Streetbeat News

Regulatory

RMNI

Rimini Street received a letter from Nasdaq on September 5, indicating that the company no longer complies with Nasdaq's audit committee requirements, as per an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 8:11 pm

AFL

AFLAC has filed for a debt shelf with the SEC, although the size of the offering has not been disclosed. This move allows AFLAC to issue debt securities in the future, providing flexibility in raising capital.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 8:11 pm

AAPL

F

NVDA

SOXX

September's market volatility is driven by cooling labor data and increased bets on a large Fed rate cut. Semiconductors, particularly Nvidia, faced significant declines due to potential antitrust investigations and Broadcom's disappointing guidance. Ford explores in-car ads, and Apple's upcoming iPhone 16 event may boost its stock.

Portfolio Pulse from Piero Cingari

September 06, 2024 | 8:08 pm

FRSX

Foresight Autonomous Holdings Ltd. has received a non-compliance notice from Nasdaq because its American Depositary Shares (ADSs) have been trading below $1. The company has been given a 180-day period to regain compliance, with a deadline set for March 2025.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 8:06 pm

META

Meta Platforms Inc. is working to comply with the EU's Digital Markets Act by integrating third-party chat features into WhatsApp and Messenger for European users. This move aims to enhance user experience and align with regulatory requirements, although full interoperability will take years to achieve.

Portfolio Pulse from Vaishali Prayag

September 06, 2024 | 8:05 pm

LIPO

Lipella Pharmaceuticals has been granted a U.S. patent for their technology involving the delivery of agents using metastable liposomes, specifically for their lead drug targeting hemorrhagic cystitis, cancer, and painful bladder syndrome.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 8:04 pm

SPY

Top aides to President Joe Biden are working on a proposal to create a US sovereign wealth fund aimed at investing in national security interests such as technology, energy, and supply chain links. This initiative is similar to a proposal by Donald Trump for a government-owned investment fund.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 7:54 pm

SPY

The Biden administration is working on a proposal to create a US sovereign wealth fund aimed at investing in national security interests such as technology, energy, and supply chain links. This initiative is being crafted by National Security Advisor Jake Sullivan and his deputy, Daleep Singh, and is similar to a proposal by Donald Trump for a government-owned investment fund.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 7:53 pm

GOOG

GOOGL

A judge has requested the Department of Justice to submit a proposal by the end of the year in the ongoing Google antitrust case. A decision is expected by August 2025.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 7:26 pm

EBS

GOVX

INO

MRNA

The CDC reports no cases of Clade I Mpox in the U.S. as of September 6, while Clade II Mpox continues to circulate at low levels.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 7:18 pm