Streetbeat News

Regulatory

LAZY

Lazydays has announced an amendment to its previously announced S-1 Registration Statement for a $100M rights offering.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 6:23 am

ILMN

Illumina's GRAIL has published the final results from its PATHFINDER study, a multi-cancer early detection blood test, in The Lancet. The results could have significant implications for early cancer detection and treatment.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 6:07 am

EWG

Germany's factory orders for August have significantly exceeded estimates, coming in at 3.9% compared to the 1.8% estimate. This is a substantial improvement from the previous month's revised figure of -11.3%.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 6:03 am

EWU

The U.K. Halifax House Price Index for September shows a decrease of 0.4%, which is better than the estimated decrease of 0.8%. The prior figure was revised to -1.8%.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 6:02 am

TSLA

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk, accusing him of failing to comply with a subpoena related to his 2022 Twitter stock purchase. Musk responded by calling for a comprehensive overhaul of regulatory agencies. Musk had previously expressed interest in buying all Twitter shares he didn't already own, but later changed his mind due to the prevalence of spam and fake accounts on the platform.

Portfolio Pulse from Ananya Gairola

October 06, 2023 | 5:15 am

INDA

The Reserve Bank of India has decided to keep its interest rate unchanged at 6.50%. This decision may affect the performance of India-focused ETFs, such as INDA.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 4:46 am

BTCUSD

ETHUSD

The US Treasury's Office of Foreign Assets Control (OFAC) has flagged a group of cryptocurrency wallets linked to the illegal fentanyl trade, primarily based in China. The flagged entities include five individuals and one company, Valerian Labs. The wallets received nearly $3.8 million in cryptocurrency across Bitcoin, Ethereum, and Tron networks. Senator Elizabeth Warren has proposed a bill to crack down on crypto funding crimes. Bitcoin's price is down 0.50% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

October 06, 2023 | 4:07 am

GDX

QQQ

TAN

TLT

UUP

The Bureau of Labor Statistics will release the September jobs report on Friday, which is expected to show a decline in non-farm payrolls from 187,000 in August to 170,000 in September. The report could influence the Federal Reserve's decision on interest rates. Five ETFs that could be impacted by the report are Invesco DB USD Index Bullish Fund (UUP), iShares 20+ Year Treasury Bond (TLT), Invesco QQQ Trust Series 1 (QQQ), Invesco Solar ETF (TAN), and VanEck Gold Miners ETF (GDX).

Portfolio Pulse from Piero Cingari

October 05, 2023 | 10:02 pm

AMLX

Amylyx Pharmaceuticals has provided an update on the Accès Compassionnel for its drug AMX0035 in France. The company did not disclose specific details in the news.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 9:28 pm

TSLA

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Tesla Inc's CEO, Elon Musk, seeking his testimony over his 2022 Twitter purchase. The SEC launched an investigation to determine if securities fraud was committed during Musk's Twitter takeover. Musk reportedly bought Twitter shares before taking it private in a $44 billion deal. The SEC has tried to meet with Musk multiple times, but he has refused, citing various reasons including harassment.

Portfolio Pulse from Adam Eckert

October 05, 2023 | 9:03 pm