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SPY

VGK

China's Cabinet is reportedly studying measures to accelerate the integration of domestic and foreign trade, according to state media as cited by Reuters. This move could have implications for trade policies and economic relations.

Portfolio Pulse from Charles Gross

December 01, 2023 | 11:22 am

EMBC

Embecta Corp. has announced that none of its syringes are affected by the FDA's safety communication. The FDA's notice, issued on November 30, 2023, specifically pertains to plastic syringes manufactured in China.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 11:05 am

PHR

Phreesia announced that the Centers for Medicare and Medicaid Services (CMS) will include the Patient Activation Measure (PAM) in its Merit-Based Incentive Payment System (MIPS) starting in 2024. This inclusion could potentially benefit healthcare providers using Phreesia's services by allowing them to report on patient engagement and satisfaction, which are key components of PAM, as part of their MIPS scoring.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 11:03 am

ANTE

AirNet Technology Inc. (NASDAQ:ANTE) received a notice from Nasdaq for non-compliance with the minimum bid price requirement, as its ADS price has been below $1.00 for 30 consecutive business days.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 8:02 am

HCM

HUTCHMED announced it will present new clinical data from ongoing studies of its investigational drug candidates fruquintinib, surufatinib, and HMPL-295 at the ESMO Asia Congress in Singapore and the ESMO Immuno-Oncology Congress in Geneva. These events are scheduled for December 1-3, 2023, and December 6-8, 2023, respectively.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 7:25 am

WETG

WeTrade Group Inc. (WETG) disclosed findings from an internal audit that revealed a $2 million expenditure by former COO Zhuo Li and former CFO Jianda Xu that raised doubts. The company has reported the incident to PCAOB and the Chinese police.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 7:21 am

AAPL

GOOG

GOOGL

Google's RCS platform in Messages has surpassed one billion monthly active users and introduced new features like Photomoji and custom chat colors. Google is collaborating with the GSMA, which includes Apple, to further develop RCS, including end-to-end encryption and additional features. Apple has agreed to support RCS Universal Profile in 2024 after Google lobbied EU regulators.

Portfolio Pulse from Ananya Gairola

December 01, 2023 | 6:43 am

ETH-USD

Following the death of Henry Kissinger, at least 9 tokens named after him have emerged in the crypto space, with one experiencing a 5,700% surge on Uniswap. These tokens, found on Ethereum, Solana, and BNB Chain, are prone to rapid price inflation and 'rug-pulls', posing high risks to investors. The ease of creating cryptocurrencies contributes to such volatile market entries.

Portfolio Pulse from Mehab Qureshi

December 01, 2023 | 4:28 am

MSTR

Major cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, saw price increases after two key developments. Microstrategy Inc (NASDAQ:MSTR) purchased an additional 16,130 BTC, bringing their total holdings to 174,530 BTC. The SEC acknowledged Fidelity Investments' filing for a spot Ethereum ETF. Analysts predict Ethereum could reach $3,500 by Q1 2024, and the trend of self-custody for Ethereum is increasing, with exchange wallets at a 6-month low and non-exchange wallets at an all-time high.

Portfolio Pulse from Mehab Qureshi

December 01, 2023 | 2:57 am

NVDA

Huawei Technologies Co. is reportedly becoming a central figure in China's strategy to create an independent chip ecosystem, as revealed by a Bloomberg report. The Chinese government is covertly supporting Huawei to be the main chip designer and client for manufacturers, while also providing technical and financial assistance to smaller firms in the chip supply chain. Despite Huawei's denial of government aid for semiconductor technology, anonymous sources claim the government's top levels have chosen Huawei to lead the country's chip industry self-sufficiency efforts. This comes as countries, including the U.S., strive for semiconductor independence, highlighted by NVIDIA CEO Jensen Huang's comment on the U.S.'s long road to chip manufacturing autonomy.

Portfolio Pulse from Ananya Gairola

December 01, 2023 | 2:22 am