Streetbeat News

Regulatory

BNOX

Bionomics announced favorable outcomes from an End-of-Phase 2 (EoP2) meeting with the FDA regarding the development of BNC210 for treating Post-traumatic Stress Disorder (PTSD).

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 10:38 am

TFX

Teleflex has received FDA 510(k) clearance for its Ringer Perfusion Balloon Catheter, the only commercially available percutaneous transluminal coronary angioplasty perfusion balloon.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 10:35 am

EWJ

Japan has confirmed that it has intervened in the currency market over the past month, according to a report by Dow Jones. This intervention is likely aimed at stabilizing the yen, which has seen significant volatility recently.

Portfolio Pulse from charles@benzinga.com

July 31, 2024 | 10:22 am

C

SPY

Citigroup has breached a Federal Reserve rule limiting intercompany transactions, leading to errors in its internal liquidity reporting. This incident could have implications for the bank's regulatory standing and investor confidence.

Portfolio Pulse from charles@benzinga.com

July 31, 2024 | 10:08 am

AKAM

Akamai Technologies announced its intent to achieve the Federal Risk and Authorization Management Program (FedRAMP) High accreditation for its comprehensive portfolio of services through an initiative called Defense Edge.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 10:01 am

AMD

ASML

NVDA

ASML shares surged over 7% following the Biden administration's announcement of a new rule on foreign chip equipment exports to China, which exempts key allies like Japan, the Netherlands, and South Korea. This rule positively impacted other major chip makers like NVIDIA and AMD.

Portfolio Pulse from Benzinga Neuro

July 31, 2024 | 9:31 am

AMZN

The U.S. Consumer Product Safety Commission (CPSC) has ordered Amazon to recall over 400,000 hazardous products sold on its platform, including faulty carbon monoxide detectors, hairdryers without electrocution protection, and children's sleepwear that violates federal flammability standards. Amazon is required to submit plans to notify customers and remove these products from circulation. The company plans to appeal the ruling.

Portfolio Pulse from Ananya Gairola

July 31, 2024 | 9:25 am

BTCUSD

Nobel laureate Paul Krugman criticized Donald Trump's support for Bitcoin, calling it a 'government bailout' of a scandal-ridden industry. Krugman questioned the economic utility of Bitcoin and highlighted its association with money laundering and extortion. Despite past criticisms, Bitcoin has seen a significant price increase since the collapse of FTX in 2022.

Portfolio Pulse from Aniket Verma

July 31, 2024 | 9:13 am

MSFT

OpenAI has started rolling out its advanced Voice Mode to a select group of ChatGPT Plus users, offering more natural, real-time conversations and emotional responsiveness. This comes after a delay due to safety concerns and a controversy involving Scarlett Johansson. Microsoft has integrated OpenAI models into its Azure cloud platform.

Portfolio Pulse from Benzinga Neuro

July 31, 2024 | 8:43 am

GOOG

GOOGL

META

Meta Platforms Inc. (NASDAQ:META) and Alphabet Inc. (NASDAQ:GOOG, NASDAQ:GOOGL) have faced criticism for their AI systems' handling of information related to an attempted assassination on former President Donald Trump. Meta's AI assistant incorrectly denied the event, which the company attributed to 'hallucinations' in generative AI. Alphabet's Google faced allegations of censoring search results, which it addressed by explaining outdated protections and automatic news topic generation.

Portfolio Pulse from Ananya Gairola

July 31, 2024 | 7:22 am