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Regulatory

BA

Boeing is investigating a quality issue on undelivered 787 jets involving incorrect fastener installation, affecting over 900 fasteners per plane. Boeing confirms safety checks and states that the in-service fleet remains operational. The company is working closely with the FAA, and deliveries continue, with the latest on Tuesday.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 1:55 pm

SPOT

Music publishers have filed a complaint with the FTC against Spotify, accusing the company of fraudulent business practices. This could lead to regulatory scrutiny and potential legal challenges for Spotify.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 1:42 pm

GOOG

GOOGL

Google Waymo, a subsidiary of Alphabet Inc., is recalling 672 self-driving vehicles after one collided with a pole in Phoenix. The issue was identified and fixed with a software update. The recall follows a probe by the NHTSA into Waymo's driving behaviors.

Portfolio Pulse from Anan Ashraf

June 13, 2024 | 1:36 pm

GME

MSFT

Microsoft President Brad Smith will testify before a U.S. House panel regarding security lapses after major cyberattacks by Russian and Chinese hackers. The Cyber Safety Review Board criticized Microsoft for not being transparent about a preventable Chinese hack. Lawmakers will review Microsoft's security strategies and responses.

Portfolio Pulse from Anusuya Lahiri

June 13, 2024 | 1:35 pm

BBAR

BMA

DESP

GGAL

MELI

PAM

SUPV

YPF

Shares of US-listed Argentina stocks are trading higher after Argentina's Senate passed the Bases law.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 1:24 pm

REVB

Revelation Biosciences has completed enrollment and dosing in its first human Phase 1 study of Gemini. The top-line data will include safety, tolerability, and biomarkers, supporting future development across multiple indications.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 1:22 pm

AEZS

Aeterna Zentaris has completed its Phase 3 DETECT-Trial for Macimorelin, aimed at diagnosing childhood onset growth hormone deficiency. Top-line data and full study results are expected in Q3 2024.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 1:20 pm

APDN

The New York State Department of Health has approved Applied DNA Sciences for its TR8 Pharmacogenomic Testing Service, which is expected to enhance the company's service offerings in the healthcare sector.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 1:04 pm

BYDDF

BYDDY

LI

NIO

XPEV

A Bain & Co. partner has warned that the ongoing price wars among Chinese EV manufacturers in overseas markets could jeopardize product quality and brand reputation. The European Union's decision to impose additional tariffs on Chinese-made EVs could further challenge companies like BYD, Nio, Li Auto, and XPeng.

Portfolio Pulse from Benzinga Neuro

June 13, 2024 | 12:55 pm

NAAS

Trading halt status for NAAS was updated at 8:55:00 AM ET. The halt was due to pending news and the resumption times will be announced.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 12:55 pm