The Market In 5 Minutes

IN THE NEWS

BENZINGA

Neurotrope Inc NTRP investors are hoping that the company’s move from the OTC market to the Nasdaq this week is a sign Neurotrope can beat the odds when it comes to treating Alzheimer’s as well: Link

Portable defibrillators seem so commonplace these days that people in danger of heart failure can buy one online for about $1,200. But the two-decade movement to make the life-saving devices as handy as fire extinguishers is all but flatlining: Link

A notable language change in Splunk Inc SPLK’s Wednesday night 10-K filing alerted investors to possible activist involvement in company operations: Link

THE WALL STREET JOURNAL

Mike Flynn, President Donald Trump’s former national security adviser, has told the Federal Bureau of Investigation and congressional officials investigating the Trump campaign’s potential ties to Russia that he is willing to be interviewed in exchange for a grant of immunity from prosecution, according to officials with knowledge of the matter: Link

Elon Musk’s SpaceX successfully launched a reused booster on a demanding commercial mission Thursday, setting course for what management predicts will be routine flights of refurbished rockets as well as spacecraft: Link

REUTERS

Swiss-based trading and mining giant Glencore is selling a bundle of its global oil storage stakes, sources told Reuters, following similar moves by rivals as a boom period for storage shows signs of nearing to an end: Link

The U.S. judge overseeing a blockbuster case over self-driving car technology suggested Uber could face an injunction if a key Uber executive does not testify for fear of exposing himself to criminal prosecution, according to a transcript seen by Reuters: Link

BLOOMBERG

An advertiser boycott of YouTube is testing a critical and much-hyped part of Alphabet Inc GOOGL's future: its prowess in artificial intelligence: Link

From traders to bankers and money managers, just about everyone in finance is embracing encrypted messaging apps as an easy, and virtually untraceable, way to circumvent compliance, get around the HR police and keep bosses in the dark: Link

NY POST

Music streaming is starting to look like real money: Link

ECONOMIC DATA

  • USA Personal Income (MoM) for Feb 0.40% vs 0.40% Est; USA Personal Spending (MoM) for Feb 0.10% vs 0.20% Est
  • The Chicago PMI for Match is schedule for release at 9:45 a.m. ET.
  • The University of Michigan's consumer sentiment index for March will be released at 10:00 a.m. ET.
  • Minneapolis Federal Reserve Bank President Neel Kashkari is set to speak in Minneapolis, Minn. at 10:00 a.m. ET.
  • St. Louis Federal Reserve Bank President James Bullard will speak in New York at 10:30 a.m. ET.
  • The Baker Hughes North American rig count report for the recent week will be released at 1:00 p.m. ET.

ANALYST RATINGS

  • Wedbush upgraded Owens-Corning OC from Neutral to Outperform
  • BTIG Research upgraded HubSpot HUBS from Neutral to Buy
  • BMO Capital upgraded Alcoa AA from Market Perform to Outperform
  • Citigroup downgraded Corning GLW from Buy to Neutral
  • Goldman Sachs downgraded Diageo DEO from Neutral to Sell
  • Imperial Capital downgraded Verint Systems VRNT from Outperform to In-Line

This is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here or email minutes@benzinga.com.

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