Streetbeat News

Regulatory

JOBY

Joby Aviation has initiated the process to become a certified air taxi operator in the UAE by applying for an Air Operator Certificate from the GCAA. This involves a five-stage process including developing manuals, facility inspections, and training observations.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 10:09 am

HITI

High Tide has entered a joint venture with Positive Intent Events to establish a strong presence in Canada's emerging cannabis hospitality sector. This move comes after Alberta's decision to permit licensed cannabis pop-up stores at adults-only festivals and events.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 10:06 am

AAPL

GOOGL

Apple and Alphabet's Google face significant fines from the EU Court of Justice. Apple is ordered to pay $14.4 billion in back taxes to Ireland, while Google's $2.65 billion fine for antitrust violations is upheld. Both companies' shares are trading lower in premarket.

Portfolio Pulse from Shanthi Rexaline

September 10, 2024 | 9:35 am

WAVS

Western Acquisition Ventures received a Nasdaq deficiency notification due to a delay in filing Form 10-Q. The company has 60 days to submit a compliance plan and may receive an extension until February 17, 2025. They are working to resolve the issue promptly.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 8:03 am

AAPL

Apple Inc. has announced a new feature in its AirPods Pro 2, introducing a clinical-grade hearing aid function. This aims to provide an affordable and stigma-free hearing solution, with features like Hearing Protection and a personalized Hearing Test. The feature is expected to receive FDA approval and be available globally this fall.

Portfolio Pulse from Pooja Rajkumari

September 10, 2024 | 8:01 am

MCAA

Mountain & Co. I Acquisition Corp. has received a delisting determination from Nasdaq and plans to appeal to maintain its listing. If no appeal is made by September 10, 2024, its securities will be suspended on September 12, 2023.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 8:00 am

IVBIY

Innovent Biologics presented updated results on Dupert (fulzerasib) for KRAS G12C-mutated NSCLC at the 2024 World Conference on Lung Cancer. The drug, a KRAS G12C inhibitor, was approved by the NMPA in August 2024 for advanced NSCLC patients.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 7:56 am

PLTR

TSLA

Elon Musk and Joe Lonsdale discussed government efficiency on social media, with Musk inviting Lonsdale to join a proposed Department of Government Efficiency. The conversation highlighted potential cost savings through technology, referencing past attempts to use Palantir's software for government efficiency.

Portfolio Pulse from Benzinga Neuro

September 10, 2024 | 7:29 am

BYDDF

BYDDY

GELYF

Chinese EV manufacturers, including BYD and Geely, are showcasing their products at the Frankfurt trade fair to counteract global trade barriers and expand their presence in international markets. Despite tariffs from the EU, US, and Canada, Chinese automakers are investing in overseas expansion and exploring new markets.

Portfolio Pulse from Benzinga Neuro

September 10, 2024 | 7:22 am

AAPL

NVDA

ORCL

PLTR

TSLA

On Monday, U.S. indices closed positively, with notable movements in Palantir, Apple, Nvidia, Oracle, and Tesla stocks. Palantir surged due to its upcoming inclusion in the S&P 500. Apple had a marginal increase after launching the iPhone 16. Nvidia rose amid an antitrust investigation. Oracle fell despite strong earnings and new cloud partnerships. Tesla gained following Panasonic's EV battery production announcement.

Portfolio Pulse from Benzinga Neuro

September 10, 2024 | 3:13 am