Streetbeat News

Regulatory

MSOS

SPY

The rescheduling rule received 43,000 public comments, indicating significant public interest. The comment period ended in July, and the deadline to request a hearing before an Administrative Law Judge is September 30th. Participants in the hearing will likely be announced 30 days prior.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 4:24 pm

SXTC

China SXT Pharmaceuticals shares fell after the company received a listing non-compliance notice.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 4:21 pm

SOND

Sonder Holdings shares declined following a notification from Nasdaq about non-compliance with listing rules.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 4:14 pm

MSOS

SPY

David Mangone discusses the impact of a briefing on the SAFE Banking Act, highlighting a shift in attitude among some previously opposed individuals who are now open to learning from additional service providers.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 4:13 pm

MSOS

SPY

Ed Perlmutter, a former member of Congress and current partner at Holland & Knight, LLP, shared his predictions on election outcomes. He suggests that if one party sweeps, legislative actions may be delayed until the next session. However, if the government is split, resolutions could occur this year.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 4:11 pm

MSOS

Former Congressman Ed Perlmutter suggests that the Biden administration is eager to finalize cannabis-related legislation. This could impact cannabis-focused ETFs like MSOS.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 4:09 pm

MSOS

Former Congressman Ed Perlmutter discusses the potential for passing the Safe Banking Act in the Senate, with possible involvement of Senators Schumer and Brown. The House may show reluctance, and deal-making could involve cryptocurrency.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 4:08 pm

MSOS

Benzinga's Cannabis Capital Conference is currently discussing the role of Congress in advancing cannabis reform. This event may impact cannabis-related stocks and ETFs, such as MSOS, which is focused on the U.S. cannabis sector.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 4:00 pm

MSOS

Neil Prasad from Marcum CPA emphasizes the importance of companies maintaining compliance, legal understanding, and up-to-date financial records. This preparation is crucial for raising capital or securing loans, enhancing credibility and credit opportunities.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 3:59 pm

HOOD

Robinhood Markets, Inc. (NASDAQ:HOOD) shares rose after announcing its first investor day on Dec. 4, 2024, where it will share its vision for the next decade. Barclays raised its price target for HOOD from $20 to $23. Additionally, Dan Gallagher, Robinhood's Chief Legal Officer, is considered for the SEC Chairman position.

Portfolio Pulse from Erica Kollmann

October 08, 2024 | 3:57 pm