Streetbeat News

Regulatory

ITA

MISL

Boeing Company (NYSE:BA) shares are trading lower due to reduced production and delivery of aircraft, regulatory scrutiny, and a decrease in backlog. The stock has lost over 16% in the past year. Investors can gain exposure through IShares U.S. Aerospace & Defense ETF (BATS:ITA) and First Trust Indxx Aerospace & Defense ETF (NYSE:MISL).

Portfolio Pulse from Nabaparna Bhattacharya

June 11, 2024 | 6:02 pm

FDIS

TSLA

XLY

Nordic brokerages Avanza and Nordnet are allowing their clients to vote at Tesla's AGM for the first time, reflecting increased investor interest and comments from CEO Elon Musk. This move comes as Tesla seeks support for Musk's $56 billion compensation package, which has faced opposition from proxy advisory firms. Tesla stock has declined over 27% in the past year.

Portfolio Pulse from Shivani Kumaresan

June 11, 2024 | 6:00 pm

BSGM

BioSig Technologies shares are trading lower after the company was notified by the Nasdaq Hearings Panel that its common stock will be delisted from the Nasdaq Stock Market due to non-compliance with the minimum stockholders' equity requirement.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 5:52 pm

BSGM

BioSig Technologies (NASDAQ:BSGM) shares plummeted by 67% to $0.55 after the company announced it will be delisted from the Nasdaq Stock Market due to non-compliance with the minimum stockholders’ equity requirement. Trading will be suspended on Nasdaq starting June 12, and the stock will trade on the OTC Markets’ Pink Current Information tier under the symbol 'BSGM'. The company plans to appeal the decision.

Portfolio Pulse from Henry Khederian

June 11, 2024 | 5:52 pm

SPY

The World Health Organization (WHO) has reported a second case of human infection with the Avian Influenza A(H9N2) virus in India. The infected individual is a child residing in West Bengal.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 5:42 pm

AAPL

AFRM

BLK

BTCUSD

DIA

DXC

FMC

NEE

SPY

STT

XLF

XLK

Wall Street traded slightly in the red on Tuesday as markets awaited key events on Wednesday. The S&P 500 dipped 0.2%, while the Nasdaq 100 remained flat, buoyed by a 5.9% surge in Apple Inc. (AAPL) following bullish analyst notes. Bitcoin tumbled over 4% to $66,500. Notable stock movers included FMC Corp. (FMC) up 3.5%, NextEra Energy Inc. (NEE) down 6.7%, State Street Corp. (STT) down 4.5%, BlackRock Inc. (BLK) down 1.7%, Affirm Holdings Inc. (AFRM) up over 8%, and DXC Technology Company (DXC) up 11.5%. ETFs like SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average (DIA), and Technology Select Sector SPDR Fund (XLK) also saw movements.

Portfolio Pulse from Piero Cingari

June 11, 2024 | 5:35 pm

AAPL

The US Justice Department announced that four additional states have joined the lawsuit against Apple, accusing the company of monopolizing smartphone markets.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 5:30 pm

INDA

SPY

FiveThirtyEight's latest forecast for the 2024 Presidential Election shows a tight race between Joe Biden and Donald Trump, with Biden having a slight edge. The forecast also highlights potential inaccuracies in polling and the impact of economic factors on the election outcome.

Portfolio Pulse from Hayden Buckfire

June 11, 2024 | 5:27 pm

BSGM

On June 10, BioSig Technologies received a formal notice from the Nasdaq Hearings Panel that the company's common stock will be delisted.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 4:52 pm

CMND

Clearmind Medicine Inc (NASDAQ:CMND) announced advancements in its MEAI-based alcohol substitute beverage program, including the initiation of the last pre-clinical study and the granting of patents in the U.S., India, and Europe. The no/low alcohol category is expected to grow at a CAGR of more than 6% between 2023 and 2027.

Portfolio Pulse from Adam Eckert

June 11, 2024 | 4:39 pm