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Regulatory

ASLE

BA

AerSale is nearing the conclusion of the FAA certification process for its enhanced flight vision system, AerAware, which is applicable to the Boeing 737NG and MAX aircraft.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 8:09 pm

BYSI

BeyondSpring has received a notice from Nasdaq regarding its failure to meet the minimum bid price requirements. The company's shares have been trading below $1.00, which is the minimum bid price requirement for continued listing on the Nasdaq Stock Market.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 7:59 pm

BTCUSD

Despite the arrest of FTX co-founder Sam Bankman-Fried and the collapse of his cryptocurrency exchange FTX, Bitcoin's price has rallied over 60%. The downfall of FTX was due to unsustainable layers of deception, including the disappearance of $1 billion in customer funds. Despite these setbacks, investor support for Bitcoin remains strong. Crypto services provider Matrixport estimates Bitcoin to peak at $37,000 by the end of the year.

Portfolio Pulse from Khyathi Dalal

October 04, 2023 | 7:37 pm

FXI

SPY

U.S. Commerce Secretary Gina Raimondo has announced that she hopes to make some funding announcements related to chips this fall. She also stated that the Commerce Department needs new enforcement funding and supports legislation to address security concerns raised by foreign apps.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 7:30 pm

ALDX

Knoll Capital Management has acquired a 6.1% passive stake in Aldeyra Therapeutics, according to a Form 13G filing with the SEC.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 7:29 pm

SPY

TUR

VGK

Turkey is preparing to host the next gathering of national security advisers to build support for a Ukraine peace summit, according to a Bloomberg reporter post.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 7:22 pm

NVAX

The FDA has granted emergency use authorization to Novavax Inc's COVID-19 Vaccine, Adjuvanted (2023-2024 Formula) (NVX-CoV2601) for individuals aged 12 and older. The approval comes at a time when the demand for COVID-19 vaccines is increasing. Novavax has a contracted price of $72.5/dose with the CDC and a price of $130/dose subject to insurance/pharmacy-level rebates and discounts. Despite the positive news, NVAX shares are down 6%.

Portfolio Pulse from Vandana Singh

October 04, 2023 | 7:19 pm

FNGR

FingerMotion, Inc. (NASDAQ:FNGR) shares are trading higher after the company responded to a short seller report by Capybara Research, which it described as containing errors and inaccuracies. The company's management and Board of Directors plan to continue reviewing the report and take necessary actions to protect shareholder interests. FingerMotion recently filed a Form S-3 registration statement for $300 million of securities, of which $25 million has been allocated to an at-the-market offering.

Portfolio Pulse from Ryan Gustafson

October 04, 2023 | 7:18 pm

SPY

A Fitch analyst has stated that a U.S. government shutdown will not affect the U.S. AA+ Stable Sovereign Rating, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 7:12 pm

SPY

A Fitch analyst predicts that the ousting of the U.S. House Speaker will likely result in tense negotiations around government funding, and a government shutdown later this year cannot be ruled out.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 7:11 pm