Streetbeat News

Regulatory

SPY

In a recent interview with CNBC, Federal Reserve's Mary Daly stated that it is too early to declare victory on inflation. This suggests that the Fed may continue its current monetary policy, which could impact the broader market.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 3:15 pm

FREY

FREYR Battery has been awarded a €100M grant from the EU Innovation Fund to support the development of its Giga Arctic Project in Norway.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 3:07 pm

ACB

CGC

TLRY

The GOP-controlled House Rules Committee has blocked all marijuana and psychedelics amendments proposed for the National Defense Authorization Act (NDAA). The amendments included proposals such as eliminating cannabis drug testing for military service members and allowing the use of CBD or other hemp-derived products. However, two marijuana and psychedelics measures were previously attached to the base text of the NDAA in the House Armed Services Committee. These include a clinical study into the therapeutic benefits of psychedelics for active duty service members with PTSD, traumatic brain injury or chronic traumatic encephalopathy, and a defense department medical cannabis pilot program examining the health impacts of marijuana use by veterans and service members.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 3:07 pm

SPY

VGK

President Biden has stated that Russia is already interfering in American elections. However, he does not believe there is a real prospect of Putin using nuclear weapons.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 3:00 pm

EFNL

EWD

SPY

VGK

President Biden has stated that Finland and Sweden joining NATO would make the world safer. This could potentially impact the ETFs EFNL (iShares MSCI Finland ETF), EWD (iShares MSCI Sweden ETF), SPY (SPDR S&P 500 ETF Trust), and VGK (Vanguard FTSE Europe ETF).

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 2:59 pm

SPY

VGK

President Biden has stated that Russia will not be able to sustain a war in Ukraine for years and that Putin will eventually decide it is not in Russia's interest to continue the war.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 2:56 pm

EFNL

SPY

VGK

President Biden has stated that the US will defend every inch of NATO territory, including Finland. This statement could potentially impact the geopolitical landscape and the performance of related ETFs.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 2:48 pm

SPY

TSLA

Elon Musk, CEO of Tesla, has criticized the Federal Trade Commission (FTC), stating that its overreach has gone 'absurdly far' beyond the legal mandate granted by Congress.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 2:48 pm

EDEN

EFNL

ENOR

EWD

SPY

U.S. President Biden has concluded a very productive U.S.-Nordic summit, according to Reuters. The details of the discussions and outcomes of the summit were not disclosed in the article.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 2:45 pm

FREY

Trading of FREYR Battery shares has been halted due to pending news.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 2:44 pm