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SPY

Canada has ordered final binding arbitration to resolve a rail stoppage, ending the labor disruption. Freight rail operations are set to resume immediately, as stated by the Canadian Labor Minister.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 8:54 pm

MTEX

Mannatech received a notification from Nasdaq about non-compliance with a listing rule. The company's stock will continue trading under the symbol MTEX. Mannatech has until February 15, 2025, to comply by achieving stockholders' equity of at least $10 million.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 8:53 pm

NKGN

NKGen Biotech has received a non-compliance notification from Nasdaq due to a delay in filing its quarterly report. This could impact the company's stock price and investor confidence.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 8:42 pm

AMZN

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INTC

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The Nasdaq 100 fell 1.6% as investors turned cautious ahead of Fed Chair Powell's speech at the Jackson Hole Symposium. Strong private sector data reduced expectations for a significant rate cut, leading to a market pullback. Semiconductor stocks and major tech companies like NVIDIA, Microsoft, Tesla, and Amazon contributed to the decline.

Portfolio Pulse from Piero Cingari

August 22, 2024 | 8:41 pm

QQQ

SPY

Federal Reserve officials, including Boston Fed President Susan Collins and Philadelphia Fed President Patrick Harker, have signaled a potential shift towards lowering interest rates, possibly starting in September. This comes ahead of Fed Chairman Jerome Powell's speech at the Jackson Hole Symposium. The U.S. dollar index rose, and Treasury yields increased, while the Nasdaq 100 and SPDR S&P 500 ETFs declined.

Portfolio Pulse from Piero Cingari

August 22, 2024 | 8:22 pm

FRES

Fresh2 Group Ltd. (NASDAQ:FRES) has received a delinquency compliance alert from Nasdaq for not filing its Form 10-Q for the period ended June 30, 2024, violating Nasdaq's Listing Rules.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 8:18 pm

GURE

Gulf Resources has received a notice from Nasdaq due to the late filing of its Q2 2024 10-Q report. The company is required to submit an updated compliance plan by September 4, 2024, to avoid potential delisting.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 8:16 pm

KXIN

Kaixin Holdings shares are trading higher despite receiving a Nasdaq delisting notice.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 8:14 pm

JAZZ

Jazz Pharmaceuticals announced that their Phase 3 trial in Japan for cannabidiol oral solution did not meet the primary efficacy endpoint for treatment-resistant epilepsies, though some numeric improvements were noted. No new safety concerns were identified.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 8:11 pm

KXIN

Kaixin Holdings has received a delisting notice from Nasdaq due to its securities trading below $0.10 for ten consecutive days. Nasdaq staff plans to delist the company from the Nasdaq Capital Market.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 8:05 pm