Streetbeat News

Products Services

NAMS

NewAmsterdam Pharma presented positive Phase 3 trial results for obicetrapib, showing significant LDL-C and Lp(a) reductions in patients with heterozygous familial hypercholesterolemia. The drug met primary endpoints with safety comparable to placebo.

Portfolio Pulse from

November 18, 2024 | 8:30 pm

AFRM

Affirm has expanded its partnership with Priceline, becoming the BNPL provider for Priceline Partner Solutions, Priceline's B2B business.

Portfolio Pulse from

November 18, 2024 | 8:30 pm

NFLX

Netflix is expanding its live events offerings despite facing buffering issues in live streaming. This move is part of Netflix's strategy to diversify its content and attract more subscribers.

Portfolio Pulse from

November 18, 2024 | 8:30 pm

APH

Amphenol Corporation reported strong Q3 results with 15% organic revenue growth and 28% adjusted EPS growth, driven by the IT Datacom market. The segment grew 59% organically year-over-year, supported by demand for AI computing and data center products. The company maintains a 'Buy' rating with an $85 target price.

Portfolio Pulse from

November 18, 2024 | 8:30 pm

X

Nippon Steel has decided not to import steel from its international mills to the U.S. in an effort to preserve its deal with U.S. Steel. This decision was communicated by Executive Vice President Takahiro Mori to United Steelworkers union members.

Portfolio Pulse from

November 18, 2024 | 8:15 pm

LLY

Eli Lilly's experimental pill significantly reduced an inherited form of high cholesterol by nearly 86% in a mid-stage trial, as presented at a recent medical meeting.

Portfolio Pulse from

November 18, 2024 | 8:15 pm

FTI

TechnipFMC and Saipem have partnered to develop TotalEnergies' GranMorgu field on Block 58, offshore Suriname. This marks the first major subsea project in the region.

Portfolio Pulse from

November 18, 2024 | 8:15 pm

AMGN

Amgen's stock fell nearly 15% due to safety concerns about its GLP-1 candidate MariTide. Despite this, management and analysts remain optimistic about MariTide's potential, with upcoming Phase II study results and plans for a Phase III program targeting obesity and type 2 diabetes.

Portfolio Pulse from

November 18, 2024 | 8:00 pm

ELAN

Elanco Animal Health Inc. is facing a federal lawsuit for allegedly misrepresenting the safety profile of its product Zenrelia. The lawsuit, filed in the U.S. District Court of Maryland, accuses Elanco and specific executives of making false statements between November 2023 and June 2024.

Portfolio Pulse from

November 18, 2024 | 8:00 pm

TCS

The Container Store is set to open its 104th retail location at Miami Worldcenter on November 23, 2024. This marks its seventh store in Florida and is part of the company's small-store format expansion.

Portfolio Pulse from

November 18, 2024 | 8:00 pm