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Legal

GOOG

GOOGL

A judge has requested the Department of Justice to submit a proposal by the end of the year in the ongoing Google antitrust case. A decision is expected by August 2025.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 7:26 pm

AGX

BLMZ

BRZE

GCO

PL

WHLR

U.S. stocks fell with the Dow Jones down over 400 points. Argan, Inc. shares rose 25% after strong Q2 results. BloomZ Inc. and Wheeler Real Estate Investment Trust saw significant share price increases due to business agreements and legal victories, respectively. Braze, Inc., Planet Labs PBC, and Genesco Inc. experienced declines following disappointing financial results.

Portfolio Pulse from Avi Kapoor

September 06, 2024 | 6:39 pm

JPM

JPMorgan Chase is investigating a TikTok-driven check fraud scheme and plans to report the involved customers to authorities. The scheme involved depositing bad checks and withdrawing funds immediately.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 6:29 pm

AAWH

CYBN

The cannabis and psychedelics industries are experiencing significant leadership changes. Maryland's Cannabis Chief, Will Tilburg, is resigning after overseeing a successful transition to adult-use cannabis with $1.1 billion in sales. In Massachusetts, a legal battle involving the Cannabis Control Commission continues. Companies like 1933 Industries, Cybin Inc., and Ascend Wellness Holdings are undergoing board and executive changes.

Portfolio Pulse from Jelena Martinovic

September 06, 2024 | 6:23 pm

DJT

The sentencing for former President Donald Trump's hush money trial has been postponed until after the 2024 presidential election to avoid any appearance of influencing the election. Trump was found guilty on 34 counts of falsifying business records. The delay allows more time to consider dismissing the case due to a Supreme Court ruling on presidential immunity. Trump Media & Technology Group (NASDAQ:DJT) shares are down 2.01% amid the news.

Portfolio Pulse from Chris Katje

September 06, 2024 | 6:15 pm

DJT

SPY

The Trump campaign, through spokesman Steven Cheung, has criticized the Manhattan District Attorney's actions as a 'witch hunt' and argues against any sentencing. This statement reflects ongoing legal and political tensions surrounding former President Donald Trump.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 5:22 pm

AAP

AZO

GPC

ORLY

SPY

Lawmakers have requested CEOs of six auto parts firms to clarify if they purchased products from a Chinese company potentially evading U.S. tariffs.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 5:04 pm

MS

Morgan Stanley shares are down following a $2 million fine by the Massachusetts Securities Regulator related to First Republic's insider stock sales.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 4:33 pm

EQIX

NVAX

ORCL

TNON

WHLR

Benzinga's Stock Whisper Index highlights five stocks that are gaining investor interest: Oracle Corporation, Novavax Inc, Wheeler Real Estate Investment Trust, Equinix Inc, and Tenon Medical Inc. Oracle is expected to report strong earnings, Novavax received FDA authorization for its COVID-19 vaccine, Wheeler saw a lawsuit dismissal, Equinix issued green bonds, and Tenon announced a reverse stock split.

Portfolio Pulse from Chris Katje

September 06, 2024 | 4:08 pm