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Regulatory

ELYS

Elys Game Technology has introduced its new U.S.-focused online and mobile sportsbook brand, www.SportBet.com. The platform will offer U.S.-based customers a unique way to engage with and bet on their favorite sports. The company plans to expand its online sports betting footprint into multiple U.S. jurisdictions in Q4 2023, subject to regulatory approvals. The global sports betting market size is estimated to exceed $180 billion by 2030, and the U.S. mobile market has grown extensively since 2018.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 12:45 pm

UUP

The Consumer Price Index (CPI) for September surpassed expectations, growing at a 3.7% YoY pace, which is putting pressure on the Federal Reserve to consider raising interest rates. The U.S. dollar, as tracked by the Invesco DB USD Index Bullish Fund ETF (NYSE:UUP), rose 0.3% after the CPI report, while futures on the S&P 500 turned negative.

Portfolio Pulse from Piero Cingari

October 12, 2023 | 12:42 pm

LAES

WKEY

WISeKey International Holding Ltd.'s subsidiary SEALSQ Corp. has achieved ISO 14001 certification, a global standard for setting out criteria for an Environmental Management System. The certification indicates that SEALSQ has a framework for measuring and improving its environmental impact and climate risks, and has implemented a structured path to mitigate them. The company is committed to achieving a number of environmental objectives including reduction of e-waste, elimination of plastic in packaging and implementation of proactive energy efficiency measures.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 12:38 pm

DVA

DaVita Inc. has issued a statement in response to Novo Nordisk's FLOW study on Ozempic, a drug for type 2 diabetes, which aims to show that it delays the progression of chronic kidney disease (CKD) and lowers the risk of kidney and cardiovascular mortality. DaVita's chief medical officer, Dr. Jeff Giullian, stated that while it's too early to draw conclusions from the study, they believe its findings may have limited application to the overall CKD patient population. Novo Nordisk plans to release the FLOW study in the first half of 2024.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 12:36 pm

SPY

The initial jobless claims in the USA came in at 209K, slightly below the estimated 210K.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 12:31 pm

SPY

The Core CPI (YoY) for September has met the estimated value of 4.1%.

Portfolio Pulse from Bill Haddad

October 12, 2023 | 12:31 pm

SPY

The USA Consumer Price Index (CPI) for September was reported at 3.7%, which is in line with the previous month and slightly above the estimated 3.6%.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 12:30 pm

SPY

The USA Consumer Price Index (CPI) for September increased by 0.4%, beating the estimated 0.3% and higher than the previous month's 0.6%.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 12:30 pm

SPY

The Core CPI (MoM) for September has met the estimated value of 0.3%.

Portfolio Pulse from Bill Haddad

October 12, 2023 | 12:30 pm

HSAI

OUST

The U.S. International Trade Commission (ITC) has terminated a patent infringement investigation initiated by Ouster (NYSE:OUST) against Hesai Group (NASDAQ:HSAI). The ITC confirmed Hesai's motion to terminate the investigation, affirming that Ouster's allegations were baseless. Hesai has accused Ouster of spreading false information about Hesai's lidar products and its ties to the Chinese government.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 12:20 pm