Streetbeat News

Regulatory

VGK

European Central Bank's Nagel stated in an interview with FAS, as reported by Reuters, that it is too early to consider cutting interest rates. He also mentioned that a soft landing for the Euro Zone seems possible, indicating a cautiously optimistic outlook for the region's economy.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 2:21 pm

LBBB

The SEC has declared the business combination between Lakeshore Acquisition II Corp. and Nature's Miracle effective. Stockholders of record as of January 10, 2024, are eligible to vote at the upcoming meeting.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 2:13 pm

SIDU

Sidus Space, Inc. (SIDU) has announced its membership in the Solis Applied Science, LLC team, which was selected by the National Geospatial-Intelligence Agency (NGA) to provide research and development services to NGA's Research and Development Directorate. This collaboration highlights Sidus Space's involvement in significant government contracts and its role in advancing geospatial intelligence and research.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 1:31 pm

EW

Edwards Lifesciences' EVOQUE valve replacement system has received FDA approval for use in treating tricuspid regurgitation, marking a significant advancement in heart valve therapy.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 12:03 pm

GE

General Electric (GE) has filed to withdraw its registration statement on Form S-3, which was initially filed with the Securities and Exchange Commission (SEC) on February 27, 2023.

Portfolio Pulse from Charles Gross

February 02, 2024 | 11:58 am

AAPL

META

SPOT

Apple Inc. CEO Tim Cook announced changes to the European App Store in response to the EU's Digital Markets Act, including alternative billing and app stores, which he believes will compromise privacy, security, and usability. The changes, effective in March, allow for sideloading and a reduced commission for alternative payment methods. Meta and Spotify criticized the move, concerned about the potential costs of Apple's 'Core Technology Fee' for developers.

Portfolio Pulse from Rounak Jain

February 02, 2024 | 11:55 am

GMAB

PFE

The European Medicines Agency has accepted for review the Marketing Authorization Application for Genmab and Pfizer's Tisotumab Vedotin, aimed at treating recurrent or metastatic cervical cancer that has progressed after systemic therapy.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 11:47 am

BTCUSD

ETHUSD

Traders continue to favor Bitcoin over Ethereum due to uncertainty surrounding the SEC's approval of Ethereum-based ETFs. Despite bullish predictions for Ethereum, concerns about its classification as a security or commodity, especially with its Proof-of-Stake mechanism, contribute to this preference. The ETH/BTC ratio's recent decline further indicates market skepticism towards Ethereum's short-term performance compared to Bitcoin.

Portfolio Pulse from Benzinga Neuro

February 02, 2024 | 11:40 am

AAPL

Apple disclosed in its 10-Q filing that Epic intends to dispute Apple's compliance plan in court on January 31, 2024. This legal challenge could impact Apple's operations and investor sentiment.

Portfolio Pulse from Charles Gross

February 02, 2024 | 11:07 am

TSLA

Tesla Inc (NASDAQ:TSLA) is recalling approximately 2.2 million vehicles, including the Cybertruck, due to concerns over reduced visibility of key safety information caused by a smaller font size on the instrument panel for warning lights. The recall encompasses all of Tesla's models such as the Model 3, Model Y, Model X, and Model S sedans and SUVs.

Portfolio Pulse from Anan Ashraf

February 02, 2024 | 11:07 am