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Regulatory

SPY

Fed's Barkin comments on the current state of inflation, noting that pricing power in goods is waning while services firms are still exploring price increases. Shelter and services inflation are not yet at desired levels, but the latest inflation reading is encouraging.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 2:09 pm

SPY

Fed's Barkin indicates that inflation is on the decline, but it's challenging to determine the significance of recent inflation data.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 2:07 pm

BA

A Boeing whistleblower has alleged that the company lost track of up to 400 faulty parts that were installed in 737 jets. This issue is expected to be discussed in an upcoming Senate hearing.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 1:57 pm

NGNE

Neurogene Inc. (NASDAQ:NGNE) announced the first patient in Cohort 2 received high-dose NGN-401 gene therapy in the Phase 1/2 trial for Rett syndrome. The high-dose has been well-tolerated, and the low-dose continues to show a favorable safety profile with no new treatment-related adverse events.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 1:28 pm

APAAF

ARAAF

Brazil is advancing its rare earth elements (REE) sector to reduce dependence on China, with the Serra Verde mine in Goiás starting commercial production. Despite challenges like environmental concerns and economic pressures, companies such as Appia Rare Earths and Aclara Resources are exploring deposits in the region.

Portfolio Pulse from Stjepan Kalinic

June 18, 2024 | 1:26 pm

DJT

Trump Media & Technology Group Corp. (NASDAQ:DJT) shares are trading lower in the premarket session, despite a 94% gain over the past six months. The company plans to combat short sellers, explore streaming developments, and potential mergers and acquisitions. It aims to become a comprehensive platform for news and opinions ahead of the 2024 presidential election.

Portfolio Pulse from Nabaparna Bhattacharya

June 18, 2024 | 1:17 pm

C

Citi CEO announced that the company is focusing more intensively on data remediation and processes, with regulatory reporting identified as an area needing progress. Additionally, Citi's investment banking division is successfully winning deals in the technology sector.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 1:07 pm

C

Citigroup CEO Jane Fraser announced that the bank is shifting away from its previous 'financial supermarket' model to a more focused approach. The bank is also working on improving its controls and acknowledges that progress on transformation has been slow in some areas.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 1:07 pm

BNOX

Bionomics has filed for the resale of up to 3.64 billion ordinary shares by the selling shareholder, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 1:01 pm

FORD

Trading halt status was updated at 8:55:00 AM ET, indicating a quotation resumption. The news and resumption times are provided.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 12:55 pm