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DOGEUSD

TWTR

Elon Musk's new biography reveals his skepticism about using blockchain technology for Twitter, despite his interest in cryptocurrencies like Dogecoin. The book also discusses Sam Bankman-Fried, former CEO of FTX, and his enthusiasm for incorporating blockchain into Twitter. Musk's primary banker at Morgan Stanley, Michael Grimes, tried to facilitate a meeting between Musk and Bankman-Fried, who was willing to contribute $5 billion to the potential acquisition of Twitter.

Portfolio Pulse from Mehab Qureshi

September 12, 2023 | 9:39 am

AAPL

F

Ford Motor Co's CEO, Jim Farley, has teased the unveiling of the new 2024 F-150 vehicle, coinciding with the launch of Apple's latest iPhone. The F-150, part of Ford's F series, is a significant contributor to Ford's popularity in the American market, with sales surpassing 640,000 units in 2022. The unveiling will be streamed live on YouTube.

Portfolio Pulse from Anan Ashraf

September 12, 2023 | 9:08 am

VGK

The Eurozone ZEW Economic Sentiment for September has been reported at -8.9, which is worse than the estimated -6.2 and the prior figure of -5.5.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 9:03 am

EWG

Germany's ZEW Current Conditions for September came in at -79.4%, worse than the estimated -75 and the prior -71.3.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 9:02 am

SGHT

Piper Sandler analyst Matt O'Brien has downgraded Sight Sciences (NASDAQ:SGHT) from Overweight to Neutral and lowered the price target from $15 to $5.5.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 8:30 am

BA

SMBC Aviation Capital has placed an order for 25 Boeing 737 MAX jets. This increases SMBC's backlog to 81 737 MAX jets, with a focus on the market-leading 737-8.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 8:17 am

BBY

QCOM

Samsung's Galaxy Tab S9 is now available at Best Buy Co Inc. (NYSE:BBY) with savings of up to $770, less than a month after its launch. The tablet is available for $799.99 after a flat discount of $120, with an additional $650 discount available through trade-in options. The Galaxy Tab S9 is powered by Qualcomm Inc.'s (NASDAQ:QCOM) Snapdragon 8 Gen 2 chipset.

Portfolio Pulse from Rounak Jain

September 12, 2023 | 7:31 am

AMD

ARKG

ARKQ

NVDA

Ark Invest, led by Cathie Wood, has increased its stake in Advanced Micro Devices (AMD) while continuing to divest from Nvidia (NVDA). Ark purchased 14,978 shares of AMD, valued at $1.58 million, through its Ark Autonomous Technology and Robotics ETF (ARKQ). Meanwhile, Ark's Ark Genomic Revolution ETF (ARKG) sold 21,014 Nvidia shares worth $9.79 million last week. Ark has been selling Nvidia shares since October 2022 due to the company's high valuation and the attractiveness of other smaller AI plays.

Portfolio Pulse from Shanthi Rexaline

September 12, 2023 | 7:28 am

BA

Boeing Co's CEO, David Calhoun, has not returned to a traditional office setting, instead working from his two homes. This comes as other corporate leaders are urging employees to return to the office. Boeing's CFO, Brian West, also works from home. Despite Boeing's stock losing over 35% since Calhoun became CEO, the company managed to generate free cash flow last year and has targeted a free cash flow of $3-$5 billion this year.

Portfolio Pulse from Ramakrishnan M

September 12, 2023 | 7:27 am

SMFKY

WEST

Smurfit Kappa and WestRock Coffee have announced a merger, creating a paper and packaging giant valued at nearly $20B. WestRock shareholders will receive one new Smurfit WestRock share and $5.00 in cash, equivalent to $43.51 a share.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 7:24 am