Streetbeat News

Regulatory

NNE

SMR

Nuclear-related stocks are seeing a rise as Donald Trump promises to eliminate the EPA's 'power plant rule' and push for advanced small modular nuclear reactors if re-elected.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 7:54 pm

ANCTF

QSR

Canadian company Alimentation Couche-Tard has proposed a $31 billion bid to acquire Seven & I Holdings, the owner of 7-Eleven. If approved, this would be the largest foreign takeover of a Japanese company, creating a global leader in convenience stores. The merger could face regulatory scrutiny in North America.

Portfolio Pulse from Chris Katje

August 19, 2024 | 7:43 pm

SPY

Vice President Kamala Harris has proposed raising the corporate tax rate to 28%, reversing a tax cut implemented during the Trump administration. This proposal could impact corporate earnings and stock prices, particularly for large companies.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 7:28 pm

CVS

DRIV

F

GM

KARS

STLA

TSLA

VHT

WBA

XLV

The Democratic National Convention (DNC) in Chicago features key speeches from President Joe Biden and UAW President Shawn Fain. Auto stocks, particularly those of GM, Ford, Stellantis, and Tesla, are in focus due to UAW's involvement. Health care and abortion rights are also highlighted, impacting related stocks and ETFs.

Portfolio Pulse from Chris Katje

August 19, 2024 | 7:28 pm

APDN

Applied DNA Sciences is working to expand the use of its Linea Mpox Virus 1.0 Assay for detecting Mpox Clade I, following the WHO's public health emergency declaration. Validation studies are in progress for a filing with the NYSDOH.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 7:27 pm

NNE

SMR

SPY

Donald Trump has pledged to accelerate the deployment of advanced small modular nuclear reactors if he is elected. This could impact companies involved in nuclear energy and related sectors.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 6:54 pm

EIS

SPY

Senior White House officials are set to convene in Cairo for Gaza ceasefire negotiations by the end of the week, with President Biden actively involved in the efforts.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 6:52 pm

X

Donald Trump has announced his intention to block Nippon Steel's acquisition of U.S. Steel and to eliminate the EPA's 'Power Plant Rule' if he is elected. This could have significant implications for the steel industry and environmental regulations.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 6:49 pm

BTCUSD

ETHUSD

The Democratic Party's platform omits cryptocurrency, contrasting with the Republican Party's pro-crypto stance. Donald Trump, the GOP nominee, supports Bitcoin mining rights and holds Ethereum assets. This divergence highlights crypto as a key issue in the upcoming election.

Portfolio Pulse from Murtuza Merchant

August 19, 2024 | 6:42 pm

ALZN

CING

LQDA

SOND

TOVX

ZIM

U.S. stocks rose with the Nasdaq gaining 150 points. ZIM Integrated Shipping Services reported strong Q2 results, boosting its stock. Alzamend Neuro surged 474% after announcing a partnership for a PTSD study. Sonder Holdings rose 98% following a licensing deal with Marriott and securing $146M in liquidity. Liquidia Corporation fell 29% after FDA's tentative approval of YUTREPIA. Theriva Biologics and Cingulate Inc. also saw significant declines.

Portfolio Pulse from Avi Kapoor

August 19, 2024 | 6:37 pm