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PIII

P3 Health Partners Inc. announced it will delay its Annual Report filing due to the need for more time to finalize its 2023 Financial Statements and disclosures. The company also revealed ongoing material weaknesses in its internal controls over financial reporting and anticipates disclosing substantial doubt about its ability to continue as a going concern, citing insufficient cash resources to support operations for the next 12 months.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 3:13 pm

FXI

SPY

A TikTok spokesperson has labeled a recent U.S. House bill as a 'ban' on the platform, expressing hope that the Senate will review the facts and listen to constituents before making a decision. The statement suggests TikTok is actively seeking to influence legislative outcomes in the U.S. to avoid potential restrictions or a ban.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 3:03 pm

META

The U.S. House of Representatives passed a bill requiring ByteDance to sell TikTok or face a U.S. ban, affecting 150 million users. The bill, supported by 352 votes, now moves to the Senate. Arguments varied, with some citing national security concerns and others economic harm and free speech risks. Rep. Massie criticized the bill as beneficial to rival Meta Platforms (META).

Portfolio Pulse from Neil Dennis

March 13, 2024 | 3:03 pm

NEE

NextEra Energy's stock is trading higher following the Federal Election Commission's decision to close a file on a complaint alleging campaign finance violations against the company.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 3:00 pm

AMZN

GOOGL

META

PINS

RUM

SNAP

SPY

Leaders of the U.S. Senate Intelligence Panel have jointly stated their anticipation for passing a TikTok bill through the Senate and having it signed into law. This development could have implications for major tech companies and the broader market.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 2:49 pm

EWU

The UK government plans to amend laws to prohibit foreign states from owning, influencing, or controlling British newspapers, as reported by Sky News.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 2:47 pm

SNAP

Snap shares are trading higher after the US House passed a bill that mandates TikTok to divest from ByteDance or face a ban, potentially reducing competition for Snap.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 2:44 pm

AMZN

FXI

GOOGL

META

PINS

RUM

SNAP

SPY

The U.S. House of Representatives has passed a bill that mandates TikTok to sever its ties with China or risk being banned in the United States. This move could significantly impact the competitive landscape for U.S. tech companies and the broader market.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 2:43 pm

RUM

SNAP

Shares of social media companies are moving higher as the U.S. House of Representatives votes on a bill that would require TikTok to divest from China or face a ban in the U.S. This legislative action is seen as a significant move that could reshape the competitive landscape of social media in the United States.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 2:23 pm

SNAP

Snap shares are experiencing an uptick following a US House vote on legislation that mandates TikTok to separate from its parent company ByteDance or risk being banned in the US.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 2:19 pm