Streetbeat News

Regulatory

MRK

Merck has received a positive opinion from the European Union's Committee for Medicinal Products for Human Use (CHMP) for its drug PREVYMIS. The drug is intended for the prevention of Cytomegalovirus (CMV) disease in high-risk adult kidney transplant recipients and extended 200-day dosing in adult Hematopoietic Stem Cell Transplant (HSCT) recipients at risk for late CMV infection and disease.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 10:51 am

BLK

BTCUSD

Bitcoin's price surged to $30,000 on certain exchanges due to false reports that the SEC had approved BlackRock’s iShares Bitcoin ETF. The fake news led a large-scale investor to buy 20.5 Wrapped Bitcoin with 613,201 USD Coin, only to sell it for 563,970 USDC after realizing the news was fake, resulting in a loss of $49,231 in 10 minutes. BlackRock clarified that the iShares Bitcoin ETP application is still under review by the SEC.

Portfolio Pulse from Mehab Qureshi

October 17, 2023 | 10:48 am

IDYA

Ideaya Biosciences has announced the publication of an abstract for a proffered paper session at the European Society of Medical Oncology Congress 2023. The abstract relates to selected data from an ongoing Phase 2 trial of Darovasertib plus Crizotinib for metastatic uveal.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 10:03 am

TSLA

Tesla Inc (NASDAQ:TSLA) is recalling nearly 55,000 of its Model X vehicles manufactured between 2021 and 2023 due to risks of reduced braking performance. The vehicle controller might not detect low brake fluid, and it will not display a warning light, increasing the risk of an accident. However, no injuries related to the issue have been reported as of Oct. 10. The company will fix the issue with an over-the-air update free of cost to the customer.

Portfolio Pulse from Anan Ashraf

October 17, 2023 | 9:31 am

BTCUSD

EIS

ETHUSD

SPY

USO

Israel has frozen over 100 Binance accounts due to suspected links with Hamas, as reported by Coindesk. This action could potentially impact the cryptocurrency market.

Portfolio Pulse from Charles Gross

October 17, 2023 | 9:25 am

FXI

China has instructed its banks to roll over local government debts, as reported by Reuters. This move is aimed at managing financial risks in a faltering economy.

Portfolio Pulse from Charles Gross

October 17, 2023 | 9:07 am

VGK

The Eurozone ZEW Economic Sentiment for October has been reported at 2.3, significantly better than the estimated -8 and the previous -8.9. This indicates a positive shift in economic sentiment within the Eurozone.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 9:07 am

TSLA

Tesla has recalled approximately 55,000 Model X vehicles made between 2021 and 2023 due to issues with the vehicle controller, as announced by the National Highway and Traffic Safety Administration.

Portfolio Pulse from Charles Gross

October 17, 2023 | 9:06 am

TEVA

Teva Pharmaceutical Industries Ltd. has announced that its Phase IV UNITE study shows that AJOVY® significantly reduced migraine attacks and depression symptoms in migraine sufferers with Major Depressive Disorder.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 7:14 am

PH

Parker Hannifin's Parker Meggitt has received a Supplemental Type Certificate (STC) for iPRESSTM, a long-range wireless tire pressure gauge for aviation. This certification allows the product to be used in the aviation industry.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 7:09 am