Streetbeat News

Regulatory

EWU

SPY

VGK

The Bank of England has raised the bank rate from 4.5% to 5.0%, potentially impacting US-listed ETFs such as EWU, SPY, and VGK.

Portfolio Pulse from Bill Haddad

June 22, 2023 | 11:05 am

CGEN

Compugen has dosed its first patient in a proof-of-concept study for a triple immunotherapy combination of COM701, COM902, and Pembrolizumab in platinum-resistant ovarian cancer patients.

Portfolio Pulse from Bill Haddad

June 22, 2023 | 11:04 am

IVVD

Invivyd announces initial data from its ongoing Phase 1 clinical trial of VYD222, showing strong neutralization activity against the Omicron XBB.1.5 variant. The drug has been well-tolerated with no serious adverse events reported, supporting a rapid transition to a pivotal clinical trial.

Portfolio Pulse from Bill Haddad

June 22, 2023 | 11:03 am

QQQ

SPR

SPY

TSLA

US stock futures signal a cautious start ahead of Federal Reserve Chair Jerome Powell's Senate testimony. Tech stocks led the sell-off, with the Nasdaq Composite Index underperforming. Morgan Stanley's Lisa Shalet is skeptical of the rally continuing and advises investors to heed the Fed's signals.

Portfolio Pulse from Shanthi Rexaline

June 22, 2023 | 10:55 am

CS

UBS

The Swiss National Bank (SNB) plans to implement measures to prevent future crises like the one experienced by Credit Suisse Group AG. In its 2023 financial stability report, SNB suggests banks should pledge a minimum amount of assets at central banks. UBS Group AG recently completed the acquisition of Credit Suisse.

Portfolio Pulse from Lekha Gupta

June 22, 2023 | 10:53 am

MNKD

MannKind has initiated the INHALE-3 study in adult patients with Type 1 diabetes, comparing A1c and mealtime control when switching from injectable insulin or pumps to inhaled insulin (Afrezza).

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 10:20 am

HAE

The FDA has approved Haemonetics' advancements to its NexSys PCS Plasma Collection System, including a new plasma collection bowl and new Express Plus technology engineered to reduce procedure time.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 10:17 am

IDYA

IDEAYA Biosciences reported the first case of a uveal melanoma patient spared enucleation in a Phase 1 neoadjuvant IST with Darovasertib monotherapy.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 10:03 am

AMZN

FDX

MSFT

The S&P 500 settled lower on Wednesday following comments from Federal Reserve Chair Jerome Powell, signaling potential additional rate hikes. All three major stock indexes recorded losses for the third consecutive session. FedEx reported better-than-expected earnings, while sales missed estimates. The Nasdaq 100 fell 1.35% amid losses in shares of Microsoft and Amazon.

Portfolio Pulse from Lisa Levin

June 22, 2023 | 9:59 am

TSLA

Tesla has filed a US patent application #20230198455 for an interlocking Building-Integrated Photovoltaic (BIPV) roof tile with backer, aiming to improve solar energy generation and installation efficiency.

Portfolio Pulse from Charles Gross

June 22, 2023 | 9:52 am