Streetbeat News

Regulatory

LCW

Learn CW Investment has extended the period to consummate its initial business combination to September 13, 2024. This is the eleventh of up to twelve one-month extensions allowed under the company's governing documents, as amended in the Extraordinary General Meeting on October 11, 2023.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 8:01 am

HD

KYTX

PSFE

RMBL

XP

U.S. stock futures are trading higher this morning. Key stocks to watch include Home Depot, RumbleOn, Paysafe, Kyverna Therapeutics, and XP Inc. Home Depot is expected to report strong earnings, RumbleOn beat revenue estimates, Paysafe is anticipated to post solid earnings, Kyverna Therapeutics received FDA RMAT designation, and XP Inc. is expected to report earnings after the closing bell.

Portfolio Pulse from Avi Kapoor

August 13, 2024 | 7:44 am

TSLA

Donald Trump praised Tesla CEO Elon Musk for his actions against unionizing efforts and for producing great electric vehicles. Trump also mentioned the potential elimination of EV subsidies, which Musk believes would slightly impact Tesla but devastate competitors. Musk endorsed Trump and discussed forming a 'government deficiency commission' if Trump reclaims the White House.

Portfolio Pulse from Anan Ashraf

August 13, 2024 | 5:37 am

TSLA

During an interview, former President Donald Trump expressed concerns about AI's significant energy consumption to Tesla CEO Elon Musk. Trump highlighted that AI requires twice the energy the country currently produces. The energy demands of AI have been a topic of concern, with other industry leaders like Arm Holdings' CEO and Google's environmental report also addressing the issue.

Portfolio Pulse from Ananya Gairola

August 13, 2024 | 5:19 am

BTC-USD

Vivek Ramaswamy believes political pressures will drive Vice President Kamala Harris to adopt a supportive stance on cryptocurrencies, which he views as beneficial for America. He urges Harris to address key issues like self-custody of assets and SEC policies.

Portfolio Pulse from Aniket Verma

August 13, 2024 | 3:33 am

TRVN

Trading for Trevena Inc. (TRVN) 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 12, 2024 | 11:50 pm

SHPH

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

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 11:50 pm

MRMD

MariMed Inc. (OTC:MRMD) CEO Jon Levine discussed the company's strong Q2 performance, expansion plans, and future growth strategies during a fireside chat. MariMed is focusing on key markets like Maryland, Massachusetts, Illinois, and Ohio, and is exploring M&A and licensing opportunities. Levine expressed optimism about cannabis rescheduling within the next 12 months.

Portfolio Pulse from Nicolás Jose Rodriguez

August 12, 2024 | 11:19 pm

SONY

Celine Dion and Sony Music Entertainment Canada have objected to the unauthorized use of Dion's song 'My Heart Will Go On' at a Trump campaign rally. Sony, a unit of Sony Group Corp (NYSE:SONY), has not yet taken legal action. The family of musician Isaac Hayes is demanding $3 million from Trump for unauthorized use of 'Hold On, I'm Coming' and may pursue legal action if their demands are not met.

Portfolio Pulse from Chris Katje

August 12, 2024 | 10:40 pm

SPWR

SunPower has received a notice from Nasdaq about the delisting of its common stock. Trading on Nasdaq will be suspended on August 16, 2024, and the stock is expected to move to the 'pink sheets'.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 9:03 pm