Streetbeat News

Regulatory

CC

Chemours Company announced that the Mexican government has lifted water intake restrictions, allowing the company to resume normal operations at its Titanium Dioxide (TiO2) manufacturing facility in Altamira, Mexico.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 6:55 am

AAPL

META

Apple Inc. (NASDAQ:AAPL) and Meta Platforms Inc. (NASDAQ:META) are reportedly in talks about a potential AI partnership. Analyst Dan Ives discussed Meta's interest in integrating its generative AI model into Apple's new AI system, Apple Intelligence. However, a Bloomberg report later rejected this, citing privacy concerns.

Portfolio Pulse from Ananya Gairola

June 25, 2024 | 6:53 am

AAPL

A former Apple employee, Ashley Gjovik, has accused Apple of exposing her to hazardous chemicals from a secret chip manufacturing facility, leading to severe health issues. Gjovik reported the issue to the EPA, which found 19 potential regulatory violations at Apple's Santa Clara site. Apple has not responded to these allegations.

Portfolio Pulse from Ananya Gairola

June 25, 2024 | 4:15 am

BTCUSD

Senator Cynthia Lummis celebrated the passage of a pro-Bitcoin bill in Louisiana, which defends Bitcoin rights and bans Central Bank Digital Currencies (CBDCs). The law supports self-custody of cryptocurrencies, Bitcoin transactions, and Bitcoin mining, while prohibiting CBDCs. Lummis, a known Bitcoin advocate, has also introduced a stablecoin bill with Senator Kirsten Gillibrand.

Portfolio Pulse from Aniket Verma

June 25, 2024 | 3:33 am

ORCL

Oracle Corp (NYSE:ORCL) has warned investors about the potential financial impact of a U.S. ban on TikTok. A new law signed by President Joe Biden could make it illegal to provide internet hosting services to TikTok, which could adversely affect Oracle's revenue and profit. Oracle's cloud infrastructure, used by TikTok to store and process U.S. user data, generates significant revenue for the company. Analysts estimate Oracle’s annual revenue from TikTok to be between $480 million and $800 million. The potential ban could lead to a substantial loss in revenue for Oracle.

Portfolio Pulse from Benzinga Neuro

June 25, 2024 | 3:27 am

BTCUSD

MSTR

Former President Donald Trump is in talks to speak at the Bitcoin 2024 convention in Nashville, highlighting his campaign's focus on cryptocurrency. This move could have significant implications for the cryptocurrency industry.

Portfolio Pulse from Aniket Verma

June 25, 2024 | 2:37 am

AAPL

GOOG

GOOGL

META

MSFT

Apple has rejected Meta's proposal to integrate its AI chatbot, Llama, into the iPhone due to privacy concerns. Apple is instead focusing on partnerships with Microsoft-backed OpenAI's ChatGPT and Alphabet's Gemini. Meta's shares rose on rumors of a potential AI partnership with Apple, but no current talks are ongoing.

Portfolio Pulse from Ananya Gairola

June 25, 2024 | 1:58 am

BTCUSD

Pro-Bitcoin presidential candidate Robert F. Kennedy Jr. has called for a monument honoring Julian Assange, and the release of Edward Snowden and Ross Ulbricht. His statements emphasize the importance of free speech, transparency, and transactional freedom, aligning with recent legal developments involving Assange and Ulbricht.

Portfolio Pulse from Benzinga Neuro

June 25, 2024 | 1:40 am

CRKN

Trading for Crown Electrokinetics Corp. (CRKN) was halted at 7:50:00 p.m. ET pending news. Investors should stay tuned for further updates.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 11:50 pm

NKLA

Trading for Nikola Corporation (NKLA) was halted at 7:50:00 p.m. ET due to pending news. Investors should stay tuned for further updates.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 11:50 pm