Streetbeat News

Regulatory

NSTG

Polar Capital Holdings Plc has increased its stake in Nanostring Technologies, Inc. to 8.1%, according to an amended Form 13G filed with the SEC.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 5:46 pm

INDA

TSLA

Tesla's battery supplier, Panasonic, is in talks to set up a plant in India. This move is part of Tesla's strategy to solidify its supply chains before entering the Indian market. Tesla's CEO, Elon Musk, has previously announced plans of entering the Indian market.

Portfolio Pulse from Benzinga Newsdesk

July 13, 2023 | 5:40 pm

ATVI

MSFT

SPY

The Federal Trade Commission (FTC) has requested an appeals court to halt the Microsoft-Activision deal. The FTC is concerned about the potential anti-competitive effects of the merger.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 5:20 pm

EWU

FXI

MSFT

SPY

The UK's National Cyber Security Centre (NCSC) is collaborating with Microsoft to understand the impact of a Chinese hack that affected US government agencies. The extent of the damage and the potential implications for the UK are currently under investigation.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 4:43 pm

MATICUSD

Polygon (MATIC) is trading higher by 12.31% to $0.80 after a U.S. judge ruled that Ripple's sales of the XRP token do not constitute an offer of investment contracts. This decision could be seen as a positive development for the broader cryptocurrency industry, potentially leading to increased demand and higher prices for other cryptocurrencies, including Polygon.

Portfolio Pulse from Henry Khederian

July 13, 2023 | 4:43 pm

DOGEUSD

Dogecoin (DOGE) is trading higher by 8.1% after a U.S. judge ruled that Ripple's sales of the XRP token do not constitute an offer of investment contracts. This decision could be seen as a positive development for the broader cryptocurrency industry, potentially leading to increased demand and higher prices for other cryptocurrencies, including Dogecoin.

Portfolio Pulse from Henry Khederian

July 13, 2023 | 4:42 pm

CORN

SOYB

SPY

VGK

WEAT

Kremlin spokesman has stated that there is no final decision on withdrawing from the Black Sea grain deal, according to Reuters citing RIA.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 4:39 pm

SPY

VGK

Russian President Vladimir Putin has stated that the Black Sea grain deal will be extended once promises are made under the deal are fulfilled. The specifics of the promises or the impact on grain prices were not detailed.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 4:38 pm

ATVI

MSFT

SPY

The U.S. Appeals Court has opened a docket on the Federal Trade Commission's (FTC) effort to overturn its loss in the fight against Microsoft's plan to acquire Activision. This development could potentially delay or disrupt the acquisition process.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 4:37 pm

CVS

LLY

NVO

RAD

SNY

WBA

WMT

A survey conducted by U.S. Senator Elizabeth Warren's office revealed that uninsured Americans pay an average of $98 for Eli Lilly's generic insulin, despite the company's promise to reduce the price to $25 per vial. The survey also found that one-third of the pharmacies charged uninsured patients $164 or more for the insulin. This comes after Lilly, Novo Nordisk, and Sanofi announced they would reduce insulin prices by at least 70% later in the year. Among the surveyed stores, Walgreens, Walmart, Rite Aid, and CVS requested average prices of $166, $161, $89, and $39, respectively, for the insulin.

Portfolio Pulse from Vandana Singh

July 13, 2023 | 4:31 pm