Streetbeat News

Regulatory

AAPL

FXI

Apple has removed over a hundred apps offering ChatGPT-like services from its China store due to upcoming regulations on generative artificial intelligence (AI) in the country. The apps were removed from China's iOS app store on Tuesday, including popular apps like Spark and ChatGAi Plus. The move comes as China is set to implement the world's earliest and most detailed regulation on generative AI models on August 15, which will require companies to promote healthy content and adhere to core socialist values.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 9:27 am

NTR

SPY

VGK

Russia is considering introducing an export duty on fertilizers at 8% for a period of 1.5 years, according to Reuters citing IFAX. This could potentially impact companies like Nutrien Ltd. (NTR) that are involved in the fertilizer industry.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 9:26 am

BLK

MSCI

BlackRock Inc (NYSE:BLK) and MSCI Inc (NYSE:MSCI) are under investigation by a U.S. Congressional committee for allegedly facilitating investments to Chinese companies accused of human rights violations or aiding China’s military. BlackRock, with over $9 trillion in managed assets, is scrutinized for investing over $429 million in controversial Chinese companies across five funds with the help of MSCI. The committee alleges that these actions escalate the national security threat and undermine American values.

Portfolio Pulse from AJ Fabino

August 04, 2023 | 9:25 am

ADMP

Adamis Pharmaceuticals' shares are trading higher after the stock was added to the Regulation SHO 'threshold security' list.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 9:14 am

SPY

The Dallas Federal Reserve has reported services revenues for July at 12.9, significantly higher than the estimated 5.6 and the prior figure of 3.6.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 9:13 am

SPY

The outlook for the Texas services sector for July is -4.2, which is better than the expected -12.5 and the prior -8.2.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 9:13 am

EPOW

Sunrise New Energy (NASDAQ:EPOW) announced that its project on Sodium-ion battery hard carbon anode material research and development has passed the review of the Guizhou Provincial Science and Technology Support Plan. The project aims to develop high-performance anode materials for Sodium-ion batteries, which are cheaper and more environmentally friendly than lithium-ion batteries.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 9:12 am

ADMP

Adamis Pharmaceuticals' shares have started trading on the REG SHO Threshold Security List.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 9:10 am

TSLA

Tesla Inc is seeking nearly $100 million from the U.S. government to construct nine charging stations for its electric semi-trucks along a route from southern Texas to northern California. Each station will be equipped with eight 750-kilowatt chargers specifically designed for Tesla Semi vehicles and four chargers compatible with trucks produced by other manufacturers.

Portfolio Pulse from Benzinga EV Insights

August 04, 2023 | 9:07 am

SPY

The JOLTs Job Openings for June came in at 9.582 million, slightly below the estimated 9.61 million.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 8:39 am