Streetbeat News

Regulatory

LRHC

Trading for LRHC was halted at 9:59:28 a.m. ET due to pending news.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 1:59 pm

BA

LUV

A Southwest Airlines Boeing 737 Max 8 experienced a 'Dutch roll' mid-flight, prompting an FAA investigation into a potential issue with the aircraft's backup power-control unit. The incident adds to the ongoing scrutiny of Boeing's 737 Max aircraft, which has faced multiple safety concerns.

Portfolio Pulse from Benzinga Neuro

June 14, 2024 | 1:51 pm

ADBE

BTCUSD

GME

RIOT

SPY

Bitcoin climbs back over $67K despite $226M in ETF outflows. Riot Platforms increases its stake in Bitfarms to 14%. US stocks end a record-clinching week on a subdued note with GameStop sliding and Adobe soaring. Paul Krugman warns Trump's tax policies could lead to 133% tariffs and inflation surge.

Portfolio Pulse from Akanksha Bakshi

June 14, 2024 | 1:40 pm

BYDDY

GELYY

STLA

Stellantis NV (NYSE:STLA) shares are trading lower premarket on Friday due to new EU tariffs on electric vehicles. The company is considering relocating some Leapmotor model production from China to Europe to mitigate increased import costs. The EU has imposed additional tariffs on several automakers, including BYD Company and SAIC Motor Corp, following a probe into state subsidies. Stellantis confirmed its 2024 guidance of double-digit AOI margin and a capital return plan of at least 7.7 billion euros.

Portfolio Pulse from Shivani Kumaresan

June 14, 2024 | 1:38 pm

LIXT

RHHBY

LIXTE Biotechnology has announced a collaboration with Roche and the Netherlands Cancer Institute to conduct a clinical trial on the effectiveness of LB-100 in enhancing immune recognition of colon cancer cells in MSI low metastatic colon cancer.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 1:31 pm

CODX

Co-Diagnostics has submitted an FDA application for 510(k) clearance of its Co-Dx PCR Pro instrument and over-the-counter (OTC) COVID-19 test. The company plans to seek point-of-care (POC) clearance and additional tests in the future.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 1:30 pm

COIN

Former President Donald Trump has significantly increased his involvement in the cryptocurrency space, starting with the launch of a digital trading card collection in December 2022. His campaign for the 2024 election is now accepting crypto donations, and he has positioned himself as a pro-crypto candidate, promising to protect Bitcoin and support crypto businesses in the U.S. This stance contrasts with the Democratic position on digital currencies.

Portfolio Pulse from Khyathi Dalal

June 14, 2024 | 1:28 pm

TCNNF

Trulieve (OTC:TCNNF) has been fined $350,000 by the Massachusetts Cannabis Control Commission (CCC) for failing to comply with safety protocols, leading to the death of an employee in 2022. The company has also been sued for wrongful death and negligence by the employee's family.

Portfolio Pulse from Nina Zdinjak

June 14, 2024 | 1:11 pm

CMS

CMS Energy announced that due to recent court decisions, it is recalculating 2024 Star Ratings for 2025 Quality Bonus Payment purposes. Contracts with increased Star Ratings can resubmit their 2025 bids by June 28.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 1:08 pm

AREC

American Resources Corporation (NASDAQ: AREC) has responded to recent market volatility and false information circulating in online chat rooms about the company issuing 20 million shares at $0.48 per share. CEO Mark Jensen has denied these claims and stated that the company is taking legal action and notifying regulators.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 1:04 pm