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Regulatory

GOOGL

Elon Musk expressed disbelief over YouTube's decision to restrict access to certain health and fitness videos for teens, a move by Alphabet Inc.'s platform to protect teens from negative self-perceptions. This decision aligns with growing concerns about social media's impact on teen mental health.

Portfolio Pulse from Ananya Gairola

September 09, 2024 | 5:32 am

BTCUSD

Donald Trump's upcoming cryptocurrency project, World Liberty Financial, raises concerns about potential conflicts of interest if he is re-elected as U.S. President. The project, which promotes DeFi and stablecoins, could lead to favorable regulations for Trump's interests, drawing criticism even from his allies.

Portfolio Pulse from Aniket Verma

September 09, 2024 | 3:18 am

ANCTF

SVNDY

Alimentation Couche-Tard is pursuing talks with Seven & i Holdings after its $38.5 billion acquisition bid was rejected. The Canadian company is willing to make divestitures to address antitrust concerns and is confident in securing financing for the deal.

Portfolio Pulse from Benzinga Neuro

September 09, 2024 | 2:38 am

TSLA

Donald Trump plans to appoint Elon Musk to lead a new government efficiency commission if he wins the election. This move raises questions due to recent controversies surrounding Musk's companies, including Tesla's recalls and discrimination lawsuits.

Portfolio Pulse from Bibhu Pattnaik

September 07, 2024 | 7:38 pm

AAPL

AMZN

GOOGL

NVDA

QQQ

SOXX

SPY

TSLA

The S&P 500, tracked by SPY, saw its largest weekly decline in 18 months due to a weaker labor market report. Tech stocks, tracked by QQQ, and the semiconductor sector, tracked by SOXX, experienced significant drops. Nvidia aims to expand beyond AI chips, Amazon's strong position in e-commerce and AWS is highlighted, and potential financial impacts on Alphabet due to a DOJ trial are discussed. Apple's iPhone 16 launch may initially disappoint, and Tesla's FSD timeline is criticized.

Portfolio Pulse from Michael Cohen

September 07, 2024 | 12:02 pm

GOOG

GOOGL

The U.S. DOJ is investigating Google's AI strategy to address its dominance in the search market. A federal court ruled Google as an illegal monopolist, and the trial is now in the remedies phase. The DOJ seeks more information on Google's business, especially regarding AI developments.

Portfolio Pulse from Ananya Gairola

September 07, 2024 | 6:46 am

Boeing's Starliner returned to Earth without crew after a test flight with technical issues. NASA extended the stay of astronauts Wilmore and Williams on the ISS due to thruster problems, opting for a SpaceX return in 2025. The situation highlights ongoing challenges for Boeing's space endeavors.

Portfolio Pulse from Rounak Jain

September 07, 2024 | 5:41 am

HITI

TCNNF

The first legal recreational cannabis store in North Carolina is opening, while D.C. faces challenges with unlicensed cannabis shops. Trulieve Cannabis Corp. expands its retail footprint in Florida and Arizona, and High Tide Inc. opens a new store in Canada.

Portfolio Pulse from Jelena Martinovic

September 06, 2024 | 9:40 pm

SPY

USO

VGK

The White House has commented on a report that Iran has sent short-range ballistic missiles to Russia, stating that such a transfer would represent a significant escalation in Iranian support for Russia.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 8:21 pm

RMNI

Rimini Street received a letter from Nasdaq on September 5, indicating that the company no longer complies with Nasdaq's audit committee requirements, as per an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 8:11 pm