Streetbeat News

Regulatory

JOBY

Joby Aviation shares are trading higher after the company announced it has formally applied for its revolutionary aircraft to be certified for use in Australia.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 11:49 am

OKYO

OKYO Pharma has been granted a European patent for its novel OK-101 chemerin analogs, enhancing its intellectual property portfolio.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 11:09 am

AAPL

AMZN

GOOG

GOOGL

A U.S. federal judge ruled that Alphabet Inc.'s Google has unlawfully maintained monopolies in search and text advertising markets, marking a significant win for the DOJ led by Jonathan Kanter. This ruling is part of broader antitrust actions against major tech firms including Apple and Amazon.

Portfolio Pulse from Ananya Gairola

August 06, 2024 | 10:35 am

BHP

BQSSF

CAULF

DYLLF

Uranium explorers are urging Western Australian authorities to lift the ban on uranium mining to capitalize on rising global demand and prices. Australia holds a significant portion of the world's uranium reserves but has limited mining operations due to state bans. The call to lift the ban is supported by industry leaders and could potentially generate $1 billion in exports and create 9,000 jobs.

Portfolio Pulse from Stjepan Kalinic

August 06, 2024 | 10:29 am

JOBY

Joby Aviation has formally applied for its electric air taxi to be certified for use in Australia. The company is also seeking validation of its FAA type certificate by aviation authorities in Japan and the UK.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:01 am

GRIN

Grindrod Shipping announced its intention to voluntarily delist its ordinary shares from the NASDAQ Global Select Market. The delisting is set to be effective before the opening of Nasdaq on August 26, 2024, with a Form 25 to be filed on August 16, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:32 am

QNRX

Quoin Pharmaceuticals has initiated a pediatric clinical study for Peeling Skin Syndrome in New Zealand. The company is also evaluating the possibility of opening additional clinical sites in other countries.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:03 am

BTCUSD

Donald Trump has proposed a state Bitcoin reserve, which could positively impact Bitcoin prices but expose investors to risks if the government sells its reserves. The U.S. government currently holds $11.1 billion worth of crypto, including 203,239 Bitcoin tokens. Experts are skeptical about the plan.

Portfolio Pulse from Benzinga Neuro

August 06, 2024 | 8:59 am

CHDRY

LVMUY

Christian Dior SE (OTC:CHDRY), a subsidiary of LVMH (OTC:LVMUY), is under scrutiny for delayed UK supply chain disclosures and outdated certifications. The company has now published a 2023 modern slavery statement and claims to have ceased working with non-compliant suppliers. This comes as LVMH faces other challenges, including missed earnings expectations and a potential shift in CEO rankings.

Portfolio Pulse from Benzinga Neuro

August 06, 2024 | 8:58 am

BTCUSD

Economist Justin Wolfers attributes recent market volatility to fears of insider knowledge and Federal Reserve decisions. He highlights the impact of potential Democratic VP nominee shifts and the Fed's decision not to cut rates, despite a fall in the 10-year bond yield. Former President Trump criticizes current U.S. leadership for the market sell-off, and speculation on a potential rate cut in September intensifies due to economic data.

Portfolio Pulse from Kaustubh Bagalkote

August 06, 2024 | 8:19 am