Streetbeat News

Regulatory

ARKA

BITB

ETHA

ETHW

FETH

GBTC

IBIT

The launch of Ethereum ETFs in the U.S. saw a strong start with $107 million in net inflows on the first day. BlackRock's iShares Ethereum Trust (ETHA) led with $266.55 million, followed by Bitwise Ethereum (ETHW) and Fidelity Ethereum Fund (FETH). Bitcoin ETFs, however, experienced net outflows, with Grayscale (GBTC), Ark & 21Shares (ARKA), and Bitwise (BITB) seeing significant outflows, while BlackRock's Bitcoin ETF (IBIT) had a net inflow.

Portfolio Pulse from Murtuza Merchant

July 24, 2024 | 12:04 pm

AMIX

Autonomix Medical, Inc. (NASDAQ:AMIX) has completed a licensing transaction with RF Innovations, Inc. for the Apex 6 Radiofrequency Generator. This deal grants Autonomix a perpetual non-exclusive worldwide and royalty-free license, reinforcing its FDA regulatory pathway and enhancing its supply chain.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 12:03 pm

OST

Ostin Technology Group Co., Ltd. (NASDAQ:OST) has received an additional 180-day extension from Nasdaq to regain compliance with the minimum $1.00 bid price requirement, extending the deadline to January 13, 2025.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 12:01 pm

MDAI

Spectral AI, Inc. (NASDAQ:MDAI) announced a 30% increase in its patent portfolio, now holding 26 granted patents and 38 pending applications. This expansion strengthens the company's proprietary AI-driven DeepView System for wound assessment.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 12:00 pm

AAPL

TSLA

Elon Musk, CEO of Tesla, agreed with Mark Zuckerberg's critique of Apple, raising questions about Apple's ability to maintain its position amid growing hostilities. Musk's agreement comes despite his history of disagreements with Zuckerberg and follows Apple's rejection of Meta's AI partnership proposal over privacy concerns.

Portfolio Pulse from Rounak Jain

July 24, 2024 | 11:52 am

BZ

DIS

IQ

The article highlights three oversold stocks in the communication services sector: Walt Disney Co (DIS), iQIYI Inc (IQ), and Kanzhun Ltd (BZ). These stocks have RSI values near or below 30, indicating potential undervaluation. Disney faces antitrust concerns in India, iQIYI was downgraded by HSBC, and Kanzhun posted strong quarterly results but saw a stock dip.

Portfolio Pulse from Avi Kapoor

July 24, 2024 | 11:50 am

BA

ITA

PPA

Boeing has resumed deliveries of its 737 MAX aircraft to China after a regulatory delay. This marks a significant boost for Boeing, which has faced safety and quality issues. The company has delivered 22 aircraft to China from the start of 2024 to April 30 and holds an inventory of approximately 140 737 MAX 8 planes. Boeing estimates that Chinese airlines will require around 8,830 new commercial aircraft by 2043. Boeing stock has lost more than 13% in the last 12 months.

Portfolio Pulse from Shivani Kumaresan

July 24, 2024 | 11:40 am

NTBL

Notable Labs announced progress for the Phase 2 Volasertib program after receiving 'clearance to proceed' from the FDA and agreement on the dosing plan for its Phase 2 clinical trial.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 11:33 am

EMLDU

Trading halt status for EMLDU was updated at 7:30:00 AM ET. The news and resumption times have been provided.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 11:30 am

EMLD

Trading halt status for EMLD was updated at 7:25:00 AM ET. The news and resumption times are expected to be announced soon.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 11:25 am