Streetbeat News

Regulatory

VALN

Valneva has secured up to $41.3 million from CEPI and the European Union to expand access to its chikungunya vaccine, IXCHIQ®. The funding will support clinical trials in vulnerable groups and technology transfer to an additional manufacturer for supply to Asian LMICs. IXCHIQ® is already approved for adults in the U.S., Canada, and Europe.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 6:02 am

FXI

The People's Bank of China has lowered its Loan Prime Rate to 3.35%, down from the previous 3.45% and below the estimated 3.45%.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 4:19 am

FXI

China's 5-year Loan Prime Rate (LPR) for July was reported at 3.85%, lower than the estimated 3.95% and the previous rate of 3.95%.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 4:19 am

BTCUSD

DOGEUSD

ETHUSD

Bitcoin and Ethereum held steady while Dogecoin spiked following President Joe Biden's withdrawal from the 2024 presidential race. Bitcoin closed above $68,000, and Ethereum is awaiting ETF approval. Analysts predict potential volatility and a possible rise to $71,500 for Bitcoin.

Portfolio Pulse from Aniket Verma

July 22, 2024 | 2:52 am

AAL

CRWD

DAL

MSFT

UAL

A flawed software update for Microsoft Windows by CrowdStrike has caused a global tech outage, leading to significant disruptions in U.S. air travel. Over 2,500 flights have been canceled for three consecutive days, with Delta Air Lines being heavily affected. The outage has impacted various sectors and resulted in a decline in CrowdStrike's stock price.

Portfolio Pulse from Ananya Gairola

July 22, 2024 | 1:34 am

DJT

Former President Donald Trump criticized President Joe Biden's withdrawal from the 2024 presidential race, suggesting the Republican Party should be compensated. Trump made these comments on Truth Social, a platform owned by Trump Media & Technology Group Corp (NASDAQ:DJT). Biden endorsed Vice President Kamala Harris as the Democratic nominee.

Portfolio Pulse from Benzinga Neuro

July 22, 2024 | 12:57 am

MSOS

President Joe Biden announced his decision to drop out of the presidential race, raising questions about the future of cannabis legalization under potential successors Kamala Harris or Donald Trump. Biden had initiated steps to reschedule marijuana from a Schedule I to a Schedule III substance. Kamala Harris has shown strong support for cannabis legalization, while Trump's stance remains unclear.

Portfolio Pulse from Maureen Meehan

July 21, 2024 | 7:47 pm

SPY

President Joe Biden has announced that he will not run in the 2024 Presidential Election. This decision could have significant implications for the political landscape and market sentiment.

Portfolio Pulse from Benzinga Newsdesk

July 21, 2024 | 6:08 pm

AAPL

AMZN

GOOGL

MSFT

NFLX

NTDOY

WBD

The latest consumer tech news includes Japan's increasing reliance on foreign digital services like Amazon Prime and YouTube Premium, China's AI regulation efforts, a legal ruling favoring Apple, Netflix discontinuing its cheapest ad-free plan, and various updates from Microsoft, AT&T, Warner Bros. Discovery, and Nintendo.

Portfolio Pulse from Lekha Gupta

July 21, 2024 | 5:50 pm

TCNNF

A DeSantis-backed coalition has launched a campaign to defeat Florida's cannabis legalization initiative, Amendment 3, which needs 60% voter support to pass in November 2024. Despite strong opposition from Gov. Ron DeSantis and the Republican Party, the amendment has significant support, including from Florida's largest medical marijuana company, Trulieve (OTC:TCNNF), which has invested over $40 million in the campaign.

Portfolio Pulse from Maureen Meehan

July 21, 2024 | 4:51 pm