Streetbeat News

Regulatory

COIN

Hong Kong Legislative Council member Johnny Ng has invited Coinbase and other cryptocurrency exchanges to set up operations in the territory, following recent legal actions by the U.S. SEC against major industry players. Hong Kong has been actively developing regulations and compliance protocols to foster the growth of the cryptocurrency sector.

Portfolio Pulse from Murtuza Merchant

June 12, 2023 | 5:29 pm

SINT

SiNtx Technologies will be issued U.S. Patent Number 11,672,252 titled 'Antifungal Composites and Methods Thereof' to reduce or prevent fungus growth on the antifungal composite.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 5:16 pm

ATVI

MSFT

Microsoft announced that it welcomes the opportunity to present its case in federal court, following the recent antitrust lawsuit filed against it and Activision Blizzard.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 4:57 pm

DIA

IWM

QQQ

SPY

Major indices are higher as investors anticipate the release of May CPI data and the Federal Reserve's decision this week.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 4:55 pm

GOOG

GOOGL

Google is facing EU antitrust charges for alleged ad tech abuses, which could lead to significant fines and changes in its advertising business practices.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 4:49 pm

ABNB

Airbnb shares are trading higher after New York City reportedly agreed to not enforce its new law targeting Airbnb until September.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 4:34 pm

IRWD

Ironwood Pharmaceuticals has received FDA approval for Linzess, a treatment for functional constipation in pediatric patients aged 6 to 17 years.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 4:27 pm

TSM

Taiwan Semiconductor Manufacturing Co. (TSM) shares are trading higher following a report that the US will allow South Korean and Taiwan chip manufacturers to maintain and expand their operations in China without penalty from US export controls.

Portfolio Pulse from Erica Kollmann

June 12, 2023 | 4:25 pm

ATVI

MSFT

The Federal Trade Commission (FTC) plans to file in federal court in California as soon as Monday to prevent Microsoft's acquisition of Activision from closing until the resolution of an August FTC trial.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 4:18 pm

BNBUSD

BTCUSD

COIN

ETHUSD

JPM

XRPUSD

JPMorgan Chase highlights the significance of recent SEC lawsuits against Binance and Coinbase, stressing the need for a comprehensive regulatory framework for the crypto industry. The SEC believes most cryptocurrencies should be categorized as securities, subjecting them to regulatory measures applicable to traditional securities.

Portfolio Pulse from Murtuza Merchant

June 12, 2023 | 4:16 pm