Streetbeat News

Regulatory

BNO

Oil prices are rising due to escalating tensions in the Middle East, particularly following Israeli airstrikes on Hezbollah in Lebanon. This has led to concerns over potential supply disruptions. The United States Brent Oil Fund (BNO) has seen a price increase as a result.

Portfolio Pulse from Vaishali Prayag

September 27, 2024 | 6:34 pm

GEHC

The FDA has approved GE Healthcare's new product, Flyrcado, which could have significant implications for the company's market position and future revenues.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 6:29 pm

FXI

NVDA

China has advised its local companies to avoid using Nvidia's AI chips, which could impact Nvidia's business in the region. This move is part of China's broader strategy to reduce reliance on foreign technology.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 6:28 pm

EIS

ISRA

Iran's embassy in Beirut has labeled an Israeli strike as a 'dangerous game-changing escalation'. This development could have geopolitical implications, potentially affecting markets and ETFs related to the region.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 5:58 pm

GOOGL

Donald Trump, the Republican nominee, has stated that he will seek the prosecution of Google if he wins the election, alleging that the company displays negative stories about him and positive ones about Kamala Harris. He claims this is illegal election interference.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 5:55 pm

ISRA

SPY

An Israeli strike on Beirut's southern suburbs has resulted in 2 deaths and 76 injuries, according to Lebanon's Health Ministry. This incident may have geopolitical implications affecting regional stability.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 5:38 pm

EIS

ISRA

The U.S. was not informed in advance about the Israeli strike, as confirmed by Defense Secretary Austin, who communicated with his Israeli counterpart during the event.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 5:09 pm

HYLN

Hyliion Holdings Corp. (NYSE:HYLN) shares rose after its KARNO linear generator was recognized as an eligible technology under California's Renewables Portfolio Standard (RPS). This qualification allows Hyliion to contribute to California's climate goals, which include 60% renewable energy by 2030 and carbon neutrality by 2045.

Portfolio Pulse from Dylan Berman

September 27, 2024 | 5:08 pm

SPY

The Biden administration is actively engaging with the USMX and union representatives to prevent a potential port strike. Officials emphasize the importance of continued negotiations between the union and employers.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 4:47 pm