Streetbeat News

Regulatory

BABA

Alibaba's U.S.-listed shares rose after its Hong Kong shares were added to China's Stock Connect programs, potentially unlocking $12 billion in investments. This move could boost Alibaba's stock performance, which has been under pressure due to regulatory challenges and economic slowdowns in China.

Portfolio Pulse from Vaishali Prayag

September 10, 2024 | 4:35 pm

SPY

X

Nippon Steel's Vice-Chair is set to meet with senior U.S. officials in Washington, which could have implications for the steel industry and related ETFs.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 4:30 pm

SPY

X

Nippon Steel is making a final effort to secure its proposed $15 billion takeover of U.S. Steel, facing opposition from the Biden administration. The deal has become a political issue in the U.S. as elections approach.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 4:30 pm

ALLY

Banking and financial services stocks are trading lower due to concerns over credit challenges highlighted by Ally's CFO and regulatory updates from the Fed Vice Chair for Supervision.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 4:30 pm

ALLY

Bank stocks are trading lower, potentially influenced by Ally's credit challenges and Fed Vice Chair Barr's comments on Basel and GSIB surcharge re-proposals.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 4:26 pm

FXI

VGK

Russia's Defense Minister Sergei Shoigu held a meeting with China's Foreign Minister Wang Yi, as reported by Reuters citing RIA. This meeting highlights the ongoing diplomatic engagements between Russia and China.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 4:16 pm

TCNNF

Donald Trump and Ron DeSantis are at odds over Florida's cannabis legalization, with Trump supporting and DeSantis opposing. DeSantis accuses Trulieve Cannabis Corp of monopolizing the initiative. Trump's stance has drawn criticism from various Republicans.

Portfolio Pulse from Maureen Meehan

September 10, 2024 | 4:14 pm

BTCUSD

ETHUSD

A new report by Gemini reveals that 57% of crypto owners are comfortable allocating 5% or more of their portfolio to digital assets, indicating growing mainstream acceptance. The introduction of spot crypto ETFs in the U.S. has facilitated this trend, with 37% of U.S. crypto owners holding assets through ETFs.

Portfolio Pulse from Murtuza Merchant

September 10, 2024 | 4:06 pm

DAL

The FAA is investigating an incident at Atlanta Airport where a Delta Air Lines plane struck the wingtip of an Endeavor Air plane. The investigation will determine the cause and any potential safety violations.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 3:59 pm

AAPL

Apple's 'It's Glowtime' event unveiled new hardware, including the iPhone 16 and Watch Series 10, and highlighted its AI strategy. The company aims to integrate AI features like Siri enhancements and a clinical-grade hearing aid option in AirPods, pending regulatory approval. Apple is focusing on AI to boost sales, despite being late to the AI market compared to peers like Google.

Portfolio Pulse from Upwallstreet

September 10, 2024 | 3:49 pm