Streetbeat News

Regulatory

MSOS

Beau Whitney, Founder & Chief Economist at Whitney Economics, highlights the growth potential in the retail cannabis sector, noting that cultivation is oversubscribed due to excessive licensing. He suggests a state-by-state approach to tap into the $48 billion investment potential by 2030.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 2:06 pm

PRPO

Precipio, Inc. has launched a new version of its Bloodhound MPN panel, which can now distinguish between CALR Type 1 and Type 2 mutations. This advancement aligns with the latest NCCN guidelines and is unique in the market.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 2:04 pm

LUNA

Luna Innovations shares are experiencing a decline following a notification from Nasdaq regarding compliance with listing rules.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 2:03 pm

MSOS

Beau Whitney, Founder & Chief Economist at Whitney Economics, discusses an upcoming report analyzing cannabis market dynamics across different states. The report examines legal consumer participation, licensing needs, and market saturation, suggesting some states may not require new licenses for the next decade.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 2:01 pm

JPM

SPY

JP Morgan CEO Jamie Dimon suggests that interest rates could remain stable or increase slightly. JP Morgan has hired 1,000 AI workers, and Dimon supports the Federal Reserve's decision to reduce rates by 50 basis points.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 1:52 pm

RBLX

Chinese stocks fell due to concerns over stimulus measures, and copper prices also declined. Hindenburg Research issued a short report on Roblox, potentially impacting its stock price.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 1:33 pm

CRC

Colorado School of Mines and Carbon TerraVault, a subsidiary of California Resources Corporation (CRC), received $8.9 million from the DOE for a CarbonSAFE project in California. The project aims to store up to 71 million metric tons of CO2, aligning with California's carbon neutrality goals.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 1:03 pm

ICU

SeaStar Medical Holding Corporation (NASDAQ:ICU) has expanded its NEUTRALIZE-AKI pivotal trial by adding Brooke Army Medical Center and the United States Army Institute of Surgical Research. The trial evaluates the safety and efficacy of SeaStar's Selective Cytopheretic Device (SCD) for treating acute kidney injury in ICU patients. The SCD has FDA Breakthrough Device Designation and CMS Category B coverage for certain expenses.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 12:48 pm

OGEN

Oragenics has completed a study for its concussion drug ONP-002 and is preparing to move forward with human testing. This development marks a significant step in the drug's progress towards potential market availability.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 12:46 pm

IVDA

Iveda has filed a second patent for its LevelNOW liquid storage management solution, featuring a new vent cap for oil drums. This innovation aims to enhance fluid measurement accuracy and prevent losses in the oil and gas industry.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 12:43 pm