Streetbeat News

Partnerships

SENS

UNH

Senseonics Holdings (SENS) announced that UnitedHealthcare (UNH), the largest US health insurance company, will provide coverage for the Eversense E3 CGM System for people with type 1 and insulin-requiring type 2 diabetes, effective July 1, 2023.

Portfolio Pulse from Benzinga Newsdesk

June 02, 2023 | 11:08 am

BNTX

BioNTech and OncoC4 announced positive preliminary data from their ongoing Phase 1/2 trial for BNT316/ONC-392, an anti-CTLA-4 antibody candidate, in patients with metastatic, PD-(L)1-resistant non-small cell lung cancer. The results show encouraging clinical anti-tumor activity and a manageable safety profile.

Portfolio Pulse from Charles Gross

June 02, 2023 | 10:47 am

AAPL

GS

Apple's high-yield savings account, offered in partnership with Goldman Sachs, is facing customer complaints due to difficulties in withdrawing funds and lengthy delays in money transfers. These issues could potentially tarnish Apple's image and affect customer trust.

Portfolio Pulse from Shanthi Rexaline

June 02, 2023 | 10:35 am

EVOTF

Evotec SE has received a $1.7 million grant from Open Philanthropy to discover and develop RNA-targeting small molecules as potential first-in-class therapeutics against Henipaviruses.

Portfolio Pulse from Benzinga Newsdesk

June 02, 2023 | 7:15 am

BA

Boeing and NASA have postponed the July launch attempt of Boeing's first manned test flight to the International Space Station due to a supplier issue with the parachute. This delays the final test flight for certification by NASA and maintains SpaceX's lead in the commercial crew program.

Portfolio Pulse from Anan Ashraf

June 02, 2023 | 3:00 am

AVGO

CHPT

LULU

TSLA

UCAR

US markets closed higher on Thursday, with Tesla, Broadcom, U Power, ChargePoint, and Lululemon drawing investor attention. Tesla's shares rose after Shanghai's Communist Party chief expressed interest in extending cooperation with the company. Broadcom reported an 8% YoY increase in Q2 revenue but projected a slow growth for Q3. U Power's shares surged after announcing a strategic cooperation agreement with Quantum Solutions. ChargePoint reported a 59% YoY increase in Q1 revenue but a higher loss than expected. Lululemon's Q1 revenue exceeded expectations, growing 24% YoY.

Portfolio Pulse from Bhavik Nair

June 02, 2023 | 1:19 am

ETHUSD

USDCUSD

Circle announced the launch of its USD Coin (USDC) on the Arbitrum platform on June 8. The official version of USDC within the Arbitrum ecosystem will gradually replace Ethereum-bridged USDC, improving liquidity. Circle also plans to bring the Cross-Chain Transfer Protocol (CCTP) to Arbitrum, enabling USDC to move natively between Ethereum and other supported chains.

Portfolio Pulse from Murtuza Merchant

June 01, 2023 | 9:56 pm

ENPH

Enphase Energy's stock is up over 10% in the last week, following the announcement of an expanded relationship with Natec to distribute IQ Microinverters and IQ Batteries throughout Europe. Natec is a leading wholesaler of solar and battery products, and Enphase is a market leader in microinverter technology.

Portfolio Pulse from Ryan Gustafson

June 01, 2023 | 9:01 pm

ASAN

Asana, Inc. announced the launch of Asana Intelligence, a generative AI-powered feature for its work management platform. The new capabilities aim to accelerate decision-making, improve productivity, and maximize impact for organizations. Asana also outlined its five guiding principles for human-centered AI.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 8:47 pm

NWS

NWSA

David Doctorow is stepping down as CEO of Move, Inc., operator of Realtor.com and other real estate brands, after more than three years. News Corp has appointed Damian Eales as his successor, effective June 12.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 8:32 pm