Streetbeat News

Regulatory

GE Healthcare announced the first patient scanned in a Phase 1 trial for Fluorine-18 (18F) CD8-targeted imaging radiopharmaceutical. The trial aims to study the safety and tolerability of the 18F-labeled radiopharmaceutical in patients with solid tumor malignancies, potentially allowing same-day and subsequent sequential imaging.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 7:47 am

BTCUSD

ETHUSD

Cryptocurrency firm Prometheum's co-founder and co-CEO, Aaron Kaplan, testified before the US House Committee, supporting the regulation of cryptocurrencies under current securities laws. Kaplan argued that existing laws apply to cryptocurrencies and those who argue for new crypto-specific laws are not willing to comply. However, Prometheum does not offer trading for Bitcoin or Ethereum.

Portfolio Pulse from Mehab Qureshi

June 15, 2023 | 7:01 am

AAPL

BTCUSD

Apple Inc (NASDAQ:AAPL) has rejected the latest version of Zeus, a non-custodial Lightning-enabled Bitcoin wallet. The reason for the rejection is unclear, but it comes a day after Apple's dispute with the Lightning Network-powered decentralized social media platform, Damus.

Portfolio Pulse from Mehab Qureshi

June 15, 2023 | 6:19 am

DAL

TSLA

UAL

Elon Musk supports the Capital Access Alliance's (CAA) campaign to increase long-distance flights at Ronald Reagan Washington National Airport (DCA). The CAA, which includes Delta Air Lines, is pushing for the Direct Capital Access Act to authorize 28 in and beyond perimeter flights at DCA, citing higher ticket prices and more time on planes for flyers.

Portfolio Pulse from Anan Ashraf

June 15, 2023 | 5:50 am

QQQ

SPY

Jim Cramer predicts a narrowing market as investors panic-sell following the Federal Reserve's policy announcement. He believes the Fed may not need to tighten as much as it hinted, as inflation could lessen on its own. The SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ Trust Series 1 (QQQ) closed higher after the announcement.

Portfolio Pulse from Bhavik Nair

June 15, 2023 | 4:28 am

BTCUSD

Miami's 'Bitcoin Mayor,' Francis X. Suarez, has announced his candidacy for the U.S. presidency as a Republican candidate, joining a growing list of presidential hopefuls seeking support from the Bitcoin community. Suarez has been working to establish Miami as a global crypto hub and has invested personally in crypto.

Portfolio Pulse from Mehab Qureshi

June 15, 2023 | 4:07 am

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced a drop in value following hawkish comments by Federal Reserve Chair Jerome Powell. The decline coincided with the Fed's announcement of a pause on interest rate hikes. Despite the short-term bear market, analyst Jason Pizzino believes that Bitcoin remains in a bull market as long as it stays above the $20,000 mark.

Portfolio Pulse from Mehab Qureshi

June 15, 2023 | 3:04 am

MSFT

14-year-old tech prodigy Kairan Quazi, who secured a position as a software engineer on SpaceX's Starlink engineering team, has been denied access to Microsoft's LinkedIn due to age restrictions. Quazi expressed his frustration on Instagram, criticizing LinkedIn's age policies.

Portfolio Pulse from Ananya Gairola

June 15, 2023 | 2:50 am

AVA

CLW

WMT

Avista has reached a settlement agreement with the Staff of the Idaho Public Utilities Commission, Clearwater Paper Corporation, Idaho Forest Group, and Walmart Inc. in its electric and natural gas general rate cases. The agreement has been submitted to the Idaho Public Utilities Commission for consideration.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 9:41 pm

SPY

The Federal Reserve held interest rates steady at its June FOMC meeting, causing the SPDR S&P 500 ETF Trust (NYSE:SPY) to initially drop 0.6%. Economists and analysts are divided on whether this marks the end of the hiking cycle or if more hikes are expected later this year.

Portfolio Pulse from Piero Cingari

June 14, 2023 | 9:09 pm