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Regulatory

APIE

BABA

JHEM

PDD

Jack Ma encourages Alibaba to embrace competition as a growth driver. Alibaba faces challenges, including a domestic price war and missed earnings estimates. The company recently joined China's Stock Connect, potentially unlocking $12 billion in funds.

Portfolio Pulse from Anusuya Lahiri

September 11, 2024 | 12:59 pm

HYTNF

HYTN Innovations Inc. (OTCPK:HYTNF) has partnered with 4C LABS to supply medical marijuana to the UK, with plans to expand into Germany and Australia. This collaboration will leverage HYTN's GMP-certified manufacturing to produce and distribute cannabis products internationally.

Portfolio Pulse from Nina Zdinjak

September 11, 2024 | 12:56 pm

ALLR

Trading for ALLR was halted and then resumed at 8:55 AM ET. The halt was due to pending news, which has now been released, allowing trading to continue.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 12:55 pm

STLA

Stellantis NV is investing over $406 million in Michigan facilities to support its multi-energy strategy, including electric and internal combustion engine models. This move is part of Stellantis' Dare Forward 2030 plan and aims to revitalize its North American operations amid challenges like a major vehicle recall and safety investigations.

Portfolio Pulse from Benzinga Neuro

September 11, 2024 | 12:54 pm

BTC-USD

DOGE-USD

ETH-USD

The article covers various topics, including the US presidential debate between Kamala Harris and Donald Trump, where Harris was seen as the winner but still trails on key issues. Cryptocurrency markets, including Bitcoin, Ethereum, and Dogecoin, lost gains as neither candidate discussed crypto. The article also mentions a significant settlement by Terraform Labs with the SEC, and various reactions to the debate from public figures.

Portfolio Pulse from Akanksha Bakshi

September 11, 2024 | 12:48 pm

DDD

3D Systems has received FDA clearance for its TOTAL ANKLE Patient-Matched Guides, which will be used with Smith+Nephew's SALTO TALARIS Total Ankle Prosthesis and CADENCE Total Ankle System. This development could enhance 3D Systems' position in the medical device market.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 12:34 pm

KTRA

Kintara Therapeutics has enrolled 4 out of 10 patients in its REM-001 clinical study for cutaneous metastatic breast cancer, with no safety issues reported. The study is funded by a $2 million NIH grant, but Kintara may face financial challenges without a merger with TuHURA.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 12:34 pm

DIA

IWM

QQQ

SPY

Major indexes are experiencing a decline after the release of mostly in-line August CPI figures, indicating a potential market reaction to inflation data.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 12:32 pm

SPY

The S&P 500 index fell following the release of Consumer Price Index (CPI) data that met expectations. This suggests that investors may have been hoping for a more favorable inflation report to boost market sentiment.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 12:31 pm

SPY

The US Core Consumer Price Index (CPI) for August increased by 3.2% year-over-year, matching the estimated growth rate. This indicates that inflation is in line with expectations.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 12:30 pm