Streetbeat News

Regulatory

EWU

UNG

USO

VGK

Greenpeace has lost a legal challenge against the UK government's decision to authorize new North Sea oil and gas licenses. This could potentially increase the supply of oil and gas, impacting related ETFs.

Portfolio Pulse from Charles Gross

October 19, 2023 | 11:26 am

DISH

TMUS

DISH Network Corp and T-Mobile US Inc have agreed to extend the deadline for DISH to purchase a set of T-Mobile airwaves, a decision approved by a U.S. court. The new deadline is April 1. DISH will pay T-Mobile a $100 million extension fee, subject to court approval. The extension will help DISH compete as the nation's fourth facilities-based carrier. DISH shares are trading lower by 0.79% at $5.02 premarket.

Portfolio Pulse from Anusuya Lahiri

October 19, 2023 | 11:25 am

BCYC

Bicycle Therapeutics' lead candidate BT8009 for metastatic bladder cancer has been selected for a pilot program launched by the FDA. The program focuses on Chemistry, Manufacturing and Controls development and readiness.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 11:24 am

AAPL

Apple Inc. (NASDAQ:AAPL) has dismissed several staff members from its China App Store unit due to alleged business misconduct. An internal investigation revealed unauthorized interactions with mobile game developers. The investigation was conducted during Apple CEO Tim Cook’s visit to China amid increasing global regulatory scrutiny over Apple’s App Store operations. The U.S. Department of Justice is reportedly preparing a possible lawsuit against Apple, seeking insights into the company’s stringent control over the iPhone, including the App Store.

Portfolio Pulse from Benzinga Neuro

October 19, 2023 | 11:15 am

PCYG

Park City Group, Inc. (NASDAQ:PCYG), the parent company of ReposiTrak, has added two produce suppliers to the ReposiTrak Traceability Network. The new users will exchange FDA-required Key Data Elements for each Critical Tracking Event in the supply chain, ensuring compliance ahead of the January 2026 deadline.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 11:11 am

TNXP

Tonix Pharmaceuticals presented preclinical data on its horsepox-based live virus vaccine platform at the World Vaccine Congress Europe. The data demonstrated the attenuation of TNX-801 compared to modern vaccinia vaccines.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 11:10 am

EIS

EWU

SPY

USO

Israeli Prime Minister Netanyahu has informed UK Chancellor Rishi Sunak that the October 7 attack by Hamas was aimed at disrupting Israel's regional peace efforts. He also stated that the conflict in Gaza will be prolonged and that Israel requires support from the UK.

Portfolio Pulse from Charles Gross

October 19, 2023 | 10:53 am

BNTX

BioNTech has announced that the first patient has been treated in a Phase 2 trial of mRNA-based individualized neoantigen-specific immunotherapy candidate Autogene Cevumeran (BNT122, RO7198457) in resected pancreatic ductal adenocarcinoma.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 10:49 am

IIIN

Insteel Industries (IIIN) remains cautiously optimistic for FY24 despite a challenging FY23. The company expects the Infrastructure Investment and Jobs Act to drive demand. However, it is aware of risks associated with higher interest rates and a potential slowdown in nonresidential building construction.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 10:34 am

FXI

META

VGK

The European Union Commission has sent a request for information to Meta Platforms Inc. and TikTok under the Digital Services Act, according to Reuters. The act requires large online platforms to do more to tackle illegal content, misinformation and harmful content online.

Portfolio Pulse from Charles Gross

October 19, 2023 | 10:20 am