Streetbeat News

Regulatory

ZOM

Zomedica Corp. has secured the CE Mark for its TRUVIEW digital microscopy platform, allowing it to expand into the European market. This certification enables the commercialization of TRUVIEW across the European Economic Area, enhancing diagnostic capabilities for veterinary professionals.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 10:36 am

MCK

McKesson Corporation has agreed to sell its Canada-based Rexall and Well.ca businesses to Birch Hill Equity Partners. The transaction aligns with McKesson's strategy to focus on its oncology and biopharma services platforms. The deal is subject to regulatory approvals.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 10:04 am

COIN

The FBI has issued a warning about North Korean hackers targeting U.S.-based Bitcoin and Ethereum ETFs. These hackers, known for major cryptocurrency attacks, are researching potential targets, raising concerns about the security of these financial products. Coinbase, the custodian for most Bitcoin and Ethereum ETFs, is highlighted as a potential vulnerability.

Portfolio Pulse from Aniket Verma

September 05, 2024 | 10:04 am

HOOD

Robinhood Markets Inc. has settled for $3.9 million with California's Department of Justice over past restrictions on cryptocurrency withdrawals. The settlement resolves issues related to historical practices and comes as Robinhood aims to expand its cryptocurrency offerings.

Portfolio Pulse from Benzinga Neuro

September 05, 2024 | 8:08 am

TSLA

Tesla plans to roll out its full self-driving (FSD) software in Europe and China by Q1 2025, pending regulatory approval. The company is focusing on FSD improvements in the U.S. and deploying it on the Cybertruck. CEO Elon Musk is optimistic about achieving vehicle autonomy.

Portfolio Pulse from Anan Ashraf

September 05, 2024 | 7:43 am

NISTF

NPSCY

X

The Biden administration has flagged Nippon Steel's $14.9 billion acquisition of U.S. Steel as a potential national security risk, which could lead to the deal being blocked. The Committee on Foreign Investment in the United States (CFIUS) expressed concerns about the impact on American steel production and trade remedies. The companies involved argue that blocking the deal could lead to job losses and weakened steel supply.

Portfolio Pulse from Benzinga Neuro

September 05, 2024 | 7:41 am

TSLA

SpaceX has evacuated employees from Brazil and halted travel due to Elon Musk's legal battle with Brazil's Supreme Court over his social media platform X. The court has banned X and frozen SpaceX's Starlink finances in Brazil, causing concerns among foreign investors and potentially impacting Musk's other ventures, including Tesla.

Portfolio Pulse from Benzinga Neuro

September 05, 2024 | 7:15 am

BTCUSD

Anthony Scaramucci, CEO of SkyBridge Capital, predicts Bitcoin could reach $150K-$200K as the number of Bitcoin wallets approaches one billion. He attributes current growth delays to regulatory hurdles but remains optimistic about Bitcoin's future.

Portfolio Pulse from Aniket Verma

September 05, 2024 | 7:11 am

AVGO

DLTR

NVDA

SAIC

TTC

The S&P 500 and Nasdaq fell for the second consecutive session, influenced by Nvidia's decline due to a DOJ subpoena and Dollar Tree's poor earnings. The Fear & Greed Index is in the 'Neutral' zone, reflecting mixed market sentiment.

Portfolio Pulse from Avi Kapoor

September 05, 2024 | 6:55 am

NUVO

The U.S. Bankruptcy Court for the District of Delaware has imposed significant trading restrictions on equity interests in Holdco Nuvo Group D.G Ltd. and its affiliates, following a court ruling.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 6:40 am