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Biden Plan To Reportedly Block Alaska Mine Access Draws Industry Ire: ‘Frankly, I Am Disgusted’

By Matt Whittaker
April 18, 10:07 AM
Mining industry and state of Alaska criticize Biden administration's reported plan to block mining access road, citing political motivation and need for domestic mineral sources.

AKEMF

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2 minute read
  • Government
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Micron’s US Expansion Plans Get Presidential Nod with $6.1B Investment

By Anusuya Lahiri
April 18, 7:53 AM
Micron Technology Inc (NASDAQ: MU) to receive $6.1 billion in grants from Commerce Department for US factory, part of national strategy to revive chip manufacturing. Stock down 4.47%.

FEPI

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2 minute read
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Ron DeSantis Says People Will Be ‘Toking Up’ Near Schools If Cannabis Legalization Is Approved In November

By Maureen Meehan
April 17, 7:20 PM
DeSantis blasted the cannabis companies that support cannabis legalization, all of whom happened to be at the Benzinga Cannabis Capital Conference just several miles away from him.

AYRWF

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Tommy Tuberville Trades Raise Eyebrows Again: Senator Sells Put Options, Buys Small Biotech Linked To Ukraine-Russia War

By Chris Katje
April 17, 6:05 PM
Tommy Tuberville is one of the most active traders as a member of Congress. Here's a look at what he recently bought and sold.

AAPL

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2 minute read
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EU Clears Microsoft’s $13B OpenAI Investment from Formal Probe: A Relief for Tech Giants

By Anusuya Lahiri
April 17, 2:37 PM
EU approves Microsoft's $13B investment in OpenAI without formal investigation, citing lack of control over operations and promoting innovation.

AMZN

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Cannabis Banking Reform ‘Closer Than Ever,’ D.C. Insiders Tell Benzinga Conference: Cannabis ETF Spikes Tuesday

By Maureen Meehan
April 16, 2:53 PM
Former U.S. Sen. Cory Gardner tells the Benzinga Cannabis Capital Conference in Florida that several ranking congress members are intending to attach the SAFER Banking Act to the must-pass FAA reauthorization.

CRLBF

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EXCLUSIVE: Expert Predicts ‘Double-Digit Growth’ In 2 Sectors, Fueled By $1 Trillion From CHIPS, IRA, Infrastructure Acts

By Surbhi Jain
April 16, 9:24 AM
Insights on investment opportunities in the economy from a Benzinga interview with Michael Sayers, including $1 trillion in infrastructure spending and potential growth in technology and clean energy sectors.

DRIV

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Intel and Nvidia Reveal New Products for China, Adapt AI Chip Strategies in Response to US Sanctions

By Anusuya Lahiri
April 16, 7:47 AM
Intel launching 2 AI chips with reduced capabilities to comply with US sanctions on China; Nvidia also planning 3 China-specific chips.

AMD

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AI-Generated Sexually Explicit Deepfakes On UK Government Radar As New Law Seeks To Criminalize Them: ‘Making This Material Is Immoral’

By Benzinga Neuro
April 16, 12:04 AM
The proposed law will prosecute and fine individuals found guilty of creating such deepfakes without consent, irrespective of their intent to share the images. Distributing the images could lead to imprisonment.

META

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Bond Yields Surge To 6-Month Highs As Likelihood Of No-Landing Scenario Increases: UBS Warns Of Potential Fed Rate Hikes To 6.5%

By Piero Cingari
April 15, 5:04 PM
U.S. Treasury yields at highest since mid-November 2023 due to economic resilience, fiscal spending, and inflation pressures, impacting government debt costs and bond ETFs.

IEF

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