Streetbeat News

Regulatory

SRPT

Sarepta Therapeutics' shares have been halted due to pending news.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 5:34 pm

GRPN

Groupon shares are trading higher despite the company announcing it is not in compliance with Nasdaq listing requirements and plans to regain compliance.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 4:54 pm

BAC

GS

JPM

MS

WFC

XLF

Federal Reserve Chairman Jerome Powell hinted at a potential 20% increase in capital requirements for US banks, particularly those with over $100 billion in assets, during a Senate committee testimony. He also mentioned the possibility of two more interest rate hikes in 2023 if the economy continues to perform as projected.

Portfolio Pulse from Piero Cingari

June 22, 2023 | 4:26 pm

AMZN

IRBT

The European Union's antitrust regulators are set to launch a full-scale investigation into Amazon's $1.7 billion acquisition of iRobot. The news led to a 10% drop in iRobot shares and a reduction in gains for Amazon shares.

Portfolio Pulse from Benzinga Newsbot

June 22, 2023 | 4:11 pm

MSFT

SPY

OpenAI CEO Sam Altman stated at the Bloomberg Summit that no single person, including himself, should be trusted with AI technology decisions. He emphasized the importance of collective decision-making.

Portfolio Pulse from Happy Mohamed

June 22, 2023 | 4:08 pm

AMD

BLK

NVDA

QQQ

SMH

SPY

TSLA

WT

Fear has evaporated in the stock market, with greed taking over. Wall Street's fear gauge VIX dropped as S&P 500 ETF SPY, Invesco QQQ Trust Series 1, Tesla, NVIDIA, and VanEck Semiconductor ETF fell. Jobless claims came in at 264K, and central banks in the UK, Norway, and Switzerland raised interest rates.

Portfolio Pulse from The Arora Report

June 22, 2023 | 4:07 pm

AMZN

GOOG

GOOGL

MSFT

NVDA

OpenAI CEO Sam Altman discussed the importance of global regulation in ensuring AI safety at the Bloomberg Technology Summit. He mentioned major tech companies like Amazon, Google, Alphabet, Microsoft, and Nvidia as key players in the AI industry.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 3:55 pm

SPY

Federal Reserve Chairman Jerome Powell stated that further capital increases will be considered but will need to be justified.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 3:54 pm

SPY

Federal Reserve Chairman Jerome Powell stated that rate cuts will have to wait until the Fed is confident that inflation is moving down to 2%. This statement may impact the stock market and ETFs like SPY.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 3:47 pm

SPY

Federal Reserve Chairman Jerome Powell stated that the Fed's median projections include some rate cuts next year, but the decision will depend on the economy. He also mentioned that inflation has been more persistent than expected.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 3:47 pm