Streetbeat News

Regulatory

AAPL

Apple Inc may face the first fine under the EU's Digital Markets Act due to alleged anti-competitive practices in its App Store. The European Commission charged Apple with violating the DMA by restricting app developers from offering alternative purchasing options.

Portfolio Pulse from

November 06, 2024 | 8:30 am

NFLX

Netflix's offices in Paris and Amsterdam were raided by French and Dutch authorities as part of an investigation into potential tax fraud and labor law breaches.

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November 06, 2024 | 8:15 am

BAC

C

WFC

Bank stocks, including Citigroup, Bank of America, and Wells Fargo, advanced in overnight trading on Robinhood as investors anticipate less regulation under a potential Trump presidency.

Portfolio Pulse from

November 06, 2024 | 5:30 am

SNPMF

Sinopec's clean energy subsidiary, Sinopec Star Co., Ltd., has connected its geothermal power generation pilot project in Xianyang, China, to the grid. This marks a significant step in Sinopec's renewable energy initiatives.

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November 06, 2024 | 5:15 am

HCM

HUTCHMED (China) Limited will present new and updated clinical data from its sovleplenib ESLIM-01 Phase III trial and other studies at the 2024 ASH Annual Meeting and the 2024 ESMO Asia Congress.

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November 06, 2024 | 4:15 am

SMCI

Super Micro Computer Inc. failed to provide clear answers regarding its accounting issues during an investor call, leaving uncertainty around the company and its stock.

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November 06, 2024 | 3:30 am

GOOG

Google has been moderating and removing internal election-related conversations among employees on U.S. Election Day. Despite warnings, employees continued to post election-related memes and criticize company policies.

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November 06, 2024 | 3:00 am

BEN

Franklin Resources, Inc. is under investigation by Levi & Korsinsky for potential violations of federal securities laws. The investigation follows a Wells Notice received by Ken Leech, co-Chief Investment Officer of its subsidiary Western Asset Management Company.

Portfolio Pulse from

November 06, 2024 | 2:45 am