Streetbeat News

Regulatory

CRLBF

TCNNF

Florida's Amendment 3 aims to legalize recreational marijuana, sparking political debate. Sen. Joe Gruters reassures voters about regulated public use, countering Governor DeSantis' opposition. Cannabis companies like Trulieve and Cresco Labs close operations due to Hurricane Milton.

Portfolio Pulse from Nicolás Jose Rodriguez

October 12, 2024 | 6:25 pm

JPM

Jamie Dimon, CEO of JPMorgan Chase, warns of global risks to the economy, highlighting issues like slowing inflation, fiscal deficits, and geopolitical instability. He emphasizes the need for preparedness and infrastructure improvements.

Portfolio Pulse from Bibhu Pattnaik

October 12, 2024 | 3:00 pm

GOOG

GOOGL

NVDA

PLTR

RIVN

Benzinga highlights bullish and bearish stock stories, including Nvidia's institutional call-buying, Palantir's AI strategy, and Rivian's production cut due to supply issues. Alphabet faces potential breakup by DOJ, and Chinese stocks fall due to lack of stimulus.

Portfolio Pulse from Michael Cohen

October 12, 2024 | 2:30 pm

TMUS

SpaceX, led by Elon Musk, is offering free Starlink satellite internet service to victims of Hurricanes Helene and Milton until the end of the year. This initiative, supported by temporary FCC authorization, aims to aid disaster recovery by providing essential communication services. SpaceX and T-Mobile have activated Direct-to-Cell coverage to enhance emergency alerts in affected areas.

Portfolio Pulse from Rounak Jain

October 12, 2024 | 6:56 am

PIXY

Trading for a certain asset has been halted at 7:50:00 p.m. ET due to pending news. This could indicate significant upcoming information that may impact the asset's price.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 11:50 pm

ZPTA

Trading for ZPTA was halted at 4:55:00 p.m. ET due to pending news. This indicates that significant information regarding ZPTA is expected to be released, which could impact its stock price.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 8:55 pm

CGC

Bedrocan International is re-entering the Canadian market with pharmaceutical-grade cannabis products, acquiring a new facility in Scarborough and a cultivation license from Health Canada. Production is set to begin in early 2025. The company previously ended a partnership with Canopy Growth Corp (NASDAQ:CGC).

Portfolio Pulse from Javier Hasse

October 11, 2024 | 8:52 pm

XTKG

X3 Holdings Co., Ltd. (NASDAQ:XTKG) has received a 180-day extension from Nasdaq to meet the $1.00 minimum bid price requirement, with a new deadline of April 7, 2025.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 8:31 pm

LUMN

Lawmakers are demanding answers from AT&T, Verizon, and Lumen Technologies following a hacking campaign by the Chinese Salt Typhoon group. The breach raises concerns about compromised sensitive government data and national security implications. Congressional committees have requested detailed explanations from the companies, while cybersecurity experts highlight the risks of backdoor access.

Portfolio Pulse from Stjepan Kalinic

October 11, 2024 | 8:27 pm

BLK

GOOGL

JPM

TSLA

WFC

The S&P 500 and Dow Jones Industrial Average hit record highs due to a strong start to the earnings season, despite inflation concerns. Financial stocks like JPMorgan, Wells Fargo, Bank of New York Mellon, and BlackRock exceeded earnings forecasts, boosting the sector. Tesla disappointed investors with its 'We, Robot' event, leading to a stock price drop. Alphabet's Google is challenging DOJ's antitrust actions.

Portfolio Pulse from Piero Cingari

October 11, 2024 | 8:15 pm