Streetbeat News

Regulatory

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

SPY

USO

VGK

The U.S. Treasury Department has announced new sanctions targeting Iran and Russia. These sanctions are likely to impact global markets, particularly in sectors related to energy and defense.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 3:46 pm

USO

VGK

Ukraine's Foreign Ministry has stated it may consider cutting diplomatic ties with Tehran if Russia uses Iranian missiles in the Ukraine war. This development could impact geopolitical relations and energy markets.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 3:46 pm

TEVA

VGK

Teva Pharmaceuticals is expected to be fined by EU antitrust regulators for disparaging a rival's multiple sclerosis medicine. This development could impact Teva's financials and market perception.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 3:39 pm

MS

Morgan Stanley's Co-President Dan Simkowitz reports that clients are cautiously optimistic due to expectations of rate cuts ahead of elections in various countries.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 3:30 pm

SILO

Silo Pharma's shares declined following the completion of a pre-investigational new drug meeting with the FDA for their SPOC-15 treatment, aimed at PTST and stress-induced anxiety disorder.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 2:52 pm

NSC

Norfolk Southern reports no impact from Tropical Storm Francine, with operations continuing as scheduled. However, the Port of New Orleans will close flood gates, and customers in the Southeast and Mid-Atlantic regions should expect delays.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 2:44 pm

KRE

SPY

XLF

Federal Reserve's Michael Barr announced that regulators are expected to finalize a long-term debt rule for banks soon. This development could impact financial markets and banking sector ETFs.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 2:39 pm

KRE

SPY

XLF

Fed's Vice Chair for Supervision, Michael Barr, expressed confidence that the Basel III regulatory overhaul will receive broad support from the Federal Reserve Board. This overhaul aims to strengthen bank capital requirements and improve financial stability.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 2:36 pm