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Regulatory

VERO

Venus Concept has been awarded a U.S. patent, numbered 11890486, for an 'Esthetic Apparatus Useful For Increasing Skin Rejuvenation And Methods Thereof'. This patent represents a significant advancement in the field of aesthetic medicine, potentially enhancing Venus Concept's product offerings and market position.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 6:53 pm

VERO

Venus Concept has been awarded U.S. Patent #: 11890486 for an esthetic apparatus aimed at increasing skin rejuvenation. This development could enhance the company's product portfolio and market position in the esthetic medical devices sector.

Portfolio Pulse from Charles Gross

February 06, 2024 | 6:51 pm

ENVB

Enveric Biosciences has received U.S. Patent Number 11,891,360 for 'Glycosylated Psilocybin Derivatives And Methods Of Using.' This patent marks a significant milestone for the company, potentially opening new avenues in the development of treatments using psilocybin derivatives.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 6:34 pm

SPY

President Biden has described the new border bill as the 'strongest this country has ever seen', according to Reuters. While the article does not delve into specific economic impacts or mention specific companies or ETFs, the statement could have broad implications for various sectors, including security, construction, and technology, depending on the bill's details.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 6:30 pm

SPY

Fed's Kashkari emphasized that the Federal Reserve's decisions on interest rates are made independently of political considerations or election timings. This statement was made to clarify the central bank's stance on maintaining an unbiased approach towards monetary policy adjustments.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 6:30 pm

SPY

In a recent statement, Federal Reserve's Neel Kashkari expressed that a recession is not his base case scenario, suggesting a more optimistic outlook on the economy than some may have anticipated. This perspective could influence investor sentiment and market trends.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 6:23 pm

SPY

President Biden has stated that a bipartisan immigration bill, which he deems fair, is unlikely to progress due to opposition from Donald Trump. This statement highlights the political challenges facing immigration reform in the current climate.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 6:20 pm

BA

SPR

The FAA Administrator announced that they are halfway through a six-week audit of Boeing's 737 program and Spirit AeroSystems, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 6:20 pm

BA

SPR

The FAA Administrator announced that the process to allow Boeing to increase its 737 production has not been defined yet. An audit must be completed first, after which the FAA will decide how it impacts Boeing's 737 production increase.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 6:19 pm

LYSCF

MP

The merger discussions between Australia's Lynas Rare Earths Ltd (LYSCF) and U.S.-based MP Materials Corp (MP) have been officially terminated. This decision ends speculation about the creation of a rare earths leader, which could have challenged China's dominance in the market. China controls approximately 87% of the global refining capacity for rare earths, a market where both companies are significant players outside of China. Despite the potential benefits of consolidating supply and strengthening Western supply chains, concerns about the strategic value and regulatory hurdles led to the termination of talks.

Portfolio Pulse from Stjepan Kalinic

February 06, 2024 | 6:04 pm