Streetbeat News

Regulatory

MDJH

MDJM LTD has received a notification from Nasdaq regarding its non-compliance with the minimum bid price requirement, as its share price has fallen below $1.00 for 30 consecutive business days.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 8:08 pm

AAPL

GOOGL

SPY

Apple Inc (AAPL) and Alphabet (GOOG/GOOGL) are compared in terms of stock performance and financials. Apple has outperformed Alphabet and the S&P 500 over various time frames, despite a recent revenue decline. Alphabet faces antitrust scrutiny, which could impact its deal with Apple.

Portfolio Pulse from Chris Katje

October 25, 2024 | 8:04 pm

BABA

BIDU

LI

NIO

XPEV

US-listed Chinese stocks are experiencing a rise in share prices due to recent stimulus and measures by the People's Bank of China (PBoC).

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 7:58 pm

USDTUSD

U.S. federal authorities are investigating Tether for potential sanctions and money-laundering breaches. The probe, led by the Manhattan U.S. Attorney's Office, examines Tether's stablecoin use in illicit activities. Tether denies the allegations, but scrutiny continues, with potential sanctions from the Treasury Department.

Portfolio Pulse from Murtuza Merchant

October 25, 2024 | 7:46 pm

FXI

SPY

The FBI and CISA have issued a joint statement regarding cyber activities linked to the People's Republic of China targeting U.S. telecommunications. They are investigating unauthorized access and providing support to affected companies, urging potential victims to contact them.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 7:25 pm

HOLX

Hologic Inc. (NASDAQ:HOLX) has recalled its BioZorb Marker devices following nearly 400 complaints, including serious adverse events. The FDA has issued a warning against using these devices, urging healthcare facilities to return all unused lots. The recall aims to ensure patient safety due to complications such as pain, infection, and device migration.

Portfolio Pulse from Vandana Singh

October 25, 2024 | 6:57 pm

USDTUSD

Tether CEO Paolo Ardoino refutes claims of an investigation into Tether, stating that the Wall Street Journal is repeating outdated information.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 6:14 pm

DJT

FXI

SPY

Chinese hackers reportedly targeted phones used by Trump and Vance, potentially accessing data through a breach of American telecommunications systems.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 6:08 pm

BTCUSD

ETHUSD

Federal investigators are probing Tether, a major cryptocurrency firm, for potential violations of anti-money-laundering and sanctions rules. The investigation focuses on whether Tether has been used to fund illegal activities or launder money. Tether may face penalties if found to have done business with groups on the U.S. sanctions list.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 5:57 pm

LLY

REGN

SNY

Eli Lilly's Ebglyss, a newly FDA-approved eczema drug, shows promising results in improving skin and itch in patients previously treated with Sanofi/Regeneron's Dupixent. The Phase 3b ADapt study demonstrated significant improvements in patients with moderate-to-severe atopic dermatitis, with a high percentage achieving EASI-75 and itch relief. Ebglyss has been approved in the US, EU, and Japan.

Portfolio Pulse from Vandana Singh

October 25, 2024 | 5:57 pm