Streetbeat News

Regulatory

AWIN

AERWINS Technologies Inc. (NASDAQ:AWIN) plans to establish a US subsidiary in Los Angeles to redesign its XTURISMO Ltd Edition prototype 1 hoverbike for wider markets, including the US and Europe. The company aims to seek certification of the XTURISMO by the FAA. The redesign will include various enhancements and will be led by the company's Executive Chairman and President, Kiran Sidhu. Sidhu has agreed to provide up to $300,000 in working capital for the initial phase of this redesign initiative.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 12:38 pm

DM

SSYS

Desktop Metal, Inc. (NYSE:DM) has announced the termination of its shareholder rights plan in connection with the termination of the merger agreement with Stratasys Ltd. (NASDAQ:SSYS). The amendment to the rights agreement will be detailed in a Form 8-K to be filed with the SEC.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 12:35 pm

TYGO

Trading of Tigo Energy shares has been temporarily halted due to pending code news.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 12:33 pm

ABVC

ABVC BioPharma has been granted a patent in Taiwan for its treatment of Major Depressive Disorder. This could potentially increase the company's market share and revenues in the future.

Portfolio Pulse from Bill Haddad

October 09, 2023 | 12:30 pm

EIS

SPY

USO

PM Netanyahu has stated that Israel's response to the Hamas onslaught from Gaza will change the Middle East. This could potentially impact the stability of the region and affect related ETFs.

Portfolio Pulse from Charles Gross

October 09, 2023 | 12:28 pm

ALNY

Alnylam Pharmaceuticals has received a Complete Response Letter from the FDA for its sNDA for patisiran, a treatment for the cardiomyopathy of ATTR amyloidosis. This has resulted in a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 12:27 pm

FXI

SPY

U.S. Senator Schumer has expressed the need to remove restrictions and open up Chinese markets. This could potentially impact the performance of ETFs like FXI and SPY.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 12:14 pm

FXI

SPY

U.S. Senator Schumer stated that the U.S. and China are at a historic decision point, emphasizing that America seeks fairness and stability in its relations with China. He also mentioned that the U.S. does not believe reciprocity exists in its current relationship with China.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 12:13 pm

SPY

USO

VGK

The U.S. is investigating a major oil trader for potentially violating Russia sanctions. The outcome of the probe could impact global oil markets and related ETFs.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 12:11 pm

SPY

Janet Yellen, the US Treasury Secretary, has stated that she sees no market 'dysfunction' from the recent U.S. bond rout. This statement comes amidst concerns about rising bond yields and their potential impact on the stock market.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 12:10 pm