Streetbeat News

Regulatory

TNON

Tenon Medical has announced that it passed an FDA Level 2 Inspection, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 2:03 pm

SPY

The ISM Non-Manufacturing Prices for October came in at 58.6, higher than the estimated 56.6, but slightly lower than the previous month's 58.9.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 2:00 pm

SPY

The ISM Non-Manufacturing PMI for October came in at 51.8, lower than the estimated 53 and the prior figure of 53.6.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 2:00 pm

PODD

Insulet Corporation (NASDAQ:PODD) reported Q3 sales of $432.7 million, up 27.0%, beating the consensus of $414.383 million. The company also reported an adjusted EPS of $0.71, beating the consensus of $0.40. Insulet raised its FY23 revenue growth forecast to 26%-27% and expects total Omnipod growth between 29% and 30%. The company also received FDA clearance for the Omnipod 5 app on Apple iOS and plans to integrate Omnipod 5 with the Dexcom G7 by early 2024.

Portfolio Pulse from Vandana Singh

November 03, 2023 | 1:57 pm

META

Meta Platforms Inc.'s chief AI scientist, Yann LeCun, has voiced his opposition to stringent AI regulations, citing concerns about potential restrictions on 'freedom to compute'. His views align with AI and games researcher Julian Togelius, who argues that regulating AI at a technical level rather than at an application level poses a significant threat to digital freedoms. This comes amid heightened conversations surrounding AI regulations during the U.K. AI Summit and the executive order by U.S. President Joe Biden.

Portfolio Pulse from Ananya Gairola

November 03, 2023 | 1:52 pm

SPY

The S&P Global Composite PMI for October was reported at 50.7, slightly below the estimated 51.0 and higher than the previous month's 50.2.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 1:45 pm

EIS

SPY

U.S. Secretary of State, Blinken, has stated that the U.S. continues to believe that the best viable path to peace is through a two-state solution. No direct impact on EIS or SPY is mentioned.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 1:43 pm

EIS

SPY

U.S. Secretary of State, Blinken, has announced that mechanisms have been identified to enable fuel to reach hospitals in Gaza. This is a development from the State Department.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 1:40 pm

EIS

SPY

USO

U.S. Secretary of State, Blinken, has spoken with Israeli leaders about increasing the sustained delivery of food, water, and medicine. The State Department remains focused on securing the release of hostages, including Americans.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 1:39 pm

EIS

SPY

U.S. Secretary of State, Blinken, has expressed the need for more action to protect Palestinian civilians. He has communicated with Netanyahu and other Israeli officials about concrete steps to minimize the civilian death toll.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 1:39 pm