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SPOT

Spotify's CEO Daniel Ek criticizes Apple's 'Alternative App Store' fee proposal, claiming it undermines the European Union's Digital Markets Act and could increase Spotify's customer acquisition costs significantly. Ek accuses Apple of disrespecting the DMA's principles and urges the European Commission to enforce the DMA. Apple's proposed fee could also affect other developers like Meta Platforms, potentially costing them millions.

Portfolio Pulse from Rounak Jain

January 27, 2024 | 3:42 am

TSLA

Tesla Inc's executive Martin Viecha confirmed the future release of a refreshed Model 3 Performance variant. The new variant was hinted at in a response to TV presenter James May, who recently purchased a new Model 3. Tesla had unveiled a refreshed Model 3 earlier in the U.S. and China, but the Performance variant was not listed among the available options.

Portfolio Pulse from Anan Ashraf

January 27, 2024 | 2:03 am

UAL

Aviation expert Mike Boyd warns that the Boeing Co (NYSE:BA) 737 Max 9 incident, involving a door blowout on an Alaska Airlines flight, could significantly impact the U.S. economy. The grounding of the Max 9 fleet and potential delays in 737 aircraft orders may disrupt travel and air freight, affecting airlines like United Airlines (NASDAQ:UAL). Boeing's handling of the situation has been criticized, and the FAA has halted Boeing's 737 Max production expansion due to quality control issues.

Portfolio Pulse from Benzinga Neuro

January 27, 2024 | 1:45 am

MMAT

Trading on the stock of Meta Materials Inc. (MMAT) has been halted as of 7:50:00 p.m. ET due to pending news. The halt is in place to manage market orderliness and investor protection pending the release of material information.

Portfolio Pulse from Benzinga Newsdesk

January 27, 2024 | 12:50 am

INBS

Trading for INBS has been halted at 7:50:00 p.m. ET due to pending news. The halt is in place to manage market orderliness and investor protection pending the release of material information.

Portfolio Pulse from Benzinga Newsdesk

January 27, 2024 | 12:50 am

DKNG

PARA

PARAA

The relationship between Taylor Swift and Kansas City Chiefs tight end Travis Kelce has been a highlight of the NFL season, potentially boosting viewership. Kelce's performance improves when Swift attends games, with the Chiefs holding an 8-3 record in such games. Kelce's stats are notably better in Swift-attended games, including his only two 100-yard games of the season. With the Chiefs set to play the Baltimore Ravens, betting odds at DraftKings favor Kelce for receptions, receiving yards, and touchdowns, with potential high payouts for bettors.

Portfolio Pulse from Chris Katje

January 26, 2024 | 9:42 pm

BTCUSD

Bitcoin (BTC) surged over 5.6% to cross the $42,000 mark, with technical analysts predicting further gains. Liquidations in the past 24 hours reached $43.35 million, with a put-to-call ratio indicating bullish sentiment. Analyst Ali Martinez noted a buy signal and a potential rise to $43,000, while Michaël van de Poppe suggested the crypto market cap could reach $2 trillion. However, some analysts, like CryptoCon and Altcoin Sherpa, remain cautious, suggesting a possible decline to the low $30,000s or further downside in the mid-term.

Portfolio Pulse from Khyathi Dalal

January 26, 2024 | 9:35 pm

AFIB

APM

AQB

PALI

In Friday's after-market session, several healthcare stocks experienced significant movements. Palisade Bio (PALI) saw a 66% increase, while Aptorum Gr (APM) rose by 18.88%. NovaBay Pharmaceuticals (NBY), MyMD Pharmaceuticals (MYMD), NuCana (NCNA), and Asensus Surgical (ASXC) also posted gains. Conversely, Acutus Medical (AFIB), Aclarion (ACON), Inspire Veterinary (IVP), HeartBeam (BEAT), Panbela Therapeutics (PBLA), and AquaBounty Techs (AQB) experienced declines.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 9:31 pm

BHIL

BRSH

CJJD

HNST

MGRX

MSS

OTLY

REBN

SHOT

SISI

WBUY

XXII

In Friday's after-market session, several consumer staples stocks experienced significant movements. Reborn Coffee (REBN) led the gainers with a 22.3% increase, while Bruush Oral Care (BRSH) headed the losers with a 7.7% decline. Other notable movers included 22nd Century Group (XXII), Maison Solutions (MSS), Webuy Global (WBUY), Benson Hill (BHIL), Mangoceuticals (MGRX), Shineco (SISI), Safety Shot (SHOT), Honest Co (HNST), China Jo-Jo Drugstores (CJJD), and Oatly Group (OTLY). Market capitalizations varied, with Oatly Group having the largest at $658.4 million.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 9:31 pm

AULT

AZUL

GETR

HYLN

MESA

MRT

SCWO

SGLY

SRFM

SWVL

In Friday's after-market session, several industrial stocks experienced movement. Swvl Holdings (SWVL) saw a 4.8% increase, while Surf Air Mobility (SRFM) rose by 4.54%. Mesa Air Group (MESA) and Hyliion Holdings (HYLN) also gained, with increases of 4.05% and 3.69% respectively. Babcock & Wilcox (BW) and Singularity Future Tech (SGLY) shares went up by 3.62% and 3.14%. Conversely, Getaround (GETR) dropped by 3.6%, Ault Alliance (AULT) by 3.21%, Richtech Robotics (RR) by 2.89%, 374Water (SCWO) by 2.44%, Marti Technologies (MRT) by 2.12%, and Azul (AZUL) by 1.96%.

Portfolio Pulse from Benzinga Insights

January 26, 2024 | 9:31 pm