Streetbeat News

Regulatory

SNY

Sanofi's Phase 2 study results for Rilzabrutinib show potential as the first advanced oral treatment for moderate-to-severe asthma. The data indicates a reduction in loss of asthma control events, improvement in symptoms, and good tolerance with no new safety signals. These results support further development into a Phase 3 program.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 5:16 pm

VFS

VinFast shares are trading lower due to ongoing concerns following reports of a US regulator investigation into a crash involving a VF 8 vehicle.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 5:15 pm

CSIQ

ENPH

FSLR

SEDG

Shares of solar stocks are trading higher following President Biden's decision to raise tariffs on Chinese solar cells.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 5:12 pm

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XP

Wall Street experienced a cautious session ahead of the Federal Reserve meeting minutes and Nvidia's earnings announcement. The Nasdaq 100 slightly outperformed, while small caps and major indices saw declines. Solar and clean energy stocks surged due to trade tariff modifications, with First Solar hitting record highs. Metals fell, natural gas rallied, and oil prices eased. Key stock movers included Tesla, TJX Companies, and several others reacting to earnings reports.

Portfolio Pulse from Piero Cingari

May 22, 2024 | 5:02 pm

GOOG

GOOGL

MSFT

SPY

The U.S. House Committee has advanced a bill that would facilitate President Biden in imposing export curbs on AI systems. This move could impact major tech companies involved in AI development.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 4:56 pm

MRMD

MariMed (OTC:MRMD), a multi-state cannabis operator, is positioned for significant stock gains due to strategic growth plans and the anticipated rescheduling of cannabis. The company reported strong first-quarter 2024 results and stands to benefit from substantial tax savings. Expansion plans in Illinois, Maryland, and Massachusetts are expected to drive future growth.

Portfolio Pulse from Nicolás Jose Rodriguez

May 22, 2024 | 4:50 pm

EC

Ecopetrol has reported that it is under investigation by the Superintendency of Industry and Commerce for alleged infringements of free economic competition laws.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 4:38 pm

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Former President Donald Trump is now accepting cryptocurrency for official campaign donations, a move that has garnered mixed reactions from experts in the crypto industry. While some see this as a strategic play to attract crypto enthusiasts, others remain skeptical about Trump’s genuine commitment to the sector. The campaign will accept various cryptocurrencies including Bitcoin, Ethereum, Solana, Tether, Ripple, Dogecoin, Cardano, Shiba Inu, and Avalanche.

Portfolio Pulse from Murtuza Merchant

May 22, 2024 | 4:34 pm

NWG

The upcoming election campaign is expected to derail NatWest's multibillion retail offer. This development could have significant implications for the bank's financial strategy and stock performance.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 4:33 pm

SPY

Fox Business' Eleanor Terrett reported that discussions have begun between SEC staff and issuers regarding S-1 filings, with the conclusion that more work is needed.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 4:31 pm