted.

Portfolio Pulse from Akanksha Bakshi

March 06, 2024 | 2:17 pm

AAPD

AAPL

AAPU

BRK

Apple Inc's stock has declined by 11% this year, hitting a 4-month low, amid various challenges including a significant drop in iPhone sales in China, a $2 billion EU antitrust fine, the closure of its electric car program, and lagging in the AI boom. Berkshire Hathaway, holding nearly 1 billion shares of Apple, may consider selling its stake, potentially impacting the stock further. Direxion offers inverse ETFs for traders to bet against Apple's stock.

Portfolio Pulse from Johnny Rice

March 06, 2024 | 2:13 pm

AISP

CRWD

EVC

MRAI

CrowdStrike Holdings, Inc. (CRWD) shares surged 24.4% in pre-market trading after reporting better-than-expected Q4 earnings and revenues, and issuing upbeat FY25 guidance. Other stocks also moved significantly in pre-market trading, with notable gainers including NKGen Biotech, Inc. (NKGN), Marpai, Inc. (MRAI), and Airship AI Holdings, Inc. (AISP). Losers included Entravision Communications Corporation (EVC) and Heart Test Laboratories, Inc. (HSCS).

Portfolio Pulse from Avi Kapoor

March 06, 2024 | 1:14 pm

GOOGL

Google (NASDAQ:GOOGL) has made significant changes to comply with the European Union's Digital Markets Act (DMA), which aims to increase competition among tech giants by imposing specific obligations. These changes include a new search page layout for European users, removal of Google Flights data from search results, and providing new browser and search choice screens for Android users in the European Economic Area. This comes after Google and Microsoft decided not to contest the new EU regulation and follows a series of regulatory challenges Google faced in the EU.

Portfolio Pulse from Benzinga Neuro

March 06, 2024 | 1:07 pm

Estee Lauder's stock price is trading lower due to a report indicating that its acne cream products have high levels of carcinogens.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 12:56 pm

AAPL

META

MSFT

SPOT

Apple Inc. has released the iOS 17.4 update, introducing significant changes for EU users, including alternative app stores, a new fee structure, a default browser selection screen, alternative payment options in apps, and improvements to Siri and stolen device protection. This follows a record EU antitrust fine of $1.95 billion against Apple for its practices against Spotify and other music streaming services. Meta and Microsoft had previously criticized Apple's alternative app store proposal.

Portfolio Pulse from Rounak Jain

March 06, 2024 | 12:37 pm

SHIBUSD

Shytoshi Kusama, Shiba Inu's lead developer, criticized U.Today for misquoting him regarding SHIB's market cap reaching $100 billion. Kusama clarified his stance on X, emphasizing his quote was misrepresented. Despite a recent 13.3% dip, SHIB's market cap surged by 90% to $26.71 billion, surpassing several tech giants. The cryptocurrency's active accounts and whale transactions have increased, with a majority of SHIB holders seeing profits.

Portfolio Pulse from Benzinga Neuro

March 06, 2024 | 11:28 am

TGT

Bloomberg reported that a chemical linked to cancer has been found in several acne creams, including brands like Proactiv, Clearasil, and products from Target Corp.'s Up & Up and Clinique. This discovery could potentially impact the reputation and sales of these brands.

Portfolio Pulse from Charles Gross

March 06, 2024 | 11:21 am

MSFT

Elon Musk continues his criticism of OpenAI, urging the company to change its name due to its refusal to open-source its AI technology. This follows OpenAI's official response to Musk's lawsuit, which accuses the company and its CEO of prioritizing profits over open-source principles, specifically pointing to Microsoft Corp. (NASDAQ:MSFT) as a major investor benefiting from this strategy. Musk, who has founded his own AI startup, xAI, emphasizes the importance of adhering to OpenAI's founding open-source principles.

Portfolio Pulse from Rounak Jain

March 06, 2024 | 9:19 am