Streetbeat News

Regulatory

BBAI

BigBear.ai has successfully implemented its biometric verification solution, veriScan™, at Denver International Airport, enhancing the boarding process for international passengers. The system is now operational at 14 departure gates, aligning with U.S. Customs and Border Protection's biometric entry-exit mandate.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 1:06 pm

THAR

Tharimmune presented Phase 1 data on TH104 for treating moderate-to-severe pruritus in chronic liver disease at ACG 2024. The data showed no opioid withdrawal effects, supporting a favorable safety profile. Phase 2 results are expected in 2025.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 1:06 pm

BCDA

BioCardia has completed a Phase III trial for its autologous cell therapy aimed at treating ischemic heart failure. This milestone could potentially lead to new treatment options for patients and impact the company's future prospects.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 1:01 pm

PRCH

Porch Group shares rose following the approval from the Texas Department of Insurance for a new homeowners insurance reciprocal exchange.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 1:00 pm

ORA

Ormat Technologies has commenced the commercial operation of its 80MW/320MWh Bottleneck Energy Storage Facility in California. The facility will supply energy to San Diego Gas & Electric (SDG&E) under a 15-year agreement and is eligible for a 40% investment tax credit.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 12:52 pm

TSM

Taiwan Semiconductor Manufacturing Co. (TSMC) shares are declining due to the halt in shipments to Sophgo, a China-based chip designer, after discovering its chip was used in Huawei's Ascend 910B AI processor.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 12:50 pm

CURLF

A study by Curaleaf Clinic reveals that 90% of illegal cannabis samples in the UK contain harmful contaminants. Curaleaf Holdings, the parent company, is using this data to advocate for awareness and regulation. The study highlights the health risks of illegal cannabis and the potential economic benefits of legal medical cannabis prescriptions.

Portfolio Pulse from Nina Zdinjak

October 28, 2024 | 12:46 pm

AAPL

VOO

VTI

Apple faces a sales ban for its iPhone 16 in Indonesia due to not meeting local investment requirements. The ban affects only the iPhone 16, while other Apple products remain unaffected. Apple is short by 240 billion rupiah of the required investment. Despite challenges in Indonesia and a slight decline in sales in China, Apple continues to see strong interest in the iPhone 16 in key markets like the U.S. and China. Apple stock has gained 36% over the past year.

Portfolio Pulse from Anusuya Lahiri

October 28, 2024 | 12:45 pm

CMPO

CompoSecure, Inc. (NASDAQ:CMPO) has achieved ISO/IEC 27001 certification for its premium card manufacturing operations, highlighting its commitment to security and quality. This certification is a globally recognized standard for information security management systems.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 12:41 pm

WLDS

Wearable Devices Ltd. has regained compliance with Nasdaq's minimum bid price rule, ensuring its continued listing on the exchange.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 12:40 pm