Streetbeat News

Regulatory

SRPT

Shares of Sarepta Therapeutics have been halted due to pending news.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:01 pm

EIS

SPY

USO

John Kirby, the White House's NSC Coordinator for Strategic Communications, has stated that they do not believe a ceasefire is the right answer now. This could potentially impact the geopolitical landscape and related assets.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 7:56 pm

BNTX

MRNA

PFE

SPY

The CDC anticipates that the upcoming fall and winter respiratory disease season will likely result in a similar number of hospitalizations as the previous season.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 7:23 pm

GOOG

GOOGL

MSFT

NVDA

President Joe Biden has issued an executive order establishing new standards for AI safety and security. The order requires leading AI companies to share safety results and other relevant information with the U.S. government. It also mandates the National Institute of Standards to develop new tools and tests to ensure AI systems' safety and security. The order will impact major U.S. tech companies such as OpenAI, Microsoft Corp, Alphabet Inc, and NVIDIA Corp.

Portfolio Pulse from Aaron Bry

October 30, 2023 | 6:52 pm

USTUSD

Terraform Labs and its co-founder, Do Kwon, have defended themselves in court against the U.S. Securities and Exchange Commission's (SEC) allegations of fraud, arguing that the SEC has not provided solid evidence. The SEC alleges that Terraform and Kwon participated in a large-scale fraud by selling unregistered securities, causing substantial losses to investors. The case has garnered significant attention in the digital assets sector.

Portfolio Pulse from Murtuza Merchant

October 30, 2023 | 6:49 pm

EIS

ELALF

IZRL

QQQ

SPY

The Israeli Defense Forces and Shin Bet security agency have successfully rescued a soldier captured by Hamas. Israeli Prime Minister Benjamin Netanyahu has rejected the idea of a ceasefire. U.S. Senate Minority Leader Mitch McConnell is advocating for combined aid for Ukraine and Israel, despite House GOP efforts to pursue a separate Israel aid package offset by budget cuts. El Al Israel Airlines Ltd. (OTCPK: ELALF) has altered its flight routes to southeast Asia, extending flight durations. The Israeli shekel rose 1.2% and the iShares MSCI Israel ETF (NYSE:EIS) rallied 4.1%. Cathie Wood’s ARK Israel Innovative Technology ETF (NYSE:IZRL) rose 1.6%. U.S. stocks also saw gains, with the SPDR S&P 500 ETF Trust (NYSE:SPY) and the Invesco QQQ Trust (NASDAQ:QQQ) up 1.1%.

Portfolio Pulse from Piero Cingari

October 30, 2023 | 6:45 pm

EIS

SPY

USO

VGK

Russian President Putin has accused the ruling elites of the U.S. and their satellites of being behind the massacre of Palestinians and events in the Middle East, Ukraine, Iraq, and Syria. He suggests that the key to resolving the conflict is the creation of a Palestinian state.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 6:29 pm

EIS

SPY

USO

VGK

Russian President Putin has accused the U.S. ruling elites of benefiting from global instability, particularly in the Middle East. He suggests that these elites do not desire lasting peace in the region, but rather chaos.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 6:27 pm

NUBANK

USDTUSD

Brazil's revenue service agency reports that 80% of all cryptocurrency transactions in the country are done in stablecoin Tether (USDT), with transaction volumes reaching around $55 billion as of mid-October, almost double the volume of Bitcoin. The country's government has been tracking crypto-related activities since 2019 and recently passed legislation recognizing cryptocurrencies as 'financial assets' for tax purposes in foreign investments. Brazil's largest digital bank, Nubank, announced in May 2022 that users can now purchase and sell Bitcoin and Ether on its platform.

Portfolio Pulse from Khyathi Dalal

October 30, 2023 | 6:24 pm

EIS

SPY

The U.S. State Department has reported that Hamas is making several demands before it will allow American citizens to leave Gaza. The situation could potentially affect U.S. foreign policy and international relations.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 5:58 pm