Streetbeat News

Regulatory

VSACU

Trading for VSACU was halted at 4:25:00 p.m. ET due to pending news. This indicates that significant information regarding the company is expected to be released soon.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:25 pm

VSACW

Trading for VSACW was halted at 4:25:00 p.m. ET due to pending news. This indicates that significant information regarding the company is expected to be released soon.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:25 pm

EVE

EVe Mobility Acquisition Corp has been granted an extension by the NYSE to regain compliance with listing standards. This extension allows the company more time to meet the necessary requirements to remain listed on the exchange.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:18 pm

WT

The US SEC has charged WisdomTree with failing to adhere to investment criteria for its ESG-market funds. WisdomTree has agreed to a cease-and-desist order, censure, and a $4 million civil penalty.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:08 pm

IRTC

iRhythm Technologies has received FDA 510(k) clearance for design updates to its Zio AT device, marking progress in its remediation efforts and commitment to quality and compliance. A second 510(k) decision is expected soon.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 8:07 pm

BTCUSD

XRPUSD

Bitcoin is nearing its all-time high, with analysts predicting a bullish trend due to favorable market conditions, including potential interest rate cuts and increased global liquidity. In contrast, XRP faces uncertainty due to an ongoing SEC appeal against Ripple, which could lead to significant price volatility depending on the outcome.

Portfolio Pulse from Murtuza Merchant

October 21, 2024 | 7:36 pm

NVDA

TSM

Nvidia's stock has reached an all-time high due to strong AI demand, particularly for its GPUs. The company is experiencing high demand for its next-gen Blackwell GPU platform. Nvidia's upcoming earnings report and partnerships, like the one with Aidoc, are key focus areas. However, export restrictions pose potential challenges.

Portfolio Pulse from Vaishali Prayag

October 21, 2024 | 7:10 pm

XRP

Ripple Labs co-founder Chris Larsen has donated nearly $10 million to Kamala Harris' presidential campaign, supporting her vision for the cryptocurrency industry. Despite this, Harris' election odds remain lower than Donald Trump's. The crypto community is divided, with some leaders supporting Trump for his stance on SEC regulation.

Portfolio Pulse from Murtuza Merchant

October 21, 2024 | 6:50 pm

MAPS

Weedmaps, listed as WM Technology Inc. (NASDAQ:MAPS), faces a class action lawsuit from investors following SEC fines for misleading performance metrics. The SEC charged Weedmaps with inflating user metrics, leading to fines for former executives. The lawsuit expands to include additional executives. NASDAQ warned Weedmaps about its stock price falling below $1.00, risking delisting.

Portfolio Pulse from Juan Spínelli

October 21, 2024 | 6:29 pm

SPY

Neel Kashkari, President of the Minneapolis Federal Reserve, stated that the primary role of monetary policy in reducing inflation was likely in anchoring inflation expectations rather than reducing demand.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 6:25 pm