Streetbeat News

Regulatory

VGK

The Eurozone Core Consumer Price Index (CPI) year-over-year for October remained at 4.2%, which was in line with estimates and a decrease from the previous 4.5%.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 10:01 am

AAPL

A prototype of the Apple Watch Ultra with a black ceramic back was found in FCC filings, differing from the final product's design. Apple Inc. (AAPL) often sends prototypes to the FCC before launches, indicating their iterative design process. This discovery highlights Apple's approach to refining product design, which may influence future versions of the Apple Watch.

Portfolio Pulse from Benzinga Neuro

November 17, 2023 | 8:55 am

ALPMY

PFE

Astellas Pharma and Pfizer have received FDA approval for a supplemental marketing application for Xtandi (enzalutamide) to treat nonmetastatic castration-sensitive prostate cancer with a high risk of metastasis after biochemical recurrence.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 8:52 am

AAPL

DTEGF

GOOG

GOOGL

VOD

Apple Inc. (AAPL) has announced that iPhones will support RCS (Rich Communications Services) by 2024, in response to pressure from Google and EU regulators. RCS will enhance messaging features between Android and iPhone users but will not replace iMessage or change the 'Green vs Blue' bubble dynamic. Alphabet Inc.'s Google (GOOG, GOOGL), along with Vodafone Group Plc. (VOD) and Deutsche Telekom AG (DTEGF), had lobbied the EU for interoperability, which is now being addressed by Apple.

Portfolio Pulse from Rounak Jain

November 17, 2023 | 6:49 am

WLFC

Willis Lease Finance Corporation, through its subsidiary, has secured a £4.721 million grant from the UK Government's Advanced Fuels Fund Competition. This grant is aimed at supporting the development of advanced fuels for transport, which is a step towards sustainable and environmentally friendly transportation solutions.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 6:25 am

BTCUSD

Do Kwon, founder of Terraform Labs, failed to overturn his passport fraud conviction in Montenegro. Kwon and associate Han Chang-joon were sentenced to four months in prison for document falsification. Montenegro's court upheld the verdict, and Kwon faces potential extradition to the U.S. or South Korea for charges related to the TerraUSD and Luna collapse. Terraform Labs continues to operate despite Kwon's legal issues. Bitcoin and Terra Classic's prices have fallen in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

November 17, 2023 | 5:20 am

BTC-USD

DOGE-USD

ETH-USD

The cryptocurrency market saw a decline with Bitcoin, Ethereum, and Dogecoin experiencing volatility. Bitcoin dropped by 2.65%, Ethereum by 3.75%, while Dogecoin rose by 5.47%. Approximately $340 million of leveraged crypto positions were liquidated in two days. The U.S. Dollar Index fell, reaching its lowest since September. The SEC's delay in deciding on a spot BTC ETF is believed to disrupt market momentum. Analysts predict Bitcoin's new highs are imminent and suggest buying the dips. The global crypto market cap increased by 4.99% over 24 hours. The Dow Jones closed slightly down, while the S&P 500 and Nasdaq saw marginal increases.

Portfolio Pulse from Mehab Qureshi

November 17, 2023 | 3:06 am

TSLA

Elon Musk is facing criticism and calls for his resignation from Tesla (NASDAQ:TSLA) by Facebook co-founder Dustin Moskovitz due to Musk's endorsement of an antisemitic post. The controversy has led to negative reactions from public figures and investors, with Tesla investor Ross Gerber stating he would switch his Model Y for a Rivian vehicle. Musk defended his comments, which has further fueled the debate over his views on free speech and his influence on social media platforms.

Portfolio Pulse from Benzinga Neuro

November 17, 2023 | 12:48 am

CUTR

Cutera, Inc. has received a notification from Nasdaq due to the delay in filing its annual report. The company is required to submit a plan to regain compliance within 60 calendar days. If Nasdaq accepts the plan, Cutera may be granted up to 180 days from the annual report's due date to regain compliance.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 11:01 pm

PCG

The California Public Utilities Commission (CPUC) has approved Pacific Gas and Electric's (PG&E) General Rate Case for 2023-2026, which will result in changes to energy rates starting January 1, 2024. This decision will impact the rates customers pay for electricity and gas services provided by PG&E.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 10:44 pm