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Regulatory

MATH

Metalpha Technology Holding Limited (NASDAQ:MATH) has received a notice of deficiency from Nasdaq due to the delayed filing of its annual report for the fiscal year ended March 31, 2023. The company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of periodic reports with the SEC. This notice has no immediate effect on the listing or trading of Metalpha's ordinary shares on the Nasdaq Capital Market.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 9:45 am

AZN

AstraZeneca will present 19 abstracts at the European Society of Cardiology Congress, including data on heart failure management and chronic diseases. Notably, new data from the DELIVER and DAPA-HF trials will assess the efficacy of Forxiga in heart failure patients with deteriorating kidney function.

Portfolio Pulse from Charles Gross

August 21, 2023 | 9:03 am

BTCUSD

ETHUSD

XRPUSD

Ripple's native token XRP has seen a 2% rise in the past 24 hours, leading to the liquidation of over $2.6 million worth of XRP shorts. This gain outperformed major cryptocurrencies such as Bitcoin and Ethereum. The rise comes amid an ongoing legal battle between the Securities and Exchange Commission (SEC) and Ripple Labs. The SEC is seeking an appeal in the case, following a ruling that XRP is not considered a security when sold on digital asset exchanges.

Portfolio Pulse from Mehab Qureshi

August 21, 2023 | 7:16 am

GS

Malaysia's Prime Minister, Anwar Ibrahim, is considering lawsuits against Goldman Sachs (NYSE:GS) over the 1MDB money laundering scandal. In 2020, Goldman Sachs agreed to repay $3.9 billion to Malaysia in exchange for the withdrawal of criminal charges related to the scandal. However, the current administration disputes this amount, arguing it is insufficient. The bank is obliged to return at least $1.4 billion in recovered assets to Malaysia by August 2025.

Portfolio Pulse from Benzinga Neuro

August 21, 2023 | 7:08 am

EWG

VGK

Germany's Producer Price Index (PPI) for July has decreased by 1.1%, which is significantly lower than the estimated 0.2% decrease and the prior 0.3% decrease.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 6:00 am

EXEL

IPSEY

Exelixis and Ipsen have announced results from their Phase 3 CONTACT-02 trial, which evaluated the combination of Cabozantinib and Atezolizumab in treating metastatic castration-resistant prostate cancer.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 5:27 am

CALT

Calliditas Therapeutics has received FDA priority review for full approval of Nefecon, a treatment for IgA Nephropathy. This could potentially lead to a significant increase in the company's revenues if the drug is approved.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 5:24 am

FXI

The People's Bank of China has increased its Loan Prime Rate to 3.45% from the previous 3.55%, which is higher than the estimated 3.40%.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 4:23 am

GM

GOOG

GOOGL

California’s Department of Motor Vehicles (DMV) has instructed General Motors Co’s (NYSE:GM) Cruise to withdraw 50% of its operating vehicles off roads after one of its autonomous cars crashed with an emergency vehicle. The DMV is investigating 'recent concerning incidents' involving Cruise vehicles in San Francisco. Alphabet Inc‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) autonomous driving tech unit Waymo and Cruise received a driverless deployment permit for 24×7 fared operation in San Francisco from the California Public Utilities Commission on Aug. 10.

Portfolio Pulse from Anan Ashraf

August 21, 2023 | 2:46 am

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies experienced mixed trading following market turmoil. A court decision regarding the dispute between Grayscale and U.S. regulators, which could have positively impacted Bitcoin's price, did not materialize. Bitcoin's price fell by approximately 11% last week, marking its worst weekly return since November. The global crypto market capitalization stands at $1.06 trillion, a 0.47% increase in the last day. Analysts suggest that Bitcoin ETF rulings could impact the market, and some traders are nervous about potential negative outcomes.

Portfolio Pulse from Mehab Qureshi

August 21, 2023 | 2:40 am