Streetbeat News

Regulatory

DB

JPM

Deutsche Bank AG (NYSE: DB) has received preliminary approval for a $75 million settlement with victims of Jeffrey Epstein's sex-trafficking enterprise. The victims alleged that the bank's collaboration enabled Epstein's operation. JPMorgan Chase & Co (NYSE: JPM) also reached a $290 million settlement with Epstein's victims last week.

Portfolio Pulse from Bibhu Pattnaik

June 18, 2023 | 4:59 pm

BA

SPR

Boeing Commercial CEO announced that the Max 7 is still targeted to be certified in H2, and the Max 10 in early 2024. The company also reaffirmed its 787 delivery target of 70-80 aircraft this year.

Portfolio Pulse from Charles Gross

June 18, 2023 | 2:14 pm

BNBUSD

BTCUSD

ETHUSD

USDCUSD

USDTUSD

The cryptocurrency market experienced mixed performances this week, with Bitcoin surging 3.18% and altcoin Sui leading the top 100 cryptocurrencies with a 25.76% increase. Binance faced liquidity issues, while regulatory concerns continue to impact the market.

Portfolio Pulse from Benzinga Newsbot

June 18, 2023 | 8:20 am

MRSN

TSVT

Clinical trials for cancer treatments conducted by 2seventy bio (NASDAQ:TSVT) and Mersana (NASDAQ:MRSN) have been halted after the deaths of six participants. TSVT's trial focused on acute myeloid leukemia, while MRSN's trial targeted ovarian cancer.

Portfolio Pulse from Bibhu Pattnaik

June 17, 2023 | 8:37 pm

GOOG

GOOGL

META

This week's top AI stories include warnings about AI as a potential threat to humanity, OpenAI's ChatGPT portfolio beating most funds, Meta Inc's introduction of Voicebox, Elon Musk's dystopian AI vision, Jack Dorsey's disagreement with Musk on AI regulation, and Google banning internal use of AI chatbots.

Portfolio Pulse from Benzinga Newsbot

June 17, 2023 | 7:03 pm

AAPL

Apple had an eventful week with the launch of its M2-powered Mac lineup, a trademark dispute with Huawei over the name 'Vision Pro', and a clash with Elon Musk and Jack Dorsey over App Store policies. A study also revealed that iPhones are winning over more Android users.

Portfolio Pulse from Benzinga Newsbot

June 17, 2023 | 6:45 pm

BLK

BTCUSD

COIN

GBTC

BlackRock filed for a spot Bitcoin ETF, iShares Bitcoin Trust, with assets primarily held by Coinbase, which would serve as the custodian. Economist Peter Schiff suggests BlackRock may have an ulterior motive, profiting from news-induced upside by buying the dip in Bitcoin and selling after the news pushes up the crypto.

Portfolio Pulse from Shanthi Rexaline

June 17, 2023 | 6:06 pm

SPY

The past week saw significant economic developments and predictions, including Mitch McConnell's criticism of Senate Democrats' support for Bernstein as CEA Chair, Larry Summers' views on the U.S. economy, Jim Cramer's outlook on the Chinese economy, Michael Hartnett's warning of a potential market collapse, and Jerome Powell pausing interest rate increases.

Portfolio Pulse from Benzinga Newsbot

June 17, 2023 | 5:10 pm

BTCUSD

DOGEUSD

DOTUSD

ETHUSD

LINKUSD

SHIBUSD

The past week in the cryptocurrency sector saw significant developments, including Binance.US's liquidity crisis, Warren Buffett's crypto predictions, a Texas sheriff's clash with a Bitcoin ATM operator, a North Carolina politician's investment in Shiba Inu, JPMorgan Chase's warning of an SEC 'tsunami', and a crypto trader's investment strategy.

Portfolio Pulse from Benzinga Newsbot

June 17, 2023 | 4:42 pm

F

GM

TSLA

The past week saw legal battles involving Donald Trump, Florida Governor Ron DeSantis signing a law banning direct-to-consumer (DTC) auto sales, and Elon Musk praising Tucker Carlson's defense of Trump. The new Florida law benefits Tesla and potentially hurts traditional automakers like General Motors and Ford.

Portfolio Pulse from Benzinga Newsbot

June 17, 2023 | 4:16 pm