Streetbeat News

Regulatory

UEC

UUUU

Uranium stocks are trading higher following the Senate's environment committee's approval of a bill to fast track the deployment of a new nuclear reactor fleet.

Portfolio Pulse from Benzinga Newsdesk

June 02, 2023 | 4:16 pm

AZN

AstraZeneca's Imfinzi has shown improved pathological complete response (pCR) in gastric and gastroesophageal junction (GEJ) cancers, according to a Regulatory News Service report.

Portfolio Pulse from Happy Mohamed

June 02, 2023 | 4:03 pm

FXI

GM

General Motors CEO Mary Barra stated that a 'sorting' will occur in China's auto market, and admitted that GM was slower than it should have been in launching electric vehicles (EVs) in China.

Portfolio Pulse from Happy Mohamed

June 02, 2023 | 3:55 pm

SPY

USO

U.S. Secretary of State Blinken is scheduled to travel to Saudi Arabia from June 6 to 8 to meet with officials.

Portfolio Pulse from Happy Mohamed

June 02, 2023 | 3:47 pm

C

Citigroup CEO Jane Fraser's remarks at a conference were interrupted by protestors demanding the bank stop financing fossil fuel projects. The protestors were escorted out of the venue.

Portfolio Pulse from Happy Mohamed

June 02, 2023 | 3:36 pm

BEAM

A Phase 1/2 clinical trial is evaluating the safety and efficacy of BEAM-201 in patients with relapsed/refractory T-Cell Acute Lymphoblastic Leukemia or T-Cell Lymphoblastic Lymphoma. The study consists of Phase 1 dose-exploration cohorts, Phase 1 dose-expansion cohort(s), a Phase 1 pediatric cohort, and a Phase 2 cohort.

Portfolio Pulse from Happy Mohamed

June 02, 2023 | 3:13 pm

CURLF

Curaleaf (OTCQX:CURLF) is suspected of using political connections to reverse the NJ Cannabis Regulatory Commission's (CRC) decision to deny its license renewal for cannabis cultivation and sales. The CRC initially denied the renewal due to Curaleaf's closure of a growing facility, lack of transparency, and conflicts with unionization. However, the decision was reversed in a special emergency meeting after an appeal by former state Attorney General Christopher Porrino.

Portfolio Pulse from Nina Zdinjak

June 02, 2023 | 3:07 pm

DIA

IWM

QQQ

SPY

Major indices rise after the US Senate passes a debt ceiling bill and May job report data exceeds expectations.

Portfolio Pulse from Benzinga Newsdesk

June 02, 2023 | 2:55 pm

TNGX

A clinical trial is being conducted to study the effects of TNG260, a CoREST inhibitor, in combination with pembrolizumab in patients with advanced solid tumors with a known STK11 mutation. The trial aims to determine the recommended dose for Phase 2, evaluate safety and tolerability, and assess the initial antineoplastic activity.

Portfolio Pulse from Happy Mohamed

June 02, 2023 | 2:50 pm

FSLR

GLJ Research has upgraded First Solar Inc (NASDAQ:FSLR) from Sell to Hold with a price target of $157.56. The company expects to benefit from the Inflation Reduction Act, with $0.17 per watt for each module sold. The analyst believes First Solar's story is still strong, but the solar industry may face a rerating lower of valuation multiples.

Portfolio Pulse from Shivani Kumaresan

June 02, 2023 | 2:50 pm