Streetbeat News

Products Services

TNFA

TNF Pharmaceuticals is advancing its lead program, MYMD-1, through fully funded mid-stage clinical trials after successful Phase 2 results in reducing chronic inflammatory markers. The company holds FDA-cleared Phase 2 INDs for MYMD-1 in rheumatoid arthritis and Hashimoto's thyroiditis.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 1:07 pm

F

GM

RIVN

TSLA

WKSP

General Motors (GM) is expanding its electric vehicle lineup with the GMC Sierra, aiming to lead the U.S. electric truck market. The competition includes Ford, Rivian, and Tesla. Worksport is launching a portable energy system compatible with GM and Ford pickups, potentially collaborating with Tesla.

Portfolio Pulse from Upwallstreet

August 21, 2024 | 1:07 pm

AADI

Aadi Bioscience Inc. (NASDAQ:AADI) announced the halt of its PRECISION1 trial for nab-sirolimus in solid tumors due to insufficient efficacy for accelerated approval. The company will focus on cash preservation and its commercial product, Fyarro, while pausing new enrollments in other trials. Aadi's stock fell 14.8% following the news.

Portfolio Pulse from Vandana Singh

August 21, 2024 | 1:07 pm

XIACF

Xiaomi, a new entrant in the EV market, delivered over 27,000 SU7 sedans in Q2, generating $0.87 billion in revenue. The company aims to deliver 120,000 vehicles next year, with strong initial demand. The SU7 is priced competitively against Tesla's Model 3 in China.

Portfolio Pulse from Anan Ashraf

August 21, 2024 | 1:06 pm

AVD

American Vanguard Corporation (NYSE:AVD) has submitted voluntary cancellation requests to the EPA for all federal registrations of its Dacthal herbicide products. This follows an emergency suspension by the EPA and the company's decision to stop sales in April 2024.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 1:06 pm

MULN

Bollinger Motors, a subsidiary of Mullen Automotive, is set to begin production of saleable units of the Bollinger B4 Chassis Cab on September 16. This marks a significant milestone for Mullen as it expands its electric vehicle offerings.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 1:05 pm

CBOE

TLT

CBOE Global Markets has introduced the VIXTLT Index, a new volatility index focused on the U.S. Treasury market, particularly targeting bonds with maturities over 20 years. This index, which uses the iShares 20+ Year Treasury Bond ETF (TLT) as a reference, measures volatility in basis points, offering insights into bond market movements. The VIXTLT complements the VIX, which tracks equity market volatility, providing a broader view of market sentiment.

Portfolio Pulse from Surbhi Jain

August 21, 2024 | 1:04 pm

DGX

Quest Diagnostics is set to acquire University Hospitals' outreach laboratory services business, expanding its diagnostic services in Ohio. The financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 1:03 pm

META

Meta Platforms is aiming to become a leader in artificial intelligence by promoting its large language model, Llama 3, as an industry standard. CEO Mark Zuckerberg is focusing on pitching this AI software to big businesses, a new venture for the company.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 1:03 pm

SCLX

Scilex Holding Company announced that the USPTO will issue a new patent for ELYXYB, a treatment for acute pain. This development could enhance Scilex's intellectual property portfolio and potentially boost its market position.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 1:02 pm