Streetbeat News

Regulatory

AMZN

GOOG

GOOGL

META

SNAP

SPY

The U.S. Supreme Court is set to consider the legality of state restrictions on social media content moderation. This could potentially impact the operations of major tech companies.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 1:31 pm

FITB

The Securities and Exchange Commission (SEC) has charged 10 firms, including Fifth Third Securities Inc., with widespread recordkeeping failures. Fifth Third Securities has agreed to pay an $8 million penalty.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 1:21 pm

IBKR

The SEC has charged 10 firms, including Interactive Brokers Corp. and its affiliate Interactive Brokers LLC, with widespread recordkeeping failures. Interactive Brokers has agreed to pay a $35M penalty.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 1:20 pm

ICU

SeaStar Medical has been granted Breakthrough Device Designation by the FDA for its Selective Cytopheretic Device for Cardiorenal Syndrome. This has led to a rise in the company's stock.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 1:13 pm

OPGN

OpGen has requested to withdraw its registration statement on Form S-1, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 1:11 pm

FHN

First Horizon has announced the results of its 2023 company-run stress test, demonstrating resilience and a strong capital position. The company's minimum common equity tier 1 capital ratio was 8.7%, reflecting an additional $4 billion of pre-tax loss absorption capacity beyond the required regulatory minimums. The company's loan portfolio stressed loss rate was 2.3%, below the Federal Reserve-published median CCAR-bank result.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 1:10 pm

UTEN

The August Personal Consumption Expenditure (PCE) Price Index report showed mixed results, with the headline PCE price index increasing to 3.5% year-on-year, matching forecasts. The core PCE price index, excluding energy and food items, dropped to 3.9% year-on-year. Personal income and spending both increased by 0.4% in August. The US Treasury 10 Year Note ETF (NYSE:UTEN) is down nearly 4% this month. Traders assign an 85% probability to the Fed maintaining interest rates steady in the upcoming November FOMC meeting.

Portfolio Pulse from Piero Cingari

September 29, 2023 | 1:09 pm

LGST

Semper Paratus Acquisition Corporation has regained compliance with certain Nasdaq listing requirements.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 12:55 pm

SPY

Senator Dianne Feinstein has passed away at the age of 90, as reported by Fox News. The news may have implications on the SPY ETF due to potential political shifts.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 12:50 pm

BLK

BTCUSD

SPY

The SEC has delayed Bitcoin ETF proposals from Blackrock and Valkyrie. Elon Musk has been censored on his own app. S&P 500 and Nasdaq futures point to a strong open ahead of key inflation data. More than $7M has been bet on Howard Hughes. Nike, OPKO Health, and other big stocks are moving higher in Friday's pre-market session. Investor fear is easing as US stocks rise following economic reports. Robert Kiyosaki is back to loving Bitcoin, thanks to fear of CBDCs. Pepe Coin is outpacing Dogecoin and Shiba Inu with a 12% surge. Bitcoin, Ethereum, and Dogecoin spike as Valkyrie Funds secures SEC approval for ETH ETF futures.

Portfolio Pulse from Akanksha Bakshi

September 29, 2023 | 12:47 pm