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Regulatory

BTCUSD

Nigel Farage, former leader of the UK Independence Party, plans to launch an initiative to address the issue of individuals being de-banked. Farage's initiative involves gathering cases of individuals who have faced account closures or banking restrictions. Farage is a vocal supporter of Bitcoin, which he sees as a solution to the de-banking issue. Bitcoin was trading at $29,257 at the time of the article.

Portfolio Pulse from Mehab Qureshi

July 28, 2023 | 8:29 am

GNTA

Genenta, a biopharmaceutical company, has announced ongoing progress in its clinical trials and plans to expand in solid tumor treatments. The company's advancements may lead to new treatment options for patients with solid tumors.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 7:21 am

EWQ

VGK

France's Harmonised Index of Consumer Prices (HICP) for the month shows no change, falling short of the estimated 0.1% increase and the previous 0.2% increase.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 6:51 am

EWQ

VGK

The preliminary Consumer Price Index (CPI) for France in July was reported at 0.0%, lower than the estimated 0.2% and the prior figure of 0.2%.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 6:50 am

TSLA

Tesla Inc (NASDAQ:TSLA) is reportedly accelerating plans to establish a manufacturing base in India. Senior executives from Tesla met with Nivruti Rai, the CEO of Invest India, and further meetings with the nation's commerce and industry minister are planned. Tesla is exploring the possibility of setting up its auto parts and electronics chain in India, with possible incentives and tax breaks being part of the discussions. The company has faced challenges with the government’s stand against lowering import duties.

Portfolio Pulse from Arpit Nayak

July 28, 2023 | 5:35 am

DIS

Florida Governor Ron DeSantis' board is reportedly planning to cut millions of dollars worth of spending in the special governing district where Walt Disney World operates. The board is considering cutting $8 million of the district's annual spending meant for law enforcement provided exclusively to Disney's properties. This comes after Disney voiced opposition against the 'Don't say gay' law passed by Florida, leading to retaliatory tactics from DeSantis.

Portfolio Pulse from Shanthi Rexaline

July 28, 2023 | 5:28 am

EWJ

The Bank of Japan (BoJ) has decided to keep its interest rate unchanged at -0.10%, which matches the forecast. This decision could impact the performance of the iShares MSCI Japan ETF (EWJ).

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 4:28 am

EWA

Australia's Producer Price Index (YoY) for Q2 is reported at 3.9%, matching estimates but lower than the prior 4.9%. The QoQ index for Q2 is 0.5%, lower than the estimated 0.9% and the prior 0.7%.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 4:25 am

EWJ

Japan's Tokyo Core Consumer Price Index (YoY) for July was reported at 3%, slightly above the estimated 2.9% and below the prior figure of 3.2%.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 4:25 am

BTCUSD

Lawmakers have expressed concerns over proposed stablecoin legislation, fearing it could allow tech moguls like Elon Musk to issue their own stablecoins. The legislation aims to regulate stablecoins, a type of cryptocurrency designed to maintain a stable value relative to the U.S. dollar. Criticism also came from Republicans, who noted the bill contains no commercial entity prohibition.

Portfolio Pulse from Mehab Qureshi

July 28, 2023 | 4:19 am