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EIS

SPY

USO

President Biden is set to make remarks on Israel on Tuesday, according to a White House official. The news may impact the performance of certain ETFs such as EIS (iShares MSCI Israel ETF), SPY (SPDR S&P 500 ETF Trust), and USO (United States Oil Fund).

Portfolio Pulse from Charles Gross

October 09, 2023 | 10:26 pm

BTCUSD

Robert F. Kennedy Jr. has announced his intention to run as a third-party candidate in the 2024 presidential election, a move that has drawn criticism from both the Democratic and Republican parties. Kennedy, who has previously run as a Democrat, has been controversial due to his anti-vaccine stance and promotion of conspiracy theories. His campaign platform appeals to both Republican and Democratic voters, and his support for Bitcoin could draw additional supporters. Kennedy's decision could potentially impact the election by taking votes away from both Donald Trump and Joe Biden.

Portfolio Pulse from Chris Katje

October 09, 2023 | 10:05 pm

SUPN

Supernus Pharmaceuticals has resubmitted its New Drug Application (NDA) for the SPN-830 Apomorphine Infusion Device to the U.S. Food and Drug Administration (FDA). This comes after the company believes it has addressed the FDA's questions related to a Complete Response Letter (CRL) issued in October 2022.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 8:47 pm

EBLMY

USO

Venezuela and the United States are reportedly making progress in talks that could lead to sanctions relief for Caracas, potentially allowing an additional foreign oil company to use Venezuelan crude oil for debt repayment. The discussions, which have been ongoing in Qatar since last year, could allow PDVSA’s joint venture partners, including Maurel & Prom (OTCPK: EBLMY), to accept Venezuelan oil as debt settlement. The United States Oil Fund (NYSE:USO), which tracks the performance of the West Texas Intermediate (WTI) benchmark, rose 4% on Monday.

Portfolio Pulse from Piero Cingari

October 09, 2023 | 8:46 pm

EIS

SPY

U.S. President Biden has announced that the Department of Homeland Security (DHS), the Federal Bureau of Investigation (FBI), and other federal law enforcement agencies are closely monitoring for any domestic threats in connection with the recent attacks in Israel.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 8:21 pm

EIS

SPY

USO

President Biden has announced that at least 11 American citizens were among those killed in Israel, and it is likely that American citizens may be among those being held by Hamas.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 8:19 pm

HARP

Harpoon Therapeutics is set to present interim tolerability and response data from the Phase 1/2 clinical trial of T cell engager HPN328 at the ESMO Congress 2023.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 8:18 pm

SPY

A U.S. Aircraft Carrier Strike Group is set to arrive in Eastern Mediterranean waters very soon, according to a senior U.S. Defense official. The SPY ETF, which tracks the S&P 500, may be indirectly affected by this news due to potential geopolitical implications.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 8:09 pm

AKRO

Akero Therapeutics, Inc. (NASDAQ:AKRO) will present the topline week 36 results from its Phase 2b SYMMETRY study on October 10. The study evaluates the efficacy of efruxifermin (EFX) in patients with compensated cirrhosis due to non-alcoholic steatohepatitis (NASH). The results will include histology and changes from baseline in non-invasive measures of fibrosis, glycemic control, and lipoproteins, as well as safety and tolerability.

Portfolio Pulse from Happy Mohamed

October 09, 2023 | 8:09 pm

MDRX

Veradigm Inc. (NASDAQ:MDRX) has received an extension on the temporary stay of delisting of its common stock from Nasdaq, pending a hearing on November 16, 2023. The company had previously received a delisting notice due to noncompliance with Nasdaq Listing Rule 5250(c)(1) for not filing its Annual Report and Quarterly Reports on time. The delay in filing is due to internal control failures primarily from accounting processes and a software tool implemented to comply with FASB's rule ASC 606.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 8:05 pm