Streetbeat News

Regulatory

DBD

The New York Stock Exchange (NYSE) has announced that it will begin delisting proceedings against Diebold Nixdorf (DBD) due to non-compliance with listing standards.

Portfolio Pulse from Charles Gross

June 02, 2023 | 8:21 pm

BNRG

Brenmiller Energy Ltd has filed for a mixed shelf offering of up to $75 million, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

June 02, 2023 | 8:15 pm

BYTS

Byte Acquisition's board has concluded that the company's financial statements for the quarter ended March 31, 2023, should no longer be relied upon.

Portfolio Pulse from Benzinga Newsdesk

June 02, 2023 | 8:05 pm

SPY

Unionized dockworkers have slowed or shut down operations at major West Coast ports, including Los Angeles, Long Beach, Oakland, Tacoma, and Seattle, amid contract talks. This may impact supply chains and related companies.

Portfolio Pulse from Happy Mohamed

June 02, 2023 | 7:39 pm

GERN

Geron Corporation announced positive results from its IMerge Phase 3 trial of imetelstat in lower risk MDS patients at the ASCO Annual Meeting. The primary endpoint of 8-week transfusion independence was met with high statistical significance, and the data supports an NDA submission planned for June 2023.

Portfolio Pulse from Happy Mohamed

June 02, 2023 | 7:31 pm

USO

OPEC+ is considering an additional output cut of around 1 million barrels per day as a possible option for their June 4 meeting, according to Reuters.

Portfolio Pulse from Happy Mohamed

June 02, 2023 | 7:26 pm

GOVT

SHY

TLT

Despite the resolution of the US debt ceiling standoff, Fitch Ratings maintains its 'Rating Watch Negative' stance on the US rating. Fitch is concerned about repeated political standoffs and last-minute resolutions undermining fiscal responsibility. Treasury yields spiked, and iShares Treasury Bond ETFs experienced losses.

Portfolio Pulse from Piero Cingari

June 02, 2023 | 7:24 pm

SPY

White House Spokeswoman Jean-Pierre announced that President Biden will sign the debt bill as soon as tomorrow, according to Reuters.

Portfolio Pulse from Happy Mohamed

June 02, 2023 | 6:52 pm

USO

OPEC+ is considering an additional oil production cut as one of the possible options for their June 4 meeting, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

June 02, 2023 | 6:30 pm

ATVI

MSFT

Microsoft's President Brad Smith is set to discuss the Activision deal ban with UK Chancellor Hunt, according to Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

June 02, 2023 | 6:26 pm