Streetbeat News

Regulatory

BERY

GLT

Berry Global and Glatfelter have achieved an additional regulatory milestone in their proposed transaction to combine a majority of Berry's Health, Hygiene, and Specialties segment.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 6:57 am

RDDT

Reddit Inc. (NYSE:RDDT) saw its stock surge nearly 9% after announcing a new policy to block automated content scraping. The update aims to protect Reddit's content from unauthorized use by AI companies. The stock closed at $61.38, up 8.68%, but fell slightly in after-hours trading.

Portfolio Pulse from Benzinga Neuro

June 26, 2024 | 6:42 am

GOOG

GOOGL

Waymo, a subsidiary of Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), has expanded its autonomous ride-hailing service, Waymo One, to all residents and visitors in San Francisco. This makes San Francisco the second city, after Phoenix, where the service is available to everyone. Despite the expansion, safety concerns persist, including a recent recall of 672 vehicles and an ongoing NHTSA probe into unexpected driving behaviors.

Portfolio Pulse from Anan Ashraf

June 26, 2024 | 6:23 am

MSFT

OpenAI, backed by Microsoft, will block access to its AI tools in China amid growing tech tensions between the U.S. and China. This move follows U.S. pressure to limit China's access to advanced AI technology.

Portfolio Pulse from Ananya Gairola

June 26, 2024 | 4:08 am

BTCUSD

DOGEUSD

ETHUSD

NVDA

Leading cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, rebounded on Tuesday after a significant sell-off on Monday. Bitcoin's price rose above $62,000, while Ethereum saw buying pressure due to positive comments from SEC chair Gary Gensler. The stock market also rebounded, driven by a 6.7% jump in NVIDIA shares.

Portfolio Pulse from Aniket Verma

June 26, 2024 | 1:58 am

STAF

Trading for STAF was halted at 7:50:00 p.m. ET due to pending news.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 11:50 pm

OMIC

Trading for OMIC 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 25, 2024 | 11:50 pm

GHBWF

GLASF

A Los Angeles Superior Court judge is expected to dismiss a lawsuit against Glass House Brands Inc. (OTCQX:GLASF) (OTC:GHBWF), accused by Catalyst Cannabis Co. of profiting from the illicit cannabis market. The judge noted that enforcement should be handled by the Department of Cannabis Control (DCC). Catalyst's CEO expressed disappointment but hinted at potential further legal actions.

Portfolio Pulse from Patricio Liddle

June 25, 2024 | 10:31 pm

VSTO

Vista Outdoor announced that CFIUS has cleared CSG's proposed acquisition of Kinetic Group Business, marking the final regulatory approval needed. The Board recommends stockholders vote in favor of the merger, which is expected to maximize value for stockholders.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 9:48 pm

ETHUSD

SEC Chair Gary Gensler stated that the review of Ethereum ETF filings is progressing smoothly, with the final decision dependent on asset managers making full disclosures. The potential introduction of a spot Ethereum ETF has generated excitement in the crypto community and financial markets.

Portfolio Pulse from Murtuza Merchant

June 25, 2024 | 9:40 pm