Streetbeat News

Regulatory

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NIO

XPEV

US-listed Chinese EV companies' shares are declining due to reports that the European Commission rejected price adjustment offers to avoid tariffs.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 5:44 pm

WNW

Meiwu Technology's shares are declining following a Nasdaq notification about its bid price deficiency.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 5:06 pm

GBTC

Grayscale Investments has launched a new XRP Trust after a 3-year hiatus, following a court ruling that XRP is not a security when sold on secondary markets. This move marks a shift in Grayscale's stance since the 2020 SEC lawsuit against Ripple Labs.

Portfolio Pulse from Murtuza Merchant

September 12, 2024 | 4:50 pm

BTCUSD

Daniel Batten highlights 19 lesser-known benefits of Bitcoin, focusing on its humanitarian, energy, environmental, and democratic impacts. These benefits include aiding war refugees, reducing emissions, and fostering financial inclusion.

Portfolio Pulse from Khyathi Dalal

September 12, 2024 | 4:39 pm

XFIN

Excelfin Acquisition Corp. has received a notice of non-compliance with Nasdaq's listing rule as of September 11. This could impact its stock price and investor confidence.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 4:36 pm

CING

Cingulate shares are trading lower following the announcement of the commencement of a final FDA-required food effect study for CTx-1301, a treatment for ADHD.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 4:20 pm

NVDA

SPY

Nvidia CEO Jensen Huang expressed confidence in the Biden administration's decision-making following a White House meeting. He emphasized the importance of American technology in the new industrial revolution.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 4:13 pm

F

GM

TSLA

Automakers express concerns over a proposed bill that would tighten restrictions on Chinese content for electric vehicle tax credits, potentially requiring a rollback of emissions rules.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 4:10 pm

SPY

The CDC confirmed that a Missouri bird flu patient was not severely ill and was treated with antivirals. The USDA reported eight California dairy herds tested positive for bird flu, all quarantined. Bird flu vaccine field studies in cattle are set to begin.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 4:09 pm

BTCUSD

Travis Kling, CIO at Ikigai Asset Management, highlights a 'Quiet Quitting' trend in the crypto industry, with decreased engagement and disillusionment among professionals. He attributes this to unmet promises of crypto projects and warns of potential deterrence for new talent. Despite a bearish outlook, Kling sees potential regulatory changes as a path to sustainable growth.

Portfolio Pulse from Khyathi Dalal

September 12, 2024 | 4:06 pm