Streetbeat News

Regulatory

INTC

Intel's stock is rising due to potential positive impacts from the incoming Trump administration on the CHIPS Act funding, which is crucial for the company.

Portfolio Pulse from

November 13, 2024 | 8:45 pm

POWW

AMMO, Inc. is facing a class action lawsuit for alleged violations of securities regulations. The Schall Law Firm is inviting investors who incurred losses to join the lawsuit. The case involves alleged violations of the Securities Exchange Act of 1934.

Portfolio Pulse from

November 13, 2024 | 8:45 pm

BSGM

BioSig Technologies, Inc. has regained compliance with Nasdaq's minimum bid price requirement, ensuring its continued listing on the exchange.

Portfolio Pulse from

November 13, 2024 | 8:30 pm

SNDVF

Scandinavian Tobacco Group A/S has made a public disclosure regarding transactions by a person with managerial responsibilities. This announcement is part of their regulatory compliance.

Portfolio Pulse from

November 13, 2024 | 8:30 pm

AMZN

The National Labor Relations Board (NLRB) has ruled against mandatory anti-union meetings, following a complaint involving Amazon. This decision prevents companies from forcing employees to attend meetings that discuss the negative aspects of unionization.

Portfolio Pulse from

November 13, 2024 | 8:00 pm

TSLA

Tesla has issued its sixth recall for the Cybertruck this year, affecting over 2,400 vehicles due to a defective drive inverter that could lead to a loss of driving power and increased crash risk.

Portfolio Pulse from

November 13, 2024 | 7:15 pm

TSLA

Tesla is recalling 2,431 Cybertrucks to replace defective drive inverters, marking the sixth recall for the model in a year.

Portfolio Pulse from

November 13, 2024 | 7:00 pm

ASLE

AerSale's Q3 sales fell by 10.6%, but margins improved. The company is expanding MRO capacity, expected to boost EBITDA by $50 million annually. Despite AerAware commercialization challenges, AerSale focuses on MRO growth and disciplined asset acquisition. The price target is increased to $8.17, driven by $70 million in insurance claims, despite reduced EBITDA and free cash flow estimates for 2025 and 2026.

Portfolio Pulse from

November 13, 2024 | 6:30 pm

MGX

Metagenomi, Inc. is facing a class action lawsuit filed by The Schall Law Firm for alleged violations of federal securities laws related to its IPO. Shareholders who incurred losses are encouraged to join the lawsuit.

Portfolio Pulse from

November 13, 2024 | 6:30 pm