Streetbeat News

Regulatory

GTLS

Chart Industries (GTLS) projects its 2024 adjusted EBITDA to reach $1.3 billion, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 1:22 pm

COIN

Cryptocurrency shares are trading lower following the SEC's lawsuit against Coinbase for operating as an unregistered securities exchange, broker, and clearing agency.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 1:21 pm

BTCUSD

ETHUSD

SPY

SEC Chair Gary Gensler stated that if cryptocurrencies have real value, then compliance with SEC regulations will help build trust. He emphasized the importance of investor protection and market integrity.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 1:20 pm

BTCUSD

ETHUSD

SPY

SEC Chair Gensler stated in a CNBC interview that some platforms offer a web of deceptions, with individuals trying to evade the law. He emphasized that the investment world is already digital and there's no need for more digital currency, calling for full, fair, and truthful disclosures.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 1:15 pm

BTCUSD

ETHUSD

SPY

SEC Chairman Gary Gensler stated in a CNBC interview that cryptocurrencies should be treated like other securities and must comply with regulations. He also mentioned that crypto exchanges are combining various functions.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 1:13 pm

ZVSA

ZyVersa Therapeutics announced that the European Patent Office will grant a patent application covering the company's Phase 2a-ready cholesterol efflux mediator VAR 200 for use in diabetic nephropathy/diabetic kidney disease.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 1:12 pm

TIO

Hindenburg Research has issued a report on Tingo Group, accusing the company of fraudulent activities, including fake farmers, phones, and financials. The report questions the legitimacy of Tingo's Nigerian operations.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 1:12 pm

MSFT

Microsoft has agreed to pay a $20 million penalty to settle the U.S. Federal Trade Commission's charges of violating children's privacy by collecting personal information from Xbox users without parental consent. The company will delete the collected data and notify video game publishers about child users.

Portfolio Pulse from Anusuya Lahiri

June 06, 2023 | 1:11 pm

AAPL

COIN

DIS

GME

HOTH

Top 5 stocks to watch on June 6, 2023 include Apple, Disney, Coinbase, GameStop, and Hoth Therapeutics. Apple's WWDC presentation received mixed analyst reactions, Disney is undervalued according to Morgan Stanley, Coinbase faces an SEC lawsuit, GameStop prepares to report quarterly results, and Hoth Therapeutics' Alzheimer's treatment shows promising pre-clinical results.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 1:08 pm

TSM

The Japanese government aims to triple domestic semiconductor sales to over 15 trillion yen ($108 billion) by 2030. It has committed financial support worth 330 billion yen for Rapidus and up to 476 billion yen for Taiwan Semiconductor Manufacturing Company Ltd's (NYSE:TSM) new factory in Kumamoto.

Portfolio Pulse from Anusuya Lahiri

June 06, 2023 | 1:03 pm