Streetbeat News

Regulatory

SPRC

SciSparc Ltd. has submitted an IND application to the FDA for a Phase IIb clinical trial of SCI-110, aimed at treating Tourette Syndrome. The trial will be conducted at multiple international sites, including Yale School of Medicine.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 8:10 pm

BLUE

bluebird bio, Inc. has received a delinquency notice from Nasdaq for not filing its Q1 and Q2 2024 Form 10-Q reports on time. This notice does not immediately affect the listing or trading of its stock on Nasdaq.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 8:07 pm

AMZN

GT

KO

PEP

T

TGT

TMUS

UL

V

WMT

Kamala Harris's proposal to ban price-gouging on groceries has sparked debate, drawing comparisons to past price control measures by FDR and Nixon. The proposal could impact sectors with dominant players, such as soda production, tire manufacturing, wireless communications, and retail. Recent stock movements in these sectors show mixed reactions.

Portfolio Pulse from Michael Juliano

August 23, 2024 | 8:04 pm

SOHO

Sotherly Hotels Inc. (NASDAQ:SOHO) has received a deficiency notice from Nasdaq for failing to file its quarterly report on time, putting it out of compliance with listing requirements.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 8:02 pm

ITB

KRE

TAN

Fed Chair Jerome Powell's dovish speech at the Jackson Hole Symposium sparked a rally in interest rate-sensitive ETFs, including regional banks, solar, and home builders. The SPDR S&P Regional Banking ETF (KRE), Invesco Solar ETF (TAN), and iShares Home Construction ETF (ITB) saw significant gains as markets anticipate rate cuts.

Portfolio Pulse from Piero Cingari

August 23, 2024 | 7:39 pm

WORX

SCWorx Corp. has received a non-compliance notice from NASDAQ due to failure to file required financial reports. The company plans to regain compliance by October 14, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 7:30 pm

GURE

Gulf Resources shares declined following a Nasdaq listing notice due to a delayed Q2 filing.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 7:22 pm

ASTS

T

VZ

The FCC has finalized rules allowing AST SpaceMobile, AT&T, and Verizon to jointly file for a spectrum lease. This regulatory change could impact the operations and competitive dynamics of these companies in the telecommunications sector.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 7:19 pm

ETHUSD

A DeFi trader, Ignas, highlights reasons to be optimistic about Ethereum, citing low inflation, strong developer community, and regulatory certainty. Ethereum's dominance in smart contracts and stablecoin issuance, along with upcoming upgrades, are seen as positive factors.

Portfolio Pulse from Khyathi Dalal

August 23, 2024 | 7:16 pm

SPY

In a Bloomberg TV interview, Fed's Goolsbee emphasized the importance of the path of rate cuts rather than their size. He noted that neutral rates are far from current levels and doesn't foresee near-zero rates given the current economic outlook. He also mentioned that all options are always on the table for the Fed.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 6:23 pm