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VGK

The Eurozone Core Consumer Price Index (CPI) for January showed a year-over-year increase of 3.3%, slightly above the estimated 3.2% but below the previous 3.4%.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 10:03 am

VGK

Eurozone CPI for January reported at 2.8% year-over-year, slightly above the estimated 2.7%, but below the previous 2.9%.

Portfolio Pulse from Charles Gross

February 01, 2024 | 10:02 am

VGK

The Eurozone Consumer Price Index (CPI) for January showed a year-over-year increase of 2.8%, slightly above the estimated 2.7% and below the previous 2.9%.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 10:02 am

ATRA

Atara Biotherapeutics and Pierre Fabre Laboratories announced the publication of Phase 3 ALLELE Tab-Cel data in The Lancet Oncology, showing a 51.2% objective response rate and a median duration of response of 23.0 months in patients with relapsed or refractory EBV+ PTLD. The U.S. BLA submission is planned for Q2 2024 based on these positive results.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 8:17 am

HSAI

Hesai Technology Co., Ltd. (NASDAQ:HSAI) has clarified that it has no military ties after being mistakenly added to the U.S. Department of Defense's 'Chinese Military Companies' list. Hesai emphasizes that its lidar products are solely for civilian use and have never been designed for military applications. The company is publicly traded and privately owned with an independent corporate governance structure. Hesai's products are classified as EAR99, indicating non-suitability for military use, and the company does not expect significant business disruption from this listing as it does not sell to the U.S. Department of Defense or any military entities.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 7:55 am

DIS

GOOG

NFLX

Hulu, owned by Walt Disney Co. (NYSE:DIS), has updated its subscriber agreement to prohibit account sharing outside of a single household. This move follows similar actions by other streaming services like Netflix Inc. (NASDAQ:NFLX), Disney+, and YouTube, owned by Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), to tighten control over account usage and monetize account sharing.

Portfolio Pulse from Rounak Jain

February 01, 2024 | 7:48 am

ETH-USD

SOL-USD

Balaji Srinivasan proposed using Decentralized Autonomous Organizations (DAOs) on Ethereum and Solana blockchains as alternatives to traditional corporate structures in Delaware. This suggestion follows Elon Musk's legal challenges in Delaware, including a court ruling that invalidated his $55.8 billion compensation package from Tesla. Srinivasan's proposal highlights DAOs as modern, transparent, and democratic business models, with recent legislation in Wyoming, Tennessee, and the Marshall Islands recognizing DAOs.

Portfolio Pulse from Mehab Qureshi

February 01, 2024 | 7:40 am

TSLA

Tesla Inc (NASDAQ:TSLA) is being sued by 25 California counties for allegedly mishandling hazardous waste at its state facilities. The lawsuit claims Tesla improperly disposed of waste, failed to label hazardous materials correctly, and did not adequately train employees in waste handling. This legal challenge adds to Tesla's current issues, including a Delaware court ruling against CEO Elon Musk's $55 billion compensation plan. Despite these issues, Tesla's stock rose after hours on news of a planned new U.S. battery plant expansion using equipment from CATL.

Portfolio Pulse from Benzinga Neuro

February 01, 2024 | 7:37 am

RHHBY

Genentech, a Roche subsidiary, announced new 72-week data from BALATON and COMINO studies evaluating Vabysmo for macular edema due to retinal vein occlusion (RVO). The data showed that Vabysmo sustained significant drying of retinal fluid and allowed up to 60% of patients to extend treatment intervals to three or four months. These results will be presented at the Angiogenesis, Exudation, and Degeneration 2024 conference. Vabysmo is approved in the U.S. for RVO and in over 90 countries for wet AMD and DME.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 7:33 am

IYT

UPS

Economist David Rosenberg cites UPS's Q4 earnings as evidence of a looming recession, challenging the credibility of recent robust GDP data. UPS reported a 7.8% revenue decline and a 31.8% drop in adjusted EPS. CEO Carol Tomé announced a workforce reduction of 12,000 to save costs and explore strategic alternatives for Coyote. The iShares Transportation Average ETF (IYT) fell 1.57% after the Fed's rate decision.

Portfolio Pulse from Shanthi Rexaline

February 01, 2024 | 7:18 am