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Regulatory

SPY

U.S. Treasury Secretary Janet Yellen mentioned the possibility of a $50 billion loan from seized Russian assets. She also stated that there are no discussions within the Treasury regarding sanctions against the Israeli government for its handling of the Gaza humanitarian crisis.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 2:11 pm

INSG

Inseego Corp. (NASDAQ:INSG) has announced the release of the MiFi X PRO 5G mobile hotspot, the first in the industry to receive FIPS 140-2 certification. This certification ensures high security standards for government agencies and businesses. The product is now available through North American mobile network operators and resellers.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 2:02 pm

SPY

Federal Reserve Governor Christopher Waller indicated that inflation expectations might decrease following more positive economic data. This statement suggests a potential easing of inflationary pressures in the near future.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 1:58 pm

PTPI

Petros Pharmaceuticals (NASDAQ:PTPI) has formed an Advisory Committee to guide the potential Rx-to-OTC switch for STENDRA, focusing on development and communication with the U.S. FDA.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 1:54 pm

SPY

Federal Reserve Governor Christopher Waller stated that he does not foresee any rate hikes happening in the near future. This statement could influence market sentiment and investor behavior.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 1:53 pm

CLF

X

United States Steel (U.S. Steel) has announced that it expects to close its all-cash transaction with Nippon Steel Corporation (NSC) in the second half of this year. The deal, which has received overwhelming approval from U.S. Steel's investors, promises significant benefits including job security, growth opportunities, and enhanced national security. The transaction has faced opposition from Cleveland-Cliffs, a competitor and unsuccessful bidder, but U.S. Steel remains committed to completing the deal.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 1:50 pm

VFS

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

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 1:49 pm

SPY

Federal Reserve Governor Christopher Waller stated that the timing of interest rate cuts will depend on economic data. This approach is also being adopted by other central banks globally.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 1:45 pm

GH

FDA staff have raised concerns that Guardant Health's test may fail to detect some types of advanced adenomas in patients, according to briefing documents cited by Reuters.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 1:43 pm

LYRA

Trading halt status for LYRA was updated at 9:40:00 AM ET. The quotation resumption times and related news are provided.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 1:40 pm