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Regulatory

AUMN

Golden Minerals Company has filed an updated technical report for a preliminary economic assessment of Velardeña Properties. The report is expected to provide new insights into the economic viability of the properties.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 10:50 am

AAPL

Apple Inc. (NASDAQ:AAPL) is facing protests for its decision to abandon plans to scan iPhones for child sexual abuse material (CSAM). Protestors, including the Heat Initiative, a collective of child safety experts and advocates, have set up banners in front of Apple Park. Apple had initially planned to scan iPhones and iCloud for CSAM, but faced backlash from privacy advocates and subsequently called off the plan. Instead, Apple has implemented on-device CSAM detection within apps themselves.

Portfolio Pulse from Rounak Jain

September 15, 2023 | 10:44 am

ARM

Instacart is considering revising its IPO target price upwards to $28 - $30 per share, following the successful IPO debut of Arm Holdings Plc. The company's shares are expected to start trading on the Nasdaq exchange under the ticker 'CART'. If the higher pricing is pursued, Instacart's fully diluted valuation could reach nearly $10 billion. This decision reflects the growing investor appetite for IPOs. The company's revenue grew by 31% to $1.5 billion, with advertising and other businesses contributing to about 24% of this growth.

Portfolio Pulse from Anusuya Lahiri

September 15, 2023 | 10:19 am

PTCT

The Committee for Medicinal Products for Human Use of the European Medicines Agency has given a negative opinion on the conversion of the conditional approval to full approval of PTC Therapeutics' Translarna. The negative opinion also applies to the renewal of the existing conditional authorization. PTC plans to submit a request for re-examination and Translarna will remain on the market until the re-examination process is completed.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 10:03 am

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