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Regulatory

BABA

BIDU

NVDA

Chinese AI developers are bypassing U.S. semiconductor sanctions by using Nvidia chips through overseas data centers. Alibaba, Tencent, and Baidu are increasing investments in AI infrastructure. Nvidia's stock has surged due to AI demand, while Alibaba's stock has declined due to economic challenges and sanctions.

Portfolio Pulse from Anusuya Lahiri

August 26, 2024 | 12:17 pm

DARE

Daré Bioscience has published safety findings from its Phase 2b RESPOND clinical study of Sildenafil Cream, 3.6% in The Journal of Sexual Medicine. The study shows the cream is safe and well-tolerated, without common side effects like headache and flushing seen in oral sildenafil.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:13 pm

GMGI

Golden Matrix Group's subsidiary, Meridianbet, has been shortlisted for an exclusive sports betting and iGaming license in Brazil, positioning it among a select group of global operators in a highly anticipated market.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:12 pm

DM

NNDM

Nano Dimension has cleared a significant antitrust milestone for its acquisition of Desktop Metal, with the deal expected to close in Q4 2024.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:06 pm

ETHA

FBTC

FETH

GBTC

IBIT

Bitcoin ETFs saw significant inflows last week, with BlackRock and Fidelity leading the charge, while Grayscale experienced outflows. This surge is linked to potential interest rate cuts hinted by Fed Chairman Powell. Ethereum ETFs faced outflows, but new products still attracted substantial investments.

Portfolio Pulse from Murtuza Merchant

August 26, 2024 | 12:05 pm

RYTM

Rhythm Pharmaceuticals announced that the FDA has accepted its supplemental NDA for IMCIVREE, targeting obesity in young children with specific genetic conditions. The FDA has granted a Priority Review with a decision expected by December 26, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:05 pm

CLBK

Columbia Financial, Inc. (NASDAQ:CLBK) has received regulatory approval to merge Freehold Bank into Columbia Bank, with the merger expected to complete on October 5, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:03 pm

DM

NNDM

Nano Dimension has announced the expiration of the DOJ Hart-Scott-Rodino waiting period for its acquisition of Desktop Metal, marking a significant antitrust milestone. The deal is expected to close in Q4 2024.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:01 pm

ETHUSD

TONUSD

Telegram founder Pavel Durov's arrest in France has sparked concerns in the tech and crypto communities. French authorities cite Telegram's moderation practices as a reason for the arrest. The Open Network (TON) and crypto figures like Vitalik Buterin and Justin Sun have shown support for Durov.

Portfolio Pulse from Murtuza Merchant

August 26, 2024 | 11:55 am

VCEL

Vericel Corporation has received FDA approval for the arthroscopic delivery of its MACI product, enhancing knee cartilage treatment options.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 11:47 am