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FSRN

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TSLA

Fisker Inc (OTCPK: FSRN) has filed for bankruptcy due to significant cash flow and manufacturing problems, leading to questions about the viability of the EV market. The bankruptcy follows a series of setbacks, including canceled pre-orders and a recall of its Ocean SUV. The news has implications for other EV manufacturers like Tesla, Rivian, and Lucid, as well as traditional automakers like Ford, GM, and Stellantis, who are also investing heavily in EVs.

Portfolio Pulse from Hayden Buckfire

June 18, 2024 | 9:26 pm

DJT

Trump Media & Technology Group Corp. (NASDAQ:DJT) shares are trading lower after the U.S. SEC declared the effectiveness of a registration statement on Form S-1, allowing the resale of certain shares and warrants. The stock fell 9.82% during the regular session and an additional 13.93% after-hours.

Portfolio Pulse from Erica Kollmann

June 18, 2024 | 9:12 pm

SPY

Federal Reserve's Susan Collins stated that she can envision scenarios for both one and two interest rate cuts in 2024. She emphasized that risks are two-sided and that inflation and labor market goals are top priorities.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:50 pm

SPY

Boston Fed President Susan Collins stated that the economy is coming into better balance, but inflation will take time to decrease. She emphasized the need to let data determine the path for interest rates.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:48 pm

SNOW

TREE

LendingTree is investigating a potential data breach at one of its subsidiaries after being notified by Snowflake. The breach could have significant implications for both companies.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:45 pm

NUTX

Nutex Health received a notice from Nasdaq granting an exception until July 22, 2024, to effect a reverse stock split of its common stock.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:41 pm

NEUE

NeueHealth has received a notice from the NYSE for non-compliance with continued listing standards due to its average market capitalization being below $50 million over the past 30 trading days and stockholders' equity being less than $50 million. This notice does not impact the company's business operations.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:30 pm

DJT

Trump Media & Technology Group shares are trading lower after the SEC declared effectiveness of the registration statement on Form S-1 related to the resale by certain securityholders of certain shares and warrants.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:27 pm

DWAC

Trump Media & Technology Group (TMTG) announced that the SEC has declared its Form S-1 registration statement effective. This allows the resale of shares and warrants by certain securityholders, potentially generating up to $247 million from warrant exercises. Additionally, $40 million in restricted cash will become unrestricted, supplementing over $200 million in unrestricted cash.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:27 pm

DWAC

Trump Media & Technology Group has announced that the SEC has declared the amended Form S-1 effective.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:25 pm