Streetbeat News

Regulatory

NVDA

The U.S. government will restrict exports of Nvidia's A800 and H800 chips to China under updated export control rules. A limited number of chips for consumer applications will be subject to a notification requirement.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 12:49 pm

AMD

ASML

AVGO

FXI

A new rule from a U.S. official expands license requirements for chipmaking equipment to 21 countries other than China and for advanced chip exports to more than 40 countries. This could potentially affect several companies in the semiconductor industry.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 12:48 pm

ABVC

ABVC BioPharma has completed subject recruitment for an interim analysis on its ADHD Phase IIb clinical study. The study involves approximately 100 patients in the US and Taiwan. The Phase IIb study continues the Phase IIa study of ABV-1505, which achieved its primary endpoints and was accepted by the FDA in October 2020. The global ADHD treatment market is expected to reach $32.14 billion by 2030.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 12:41 pm

KA

Kineta, Inc. (NASDAQ:KA) has announced the first patient dosing in Part B of its Phase 1/2 VISTA-101 clinical trial. The trial will evaluate the safety and tolerability of Kineta's VISTA blocking immunotherapy, KVA12123, in combination with Merck's anti-PD-1 therapy KEYTRUDA in patients with advanced solid tumors. Initial combination therapy clinical data is expected in Q2 2024.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 12:40 pm

AAPL

BTCUSD

TSLA

The article covers a range of topics including US politics, world politics, Israel-Hamas conflict, tech, electric vehicles, consumer, communication, and space. Key highlights include Tesla's recall of nearly 55,000 Model X, a crypto whale losing $49K in 10 minutes due to Bitcoin ETF rumors, and Biden's planned visit to Israel. Other notable mentions include Apple's resilience in the global smartphone market, Rolls-Royce's plan to cut up to 2,500 jobs, and Netflix's intensified foray into gaming.

Portfolio Pulse from Akanksha Bakshi

October 17, 2023 | 12:37 pm

BNMV

BitNile Metaverse, Inc. (NASDAQ:BNMV) has regained compliance with the Nasdaq Voting Rights Rule. The company had violated the rule with the issuance of the Series B and Series C Preferred Stock. The company amended the Certificates of Designation for both series to remove all voting rights, thus regaining compliance.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 12:36 pm

GRI

Biotechnology company GRI Bio, Inc. (NASDAQ:GRI) has announced a partnership with the UK's National Institute for Health and Care Research Respiratory Translational Research Collaboration (NIHR Respiratory TRC) to advance its NKT regulation technology for the treatment of inflammatory, fibrotic, and autoimmune diseases. The collaboration will provide GRI Bio with additional data on the role of NKT cells in idiopathic pulmonary fibrosis (IPF) from UK patients. GRI Bio's lead program, GRI-0621, has shown promise in improving fibrosis in multiple disease models and improving liver function tests and other markers of inflammation and injury in patients.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 12:36 pm

BMEA

Biomea Fusion has announced the first patient dosing of its covalent FLT3 inhibitor, BMF-500, in a Phase I clinical trial for relapsed or refractory acute leukemia. The drug, developed using Biomea's proprietary FUSION™ System, is designed to be highly selective for FLT3 and avoid inhibition of closely related receptors. Preclinical studies have shown promising activity against all known FLT3 activating and resistance conferring mutations.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 12:34 pm

DDD

3D Systems (NYSE:DDD) has announced that its point-of-care additive manufacturing technologies have been used to produce patient-specific 3D-printed cranial implants for surgeries at University Hospital Basel (Switzerland) and Salzburg University Hospital (Austria). The implants, made from Polyetheretherketone (PEEK) material, were created using 3D Systems' unique extrusion printing technology. The cranial implants market is expected to reach over $2 billion by 2030.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 12:34 pm

ANGH

Anghami Inc. (NASDAQ:ANGH), a leading streaming platform in the Middle East and North Africa, has received a notification from Nasdaq for not complying with the minimum Market Value of Publicly Held Shares (MVPHS) requirement. The company has until April 8, 2024, to regain compliance by maintaining a minimum market value of publicly held shares of $15,000,000 for at least 10 consecutive business days. If the company fails to regain compliance, its securities may be delisted from Nasdaq.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 12:33 pm