Streetbeat News

Regulatory

JPM

JPMorgan Chase CEO Jamie Dimon stated that the bank is not over-earning on credit currently, and highlighted the ongoing uncertainty in the regulatory and legal environment.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 5:06 pm

GSK

NVAX

NVS

SNY

The CDC has released a report on H5N1 serology testing in Missouri, confirming no human-to-human transmission of the H5 bird flu in the US. This news may impact companies involved in vaccine development and public health response.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 4:23 pm

SPY

VGK

Russian President Vladimir Putin expressed readiness to consider options to end the conflict in Ukraine, emphasizing the need to proceed based on the current situation on the ground.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 4:20 pm

GOOG

GOOGL

Google's $2 billion investment in AI firm Anthropic is under scrutiny by the UK's Competition and Markets Authority (CMA), which has launched a formal phase one merger probe. This investigation is part of broader regulatory efforts to prevent market distortion by big tech investments in AI. The CMA's decision on whether to escalate the probe is expected by December 19.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 4:04 pm

SANW

S&W Seed Company shares declined following a notice of non-compliance from Nasdaq.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 3:56 pm

PYPL

Fireblocks announced a $1 million grant program to boost the adoption of PayPal's stablecoin, PYUSD. The initiative aims to encourage businesses to develop blockchain-based products using PYUSD, highlighting its potential in DeFi and retail payments. Despite regulatory challenges, PayPal continues to expand PYUSD's reach.

Portfolio Pulse from Murtuza Merchant

October 24, 2024 | 3:54 pm

UPXI

Upexi shares are trading higher following the company's announcement that it has regained compliance with the Nasdaq minimum bid price rule.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 3:51 pm

PXDT

Pixie Dust Technologies Inc (NASDAQ:PXDT) shares dropped nearly 30% as the company announced plans to voluntarily delist from NASDAQ due to high costs and redirect resources towards growth. The delisting is expected on November 15, with ADR termination in January 2025 and SEC deregistration in February 2025.

Portfolio Pulse from Henry Khederian

October 24, 2024 | 3:46 pm

DJT

SPY

Russian President Vladimir Putin expressed willingness to normalize relations with the United States if the US is open to it. He also welcomed statements from former US President Donald Trump about seeking to end the conflict in Ukraine.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 3:43 pm

EWZ

EZA

FXI

INDA

Russian President Vladimir Putin emphasized the importance of cross-border payments and cooperation within the BRICS summit. However, BRICS does not aim to establish a separate common payment system.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 3:33 pm