Streetbeat News

Regulatory

SPY

The ISM Manufacturing Employment Index for June came in at 48.1, lower than the estimated 50.8 and the prior month's 51.4.

Portfolio Pulse from Happy Mohamed

July 03, 2023 | 2:00 pm

SPY

The ISM Manufacturing PMI for June came in at 46, lower than the estimated 47.2 and the prior figure of 46.9.

Portfolio Pulse from Happy Mohamed

July 03, 2023 | 2:00 pm

MSFT

VGK

EU antitrust regulators are likely to open an investigation into Microsoft over its Teams app. The investigation is expected after Microsoft disagreed on the size of price cuts for Office without Teams, according to sources.

Portfolio Pulse from Happy Mohamed

July 03, 2023 | 1:55 pm

SPY

The USA Manufacturing PMI for June was reported at 46.3, which is in line with the estimates but lower than the prior figure of 48.4.

Portfolio Pulse from Happy Mohamed

July 03, 2023 | 1:45 pm

JD

Shares of JD.Com Inc (NASDAQ:JD) are trading higher by 3.84% to $35.44 ahead of U.S. Treasury Secretary Janet Yellen's upcoming visit to China. Yellen's visit is expected to focus on securing national security interests, fostering mutually beneficial growth, and cooperating on global challenges. JD.Com has a 52-week high of $68.29 and a 52-week low of $33.17.

Portfolio Pulse from Henry Khederian

July 03, 2023 | 1:37 pm

BIDU

Shares of Baidu Inc (NASDAQ:BIDU) are trading higher by 3.8% to $142.11 ahead of U.S. Treasury Secretary Janet Yellen's upcoming visit to China. Yellen's visit is expected to focus on securing national security interests, fostering mutually beneficial growth, and cooperating on global challenges like climate change and debt distress.

Portfolio Pulse from Henry Khederian

July 03, 2023 | 1:36 pm

FTFT

The Securities and Exchange Commission (SEC) has initiated cease-and-desist proceedings against Future Fintech Group Inc. under Section 8A and Section 21C of the Securities Exchange Act of 1934.

Portfolio Pulse from Happy Mohamed

July 03, 2023 | 1:24 pm

BABA

BIDU

JD

Chinese stocks are trading higher in anticipation of US Treasury Secretary Yellen's upcoming visit to China. The electric vehicle (EV) sector is also seeing a boost due to strong vehicle delivery numbers.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2023 | 1:05 pm

VIEW

The U.S. Securities and Exchange Commission (SEC) has charged 'smart' window manufacturer, View Inc., with failing to disclose a $28 million liability.

Portfolio Pulse from Happy Mohamed

July 03, 2023 | 1:04 pm

ZTS

The FDA has announced that Zoetis has developed a new dosing syringe for Sileo, which is expected to become available in 2024.

Portfolio Pulse from Happy Mohamed

July 03, 2023 | 12:57 pm