Streetbeat News

Regulatory

NVDA

China is encouraging its companies to prioritize domestic AI chips over Nvidia's to strengthen its semiconductor industry and counter U.S. sanctions. This guidance aims to support local chipmakers like Cambricon and Huawei, while Nvidia's shares fell by 3.9% following the news.

Portfolio Pulse from Bibhu Pattnaik

September 29, 2024 | 6:31 pm

BILI

BZ

LU

MP

RKLB

TAL

XPEV

Chinese mid-cap stocks, including Bilibili and XPeng, saw significant gains last week following China's central bank's decision to cut the reserve requirement ratio. This move boosted U.S.-listed Chinese companies, with Bilibili and XPeng among the top gainers.

Portfolio Pulse from Lekha Gupta

September 29, 2024 | 6:01 pm

AFRM

FCNCA

FTI

GPN

MEDP

MMYT

NOW

REGN

SMCI

SMMT

Several large-cap stocks experienced significant declines last week, with notable downgrades and investigations impacting their performance. Key companies affected include Summit Therapeutics, MakeMyTrip, Medpace Holdings, Regeneron Pharmaceuticals, Global Payments, Affirm Holdings, Super Micro Computer, TechnipFMC, First Citizens BancShares, and ServiceNow.

Portfolio Pulse from Lekha Gupta

September 29, 2024 | 5:25 pm

BEKE

BIDU

HTHT

JD

LBRDA

NIO

PDD

TCOM

WYNN

YUMC

Chinese stocks saw significant gains last week following China's central bank's decision to cut the reserve requirement ratio and plans for a large sovereign debt issuance. Notable gainers include JD.com, KE Holdings, PDD Holdings, and others.

Portfolio Pulse from Lekha Gupta

September 29, 2024 | 4:41 pm

AAPL

CRWD

NVO

TSLA

Benzinga highlights key stock stories, including Apple's projected revenue from iPhones, Shiba Inu's stablecoin update, Novo Nordisk's drug benefits, and Tesla's Robotaxi event skepticism. The Dow hit a record high amid inflation progress and a Fed rate cut.

Portfolio Pulse from Michael Cohen

September 28, 2024 | 12:42 pm

META

Meta Platforms Inc. (NASDAQ:META) has been fined €91 million ($101.5 million) by Ireland's Data Protection Commission for a 2019 security breach involving the storage of over 600 million user passwords in plaintext. This incident highlights ongoing privacy compliance issues for Meta, which has faced multiple GDPR penalties over the years.

Portfolio Pulse from Rounak Jain

September 28, 2024 | 6:32 am

LXEH

Trading for LXEH was halted at 7:50:00 p.m. ET due to pending news. This indicates that significant information regarding the company is expected to be released, which could impact its stock price.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 11:50 pm

CNET

Trading has been halted for an unspecified asset at 7:50:00 p.m. ET due to pending news. The halt indicates that significant information is expected to be released, which could impact the asset's price.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 11:50 pm

ENSC

Ensysce Biosciences, Inc. (NASDAQ:ENSC) has received a notice from Nasdaq indicating non-compliance with listing requirements due to its stock price remaining below $1.00 and not meeting the minimum stockholders' equity requirement. The company is not eligible for an additional 180-day compliance period, and its continued listing will be reviewed by the Nasdaq Hearings Panel.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 8:35 pm

GMM

Global Mofy AI Limited has received a notification from Nasdaq regarding its failure to meet the minimum closing bid price requirement. This could lead to potential delisting if the issue is not resolved.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 8:35 pm