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Bitcoin is expected to reach a new all-time high by the weekend, according to Geoff Kendrick, Head of FX Research and Digital Assets Research at Standard Chartered. The potential approval of spot ether ETFs is also seen as a factor that could further legitimize the cryptocurrency sector. Recent inflows into spot Bitcoin ETFs have reached a new all-time high of $12.9 billion. The SEC's request for updates to filings for spot Ethereum ETFs has increased the chances of approval from 25% to 75%.

Portfolio Pulse from Benzinga Neuro

May 22, 2024 | 3:40 am

MSFT

Microsoft CEO Satya Nadella emphasized that AI should be viewed as a tool rather than a human-like entity. This comes after OpenAI, in which Microsoft is a major stakeholder, unveiled a personal assistant with human-like capabilities. Nadella's comments contrast with OpenAI's approach and highlight the ongoing debate about the anthropomorphization of AI.

Portfolio Pulse from Ananya Gairola

May 22, 2024 | 3:01 am

NSYS

Nortech Systems has received a new patent for its Active Optical Xtreme (AOX) technology platform, specifically for non-magnetic applications. This is the company's second patent in its technology portfolio. The adoption of AOX is expected to ramp up through 2024 but will not have a material impact on Nortech's financial results for 2024 or 2025.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 9:36 pm

ANGO

AngioDynamics has secured CE Mark approval in Europe for its AlphaVac F1885 System, which expands treatment options for healthcare professionals by reducing thrombus burden and improving right ventricular function in patients with pulmonary embolism (PE).

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 9:34 pm

LUNA

Luna Innovations has received a notice from Nasdaq regarding the late filing of its quarterly report on Form 10-Q.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 9:23 pm

COIN

Former President Donald Trump is now accepting cryptocurrency donations for his presidential campaign, making it the first major party campaign to do so. The campaign will accept various cryptocurrencies through Coinbase Commerce, including Bitcoin, Ethereum, and Dogecoin. This move aims to attract the crypto community, contrasting with the anti-crypto stance of President Joe Biden and other Democratic leaders.

Portfolio Pulse from Chris Katje

May 21, 2024 | 9:11 pm

MAXN

Maxeon Solar Technologies (NASDAQ:MAXN) received a notice of non-compliance from Nasdaq for failing to timely file its annual report for the fiscal year ended December 31, 2023.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 8:41 pm

EGIO

Edgio, Inc. (NASDAQ:EGIO) received a non-compliance notice from Nasdaq for not filing its Quarterly Report on Form 10-Q for the year ended March 31, 2024. The notice does not immediately affect the listing or trading of the company's stock.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 8:40 pm

PFE

Hospira Inc., a subsidiary of Pfizer Inc., has issued a voluntary nationwide recall for Buprenorphine Hydrochloride Injection Carpuject™ Units and Labetalol Hydrochloride Injection, USP Carpuject™ Units due to the potential for incomplete crimp seals.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 8:40 pm

TANH

Tantech shares are trading lower after the company announced it received a notice of non-compliance from the Nasdaq.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 8:37 pm