Streetbeat News

Regulatory

AHI

Advanced Health Intelligence Ltd (NASDAQ:AHI) received a deficiency notification from Nasdaq for not complying with the minimum net shareholders' equity requirement of $2.5M. This does not currently affect the company's securities' listing or trading on Nasdaq.

Portfolio Pulse from Charles Gross

November 08, 2023 | 10:12 am

GM

General Motors' autonomous vehicle subsidiary, Cruise, has issued a recall for a subsystem within 950 of its automated driving systems due to its role in a recent accident. The subsystem may cause the autonomous vehicle to pull over when it should remain stationary. This issue was identified following an incident on Oct. 2, 2023, where a Cruise AV made contact with a pedestrian.

Portfolio Pulse from Anan Ashraf

November 08, 2023 | 9:32 am

ADXN

Addex Therapeutics has regained compliance with NASDAQ's minimum bid price rule. The company's stock, ADXN, was previously at risk of being delisted due to its share price falling below the required minimum.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 8:00 am

TSLA

Tesla, Inc. (NASDAQ:TSLA) is facing a labor union threat in Sweden, a key European market, as workers at four major ports are striking against the company. The strike is on the verge of expanding to all Swedish ports. IF Metall, a powerful union in Sweden, warned Tesla that it would go on strike if the company did not agree to sign a collective agreement with its striking mechanics. Another union, Fastighets, has said it would not clean Tesla premises in several locations starting Nov. 17. Tesla responded by saying the workers were already being offered equivalent or better agreements.

Portfolio Pulse from Shanthi Rexaline

November 08, 2023 | 7:53 am

BTCUSD

The Commodity Futures Trading Commission (CFTC) has announced itself as the leading enforcement agency in the cryptocurrency sector, launching a record number of cases this year. During the fiscal year 2023, the CFTC initiated 47 enforcement actions related to digital asset commodities, accounting for over 49% of the total enforcement actions. The CFTC's actions include cases against FTX, Binance, and Celsius Network. The agency's assertive stance aligns with calls from lawmakers for more coordinated regulatory efforts.

Portfolio Pulse from Mehab Qureshi

November 08, 2023 | 7:32 am

EWG

Germany's Consumer Price Index (CPI) for October remained steady at 0.0%, in line with estimates, but lower than the 0.3% recorded in the previous month.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 7:01 am

EWG

Germany's Consumer Price Index (CPI) for October was reported at 3.8%, in line with estimates but lower than the previous month's 4.5%.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 7:01 am

EWA

Australia's Building Approvals (MoM) have been reported at -4.6%, matching the estimated figure but showing a decrease from the prior 8.1%.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 5:22 am

ADAUSD

BTCUSD

ETHUSD

HOOD

MATICUSD

SOLUSD

Robinhood Markets Inc's CEO, Vlad Tenev, discussed the company's performance in the cryptocurrency market during the Q3 earnings call. He acknowledged the strong performance of Bitcoin and Ethereum, but noted subdued volume trends. Tenev also revealed plans for Robinhood to expand its services into the European Union. He addressed the delisting of certain cryptocurrencies, including Cardano, Polygon, and Solana, stating that regulatory clarity is crucial in such decisions. Robinhood reported a 55% drop in crypto trading revenues to $23 million in Q3 2023.

Portfolio Pulse from Mehab Qureshi

November 08, 2023 | 5:17 am

META

Former Meta Platforms Inc. (NASDAQ:META) engineer, Arturo Bejar, testified before a U.S. Senate subcommittee, alleging that Meta was aware of the risks teens faced on its platforms but failed to take sufficient protective action. Bejar's testimony comes amidst a bipartisan push in Congress to legislate parental control tools on social media platforms. Despite Meta's defense of its actions and commitment to safeguarding young users, this incident adds to the increasing pressure on social media platforms to proactively address the safety of their younger user base.

Portfolio Pulse from Benzinga Neuro

November 08, 2023 | 5:16 am