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SPIKE

SPY

The SPDR S&P 500 (SPY) rose over 0.8% on Thursday, breaking through heavy resistance near the $421 level, following the U.S. House of Representatives passing the debt ceiling agreement. If the SPY continues to trade higher, the current uptrend will be confirmed as intact.

Portfolio Pulse from Melanie Schaffer

June 01, 2023 | 8:54 pm

NKLA

Nikola Corp's CEO believes the company will regain Nasdaq compliance and is considering a reverse stock split if the stock does not trade above $1 to comply with Nasdaq rules.

Portfolio Pulse from Bill Haddad

June 01, 2023 | 8:46 pm

ATHX

Athersys, Inc. has begun patient enrollment in the third and final cohort of the Phase 2 MATRICS-1 clinical study evaluating MultiStem in patients following resuscitation from hemorrhagic trauma. The study is conducted at UTHealth Houston and Memorial Hermann-Texas Medical Center, with support from MTEC and the Department of Defense.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 8:43 pm

SPY

President Biden announced on Twitter that due to clean energy investments, there will be a 25% increase in solar, wind, and battery deployment over the next four years.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 8:40 pm

FPAY

FlexShopper has regained compliance with Nasdaq's minimum bid price requirement, as its common stock has maintained a closing bid price of $1.00 per share or more for 10 consecutive business days.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 8:37 pm

DB

A US judge has asked lawyers for Deutsche Bank and Jeffrey Epstein victims to revise their proposed $75 million settlement by June 12.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 8:35 pm

BAC

C

FTXO

JPM

KBE

KBWB

WFC

A bipartisan bill proposed by Senators Elizabeth Warren and J.D. Vance aims to punish CEOs and executives of large banks that fail by requiring the FDIC to reclaim three years' worth of compensation. The bill is a response to the collapse of Silicon Valley Bank and President Biden's call for stronger accountability for senior bank executives.

Portfolio Pulse from Natan Ponieman

June 01, 2023 | 8:26 pm

TCBK

Trico Bancshares has filed for a mixed shelf offering with the SEC, but the size of the offering has not been disclosed.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 8:21 pm

LILM

Lilium has regained compliance with Nasdaq listing rules, avoiding potential delisting.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 8:19 pm

MIRO

Miromatrix Medical Inc. (NASDAQ:MIRO) announced that CEO Jeff Ross, Ph.D., will resume leadership of the R&D organization after the departure of John Barry as Vice President of R&D. The transition will not impact the company's timelines and milestones, including the submission of a response to the FDA's clinical hold letter in H2 2023.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 8:04 pm