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Regulatory

SPY

VGK

The U.S. State Department stated that the U.S. Ambassador informed Russia that the U.S. views mutiny as an internal Russian affair and will not be involved.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 5:54 pm

MSFT

SPY

The US House of Representatives is setting new rules for the use of AI chatbot ChatGPT by congressional offices, allowing only the paid ChatGPT Plus version due to its privacy features. The move comes as lawmakers work on legislation to regulate AI.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 4:55 pm

KPRX

Kiora Pharmaceuticals has been granted European Patent Number EP3139914 for compounds treating ophthalmic diseases and disorders. This patent could potentially strengthen Kiora's product pipeline and market position.

Portfolio Pulse from Happy Mohamed

June 26, 2023 | 4:49 pm

TFX

Teleflex and Arrow International are recalling 262,016 Arrow Endurance Extended Dwell Peripheral Catheter Systems in the US due to the risk of catheter separation or leakage, as announced by the U.S. FDA.

Portfolio Pulse from Happy Mohamed

June 26, 2023 | 4:42 pm

BAC

SPY

Wall Street analysts are revising their expectations for interest rate hikes by the Federal Reserve in 2023, with Bank of America predicting two 25 basis point rate hikes. Bank of America has also recognized the economy's resilience and anticipates significant upward revisions to the U.S. GDP.

Portfolio Pulse from Piero Cingari

June 26, 2023 | 4:37 pm

PHVS

The FDA has lifted the clinical hold on Pharvaris NV's IND application for deucrictibant (PHA-121) for the on-demand treatment of hereditary angioedema (HAE). This allows Pharvaris to resume RAPIDe-2 and prepare for RAPIDe-3, their global Phase 3 study. The company's stock price has increased by 14.70%.

Portfolio Pulse from Vandana Singh

June 26, 2023 | 4:27 pm

SPY

VGK

President Biden has clarified that the U.S. was not involved in Russia, potentially easing tensions between the two countries.

Portfolio Pulse from Happy Mohamed

June 26, 2023 | 4:17 pm

SPY

President Biden and the Vice President announced a significant high-speed internet infrastructure plan at the White House.

Portfolio Pulse from Happy Mohamed

June 26, 2023 | 4:08 pm

HSBC

HSBC Holdings has ventured into cryptocurrency services, allowing its clients to purchase and sell Bitcoin and Ethereum ETFs listed on the Stock Exchange of Hong Kong. The bank is also launching the Virtual Asset Investor Education Center to safeguard investors from potential risks associated with cryptocurrency.

Portfolio Pulse from Murtuza Merchant

June 26, 2023 | 4:07 pm

BIOL

Biolase has been pre-solicited by the Department of Defense for dental equipment and supplies manufacturing, specifically for the company's Waterlase Express Endodontic Laser. Biolase is the sole manufacturer and distributor of the Waterlase iPlus Laser in the USA.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 3:48 pm