Streetbeat News

Regulatory

PRTK

Paratek Pharmaceuticals (NASDAQ:PRTK) has acknowledged receipt of a letter from NexPoint Asset Management, but disagrees with its characterizations. Paratek will provide additional details on its acquisition by Gurnet Point Capital and Novo Holdings A/S when it files proxy materials with the SEC.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 4:04 pm

TSLA

The automotive industry group has stated that Tesla's charging technology is on the fast track to becoming a U.S. standard, potentially increasing the adoption of electric vehicles.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 4:03 pm

BTCUSD

ETHUSD

SPY

California's Department of Financial Protection and Innovation (DFPI) has ordered CryptoFX LLC to halt operations due to violations of California securities law, including offering and selling unqualified securities and making material misrepresentations and omissions to investors.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 4:02 pm

ITB

XHB

US new home sales reached a 1.5-year high in May despite the Federal Reserve's aggressive rate hikes, indicating a rebound in the housing market. This surge could positively impact related ETFs such as XHB and ITB.

Portfolio Pulse from Michael Cohen

June 27, 2023 | 3:51 pm

JD

JD.Com shares are trading higher by 2.12% after Chinese Premier Li Qiang announced plans to enhance demand, stimulate markets, foster development, and open select sectors of China's economy to international participation. Li reaffirmed China's commitment to globalization and openness to foreign investors.

Portfolio Pulse from Henry Khederian

June 27, 2023 | 3:45 pm

BTCUSD

ETHUSD

SPY

A U.S. judge has denied Sam Bankman-Fried's motion to dismiss criminal charges related to the collapse of the FTX cryptocurrency exchange.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 3:34 pm

SPY

USO

VGK

A Russian oil firm is requesting permission from Venezuela's state-run company PDVSA to take control of exports from their joint ventures to revive cash flow from the five companies affected by U.S. sanctions.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 3:27 pm

AIM

AIM ImmunoTech announced the publication of pre-clinical data suggesting Ampligen has the potential to reduce tumor cell growth in pancreatic cancer patients with sufficient tumor levels of TLR-3. The anti-tumor analysis was published in the American Journal of Cancer Research.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 3:20 pm

USDCUSD

Circle CEO Jeremy Allaire praises Hong Kong's new cryptocurrency regulations and its potential to become a significant center for digital assets markets and stablecoins. Circle recently secured a license as a major payments institution in Singapore, which will aid in expanding the distribution of its USD Coin in the region.

Portfolio Pulse from Murtuza Merchant

June 27, 2023 | 3:10 pm