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Regulatory

BSGM

BioSig Technologies has been awarded several new utility patents by the U.S. Patent and Trademark Office. These patents cover the company's PURE EP digital signal processing technology. This news has led to an increase in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 4:56 pm

SPY

Stanley Druckenmiller, who runs Duquesne Family Office, criticized the federal government for its spending habits, stating that it will negatively impact the markets. He noted that government spending has increased from 20% to 25% of GDP since the pandemic. He also expressed concern over the Biden administration's request for $106 billion in aid for Ukraine and Israel, and an additional $56 billion for emergency spending. Druckenmiller believes that these spending habits will lead to challenging times for the markets, especially given the geopolitical landscape and historically high multiples.

Portfolio Pulse from Adam Eckert

November 01, 2023 | 4:39 pm

EIS

SPY

U.S. President Biden has announced that American citizens will be evacuated from Gaza on Wednesday. The news does not directly mention any US-listed companies or ETFs.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 4:30 pm

LFLY

A study shows that home prices in states that have legalized recreational cannabis have surged $48,983 higher in the past decade compared to other states. In 23 states and Washington, D.C. where recreational marijuana use is legal, property values have risen by $185,075 since 2014, compared to $136,092 in states without. The study was conducted by Real Estate Witch, an online publication owned by Clever Real Estate, and Leafly, a leading online cannabis discovery marketplace. Leafly Holdings Inc (NASDAQ:LFLY) highlighted the benefits of recreational sales.

Portfolio Pulse from Jelena Martinovic

November 01, 2023 | 4:29 pm

AMZN

GOOG

IBM

META

MSFT

NVDA

PLTR

TSLA

Vice President Kamala Harris spoke at the U.K. AI Safety Summit, emphasizing the potential of AI for good and the need for regulation to prevent harm. She announced the AI Safety Institute, an AI Bill of Rights, and a commitment to responsible AI use by militaries. Harris also mentioned that 30 countries and 10 top philanthropies have joined the U.S. in these commitments. Key figures from companies like Tesla, OpenAI, Palantir Technologies, Nvidia, Microsoft, Alphabet, Meta Platforms, Amazon, Anthropic, IBM, and Samsung are expected to attend the event.

Portfolio Pulse from Chris Katje

November 01, 2023 | 4:05 pm

EIS

SPY

U.S. Speaker Johnson plans to bring an Israel Aid Bill to the floor despite the Budget Office score indicating a larger deficit. This could potentially impact the U.S. economy and subsequently, the stock market.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 3:58 pm

BRFH

Barfresh Food Group Inc. (BRFH) has regained compliance with the Nasdaq Stockholders Equity Requirement. This follows after the company's recent efforts to meet the minimum stockholders' equity of $2.5 million as required by Nasdaq.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 3:52 pm

ETHUSD

Decentralized finance (DeFi) protocol Onyx suffered a security breach resulting in a loss of about $2.1 million due to a flaw termed as 'precision loss'. The attacker took out a flash loan of a substantial amount of ETH, swapped it for PEPE, and manipulated the exchange rate. The vulnerability stemmed from an older forked rendition of Compound V2, a component deeply integrated into Onyx's foundational structure.

Portfolio Pulse from Murtuza Merchant

November 01, 2023 | 3:35 pm

RUN

MuddyWatersResearch is set to publish a rebuttal to Sunrun Inc.'s (RUN) response to their presentation. They suggest that Sunrun's subscriber metric is arbitrary and that the company may be over-claiming hundreds of millions of dollars in tax credits annually from the IRS.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 3:27 pm

MCD

McDonald's has clarified that it is not funding or supporting any governments involved in the Middle East conflict. The company also stated that any actions taken by local developmental licensee business partners were made independently without the company's consent or approval.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 3:14 pm