Streetbeat News

Regulatory

VGK

The Eurozone trade balance for July was reported at 6.5 billion euros, significantly lower than the prior figure of 23 billion euros.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 9:01 am

VGK

The year-on-year wage growth in the Eurozone for Q2 was reported at 4.60%, lower than the revised prior figure of 4.90%.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 9:00 am

BTCUSD

TSLA

Bitcoin's renewable energy usage for mining has reportedly crossed the 50% mark, meeting the criteria set by Tesla for reconsidering Bitcoin payments. This change is primarily due to the dispersion of miners following China’s mining ban last year and the active pursuit of renewable energy sources by several countries. Despite this, Tesla's CEO Elon Musk has not yet confirmed any updates to Tesla’s Bitcoin payment policy.

Portfolio Pulse from Benzinga Neuro

September 15, 2023 | 8:10 am

BTC-USD

The Republican party is pushing for legislation to prevent the launch of a Central Bank Digital Currency (CBDC) in the United States. The House Financial Services Committee debated three bills aimed at limiting the Federal Reserve's power to create a CBDC. Concerns around the CBDC include its potential impact on traditional banking and the risk of it outcompeting the stablecoin market. Democrats, however, are advocating for continued research into the CBDC. Bitcoin (CRYPTO: BTC) was trading at $26,584, up 1.32% in the last 24 hours.

Portfolio Pulse from Benzinga Neuro

September 15, 2023 | 8:04 am

EWQ

France's Harmonised Index of Consumer Prices (HICP) for August was reported at 1.1%, in line with estimates and higher than the 1% reported in the previous month.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 6:53 am

EWQ

France's Consumer Price Index (CPI) for August matched the estimated 1%, showing an increase from the prior 0.1%.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 6:53 am

ARGX

argenx has received a positive recommendation from the Committee for Medicinal Products for Human Use (CHMP) for its subcutaneous injectable Efgartigimod for the treatment of adult patients with generalized myasthenia gravis in Europe.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 6:51 am

ARM

LITB

NVDA

The CNN Money Fear and Greed index showed an improvement in investor sentiment, with U.S. stocks closing higher. ARM Holdings' shares jumped over 24% on its U.S. stock market debut after its Nvidia acquisition fell through. Economic data showed producer prices and retail sales in the U.S. rose more than expected. The Dow Jones, S&P 500, and Nasdaq Composite all closed higher. Investors are awaiting earnings results from LightInTheBox Holding.

Portfolio Pulse from Lisa Levin

September 15, 2023 | 5:57 am

IOVA

The FDA has extended the PDUFA date for Iovance Biotherapeutics' Lifileucel BLA Priority Review to February 24, 2024 due to resource constraints.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 5:40 am

DOGEUSD

Dogecoin co-creator Billy Markus criticized President Joe Biden's proposal to tax billionaires, arguing that it has increased the national debt. Markus also referred to Senator Elizabeth Warren as a 'phony piece of garbage' for her criticisms of Elon Musk. Meanwhile, Bitcoin was trading at $26,307, up 0.32% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

September 15, 2023 | 4:54 am