Streetbeat News

Regulatory

ISPR

MSOS

Michael Wang emphasizes the potential of vaping technology to better protect minors compared to traditional smoking methods. He mentions the development of age-gating technology and the involvement of the FDA in its regulation. This technology aims to safeguard minors while making the marketplace more accessible to adults, suggesting that the controversy around flavored vaping products could be mitigated.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 3:35 pm

FXI

SPY

Webull, a trading application, is currently under investigation by multiple states due to its connections with China, as reported by the Wall Street Journal. This probe could have implications for investor confidence and regulatory scrutiny on companies with significant ties to China.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 3:34 pm

EIS

EWT

ISRA

SPY

VGK

U.S. House Speaker Johnson announced that the text of aid bills for Ukraine, Israel, and Taiwan will be filed on Wednesday, according to House sources. This move could have implications for related ETFs and geopolitical stability.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 3:23 pm

META

The EU regulator has recommended that large online platforms should offer users a free option that does not include targeted advertising. This move is aimed at providing users with more control over their online experience and privacy.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 3:20 pm

META

The EU watchdog has stated that it is not feasible for users to comply with consent requirements for personal data usage in targeted advertising if their only options are to agree to data use or pay a fee for an ad-free experience. This statement could impact companies relying on such models for revenue.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 3:18 pm

ALK

Alaska Airlines encountered a system issue during an upgrade to its weight and balance calculation system, leading to a ground stop for all Alaska and Horizon flights starting around 7:50 am PT on Wednesday. The airline is actively working to resolve the problem as quickly as possible.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 3:17 pm

META

The EU privacy watchdog has stated that Meta and other large online platforms must offer users a genuine choice in their 'consent or pay' models, according to Reuters. This directive emphasizes the need for these companies to ensure that users have the freedom to choose how their data is used without being forced into a payment model.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 3:16 pm

FXI

SPY

X

U.S. Steel has expressed support for the Biden Administration's trade enforcement actions against China, which may include an increase in the tariff rate on Chinese steel companies. This move is aimed at protecting the domestic steel industry from unfair competition.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 3:08 pm

ALK

Alaska Airlines experienced a ground stop due to an IT issue, as reported by CNBC. This temporary halt in operations could impact the airline's schedule, potentially affecting customer satisfaction and operational efficiency.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 3:07 pm

BSFC

Blue Star Foods Corp. (BSFC) has secured additional non-dilutive funding to support expansion in its soft shell crab operations and to meet increased demand under its Master Service Agreement. The company issued a promissory note and shares to an accredited investor, and a convertible promissory note to an institutional investor. CEO John Keeler expressed confidence in the company's growth and its efforts to remain NASDAQ-listed, following NASDAQ's conditional approval for continued listing.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 3:01 pm