Streetbeat News

Regulatory

EIS

ISRA

SPY

USO

The Pentagon has directed reporters to seek information from Israel regarding the potential for an Israeli ground incursion into Lebanon. This situation could have geopolitical implications affecting various sectors.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 3:38 pm

GSK

NVAX

SNY

Germany has reported an outbreak of the highly pathogenic H5N1 bird flu on a farm in the eastern part of the country, according to the World Organisation for Animal Health.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 3:31 pm

AAPL

AMZN

ASHR

ECON

F

FXI

GM

GOOG

META

MSFT

NVDA

QQQ

SPY

STLA

TSLA

VWAGY

The Chinese stock market has experienced a significant rally, breaking a negative pattern with the CSI 300 index jumping 8.5%, the largest gain since 2008. This rally is driven by FOMO among foreign investors and a shift from Chinese Treasury bonds to stocks. Despite poor economic data, expectations are high for future growth due to government stimulus. The Arora Report has identified new buy zones for ETFs like ASHR, FXI, and ECON. Meanwhile, negative sentiment from Europe and poor guidance from automakers like Stellantis and Volkswagen are affecting US markets, with stocks like GM and Ford under pressure.

Portfolio Pulse from The Arora Report

September 30, 2024 | 3:27 pm

EIS

ISRA

SPY

USO

President Biden has called for a ceasefire, which may have implications for geopolitical stability and related markets.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 3:23 pm

SPY

President Biden announced he spoke with governors of states affected by Hurricane Helene, which has resulted in 100 deaths and 600 missing persons. He plans to visit the affected areas later this week.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 3:16 pm

ACB

CGC

CRON

GRWG

IGC

IMCC

OGI

SNDL

TLRY

Cannabis stocks are experiencing a surge in trading following a report that Vice President Harris is advocating for the legalization of marijuana.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 3:16 pm

GM

The National Highway Traffic Safety Administration (NHTSA) has fined General Motors' self-driving unit, Cruise, $1.5 million for not fully reporting a crash involving a pedestrian. This incident highlights regulatory challenges and potential reputational risks for GM's autonomous vehicle initiatives.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 3:05 pm

CVX

HES

The Federal Trade Commission (FTC) has approved Chevron's $53 billion acquisition of Hess Corporation. This decision allows Chevron to proceed with the acquisition, potentially impacting the oil and gas industry landscape.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 3:02 pm

FXI

SPY

Beijing has adjusted the down payment ratio for first-time home buyers to no less than 15% and for second-home buyers to no less than 20%, as reported by Reuters.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 2:44 pm

AUD

The FCC has approved the transfer of radio station licenses, allowing Audacy to emerge from bankruptcy. This decision is a significant step for Audacy as it restructures its financial obligations.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 2:41 pm