Streetbeat News

Products Services

PEV

Phoenix Motor has announced a partnership with Bay Area Founders Club to advance its AI Development Center in Silicon Valley, focusing on electric and autonomous bus technology.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 10:32 am

TSLA

Tesla plans to deploy autonomous full self-driving technology on its Model 3 and Model Y vehicles in Texas and California by 2025. However, regulatory hurdles and technological advancements are necessary for the rollout of Tesla's robotaxis. Analysts are optimistic about Tesla's Cybercab design but concerned about production timelines and regulatory challenges.

Portfolio Pulse from Anan Ashraf

October 11, 2024 | 10:28 am

AUPH

Aurinia Pharmaceuticals will present six abstracts, including five poster presentations, at the American Society Of Nephrology Kidney Week 2024. The presentations will focus on LUPKYNIS® (voclosporin), a treatment for lupus nephritis, highlighting its clinical importance and real-world effectiveness.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 10:14 am

ATHE

Alterity Therapeutics presented new data on ATH434 at the Society for Neuroscience 2024, highlighting its antioxidant and mitochondrial-protectant effects. The study, led by Dr. Daniel J. Kosman, shows ATH434's potential in reducing lipid damage and improving cellular energy usage.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 10:11 am

CNC

Centene has significantly improved its Medicare Advantage membership ratings, with 46% now in plans rated 3.5 stars or higher, compared to 23% the previous year. This progress aligns with internal expectations despite challenging industry conditions.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 10:09 am

TSBX

Turnstone Biologics is streamlining operations to extend its cash runway into Q2 2026 by focusing on the clinical advancement of its TIDAL-01 therapy. The company is reallocating resources from other preclinical assets and has made leadership changes to support this focus.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 10:06 am

AAPL

Four Taiwanese employees of Foxconn, Apple's key supplier, have been detained in China over breach of trust allegations. Taiwan's Mainland Affairs Council claims the incident did not harm Foxconn's interests, suggesting possible overreach by local police. This is part of a broader pattern of aggressive actions by Beijing against foreign firms amid rising China-Taiwan tensions.

Portfolio Pulse from Navdeep Yadav

October 11, 2024 | 10:01 am

CVS

Aetna, a CVS Health company, announced that 88% of its Medicare Advantage members are in 2025 plans rated 4 stars or higher by the Centers for Medicare & Medicaid Services. Additionally, 68% of members are in a 4.5-star plan for 2025.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 9:59 am

TSLA

Tesla's recent 'We, Robot' event showcased the new Cybercab, a fully autonomous vehicle with a cost advantage, but its production timeline is a concern for investors. Analysts are optimistic about its potential impact on Tesla's growth, but regulatory and timing challenges remain.

Portfolio Pulse from Shanthi Rexaline

October 11, 2024 | 8:18 am

ERJ

Embraer's E190F E-Freighter has received clearance from the FAA, positioning it to replace older aircraft models. This development could impact Embraer's market presence and competitiveness in the freighter aircraft sector.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 7:47 am