Streetbeat News

Regulatory

AILE

iLearningEngines (AILE) shares plummeted over 30% after the company placed its CFO on leave, its auditor withdrew prior opinions, and the SEC issued a subpoena for documents.

Portfolio Pulse from

November 18, 2024 | 11:00 pm

MSFT

ServiceTitan, in its IPO S-1 prospectus, has identified large language models (LLMs) from Microsoft and OpenAI as risk factors. This highlights potential challenges or uncertainties related to these technologies that could impact the company's stock performance.

Portfolio Pulse from

November 18, 2024 | 11:00 pm

TSLA

RBC Capital Markets Global Autos Analyst, Tom Narayan, suggests that Tesla's market capitalization is more justified by its self-driving technology than by its car sales. He discusses potential tailwinds for Tesla, including possible deregulation.

Portfolio Pulse from

November 18, 2024 | 10:45 pm

SMCI

Super Micro Computer has appointed BDO USA as its new auditor and submitted a compliance plan to Nasdaq for additional time to meet listing rules, resulting in a 15% increase in its share price during extended trading.

Portfolio Pulse from

November 18, 2024 | 10:45 pm

NDOI

Endo, Inc. has expanded its voluntary recall of Clonazepam Orally Disintegrating Tablets due to potential mislabeling of product carton strength.

Portfolio Pulse from

November 18, 2024 | 10:45 pm

NDAQ

SMCI

Super Micro has hired BDO as its independent auditor to maintain its Nasdaq listing. This announcement led to a 16% rise in its stock during extended trading.

Portfolio Pulse from

November 18, 2024 | 10:30 pm

TECK

Teck Resources Limited has received approval from the Toronto Stock Exchange to renew its normal course issuer bid, allowing it to repurchase its Class B subordinate voting shares.

Portfolio Pulse from

November 18, 2024 | 10:30 pm

SMCI

Super Micro's stock surged over 17% following the announcement of a new auditor and a plan to address delayed reports, temporarily averting delisting concerns.

Portfolio Pulse from

November 18, 2024 | 10:30 pm

NVDA

UBER

The S&P 500 had mixed performance as Uber's stock fell due to potential regulatory changes in self-driving rules, while markets anticipate Nvidia's upcoming earnings report.

Portfolio Pulse from

November 18, 2024 | 10:30 pm

SOLR

Solaris Energy Infrastructure has filed Form S-3 to replace an expired universal shelf registration, allowing the company to issue new securities.

Portfolio Pulse from

November 18, 2024 | 10:15 pm