Streetbeat News

Regulatory

META

Meta Co has announced that its Covid-19 misinformation rules will no longer be in effect globally, but will continue to remove content violating these policies in countries with Covid emergency declarations.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 1:06 pm

SPY

Fed Governor Waller stated that core inflation is not decreasing as expected, which may influence the Federal Reserve's monetary policy decisions.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 1:05 pm

BNTX

MRNA

NVAX

PFE

The FDA has recommended updated monovalent COVID vaccines targeting the XBB variants for the fall and winter. Pfizer, Moderna, and Novavax are gearing up to produce vaccines targeting the XBB.1.5 strain.

Portfolio Pulse from Vandana Singh

June 16, 2023 | 12:52 pm

BIDU

TSLA

XPEV

Baidu has received regulatory approval to offer driverless ride-hailing services in Shenzhen under its Apollo Go brand. This comes after Chinese EV maker XPeng launched its assisted-driving technology in Beijing and three other cities.

Portfolio Pulse from Anusuya Lahiri

June 16, 2023 | 12:43 pm

SPY

VGK

NATO's Secretary-General Jens Stoltenberg announced that the organization is working towards creating a Ukraine-NATO council, aiming to strengthen ties between the two parties.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 12:38 pm

SPY

Fed Governor Waller stated that there could be short-term price impacts due to factors like re-shoring production, but these should not imply ongoing inflationary price increases.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 12:38 pm

RMBL

RumbleOn (NASDAQ:RMBL) has appointed Mark Tkach as Interim CEO and Steve Pully as Chairman of the Board, following the resignation of Marshall Chesrown. The company also reached an agreement with the Coulter-Tkach Group to resolve the ongoing proxy contest.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 12:34 pm

MBOT

Microbot Medical's LIBERTY Robotic Surgical System has received positive feedback from Key Opinion Leaders during pre-clinical animal studies. Two peer-reviewed abstracts have been accepted for presentation at the Annual Congress of the Cardiovascular and Interventional Radiological Society of Europe (CIRSE). The company aims to gather insights from leading physicians and future users as it prepares for human clinical trials.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 12:32 pm

BKR

E

Baker Hughes (NASDAQ:BKR) has been awarded a major subsea contract by Eni and Petroci for the Baleine Phase 2 project in Ivory Coast, Africa's first Scope 1 and 2 net-zero emissions development. The contract strengthens Baker Hughes' presence in West Africa and unlocks growth potential in the country.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 12:12 pm

AMZN

IRBT

The Competition and Markets Authority (CMA) has cleared Amazon's $1.7 billion acquisition of iRobot, the maker of Roomba vacuum cleaners. The deal is not expected to hamper competition in the UK, as iRobot's market position is modest and faces significant rivals.

Portfolio Pulse from Anusuya Lahiri

June 16, 2023 | 12:12 pm