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Regulatory

ETCUSD

Ethereum Classic (ETC) is trading higher due to expectations of a Federal Reserve interest rate cut, which typically benefits cryptocurrencies by making traditional investments less attractive. Lower rates can increase demand for digital assets as investors seek higher returns.

Portfolio Pulse from Henry Khederian

September 17, 2024 | 6:51 pm

EIS

ISRA

SPY

U.S. Vice President Harris emphasized that there should be no reoccupation of Gaza and no changes to territorial lines. This statement may influence geopolitical stability and related markets.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 6:51 pm

DDD

3D Systems Corp (NYSE:DDD) shares rose by 6.46% after receiving FDA clearance for its monolithic jetted denture solution, which could enhance denture production efficiency. Glidewell has started integrating this technology, aligning with 3D Systems' strategy to expand its digital dentistry portfolio.

Portfolio Pulse from Henry Khederian

September 17, 2024 | 6:37 pm

ETHA

ETHE

FBTC

GBTC

IBIT

Bitcoin surged 5.3% ahead of the Federal Reserve's interest rate decision, with potential volatility expected based on the size of the rate cut and Jerome Powell's commentary. Bitcoin and Ethereum ETFs showed mixed inflows and outflows, reflecting cautious market sentiment.

Portfolio Pulse from Murtuza Merchant

September 17, 2024 | 6:32 pm

ALK

HA

Hawaiian Holdings shares rose as the U.S. Department of Transportation granted a temporary exemption for common ownership under Alaska Air Group, pending a final decision on route authority transfer.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 6:28 pm

ALK

HA

The U.S. Department of Transportation has granted Alaska Airlines and Hawaiian Airlines a temporary exemption for common ownership under Alaska Air Group. This is pending a final decision on the transfer of route authority.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 6:26 pm

EIS

ISRA

SPY

The U.S. State Department is seeking a diplomatic resolution to the Israel-Hezbollah conflict and is concerned about potential escalation in the Middle East. The department urges Iran not to exploit the situation and states it's too early to assess the impact of a recent attack on Gaza ceasefire talks.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 6:00 pm

TSLA

Elon Musk announced on X that SpaceX will be filing a lawsuit against the FAA, accusing it of regulatory overreach. This legal action could impact SpaceX's operations and its relationship with regulatory bodies.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 5:40 pm

MRNA

Moderna's shares are rising after Health Canada approved its updated COVID-19 vaccine, SPIKEVAX, targeting the KP.2 variant. The approval is based on comprehensive data supporting the vaccine's efficacy and safety.

Portfolio Pulse from Dylan Berman

September 17, 2024 | 5:30 pm