Streetbeat News

Legal

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The Trump campaign, through spokesman Steven Cheung, has criticized the Manhattan District Attorney's actions as a 'witch hunt' and argues against any sentencing. This statement reflects ongoing legal and political tensions surrounding former President Donald Trump.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 5:22 pm

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Lawmakers have requested CEOs of six auto parts firms to clarify if they purchased products from a Chinese company potentially evading U.S. tariffs.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 5:04 pm

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Morgan Stanley shares are down following a $2 million fine by the Massachusetts Securities Regulator related to First Republic's insider stock sales.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 4:33 pm

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Benzinga's Stock Whisper Index highlights five stocks that are gaining investor interest: Oracle Corporation, Novavax Inc, Wheeler Real Estate Investment Trust, Equinix Inc, and Tenon Medical Inc. Oracle is expected to report strong earnings, Novavax received FDA authorization for its COVID-19 vaccine, Wheeler saw a lawsuit dismissal, Equinix issued green bonds, and Tenon announced a reverse stock split.

Portfolio Pulse from Chris Katje

September 06, 2024 | 4:08 pm

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Ripple's co-founder Chris Larsen endorses Kamala Harris for president amidst ongoing crypto regulatory debates. Ripple recently won a legal victory against the SEC regarding XRP sales, impacting the crypto industry's regulatory landscape. Ripple is also seeking to delay a $125 million penalty payment in its ongoing legal battle with the SEC.

Portfolio Pulse from Murtuza Merchant

September 06, 2024 | 3:44 pm

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The SEC has filed charges against Esmark and its Chairman, James Bouchard, related to a tender offer for U.S. Steel. The charges allege misleading statements and omissions in connection with the offer.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 3:11 pm

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Massachusetts Securities Regulator fined Morgan Stanley $2 million for failing to ensure a customer was not trading on material, non-public information related to First Republic insider's stock sales.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 2:25 pm

WHLR

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) shares surged after the U.S. Court of Appeals for the Fourth Circuit upheld a dismissal of a class action lawsuit against the company. The stock saw a significant increase in trading volume, with shares up 122% on Friday.

Portfolio Pulse from Erica Kollmann

September 06, 2024 | 2:20 pm

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The Dow Jones index rose by 150 points as the U.S. economy added 142,000 jobs in August, with the unemployment rate falling to 4.2%. BloomZ Inc. shares surged 131% after a business agreement announcement, while Wheeler Real Estate Investment Trust shares rose 89% following a favorable court ruling. Planet Labs PBC shares fell 21% due to disappointing sales results.

Portfolio Pulse from Avi Kapoor

September 06, 2024 | 1:56 pm