Streetbeat News

Regulatory

KODK

Eastman Kodak Company has been granted U.S. Patent #11703791, which pertains to a method for correcting media position errors in a printing system.

Portfolio Pulse from Charles Gross

July 18, 2023 | 5:56 pm

BNBUSD

BTCUSD

COIN

XRPUSD

The SEC v. Ripple case ruling, which establishes that crypto tokens are not inherently securities, is seen as a pivotal moment for future U.S. crypto regulation, according to a Cantor Fitzgerald report. The ruling is expected to have significant implications for ongoing SEC lawsuits against Coinbase Global Inc and Binance. The report suggests that this ruling will safeguard domestic crypto on-ramps from regulatory crackdowns and will likely accelerate adoption and innovation across the crypto ecosystem.

Portfolio Pulse from Murtuza Merchant

July 18, 2023 | 5:56 pm

CVNA

Carvana has been granted U.S. Patent #11704708 for systems and methods for generating virtual item displays. This could potentially enhance their online car shopping experience.

Portfolio Pulse from Charles Gross

July 18, 2023 | 5:49 pm

AI

MSFT

NVDA

US Senator Thune is preparing a bill related to AO certification. The article mentions AI, MSFT, and NVDA.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 5:23 pm

MDT

Medtronic Plc (NYSE:MDT) has recalled certain implantable cardioverter defibrillators (ICDs) and cardiac resynchronization therapy defibrillators (CRT-Ds) due to a risk of low or no energy output during high voltage therapy. The FDA has classified this as a Class I recall, the most serious type. The recall impacts around 350k devices manufactured after 2017. Medtronic has reported 28 incidents and 22 injuries related to this issue. MDT shares are down 0.95% at $85.89.

Portfolio Pulse from Vandana Singh

July 18, 2023 | 4:44 pm

SPY

VGK

U.S. Defense Secretary Austin has stated that the U.S. is urging Ukraine to make progress, as Russia's losses mount. He emphasized that this is not the time to slow down on Ukraine.

Portfolio Pulse from Happy Mohamed

July 18, 2023 | 4:41 pm

TSLA

Tesla has secured contracts worth approximately $413 million to install 218 Megapacks in two energy storage facilities in Massachusetts. The facilities, named Cranberry Point Energy Storage and the Medway Grid, received the final ruling approval on June 30. The approval from the Massachusetts Energy Facilities Siting Board circumvents previous verdicts that denied the facilities' construction.

Portfolio Pulse from Benzinga EV Insights

July 18, 2023 | 4:15 pm

APVO

Aptevo Therapeutics Inc announced positive results from its Phase 1b trial of APVO436, a drug candidate for acute myelogenous leukemia (AML). The drug, in combination with venetoclax and azacitidine, achieved a high response rate of 82%. The company also plans to conduct Phase 2 trials for APVO436 in the second half of 2023. Despite the positive news, Aptevo's stock price fell by 25.40%.

Portfolio Pulse from Vandana Singh

July 18, 2023 | 4:03 pm

META

MSFT

Meta Platforms Inc. has announced that its new product, Llama 2, will come with an 'Acceptable Use' policy. This policy prohibits uses including violence, terrorism, child exploitation, and other criminal activities.

Portfolio Pulse from Happy Mohamed

July 18, 2023 | 3:54 pm

TRXUSD

TUSDUSD

Blockchain technology company Archblock is suing Tron founder Justin Sun for allegedly acquiring TrueUSD through questionable methods. Sun is accused of using various entities and individuals to carry out the purchase and using his TUSD acquisition to manipulate the crypto market. Sun has previously faced legal troubles with the U.S. Securities and Exchange Commission for paying celebrities to illegally promote Tronix and BitTorrent without disclosing compensation.

Portfolio Pulse from Murtuza Merchant

July 18, 2023 | 3:53 pm