Streetbeat News

Regulatory

SLV

Silver prices are rising in response to the Federal Reserve's recent decision to cut interest rates.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 6:52 pm

NVAX

Health Canada has approved Novavax's Nuvaxovid and XBB.1.5 Omicron subvariant COVID-19 vaccines for both primary and booster doses. This approval could potentially impact Novavax's market position and stock performance.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 6:33 pm

NTES

NetEase shares rose by 7.22% due to a monetary stimulus package from the People's Bank of China, which cut reserve requirement ratios and policy rates. This move is expected to benefit sectors like online gaming and e-commerce, where NetEase is a key player.

Portfolio Pulse from Henry Khederian

September 24, 2024 | 6:15 pm

SPY

Former President Donald Trump has expressed the opinion that the United States should withdraw its involvement in Ukraine. This statement could influence market sentiment, particularly in sectors related to defense and international relations.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 6:14 pm

BTCUSD

MNWUSD

The article discusses the rising food inflation in the U.S., with former President Trump blaming Democrats, while experts suggest blockchain as a potential solution. The Federal Reserve has lowered interest rates to prevent an economic slowdown. Trump has positioned himself as a Bitcoin-friendly candidate, recently making his first Bitcoin transaction.

Portfolio Pulse from Justin Roberti

September 24, 2024 | 6:11 pm

MULN

Mullen Automotive's stock continues to decline despite updates from CEO David Michery. The company executed a 1-for-100 reverse stock split to comply with Nasdaq's minimum bid price rule, but shares have fallen nearly 50% since. Heavy trading volume is noted.

Portfolio Pulse from Erica Kollmann

September 24, 2024 | 6:01 pm

AIPI

CRWD

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) shares are trading slightly lower despite a Buy rating and increased price target from Jefferies. A senior executive is set to testify before Congress about a global IT outage caused by a software update. The incident affected Microsoft systems and highlighted the interconnected nature of the tech ecosystem. CrowdStrike has revised its revenue and profit projections downward.

Portfolio Pulse from Nabaparna Bhattacharya

September 24, 2024 | 5:57 pm

BIDU

Baidu Inc (NASDAQ:BIDU) shares rose 6.15% following the People's Bank of China's monetary stimulus, which included cutting the reserve requirement ratio and policy rates. This move is expected to boost China's economy and increase demand for Baidu's digital services.

Portfolio Pulse from Henry Khederian

September 24, 2024 | 5:49 pm

DJT

SPY

Donald Trump, the Republican Presidential Nominee, announced plans to establish special zones on federal land with ultra-low taxes and regulations to benefit American producers. This policy could impact various sectors by potentially boosting domestic production.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 5:43 pm

USO

Donald Trump, the Republican Presidential Nominee, announced plans to reinstate oil and gas leases in Alaska's ANWR, which had been previously canceled. This could impact energy markets and related stocks.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 5:41 pm