Streetbeat News

Regulatory

MSOS

Adam Wilks comments on the potential for growth in the cannabis industry with federal legalization, indicating that the industry is just beginning to tap into its potential. The Cannabis Capital Conference offers live access for subscribers and new users to discuss such topics.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 7:59 pm

FXI

SPY

President Biden expressed no concern over the potential impact of metal tariffs on the relationship with China's Xi, indicating confidence in maintaining diplomatic relations despite the economic measures.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 7:43 pm

RUN

Sunrun shares are trading higher following reports that President Biden is anticipated to end the tariff exemption for bifacial solar panel imports, potentially benefiting domestic solar companies like Sunrun.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 7:12 pm

BA

The US Department of Transportation's watchdog is conducting an audit of the Federal Aviation Administration's (FAA) oversight of Boeing, according to a Semafor report. This investigation could have implications for Boeing's regulatory compliance and operational practices.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 7:11 pm

FSLR

First Solar shares are trading higher following reports that President Biden is anticipated to end the tariff exemption for bifacial solar panel imports, potentially benefiting domestic manufacturers like First Solar.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 7:07 pm

FXI

SPY

The Chinese Embassy criticized the U.S. for initiating investigations into China's maritime, logistics, and shipbuilding sectors, as reported by Reuters. This move could potentially escalate tensions between the two countries.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 6:59 pm

MSOS

Kris Walker highlights a shift towards prioritizing repeatable processes and data-driven decisions in the cannabis industry, noting the lack of sufficient data for a CBG brand. The Cannabis Capital Conference offers live access for subscribers and new users.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 6:57 pm

MSOS

Christine Smith predicts continued maturity and consolidation in the cannabis industry over the next 12 months, with fewer brands but more sophisticated products. She also hopes for federal movement to allow crossover but does not expect it.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 6:53 pm

AMZN

FTEC

MSFT

XLK

The European Union has decided not to conduct a formal investigation into Microsoft's $13 billion investment in OpenAI, citing that the deal does not constitute a takeover or give Microsoft control over OpenAI. This decision comes amidst concerns of regulatory scrutiny over the partnership. Additionally, Microsoft faces antitrust scrutiny in South Africa and a complaint in the EU regarding its cloud computing licensing practices, involving Amazon among the complainants. Microsoft's stock has seen a significant increase over the past year, despite a slight decrease in its latest trading session.

Portfolio Pulse from Anusuya Lahiri

April 17, 2024 | 6:37 pm

SPY

X

President Biden emphasized that U.S. Steel should stay American owned and operated, accusing China of cheating rather than competing fairly in the steel industry.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 6:35 pm