Streetbeat News

Regulatory

WORX

SCWorx Corporation (WORX) shares surged over 200% on Thursday with extremely heavy trading volume, leading to a temporary trading halt. The company is awaiting an appeal hearing with the Nasdaq Hearings Panel after receiving a delisting notice on June 6, 2023.

Portfolio Pulse from Erica Kollmann

June 15, 2023 | 5:01 pm

BLK

COIN

MSTR

BlackRock, the world's largest asset manager, is reportedly nearing an application for a Bitcoin ETF despite increased SEC scrutiny on the crypto industry and Bitcoin's price below $25K. The company has been increasing its exposure to Bitcoin through its 8.10% stake in MicroStrategy.

Portfolio Pulse from Jose Rodrigo Safdiye

June 15, 2023 | 4:56 pm

TRSSF

Cookies Baltimore, a flagship store of global cannabis brand Cookies, faces license suspension by the Maryland Cannabis Administration (MCA) due to violations of state marijuana laws and regulations. TerrAscend Corp. (OTCQX:TRSSF) has a 5-year licensing agreement with Cookies to cultivate and manufacture its products in Maryland.

Portfolio Pulse from Jelena Martinovic

June 15, 2023 | 4:44 pm

SPY

The U.S. Cybersecurity and Infrastructure Security Agency (CISA) Director has expressed confidence that the recent cyber attack on U.S. agencies will not have a significant impact.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 4:34 pm

BLBX

Blackboxstocks Inc has achieved stockholders' equity sufficient to comply with Nasdaq's requirements and has submitted a plan notifying Nasdaq of its compliance.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 4:27 pm

ACRHF

CURLF

GTBIF

Reuben McDaniel, a key figure in New York's legal cannabis program, has resigned from the board of the Office of Cannabis Management (OCM). McDaniel was involved in approving retail licenses and overseeing the agency assisting licensees with locating storefronts, which some viewed as a conflict of interest. The OCM and the Cannabis Control Board (CCB) face a lawsuit from the Coalition for Access to Regulated and Safe Cannabis (CARSC), which includes Acreage Holdings, Curaleaf Holdings, Green Thumb Industries, and PharmaCann.

Portfolio Pulse from Maureen Meehan

June 15, 2023 | 4:25 pm

BTCUSD

ETHUSD

SPY

A U.S. judge has denied Sam Bankman-Fried's request to require prosecutors to review FTX debtors' files. This decision may impact the cryptocurrency market and FTX's operations.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 4:20 pm

FWBI

First Wave Bio has received a Notice of Allowance for its U.S. patent application 17/163,996, titled 'Methods and Compositions for Treating Conditions Associated with an Abnormal Inflammatory Response'.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 4:18 pm

TSLA

Elon Musk is set to meet with French President Macron for the second time in a month, fueling rumors of a potential Tesla factory in France. Tesla is expected to announce a new factory location by the end of the year.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 4:12 pm

HCM

HUTCHMED and Takeda announced that the European Medicines Agency (EMA) has validated and accepted the marketing authorization application for fruquintinib.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 4:04 pm