Streetbeat News

Regulatory

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

DJT

SPY

The FBI has announced an investigation into an alleged hack of the Trump campaign by Iran. This development could have implications for political stability and cybersecurity concerns.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 8:55 pm

ACB

TLRY

Germany's cannabis market is growing rapidly, with Tilray Brands Inc. (NASDAQ:TLRY), Aurora Cannabis Inc. (NASDAQ:ACB), and Demecan emerging as key players in domestic cultivation. The market is projected to reach €1.7 billion ($1.86 billion) by 2025. These companies are strategically positioned to capitalize on the increasing demand for medical cannabis in Germany.

Portfolio Pulse from Javier Hasse

August 12, 2024 | 8:55 pm

VEEE

Trading halt status for VEEE was updated at 4:45:00 PM ET. The article provides information on the news and resumption times for the stock.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 8:45 pm