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IDCBF

Indonesia has experienced a significant cyberattack by the LockBit ransomware gang, affecting over 40 government entities, including major airports and immigration services. The attackers demanded an $8 million ransom in Bitcoin and Ethereum, which the government refused to pay. Efforts are ongoing to restore data at affected agencies.

Portfolio Pulse from Aniket Verma

June 27, 2024 | 5:25 am

SPR

Boeing has refuted claims that NASA astronauts are stranded on its Starliner spacecraft, despite a delayed return from the ISS. The delay comes amid ongoing safety controversies for Boeing, including scrutiny over its 737 Max aircraft. Boeing's proposed acquisition of Spirit Aerosystems is seen as a positive move for recovery.

Portfolio Pulse from Benzinga Neuro

June 27, 2024 | 3:47 am

GBTC

HODL

IBIT

The SEC is expected to approve Ethereum spot ETFs by July 4, following successful Bitcoin spot ETFs. Asset managers like BlackRock, VanEck, and Grayscale are involved. Analysts predict a less impressive launch for Ethereum ETFs due to its smaller market cap and trading volumes.

Portfolio Pulse from Aniket Verma

June 27, 2024 | 3:09 am

AMZN

NVDA

The cryptocurrency market experienced a downturn due to fears of a $240 million Bitcoin sale by the U.S. government. Bitcoin, Ethereum, and Dogecoin all saw declines. Stocks, however, recorded gains, with Amazon and NVIDIA performing well. Analysts provided mixed forecasts for Bitcoin and the altcoin market.

Portfolio Pulse from Aniket Verma

June 27, 2024 | 1:37 am

NVO

Bernie Sanders criticized the high pricing of the diabetes drug Ozempic, manufactured by Novo Nordisk (NYSE:NVO), suggesting that Americans are charged 10-15 times more than people in other countries. Sanders, who chairs the Senate HELP Committee, has previously criticized the drug's pricing and considered holding hearings on the issue. Novo Nordisk's CEO agreed to testify before the Senate after Sanders threatened to subpoena the company. Following Sanders' tweet, Novo Nordisk shares closed 2.2% lower.

Portfolio Pulse from Benzinga Neuro

June 27, 2024 | 1:14 am

RIGL

Trading for RIGL was halted at 7:50:00 p.m. ET due to pending news.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 11:50 pm

YYAI

Trading for YYAI was halted at 7:50:00 p.m. ET due to pending news. Investors should stay tuned for further updates.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 11:50 pm

CMCSA

DIS

GOOG

GOOGL

Disney faces an antitrust suit over its ownership of Hulu and ESPN, with allegations of anticompetitive practices. The suit, filed by YouTube TV subscribers, claims Disney raised prices and leveraged its ownership to disadvantage competitors. A federal judge has allowed the case to proceed.

Portfolio Pulse from Chris Katje

June 26, 2024 | 10:37 pm

MSOS

The U.S. dollar's recent strength poses challenges for cannabis investments, particularly the AdvisorShares Pure US Cannabis ETF (NYSE:MSOS). Despite a recent 3% gain and a 14% recovery since last Monday, MSOS has faced significant volatility, including a 40% drop over six weeks. Key support levels at $7.50 and $7.30 have held firm, with resistance around $8.00. Broader market dynamics, regulatory hurdles, and competitive pressures continue to impact the cannabis sector.

Portfolio Pulse from Nicolás Jose Rodriguez

June 26, 2024 | 10:32 pm

VRNA

Trading halt status for VRNA was updated at 5:25:00 PM ET. The news and resumption times are expected to follow.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 9:25 pm