Streetbeat News

Regulatory

SPY

The article discusses the potential impeachment inquiry into President Trump as the House of Representatives returns from recess. The SPY ETF is mentioned in passing.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 1:54 pm

MGM

MGM Resorts International has experienced a cybersecurity issue that led to the shutdown of several computer systems, including its website. This has affected nearly every aspect of the casino operator's business, including reservation platforms, booking systems, electronic hotel key card systems, and casino floors. The company's email systems were also disabled and have not been restored yet. The FBI is aware of the ongoing issue. In addition, MGM recently faced another setback with the delay of a planned casino resort in Osaka until late 2030.

Portfolio Pulse from Nabaparna Bhattacharya

September 12, 2023 | 1:30 pm

GANX

Gain Therapeutics has received approval to commence Phase 1 clinical study of GT-02287 from the Human Research Ethics Committee in Australia. This is the first drug candidate identified with Gain's proprietary computational drug discovery platform SEE-Tx® to enter the clinical development phase.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 1:27 pm

SYK

Stryker's Pangea Systems have received FDA clearance, allowing the company to offer a comprehensive and versatile portfolio, providing variable-angle plating for a variety of patient populations.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 1:21 pm

NRXS

NeurAxis has published a prospective study showing that its product, IB-Stim, improves the quality of life of adolescents with Irritable Bowel Syndrome (IBS).

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 1:13 pm

CDNS

INTC

NVDA

SSNLF

TSM

Cadence Design Systems Inc's CEO, Anirudh Devgan, has stated that semiconductor packaging is crucial for U.S. leadership in AI technologies. Companies like Nvidia Corp have used advanced chip packaging to develop AI accelerators, but a limited number of suppliers are causing bottlenecks. Taiwan Semiconductor Manufacturing Company Ltd leads in advanced chip packaging patents, followed by Samsung Electronics Co, Ltd and Intel Corp. Cadence is considering applying for funding from the $52 billion Chips and Science Act.

Portfolio Pulse from Anusuya Lahiri

September 12, 2023 | 1:02 pm

LTRY

Lottery.com has regained compliance with Nasdaq's listing rules. The company had previously received a notice from Nasdaq about potential delisting due to non-compliance with listing rules.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 12:52 pm

ALPN

Alpine Immune Sciences, Inc. (NASDAQ:ALPN) presented new preclinical data for povetacicept in a murine experimental autoimmune myasthenia gravis (EAMG) model at the American Neurological Association Annual Meeting. The company also presented safety, tolerability, pharmacokinetic, and pharmacodynamic data from RUBY-1, a phase 1 study of povetacicept in healthy adult volunteers.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 12:51 pm

BTC

BTC Digital has regained compliance with Nasdaq's minimum bid price requirement. The company was previously at risk of being delisted due to its share price falling below the minimum requirement.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 12:45 pm

JAGX

Napo Pharmaceuticals, a subsidiary of Jaguar Health (NASDAQ:JAGX), has submitted a grant application to the National Institute of Allergy and Infectious Diseases (NIAID) for funding to support its Phase I study of NP-300, a novel drug candidate for the treatment of moderate-to-severe diarrhea, including cholera.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 12:44 pm