Streetbeat News

Regulatory

TSLA

Gene Munster from Deepwater Asset Management discussed Tesla's autonomous vehicle plans, highlighting potential cost savings and market impact. He revised his timeline for full autonomy, suggesting it will take longer than expected. Tesla's Robotaxi fleet could significantly contribute to its income by 2030.

Portfolio Pulse from Ananya Gairola

October 19, 2024 | 6:32 am

BTC-USD

The FBI has arrested Eric Council Jr. for allegedly hacking the SEC's social media account to falsely announce a Bitcoin ETF approval, causing a temporary surge in Bitcoin's price. The incident underscores vulnerabilities in social media security for high-profile organizations.

Portfolio Pulse from Rounak Jain

October 19, 2024 | 5:49 am

GOOG

GOOGL

A federal judge has granted Alphabet Inc. (Google) a temporary stay on a court order to revamp its Play Store, following an antitrust lawsuit by Epic Games. This allows the 9th U.S. Circuit Court of Appeals to review Google's appeal. Epic Games criticized the ruling as procedural.

Portfolio Pulse from Ananya Gairola

October 19, 2024 | 3:28 am

VFF

Village Farms International (NASDAQ:VFF) has been notified by Nasdaq for non-compliance with the minimum bid price requirement, as its shares have closed below $1.00. The company has until April 16, 2025, to regain compliance.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 10:52 pm

CELU

Celularity Inc. (NASDAQ:CELU) has received a delisting notice from Nasdaq due to delayed filing of its Forms 10-Q for Q1 and Q2 2024. The company plans to appeal and present a compliance plan. The stock continues to trade on Nasdaq.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 10:51 pm

UAA

Under Armour has agreed to a $434 million settlement to resolve a lawsuit from shareholders who claimed the company misled them about its financial health and revenue growth. The lawsuit followed a significant drop in Under Armour's stock price in 2017 after disappointing earnings and the resignation of its CFO. The company faced accusations of using questionable accounting practices and was investigated by the SEC.

Portfolio Pulse from Stan Vick

October 18, 2024 | 9:49 pm

MMV

MultiMetaVerse Holdings Limited has received a notification from Nasdaq for non-compliance with the minimum bid price and market value requirements. The company plans to request a hearing to address these issues, failing which its shares may be delisted.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 8:36 pm

ATHA

Athira Pharma has received a non-compliance notice from Nasdaq, as per an SEC filing. This notice could have implications for the company's stock listing status.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 8:10 pm

FLUX

Flux Power Holdings, Inc. received a non-compliance letter from Nasdaq for not filing its Annual Report on time. The company has 60 days to submit a compliance plan and is working to file the report promptly.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 8:06 pm

BSX

Boston Scientific has received FDA approval for its new FARAWAVE NAV Ablation Catheter and FARAVIEW Software, enhancing its FARAPULSE Pulsed Field Ablation System for treating atrial fibrillation.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 8:02 pm