Streetbeat News

Regulatory

TSLA

Palo Alto is considering a deal with Tesla to test robotaxis on its streets, but the decision depends on California regulators. Tesla plans to start autonomous driving with Model 3 and Model Y in Texas and California next year, with the Cybercab joining by 2026.

Portfolio Pulse from Anan Ashraf

October 23, 2024 | 11:28 am

MCD

McDonald's shares are experiencing a decline due to a CDC report linking an E. coli outbreak to their quarter pounders.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 11:15 am

RNAZ

TransCode Therapeutics has received approval from its Safety Review Committee to open the second cohort of patients in its Phase 1 clinical trial, following a positive safety review of the first cohort.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 11:10 am

AGIO

Agios Pharmaceuticals has completed enrollment for its Phase 3 RISE UP study of Mitapivat, a treatment for sickle cell disease. This milestone is significant for the company's development pipeline and potential future revenue streams.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 11:09 am

GOOGL

META

The Hong Kong government has banned the use of WhatsApp and Google Drive on civil servants' work computers due to security concerns. This move is part of a global trend of governments imposing restrictions on digital platforms for security reasons.

Portfolio Pulse from Benzinga Neuro

October 23, 2024 | 10:01 am

AAPL

TSM

TSMC has informed the U.S. Commerce Department about a potential export rule violation after a chip made by TSMC was found in Huawei's AI product. This comes amid high demand for AI chips and ongoing investigations by the U.S. Commerce Department.

Portfolio Pulse from Benzinga Neuro

October 23, 2024 | 9:53 am

LLY

Eli Lilly has received marketing authorization in Great Britain for its drug Kisunla, aimed at treating mild cognitive impairment and mild dementia due to Alzheimer's in adult patients who are Apolipoprotein E Ε4 heterozygotes.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 9:08 am

DB

Deutsche Bank reported its Q3 financial metrics, including a Common Equity Tier 1 capital ratio of 13.8%, a leverage ratio of 4.6%, a liquidity coverage ratio of 135%, and provisions for credit losses amounting to €494 million.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 9:04 am

GM

General Motors (GM) aims to resume driverless operations of its Cruise vehicles by the end of the year, following a suspension due to a regulatory issue. CEO Mary Barra emphasized the focus on safety and efficient investment in autonomy. GM's Cruise unit reported a reduced operating loss and is shifting focus to the Chevrolet Bolt for autonomous operations.

Portfolio Pulse from Anan Ashraf

October 23, 2024 | 7:47 am

BTCUSD

SEC Chair Gary Gensler wished Bitcoin a 'Happy Sweet Sixteen' ahead of its white paper anniversary, emphasizing that decentralized technology can align with securities laws. Gensler highlighted the need for investor protection in the crypto space, amid ongoing regulatory actions against major firms like Binance and Coinbase.

Portfolio Pulse from Aniket Verma

October 23, 2024 | 7:33 am