Streetbeat News

Regulatory

CREG

Smart Power has regained compliance with NASDAQ requirements, avoiding potential delisting.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 8:37 pm

APTO

Aptose Biosciences has regained compliance with Nasdaq's minimum bid price requirement, as its common shares have maintained a closing bid price of at least $1.00 for 10 consecutive business days.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 8:08 pm

TERN

Terns Pharmaceuticals announced new preclinical data for its TERN-601 program in obesity, showing significant improvements in glucose tolerance, food intake suppression, and gastric emptying in a transgenic mouse model. The company plans to initiate a Phase 1 clinical trial in the second half of this year, with top-line data expected in 2024.

Portfolio Pulse from Happy Mohamed

June 26, 2023 | 8:07 pm

RSLS

ReShape Lifesciences has submitted a Premarket Approval (PMA) supplement application to the FDA for its next-generation Lap-Band 2.0, featuring enhanced band reservoir technology. The company expects feedback from the FDA by year-end.

Portfolio Pulse from Happy Mohamed

June 26, 2023 | 8:06 pm

FXI

SPY

U.S. Treasury Secretary Janet Yellen plans to visit China in July, while the U.S. is preparing investment curbs on Chinese companies. This news may affect the stock prices of ETFs like FXI and SPY.

Portfolio Pulse from Happy Mohamed

June 26, 2023 | 8:05 pm

BMY

Bristol Myers Squibb (NYSE:BMY) has received European Commission approval for CAMZYOS, a first-in-class cardiac myosin inhibitor for the treatment of symptomatic obstructive hypertrophic cardiomyopathy in adult patients. The approval is based on positive results from two Phase 3 trials, EXPLORER-HCM and VALOR-HCM.

Portfolio Pulse from Happy Mohamed

June 26, 2023 | 8:02 pm

ATVI

MSFT

SONY

Xbox boss Phil Spencer reaffirmed Microsoft's commitment to keeping 'Call of Duty' available on PlayStation consoles, even after its potential acquisition of Activision Blizzard. Spencer's statement aligns with previous remarks and a private email from PlayStation boss Jim Ryan. Microsoft faces challenges in finalizing its merger with Activision Blizzard from the FTC and the UK's Competition and Markets Authority.

Portfolio Pulse from Franca Quarneti

June 26, 2023 | 7:43 pm

SPY

VGK

Russian President Putin praised Wagner Group soldiers and commanders for avoiding bloodshed and promised to keep his commitment to those who want to go to Belarus. This may impact ETFs like SPY and VGK.

Portfolio Pulse from Happy Mohamed

June 26, 2023 | 7:18 pm

SPY

VGK

Russian President Vladimir Putin stated that organizers of the rebellion will be brought to justice for betraying the nation.

Portfolio Pulse from Happy Mohamed

June 26, 2023 | 7:17 pm

SPY

VGK

Russian President Vladimir Putin is set to address the nation at 3:10 p.m. ET, according to BNO News. This may impact the stock market and ETFs such as SPY and VGK.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 7:10 pm