Streetbeat News

Regulatory

GOOG

GOOGL

The U.S. Federal Trade Commission (FTC) has outlined its concerns regarding remedies in an amicus brief following a jury verdict that found Google illegally monopolized its app store. This development could have significant implications for Google's business operations and regulatory environment.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 2:33 pm

BYDDF

TSLA

The global electric vehicle (EV) market continues to grow, with China leading the charge with a 31% increase in sales over the past year. In contrast, EV sales in the EU and UK have declined by 8%. Tesla's sales in China surged by 15% year-on-year in July, despite a dip in the overall NEV market. The European Commission has imposed provisional tariffs on Chinese EV imports, which will have a lesser impact on Tesla and BYD. BYD's pure EV sales fell by nearly 4% in July, raising concerns about EV demand.

Portfolio Pulse from Lekha Gupta

August 13, 2024 | 1:56 pm

AEMD

GOVX

INO

MRNA

SIGA

TNXP

The Africa CDC has declared Mpox a public health emergency of continental security, highlighting the urgency and potential impact of the disease on the continent.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 1:51 pm

BCE

TU

The Canadian telecom regulator has mandated that BCE, Telus, and Sasktel provide their rivals with wholesale access to their fiber-optic networks. This move aims to increase competition in the telecom sector.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 1:33 pm

GLD

IWM

QQQ

SPY

TLT

A lower-than-expected Producer Price Index (PPI) report has led to increased bullish sentiment in premarket trading, with traders boosting bets on a larger Federal Reserve interest rate cut next month. Key ETFs like SPY, QQQ, IWM, and TLT saw gains, while GLD experienced a slight dip.

Portfolio Pulse from Piero Cingari

August 13, 2024 | 1:30 pm

NRXS

NeurAxis announced that BlueCrossBlueShield Vermont will cover its PENFS treatment starting October 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 1:05 pm

AIRJ

Montana Technologies Corporation (NASDAQ:AIRJ) announced it will restate its unaudited financial statements for the three months ended March 31, 2024. Investors should no longer rely on the previously issued financial statements or any related earnings releases and communications.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:57 pm

LUCD

PAVM

Lucid Diagnostics announced that the American Foregut Society has formally requested health insurance providers to update their medical policies to include the EsoGuard Esophageal DNA test as a covered service. This aims to enhance early detection and treatment of esophageal precancer.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:55 pm

SHPH

Trading halt status for SHPH was updated at 8:55:00 AM ET. The halt is due to pending news and the resumption times will be announced.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:55 pm

CTOR

Trading halt status for CTOR was updated at 8:55:00 AM ET. The halt was due to pending news and the resumption times have been provided.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:55 pm