Streetbeat News

Regulatory

SRFM

Surf Air Mobility has received a continued listing standard notice from the NYSE, indicating that the company must meet certain requirements to remain listed on the exchange. The company continues to trade under the ticker symbol SRFM.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 8:06 pm

OPGN

OpGen has received a notice from Nasdaq due to a delay in filing its Form 10-Q. This could have implications for the company's stock price and investor confidence.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 8:05 pm

MRAI

Marpai shares are trading lower after the company announced its intention to withdraw from the Nasdaq hearings process.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 8:05 pm

MRAI

Marpai has decided to withdraw from the Nasdaq hearings process and will transition its trading to the OTCQX Market.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 8:02 pm

SFHG

Samfine Creation has reduced its IPO size from 2.5 million shares to 2 million shares, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 7:28 pm

BA

LMT

NASA and Boeing are moving forward with the Starliner Crew Flight Test despite a stable helium leak in the spacecraft's propulsion system. The launch is targeted for June 1, with backup dates in early June. Boeing has faced significant delays and costs with the Starliner project, while SpaceX's Dragon capsule has been operational since 2020. A final review of the leak is scheduled for May 29.

Portfolio Pulse from Vandana Singh

May 24, 2024 | 6:10 pm

ENPH

Enphase Energy, Inc. (NASDAQ:ENPH) shares surged following President Biden's announcement of increased tariffs on Chinese solar imports. The tariffs, raised from 25% to 50%, aim to curb cheap Chinese products and protect American jobs. This move is expected to benefit U.S.-based solar companies like Enphase by reducing competition and boosting market share.

Portfolio Pulse from Vaishali Prayag

May 24, 2024 | 6:01 pm

WRAP

Wrap Technologies has received a notification from Nasdaq regarding non-compliance with Listing Rule 5250(c)(1). This rule pertains to the timely filing of periodic financial reports. The company must submit a plan to regain compliance within a specified period to avoid delisting.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 5:31 pm

AAPL

AES

MRVL

SNX

Hedge funds adjusted their portfolios in Q1 2024, focusing on AI-related infrastructure stocks and cyclical sectors. Positions in several 'Magnificent Seven' tech stocks were trimmed, except for Apple. Marvell Technology, TD Synnex, and AES Corporation saw increased hedge fund interest.

Portfolio Pulse from Piero Cingari

May 24, 2024 | 4:20 pm

ETHUSD

The SEC's approval of eight spot Ethereum ETFs marks a significant regulatory shift, reflecting increased acceptance of blockchain technology. This move aligns with the passage of the FIT Act, which aims to protect consumers and spur technological advancements. Despite opposition, the Administration is collaborating with Congress on crypto regulation, signaling a more favorable environment for blockchain businesses.

Portfolio Pulse from Murtuza Merchant

May 24, 2024 | 4:13 pm