Streetbeat News

Regulatory

EPOW

Sunrise New Energy (NASDAQ:EPOW) has been granted five patents by the China National Intellectual Property Administration for technological advancements in silicon anode manufacturing. These patents strengthen the company's intellectual property portfolio and position it as a leader in next-generation lithium-ion battery technology.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 1:25 pm

LTRY

Lottery.com, Inc. (NASDAQ:LTRY) has returned to trading on the Nasdaq Stock Market after a period of consultation with Nasdaq. The company's securities were reinstated for trading on the Exchange effective with the market open on Monday, June 12, 2023.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 1:22 pm

SPY

USA manufacturing production for May increased by 0.1%, beating the estimated -0.1% and showing an improvement from the prior 0.9%.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 1:19 pm

AMLX

Amylyx Pharmaceuticals (NASDAQ: AMLX) has signed a Letter of Intent (LOI) with the pan-Canadian Pharmaceutical Alliance (pCPA) for the reimbursement of ALBRIOZA, a treatment for amyotrophic lateral sclerosis (ALS). The company will now work with federal, provincial, and territorial drug plans to ensure public coverage for eligible Canadians with ALS.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 1:15 pm

BABA

Alibaba Group Holding Ltd (NYSE:BABA) shares are trading higher after China's central bank cut the borrowing cost of its medium-term policy loans from 2.75% to 2.65%. The move aims to improve market confidence amid the country's sluggish post-pandemic recovery.

Portfolio Pulse from Adam Eckert

June 15, 2023 | 1:13 pm

ANSS

Japan's National Institute for Materials Science (NIMS) is using Ansys' (NASDAQ:ANSS) materials data management software, Granta MI, to develop a database of sustainable materials for Japanese aircraft manufacturers. The database aims to help engineers and designers select eco-friendly materials for next-generation jet engines, supporting the aviation industry's goal of reaching net-zero CO2 emissions by 2050.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 1:13 pm

BLK

COIN

BlackRock, the world's largest asset manager, is reportedly close to filing an application for a Bitcoin ETF, using Coinbase Custody for the ETF and the crypto exchange's spot market data for pricing. The SEC has previously rejected all spot bitcoin ETF applications but approved several bitcoin futures ETFs.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 1:11 pm

VGK

European Central Bank (ECB) President Christine Lagarde stated that the bank is not considering pausing and is very likely to increase rates in July, according to Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 1:07 pm

BTOG

Bit Origin (BTOG) has regained compliance with Nasdaq's minimum bid price requirement, ensuring its continued listing on the exchange.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 1:05 pm

SPY

VGK

Russia has no plans to lift the sunflower export duty after August 31, according to Reuters citing Tass. This may affect the prices of sunflower-related products and ETFs such as SPY and VGK.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 1:04 pm