Streetbeat News

Regulatory

META

Meta's Instagram is back online in Turkey after a nine-day ban. The Turkish government lifted the ban following Instagram's agreement to comply with local demands. The ban was initially imposed due to Instagram's alleged non-compliance with Turkish laws, particularly regarding posts about the assassinated Hamas leader Ismail Haniyeh.

Portfolio Pulse from Ananya Gairola

August 12, 2024 | 1:35 am

TIP

Economist Brad Case suggests that the Federal Reserve is unlikely to cut interest rates in September, citing strong consumer spending and income growth. He believes a rate cut may occur in November if sustained economic weakness is observed. The CME FedWatch Tool shows mixed probabilities for a rate cut in September, while betting markets predict a high chance of cuts by the end of the year. The iShares TIPS Bond ETF (NYSE:TIP) saw a slight increase, reflecting market sentiment on inflation-protected bonds.

Portfolio Pulse from Shanthi Rexaline

August 11, 2024 | 6:00 pm

NVDA

PLTR

This week in AI saw significant developments, including Palantir Technologies Inc. (NYSE:PLTR) being hailed as a leader in AI by Wedbush Securities, and Nvidia Corporation (NASDAQ:NVDA) facing issues with chip smuggling into China and production delays. Additionally, a new AI chip from China surpasses Nvidia's H100 GPU in energy efficiency.

Portfolio Pulse from Benzinga Neuro

August 11, 2024 | 1:00 pm

META

Meta Platforms (NASDAQ:META) successfully defended against an appeal by Children’s Health Defense, an anti-vaccine group founded by Robert F. Kennedy Jr., regarding alleged censorship of vaccine misinformation on Facebook. The 9th U.S. Circuit Court of Appeals ruled in favor of Meta, stating that the nonprofit failed to prove Meta was influenced by federal officials. The court also dismissed allegations against the Poynter Institute and Science Feedback.

Portfolio Pulse from Ananya Gairola

August 10, 2024 | 3:05 am

SXTPW

Trading for SXTPW was halted at 7:50:00 p.m. ET due to pending news.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 11:50 pm

SXTP

Trading for SXTP was halted at 7:50:00 p.m. ET due to pending news. Investors should stay tuned for further updates.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 11:50 pm

DWAC

Trump Media & Technology Group has stated in an SEC filing that it does not have substantial doubt about its ability to continue as a going concern as of June 30.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 8:39 pm

HUN

Huntsman Corporation has filed a debt securities shelf registration with the SEC, allowing the company to issue debt securities in the future.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 8:36 pm

UNH

UnitedHealth Group announced that Change Healthcare reported a breach under the Health Insurance Portability and Accountability Act (HIPAA) in June. Change Healthcare began notifying affected customers in June and individuals in late July.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 8:23 pm

BTCUSD

DOGEUSD

ETHUSD

Cryptocurrency markets are trading marginally higher with Bitcoin, Ethereum, and Dogecoin showing gains. Notable developments include a new Trump-themed coin, a CBOE application for Bitcoin ETF options, and Putin's approval of crypto mining in Russia. Analysts predict Bitcoin could reach $100,000 by the end of 2024.

Portfolio Pulse from Khyathi Dalal

August 09, 2024 | 8:17 pm