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GOOG

GOOGL

British politicians are seeking answers from Elon Musk and X CEO Linda Yaccarino regarding the presence of British actor Russel Brand on X (formerly Twitter). This comes as mainstream British channels have removed all of Brand's content and YouTube has demonetized his channel. Musk has been posting on the platform stating that this is 'censorship'.

Portfolio Pulse from Rounak Jain

September 21, 2023 | 7:44 am

MESO

Mesoblast Limited (NASDAQ:MESO) has provided an update on the path to approval for its lead-product candidate remestemcel-L in the treatment of pediatric and adult steroid-refractory acute graft versus host disease (SR-aGVHD). The FDA clarified that the key remaining issue for pediatric approval is providing further evidence that the potency assay will assure the consistent efficacy of the commercial product. Mesoblast intends to generate new potency assay data for RYONCIL in the coming months and believes these additional data will provide a link between the RYONCIL product used in the Phase 3 trial and the RYONCIL product which will be used in a future trial for the adult indication.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 7:33 am

SPY

The Securities and Exchange Commission (SEC) has adopted new rules to prevent misleading or deceptive investment fund names. The rule enhancements aim to ensure that the names of investment funds accurately represent their investments.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 7:07 am

ARGX

Health Canada has approved argenx's VYVGART for sale in the treatment of Generalized Myasthenia Gravis. This approval could potentially boost the company's revenues.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 6:30 am

C

Following a $1.8 billion money laundering scandal last month, Singapore-based banks have increased scrutiny towards clients of Chinese origin with foreign passports. Several financial institutions are re-evaluating new account applications and transactions related to these clients. Banks involved in the scandal include Credit Suisse, Julius Baer Group Ltd., Citigroup Inc., Oversea-Chinese Banking Corp., and United Overseas Bank Ltd. The Monetary Authority of Singapore is in discussions with these institutions regarding the potentially contaminated funds.

Portfolio Pulse from Benzinga Neuro

September 21, 2023 | 5:30 am

BTCUSD

Republican presidential candidate Vivek Ramaswamy has announced plans to release a comprehensive crypto policy framework by Thanksgiving. He criticized regulatory agencies and discussed the disruptive potential of blockchain technology in traditional finance. At the time of writing, Bitcoin was trading at $27,012, up 1.56% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

September 21, 2023 | 4:20 am

ENVB

Enveric Biosciences (NASDAQ:ENVB) has been granted a new patent by the U.S. Patent and Trademark Office (USPTO) for the novel composition of matter and methods of use on the psilocybin-based molecules series EVM301. The patent provides Enveric with IP rights for novel compositions and pharmaceutical drug formulations for a family of carboxylated derivatives of tryptamine-based drug candidates. The company expects the patent to add value to its EVM301 compounds series, currently undergoing lead optimization and preclinical characterization.

Portfolio Pulse from Lara Goldstein

September 21, 2023 | 4:00 am

TSLA

SpaceX CEO Elon Musk expressed frustration over the delay in procuring a modified launch license for the second flight of its Starship, blaming the U.S. Fish and Wildlife (FWS) for not starting a formal review of SpaceX's upgrades. The Federal Aviation Administration (FAA) cannot provide SpaceX with a new launch license until the FWS consultation is complete, potentially delaying the next launch by months. SpaceX has already implemented the fixes recommended by the FAA for a second flight and is now awaiting a modified license.

Portfolio Pulse from Anan Ashraf

September 21, 2023 | 3:53 am

BTCUSD

DOGEUSD

ETHUSD

GOOGL

MSFT

NVDA

Major cryptocurrencies Bitcoin, Ethereum, and Dogecoin saw a decrease in value following hawkish remarks by Fed Chair Jerome Powell. The Federal Reserve decided to maintain its current monetary policy, keeping the benchmark interest rate unchanged at 5.25% to 5.50%. However, Fed officials revised their projections for next year, indicating a higher expected interest rate of around 5.1%. Stocks also slipped following the announcement, with Microsoft, Nvidia, and Alphabet experiencing declines. Crypto analysts predict that Bitcoin is likely to start trending up, while Ethereum dominance may decrease over the next few months.

Portfolio Pulse from Mehab Qureshi

September 21, 2023 | 2:47 am

PYPL

PayPal Holdings Inc (NASDAQ:PYPL) has announced that its stablecoin PYUSD, launched six weeks ago, is now compatible with numerous blockchain platforms and has secured a spot in the New York Department of Financial Services (NYDFS) greenlist. The company also revealed that Venmo users will be able to receive transfers from individuals using compatible external wallets and merchants accepting payments in PYUSD. The rollout is currently only for select users, with a complete rollout expected in the coming weeks. PYUSD is backed by cash reserves and U.S. Treasury reverse repurchase agreements.

Portfolio Pulse from Khyathi Dalal

September 20, 2023 | 9:43 pm