Streetbeat News

Regulatory

ERIC

Ericsson (NASDAQ:ERIC) has announced the conclusion of its US anti-corruption compliance monitorship, which was part of a Deferred Prosecution Agreement (DPA) with the U.S. Department of Justice (DOJ). The monitorship, which began in June 2020, has been successfully completed, and the company's anti-corruption compliance program has met all requirements. Despite this positive development, Ericsson recently reported a 15% year-over-year sales decline and missed revenue expectations, although its EPS beat consensus estimates.

Portfolio Pulse from Lekha Gupta

June 03, 2024 | 3:10 pm

EIS

SPY

President Biden is set to discuss a hostage deal and a Gaza ceasefire with the Emir of Qatar on Monday, according to sources cited by Axios.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 3:05 pm

GME

PARA

SPY

GameStop experiences volatility following a new post by Roaring Kitty. Paramount's stock rises on reports that Skydance is set to announce a takeover. The NYSE is investigating a technical issue.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 2:57 pm

GME

PARA

SPY

GameStop experiences volatility following a post by Roaring Kitty, while Paramount sees a rise in stock price due to reports of a potential takeover by Skydance. The NYSE is investigating a technical issue.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 2:56 pm

BNTX

JNJ

MRNA

NVAX

PFE

SPY

Dr. Fauci testified live before a House subcommittee on the COVID-19 pandemic, discussing the current state of the pandemic, vaccine efficacy, and future measures. This testimony could impact companies involved in COVID-19 vaccine production and distribution.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 2:49 pm

DJIA

ICE

NDAQ

QQQ

SPY

Numerous NYSE-listed stocks experienced volatility halts due to an error, causing significant disruptions in trading. This incident has raised concerns about the reliability of trading systems and may impact investor confidence in the short term.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 2:45 pm

ABT

ADRT

ARGT

BRK

CMG

DFEN

DXYZ

GOLD

JCPB

NMG

NUSI

SMR

UPRO

Multiple stocks on the New York Stock Exchange, including Berkshire Hathaway and Chipotle, experienced sudden trading halts due to technical issues. The NYSE is investigating the issue, which caused significant price drops in some stocks.

Portfolio Pulse from Piero Cingari

June 03, 2024 | 2:37 pm

EFSH

1847 Holdings filed a prospectus to sell 1,384,052 shares for holders, as per an SEC filing on Friday after hours.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 2:18 pm

ICE

QQQ

SPY

NYSE Equities is investigating a reported technical issue related to the Limit Up-Limit Down bands. The investigation is ongoing.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 2:15 pm

SMR

NuScale Power shares were halted due to a technical glitch on the NYSE.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 2:04 pm