Streetbeat News

Regulatory

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The US government has filed an antitrust lawsuit against Visa, as revealed by court records. This legal action could have significant implications for Visa's business operations and market position.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 5:39 pm

BTCUSD

Former Coinbase CTO Balaji Srinivasan compares Bitcoin's role in preserving wealth to healthcare's pursuit of longevity, both resisting state control. He criticizes the financial system's acceptance of inflation and draws parallels to healthcare's acceptance of gradual decline.

Portfolio Pulse from Murtuza Merchant

September 24, 2024 | 5:39 pm

USO

An OPEC event in Brazil was temporarily halted due to a climate protest. The event has now resumed.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 5:32 pm

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Tech stocks and materials sector rallied on Tuesday, driven by China's stimulus measures. The Nasdaq 100 outperformed, with Nvidia surging nearly 4%. Chinese equities and related ETFs saw significant gains, while the U.S. dollar weakened. Commodities like copper and silver also rose.

Portfolio Pulse from Piero Cingari

September 24, 2024 | 5:20 pm

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Former President Donald Trump announced a plan to impose a 100% tariff on every car coming across the Mexican border. This could impact US-listed automotive companies and ETFs with exposure to the automotive sector.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 5:17 pm

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US-listed Chinese stocks are experiencing a rise in share prices following the announcement of a new stimulus package by China's Central Bank.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 5:09 pm

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Former President Donald Trump has expressed his opposition to the sale of United States Steel, stating he will take action to prevent it. This statement was made during a press conference in Savannah, GA.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 5:09 pm

SPY

Former President Donald Trump delivered remarks in Georgia focusing on the tax code and inflation. The discussion may have implications for the stock market, particularly for indices like the S&P 500.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 5:04 pm

NVO

Novo Nordisk's CEO, Lars Fruergaard Jorgensen, discussed with the U.S. Congress the high prices of their weight loss drugs, Ozempic and Wegovy, in the U.S. compared to other countries. He expressed willingness to explore ways to make these drugs more affordable in the U.S., following commitments from pharmacy benefit managers to maintain coverage if prices are reduced.

Portfolio Pulse from Michael Juliano

September 24, 2024 | 4:53 pm