Streetbeat News

Regulatory

SEEL

Seelos Therapeutics shares fell after the company announced it received a delisting notification from Nasdaq.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 2:52 pm

AMD

NVDA

SMH

Chip stocks experienced a decline due to ASML's soft guidance and reports of potential US export curbs. This has affected companies like AMD, NVDA, and ETFs such as SMH.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 2:40 pm

AMD

ASML

INTC

NVDA

Chip stocks are trading lower due to ASML's soft guidance and potential US export curbs.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 2:39 pm

T

TMUS

VZ

The US Federal Communications Commission (FCC) has initiated a formal inquiry into the use of data caps by telecom companies, assessing their impact on consumers and competition. FCC Chair Jessica Rosenworcel highlighted concerns about data caps affecting small businesses, low-income families, and people with disabilities.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 2:29 pm

NVDA

UNH

USO

Oil prices fell after reports that Israel would not target Iranian oil. Healthcare stocks, including UnitedHealth, declined following Q3 earnings. The Biden administration is considering restricting chip exports to certain countries.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 2:00 pm

AMD

BTCUSD

DOGEUSD

ETHUSD

NVDA

TSLA

Tesla has introduced a 7-seat Model Y in the Netherlands amid a slowdown in EV sales in Europe. Meanwhile, Bitcoin, Ethereum, and Dogecoin have surged as stocks hit record highs. The Nasdaq is nearing a record high, and oil prices have plummeted. Cathie Wood's Ark Invest sold $5.7M of Robinhood shares while buying AMD stock. Nvidia and AMD face potential export curbs as the Biden administration considers restrictions.

Portfolio Pulse from Akanksha Bakshi

October 15, 2024 | 1:46 pm

GS

Goldman Sachs CEO David Solomon highlighted significant pent-up demand from clients and an increase in deal backlog. The firm expects alternatives fundraising to exceed $60 billion in 2024. However, there are ongoing concerns about the regulatory process.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 1:36 pm

XRP

Ripple has launched a new U.S. dollar-pegged stablecoin, RLUSD, aimed at enterprise applications. This comes as World Liberty, backed by Donald Trump, endorses stablecoins over Bitcoin. RLUSD is designed for cross-border payments and is supported by major exchanges and market makers. The stablecoin is issued under a New York Trust Company Charter, ensuring regulatory compliance.

Portfolio Pulse from Benzinga Neuro

October 15, 2024 | 1:30 pm

GNPX

Genprex has advanced to the highest dose group in its Acclaim-3 trial for Reqorsa gene therapy, in combination with Tecentriq, after receiving approval from the Safety Review Committee.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 1:29 pm

CRML

Critical Metals Corp (NASDAQ:CRML) has advanced its Tanbreez Rare Earth Mine project in Greenland by securing an extension for its exclusive exploitation license and completing a diamond drilling program. Rare earth material samples have been sent for testing.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 1:26 pm