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Regulatory

BA

Boeing's Starliner spacecraft is being prepared for an uncrewed return to Earth from the ISS. Astronauts Sunita Williams and Butch Wilmore, initially launched via Starliner, will return in February on a SpaceX vehicle due to technical issues with Starliner. The spacecraft is set to undock on September 6 and land on September 7.

Portfolio Pulse from Anan Ashraf

September 04, 2024 | 6:56 am

MSFT

OpenAI CEO Sam Altman is planning a major AI infrastructure project in the U.S., potentially costing tens of billions of dollars. The project aims to form a global coalition of investors, including those from Canada, Korea, Japan, and the UAE. Microsoft, OpenAI's largest investor, is expected to participate. The project may attract scrutiny from the Committee on Foreign Investment in the U.S.

Portfolio Pulse from Ananya Gairola

September 04, 2024 | 6:29 am

META

The DOJ has announced a new strategy for dealing with foreign threats on social media, stating that companies like Meta will not be forced to remove content. This comes after Meta's CEO, Mark Zuckerberg, claimed the Biden administration pressured Facebook to censor content.

Portfolio Pulse from Ananya Gairola

September 04, 2024 | 4:46 am

AAVEUSD

ETHUSD

Former President Donald Trump is reportedly launching a cryptocurrency initiative, World Liberty Financial, modeled after the DeFi platform Dough Finance, which was recently hacked. The project will be built on Aave and Ethereum, featuring a governance token WLFI with transfer restrictions.

Portfolio Pulse from Aniket Verma

September 04, 2024 | 4:16 am

NVDA

Cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced significant declines, leading to large liquidations of bullish bets. Bitcoin's price fell sharply, and the market sentiment turned bearish. Nvidia's stock also dropped significantly after receiving a DOJ subpoena.

Portfolio Pulse from Aniket Verma

September 04, 2024 | 2:04 am

CURLF

The US Cannabis Council (USCC) is advocating for federal cannabis legalization and regulation of hemp-derived intoxicating products. The council, which includes major cannabis companies like Curaleaf, is pushing for changes to the Farm Bill to address regulatory gaps. The debate is particularly heated in Florida, where political figures have conflicting stances on cannabis and hemp regulation. The USCC is also expanding to include hemp manufacturers, anticipating future regulatory changes.

Portfolio Pulse from Rolando García

September 03, 2024 | 11:15 pm

ASML

NVDA

SMH

SOXX

TSM

China's significant investment in semiconductor manufacturing, surpassing the combined spending of the US, Taiwan, and South Korea, could impact major chipmakers like Nvidia and ASML. Despite sanctions, China remains a key market for these companies, with substantial sales contributions.

Portfolio Pulse from Natan Ponieman

September 03, 2024 | 10:02 pm

LASE

Laser Photonics has received a letter from Nasdaq confirming its compliance with the listing rule, which is a positive development for the company.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 9:35 pm

LYV

The UK government is examining dynamic pricing practices by ticketing websites after Oasis fans faced high ticket prices for the band's reunion tour. Ticketmaster, owned by Live Nation Entertainment Inc (NYSE:LYV), is under scrutiny for its pricing strategies, which have led to complaints and government intervention.

Portfolio Pulse from Franca Quarneti

September 03, 2024 | 9:33 pm

NVDA

Nvidia Corp (NASDAQ:NVDA) is under investigation by the DOJ for potential antitrust violations, causing its stock to drop. The DOJ is examining if Nvidia penalizes customers who don't exclusively use its chips. Despite the investigation, analysts remain largely positive on Nvidia's stock outlook.

Portfolio Pulse from Erica Kollmann

September 03, 2024 | 9:24 pm