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FXI

SPY

In a meeting with U.S. President Biden, China's President Xi expressed his hope for China and the U.S. to become partners, respect each other, and coexist peacefully. He emphasized the need for more dialogue, discussions, and calm handling of differences, as reported by Reuters citing China state media.

Portfolio Pulse from Charles Gross

November 15, 2023 | 11:33 pm

GMDA

Gamida Cell Ltd. has filed for a mixed shelf offering with the SEC, allowing the company to issue various types of securities up to a total of $150 million. This move could potentially dilute current shareholders but also provides the company with a flexible way to raise capital for operations, investment, and debt management.

Portfolio Pulse from Charles Gross

November 15, 2023 | 10:31 pm

EWY

FXI

SPY

North Korea has stated it will counter any military threats from the U.S. and its allies with more aggressive and strategic military actions, according to Reuters citing KCNA.

Portfolio Pulse from Charles Gross

November 15, 2023 | 10:18 pm

CYCC

Cyclacel Pharmaceuticals has announced that its financial reports for the periods in 2021-2023 should not be relied upon due to material unintentional errors made in 2021, amounting to approximately $0.5 million.

Portfolio Pulse from Charles Gross

November 15, 2023 | 10:07 pm

USDP

USD Partners LP has announced that trading of its stock on the NYSE has been suspended. The company expects that its stock will begin trading on the OTC exchange starting November 16, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 9:54 pm

XOM

ExxonMobil plans to disclose more information about its corporate strategies and capital plans up to the year 2027, according to a recent filing.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 9:47 pm

CF

CF Industries has announced the expiration of the HSR Act waiting period for its acquisition of the Waggaman ammonia production facility. This step is a significant milestone in the regulatory process, indicating that the acquisition can proceed without further antitrust scrutiny from U.S. regulators. The completion of this phase may positively influence investor sentiment as it clears a major hurdle in the acquisition process.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 9:44 pm

GURE

Gulf Resources has filed Form 12b-25 with the SEC, indicating a delay in filing its financial reports. The company expects to file within the five-calendar day extension period allowed by Rule 12b-25.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 9:38 pm

VII

7GC & Co. Holdings has announced that the SEC has declared its Form S-4 registration statement effective, in connection with its proposed business combination with Banzai. This is a key step towards completing the merger, which will result in Banzai becoming a publicly listed company.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 9:34 pm

MSFT

Microsoft CEO Satya Nadella stated that the company is not focused on China as a domestic market but continues to serve Chinese multinationals operating globally. Despite the U.S. imposing export restrictions on AI chips for China, Microsoft maintains a presence in China with its R&D center and Bing search engine. The company complies with U.S. policy decisions regarding trade and national security. Microsoft's revenue is primarily from the U.S. and Europe, and while it uses China for manufacturing, Nadella doesn't see current U.S.-China tensions as a major issue for Microsoft.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 9:27 pm