Streetbeat News

Regulatory

BTCUSD

GME

SPY

The latest CPI data came in cooler than expected, which may influence the Federal Reserve's upcoming report. Former President Trump has called for increased Bitcoin mining in the United States. Citron Research announced it is no longer shorting GameStop.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 2:00 pm

FXI

VGK

Norway, a leader in electric vehicle adoption, will not follow the EU in imposing higher tariffs on Chinese electric cars, according to Finance Minister Trygve Slagsvold Vedum.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 1:59 pm

AAPL

BTCUSD

DOGEUSD

ETHUSD

ORCL

Bitcoin, Ethereum, and Dogecoin experienced a drop ahead of the Federal Reserve's interest rate decision. The Biden Administration plans to extend sanctions on semiconductor sales to Russia, targeting Chinese sellers. Oracle shares rose by 9%, and the S&P 500 and Nasdaq hit record highs as Apple shares surged.

Portfolio Pulse from Akanksha Bakshi

June 12, 2024 | 1:53 pm

UNH

UnitedHealth appreciates the clarification from the Department of Health and Human Services (HHS) that providers and other entities can delegate their notice obligations to Change Healthcare.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 1:48 pm

SPY

President Biden acknowledged that prices are still too high but noted progress in lowering inflation, as indicated by Wednesday's report.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 1:45 pm

CBOE

Rob Marrocco, VP at Cboe, expressed skepticism about the near-term feasibility of Solana and Ripple ETFs due to the absence of a futures market. He emphasized the need for a comprehensive regulatory framework for cryptocurrencies. The passage of the FIT21 Act could play a crucial role in shaping the future landscape of digital asset investment.

Portfolio Pulse from Murtuza Merchant

June 12, 2024 | 1:44 pm

NKTR

Nektar Therapeutics has presented preclinical data on NKTR-0165, a treatment for inflammatory diseases, at EULAR 2024. The data shows selective enhancement of Treg cell function through a novel mechanism. IND-enabling studies are underway, with first-in-human studies planned for the first half of 2025.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 1:40 pm

BA

NASA and Boeing have postponed the return of the Starliner spacecraft and its first astronaut crew to Earth to June 18 due to multiple factors including component fixes, weather, and ISS scheduling. The mission, which is crucial for certifying Starliner for regular flights, faced issues such as a 'sticky' oxidizer valve and a helium leak in the propulsion system.

Portfolio Pulse from Benzinga Neuro

June 12, 2024 | 1:39 pm

CRKN

Crown Electrokinetics Corp. (NASDAQ:CRKN) shares rose by 6.9% to $0.09 after the company announced that its request for continued listing on the Nasdaq was approved. The approval is contingent upon meeting all applicable criteria by July 23.

Portfolio Pulse from Henry Khederian

June 12, 2024 | 1:32 pm

THMO

ThermoGenesis Holdings Inc (NASDAQ:THMO) shares dropped 41% to $0.33 after Nasdaq denied the company's request for continued listing due to not meeting minimum stockholders' equity requirements. Trading will be suspended on June 17, and the company does not plan to appeal.

Portfolio Pulse from Henry Khederian

June 12, 2024 | 1:31 pm