Streetbeat News

Regulatory

BLK

FIS

JPM

WT

BlackRock (BLK), Fidelity (FIS), and WisdomTree (WT) have named Jane Street Capital and JPMorgan Securities (JPM) as authorized participants for their upcoming Bitcoin ETFs, pending SEC approval. Jane Street is also selected by Valkyrie for a similar role. The SEC had set a deadline of Dec. 29 for final amendments, with early January as the potential approval window for Bitcoin ETFs. Invesco is also in the race, offering to waive fees for its Bitcoin ETF.

Portfolio Pulse from Benzinga Neuro

December 30, 2023 | 2:43 am

KTTAW

Trading for KTTAW has been halted at 7:50:00 p.m. ET due to pending news. No further details are provided about the nature of the news or when trading will resume.

Portfolio Pulse from Benzinga Newsdesk

December 30, 2023 | 12:50 am

KTTA

Trading on KTTA was halted at 7:50:00 p.m. ET due to pending news. The halt is in place to manage market orderliness and investor protection pending the release of material news.

Portfolio Pulse from Benzinga Newsdesk

December 30, 2023 | 12:50 am

TBLT

Trading for TBLT has been halted at 7:50:00 p.m. ET due to pending news. The halt is in place to manage market orderliness and investor protection pending the release of material information.

Portfolio Pulse from Benzinga Newsdesk

December 30, 2023 | 12:50 am

MDXG

MIMEDX received an FDA warning letter regarding the classification of its product AXIOFILL, which is not related to safety concerns. The company has reiterated its 2023 full-year net sales and fourth-quarter adjusted EBITDA margin outlook, indicating that the warning has not affected its financial projections.

Portfolio Pulse from Bill Haddad

December 29, 2023 | 10:02 pm

CANO

Cano Health has been notified by the NYSE of non-compliance with market capitalization criteria. The company is expediting its transformation plan and aims to achieve $290 million in cost reductions.

Portfolio Pulse from Bill Haddad

December 29, 2023 | 9:43 pm

LMDX

Trading for LMDX was halted and then resumed at 4:40 PM ET, with updated quotation resumption times following the release of news.

Portfolio Pulse from Benzinga Newsdesk

December 29, 2023 | 9:40 pm

LMDX

Trading for LMDX was halted at 4:10:00 p.m. ET due to pending news. The halt is in place to ensure a fair and orderly market until the news is released.

Portfolio Pulse from Benzinga Newsdesk

December 29, 2023 | 9:10 pm

LMDXW

Trading on the stock LMDXW has been halted at 4:10:00 p.m. ET due to pending news. The halt is in place to manage market orderliness and ensure fair information dissemination.

Portfolio Pulse from Benzinga Newsdesk

December 29, 2023 | 9:10 pm

AAPL

MSFT

SPY

TSLA

The U.S. stock market ended the year on a high note, with major indices reaching record levels, driven by the AI revolution and a dovish pivot by the Federal Reserve. The Nasdaq 100 had its best year since 1999, while the SPY ETF is close to hitting $500 billion in assets. AI interest has surpassed Bitcoin, and The New York Times is suing OpenAI and Microsoft over copyright issues. Ed Yardeni predicts a bullish S&P 500 for 2024, and Apple is shifting focus to wearables. Elon Musk has shown support for a $25K Tesla compact car.

Portfolio Pulse from Piero Cingari

December 29, 2023 | 9:01 pm