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Regulatory

ARKB

ETHUSD

SOLUSD

Cathie Wood of ARK Invest believes the approval of Ethereum ETFs is linked to U.S. politics and sees potential for a Solana ETF. She attributes the approval to the growing importance of cryptocurrency in U.S. elections and mentions former President Donald Trump's increasing comfort with crypto. Wood remains bullish on Bitcoin and highlights significant inflows into the ARK 21Shares Bitcoin ETF.

Portfolio Pulse from Aniket Verma

May 30, 2024 | 4:13 am

META

Meta Platforms Inc. (NASDAQ:META) has taken down numerous Facebook accounts linked to AI-generated disinformation campaigns from countries including China, Iran, Russia, and Israel. Despite the evolving tactics of these adversarial networks, Meta has managed to disrupt many of these campaigns before they gained significant traction.

Portfolio Pulse from Ananya Gairola

May 30, 2024 | 3:52 am

BTCUSD

DOGEUSD

ETHUSD

Leading cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, edged lower due to inflation fears. Bitcoin's supply on exchanges is shrinking, potentially leading to a future bull market. Ethereum's spot ETFs are seen as a bullish trigger. The stock market also dipped due to rising treasury yields.

Portfolio Pulse from Aniket Verma

May 30, 2024 | 2:15 am

BCDA

Trading for BCDA was halted at 7:50:00 p.m. ET due to pending news.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 11:50 pm

BCDAW

Trading for BCDAW was halted at 7:50:00 p.m. ET due to pending news. Investors should stay tuned for further updates.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 11:50 pm

NBY

NovaBay Pharmaceuticals plans a 1-for-35 reverse stock split effective May 30, 2024, and will start trading on a split-adjusted basis on May 31, 2024. The company also received a notice from NYSE American for non-compliance with stockholders' equity requirements and has an unqualified audit opinion with a going concern warning.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 9:26 pm

BYFC

Broadway Financial received a letter from Nasdaq indicating non-compliance with listing rules due to a late filing of Form 10-Q. The company must submit a compliance plan within 60 days. On May 24, 2024, Broadway Financial filed the Form 10-Q for the period ended March 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 9:18 pm

EWJ

SPY

U.S. and Japan will hold their first weapons cooperation meeting in Tokyo on June 10-11 to discuss weapon development and co-production of Patriot surface-to-air missiles.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 9:07 pm

VS

Versus Systems has announced the cancellation of its special meeting scheduled for May 30. The board has decided that reorganizing the company as a Delaware corporation is not in the best interest of shareholders.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 8:39 pm

GPAK

Gamer Pakistan has received a notice from Nasdaq for non-compliance due to delinquent filings. The company must submit a compliance plan by June 17, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 8:39 pm