Streetbeat News

Regulatory

SPY

U.S. House Speaker McCarthy stated that they had very good discussions and are aware of each other's current positions.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 6:19 pm

MU

SSNLF

Mizuho analyst Vijay Rakesh reiterates a Buy rating on Micron Technology (NASDAQ:MU) with a price target of $72.00, despite China's Cybersecurity Administration banning Chinese operators of crucial infrastructure from purchasing from the company. The analyst sees this as a buying opportunity and believes the restrictions could impact China's technology and AI expansion plans.

Portfolio Pulse from Anusuya Lahiri

May 23, 2023 | 6:14 pm

FXI

MU

SPY

Gallagher has urged the Commerce Department to ensure that no U.S.-export licenses granted to firms operating in China are used to backfill Micron.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 6:13 pm

NSC

SPY

The U.S. National Transportation Safety Board (NTSB) will hold an investigative hearing on June 22-23 regarding the Norfolk Southern (NSC) train derailment that occurred on February 3 in East Palestine, Ohio.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 6:13 pm

FXI

MU

SPY

China Select Committee Chair Gallagher claims that Chinese actions against Micron are an example of economic coercion to intimidate the U.S. government from implementing export controls.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 6:12 pm

GENE

Genetic Technologies has been granted Canadian Patent Number 2962691 for its methods of assessing the risk of developing breast cancer. This patent could potentially expand the company's market reach.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 6:11 pm

TWTR

Florida Governor Ron DeSantis will announce his presidential bid during a Twitter Spaces discussion with Twitter CEO Elon Musk. The event will be moderated by David Sacks, a tech entrepreneur and supporter of both Musk and DeSantis. The announcement could boost DeSantis' credibility with Musk's massive following, but may also bring challenges due to Musk's controversial comments.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 6:08 pm

NFLX

Netflix will begin sending emails to members sharing their accounts outside their household in the United States starting Tuesday, as part of an effort to curb unauthorized account sharing.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 6:07 pm

SPY

House Speaker McCarthy has not scheduled talks with President Biden, but staff members continue to communicate, according to a Punchbowl reporter on Twitter.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 6:05 pm

SPY

House Speaker McCarthy stated that no debt ceiling plan will be put on the U.S. House floor unless it spends less than the current year's spending, according to a Fox News reporter on Twitter.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 6:00 pm