Streetbeat News

Regulatory

RCKT

Rocket Pharmaceuticals Inc has filed for a mixed shelf offering with the SEC, though the size of the offering has not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 8:08 pm

MSTR

Cryptocurrency markets are rallying despite challenging conditions, with Bitcoin, Ethereum, and Dogecoin seeing notable gains. Analysts have mixed feelings about the market's direction, but some believe Bitcoin will thrive regardless of political outcomes. Notable developments include the launch of 5ire's mainnet and the introduction of MSTX, a leveraged ETF for MicroStrategy stock.

Portfolio Pulse from Ivan Crnogatić

August 16, 2024 | 8:00 pm

DHI

LEN

PBJ

SPY

XHB

Vice President Kamala Harris outlined her plan to lower costs for middle-class Americans, focusing on food, home ownership, and healthcare. She criticized Donald Trump's tax plan, which she claims will increase costs for essential goods. Harris emphasized her commitment to building an 'opportunity economy' and targeting 'bad actors' in the food industry. She also proposed building three million new homes and restoring tax cuts for the middle class.

Portfolio Pulse from Chris Katje

August 16, 2024 | 7:37 pm

CING

Cingulate Inc. (NASDAQ:CING) shares surged by 239% after the company was granted a European patent for its ADHD treatment, CTx-1301. This patent covers up to 30 European territories, including the UK. Cingulate is also preparing to file a New Drug Application with the U.S. FDA.

Portfolio Pulse from Vaishali Prayag

August 16, 2024 | 6:59 pm

CDNA

CareDx shares are trading higher after the CMS retired a draft policy that would have restricted coverage for non-invasive blood-based surveillance testing for allograft rejection.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 6:42 pm

BTCUSD

USDTUSD

Donald Trump has named Howard Lutnick, CEO of Cantor Fitzgerald, to lead his transition team if he wins the presidency. Lutnick's involvement is significant for the crypto sector, given Cantor Fitzgerald's role as a custodian for Tether (USDT). Trump has positioned himself as a strong ally of the crypto industry, with J.D. Vance as his pro-crypto vice-presidential pick.

Portfolio Pulse from Murtuza Merchant

August 16, 2024 | 6:34 pm

AAPL

GOOGL

Epic Games has launched its mobile store in Europe, intensifying its ongoing conflict with Apple Inc. (NASDAQ:AAPL) and Alphabet Inc. (NASDAQ:GOOGL). The store, now live on Android globally and on iPhones in mainland Europe, follows years of legal disputes. Epic's CEO Tim Sweeney criticized Apple's app store fees and policies, which he claims penalize developers. The European Union's Digital Markets Act has facilitated this launch, but challenges remain. Epic aims for 100 million new installs by year-end and is working to attract third-party developers.

Portfolio Pulse from Franca Quarneti

August 16, 2024 | 6:32 pm

COIN

MSTR

SOLUSD

Crypto experts Raoul Pal and Anthony Scaramucci discussed the future of digital assets, predicting significant growth despite current market volatility. Pal emphasized that economic conditions favor crypto, while Scaramucci highlighted regulatory acceptance. They also discussed Solana's potential and the transformative power of NFTs.

Portfolio Pulse from Ivan Crnogatić

August 16, 2024 | 6:26 pm

EIS

SPY

U.S. officials have reported constructive talks in Doha regarding the Gaza conflict, with a deal nearly ready. Further negotiations are set to take place in Cairo next week, with Secretary Blinken actively involved.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 6:20 pm

SPY

Federal Reserve's Goolsbee signals caution as unemployment rises and credit conditions tighten. Businesses are struggling to pass on higher prices to consumers.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 6:12 pm