Streetbeat News

Regulatory

BMWYY

MBGAF

TSLA

VWAGY

Germany is set to oppose EU tariffs on Chinese EVs, influenced by industry leaders and labor unions. This decision could impact international trade, especially for German carmakers with significant sales in China. Tesla's expansion in Germany highlights its growing presence in the European EV market.

Portfolio Pulse from Kaustubh Bagalkote

October 04, 2024 | 3:34 am

BTCUSD

Mark Cuban supports Republican Senate candidate John Deaton over Sen. Elizabeth Warren due to Deaton's pro-cryptocurrency stance. Cuban criticizes Warren's anti-crypto policies and praises Deaton's character and background. Deaton has received significant backing from the crypto industry, including a $1 million Bitcoin donation from the Winklevoss twins.

Portfolio Pulse from Aniket Verma

October 04, 2024 | 1:50 am

STRM

Trading for a certain asset has been halted as of 7:50:00 p.m. ET due to pending news. This could indicate significant upcoming information that may impact the asset's price.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 11:50 pm

CURLF

New York's legal cannabis market has reached $654 million in sales, but social equity licensees face challenges. A report highlights issues such as unlicensed operators and financial obstacles for equity businesses. Only a few medical marijuana operators, including Curaleaf, have entered the adult-use market.

Portfolio Pulse from Franca Quarneti

October 03, 2024 | 11:45 pm

BMY

Bristol Myers Squibb announced that the FDA has approved the use of Opdivo (Nivolumab) in combination with chemotherapy for the perioperative treatment of resectable non-small cell lung cancer. This includes neoadjuvant treatment followed by surgery and adjuvant single-agent Opdivo.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 9:36 pm

IBKR

Interactive Brokers (NASDAQ:IBKR) has launched election betting contracts, allowing investors to hedge against election-related risks. This comes as KalshiEx resumes congressional betting after a legal ban was lifted. These developments offer new ways for investors to engage with political markets.

Portfolio Pulse from Michael Cohen

October 03, 2024 | 8:37 pm

SMMT

Summit Therapeutics has completed enrollment in its Phase III HARMONi trial for ivonescimab in EGFR-mutated NSCLC. The FDA has granted Fast Track designation for ivonescimab, with topline data expected in mid-2025.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 8:19 pm

F

GM

STLA

TSLA

Republican Presidential Nominee Donald Trump announced that if elected, he will prevent states from banning gas-powered cars or trucks. This statement could impact the automotive industry, particularly companies involved in the production of gas-powered vehicles.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 8:13 pm

TRI

Thomson Reuters has agreed to sell its FindLaw business to Internet Brands, with the transaction expected to close in Q4 2024 pending regulatory approvals. No financial terms were disclosed.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 8:06 pm

AMZN

GOOG

META

SNAP

Texas Attorney General Ken Paxton has filed a lawsuit against TikTok for allegedly violating the SCOPE Act by sharing minors' personal data without parental consent. The lawsuit seeks civil penalties and injunctive relief to prevent future violations.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 8:01 pm