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SMH

UUP

XLK

Federal Reserve Governor Michelle Bowman indicated her readiness to support further rate hikes if inflation worsens, stating it is premature to lower the policy rate. Following her remarks, the U.S. Dollar Index saw a slight increase, and U.S. equity futures were broadly positive, with tech and semiconductor sectors showing gains.

Portfolio Pulse from Piero Cingari

June 25, 2024 | 1:13 pm

F

Ford Motor Company (NYSE:F) is recalling 552,188 of its 2014 F-150 vehicles in the U.S. due to a transmission issue that can cause an unexpected downshift into first gear, potentially leading to a loss of vehicle control. This follows several other recalls earlier this year for various issues. Ford shares are trading lower by 0.41% premarket.

Portfolio Pulse from Nabaparna Bhattacharya

June 25, 2024 | 1:13 pm

BSFC

Blue Star Foods Corp. (NASDAQ: BSFC) has secured a renewal for its land-based aquaculture license through 2033, allowing it to continue its sustainable seafood operations under the Fisheries Act.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 1:09 pm

NUWE

Nuwellis has been granted a patent by the U.S. Patent and Trademark Office for advancements in pediatric continuous renal replacement therapy, specifically for their product Vivian. This is the second of several forthcoming patents, highlighting Nuwellis' dedication to developing innovative technology for critically ill children.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 1:08 pm

HYPR

Hyperfine, Inc. (NASDAQ:HYPR) will present clinical research on its Swoop® system for Alzheimer's disease monitoring at the 2024 Alzheimer's Association International Conference. The presentations will highlight the utility of portable ultra-low-field MRI in Alzheimer's care.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 1:04 pm

BAM

BEP

Brookfield Asset Management Ltd. (NYSE:BAM) has signed a share purchase agreement to acquire a majority stake in France's Neoen. The deal, valued at EUR 6.1 billion, involves acquiring approximately 53.12% of Neoen's shares at EUR 39.85 per share. Brookfield has also entered into a tender agreement with Bpifrance for an additional 4.36% stake. The acquisition is subject to regulatory approvals, expected by Q4 2024, with a tender offer to follow in Q1 2025. BAM shares are up 0.68% premarket.

Portfolio Pulse from Lekha Gupta

June 25, 2024 | 1:03 pm

CRKN

Trading halt status for CRKN was updated at 8:55:00 AM ET. The article provides information on the news and resumption times for the stock.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 12:55 pm

NKLA

Trading halt status for Nikola Corporation (NKLA) was updated at 8:55:00 AM ET. The halt was due to pending news and the resumption times will be announced.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 12:55 pm

CAPR

Capricor Therapeutics (NASDAQ:CAPR) announced that the FDA has scheduled a Pre-BLA meeting with the company in Q3 2024 for its treatment of Duchenne Muscular Dystrophy, deramiocel (CAP-1002). The meeting aims to finalize BLA filing plans and outline the rolling BLA submission timeline.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 12:37 pm

BKYI

BIO-key International, Inc. (NASDAQ: BKYI) has announced that the Los Angeles LGBT Center has selected its PortalGuard platform for secure desktop sign-in, enhancing regulatory and insurance compliance. The Center, with 17 locations and nearly 800 employees, is the world's most prominent LGBTQ+ organization.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 12:30 pm