Streetbeat News

Regulatory

NISN

Nisun International Enterprise Development Group Co., Ltd (NASDAQ:NISN) has regained compliance with NASDAQ's minimum bid price requirement under Listing Rule 5550(a)(2), after previously receiving a delisting notice.

Portfolio Pulse from Happy Mohamed

June 02, 2023 | 12:32 pm

MBOT

Microbot Medical Inc. (NASDAQ:MBOT) has received a $440,000 grant from the Israel Innovation Authority to support the development of the manufacturing process for its LIBERTY Robotic Surgical System. This is the first time Microbot has received approval for a grant for 'transition from development to manufacturing' program.

Portfolio Pulse from Happy Mohamed

June 02, 2023 | 12:18 pm

NVS

Novartis' Kisqali has demonstrated a 25% reduction in the risk of recurrence in early breast cancer patients, according to positive primary endpoint data from the Phase III NATALEE trial. The results show a consistent, clinically meaningful benefit across a broad population of patients with HR+/HER2- early breast cancer.

Portfolio Pulse from Happy Mohamed

June 02, 2023 | 12:08 pm

AWH

Aspira Women's Health has regained compliance with Nasdaq's minimum bid price requirement, ensuring the company remains listed on the stock exchange.

Portfolio Pulse from Benzinga Newsdesk

June 02, 2023 | 12:06 pm

LLY

Eli Lilly announces Verzenio and Jaypirca data to be presented at the 2023 ASCO Annual Meeting, including new analyses from the Phase 3 monarchE trial and updated data from the Phase 1/2 BRUIN trial.

Portfolio Pulse from Benzinga Newsdesk

June 02, 2023 | 12:02 pm

SGII

Seaport Global Acquisition II shares have been halted on code news pending, indicating that there may be significant news affecting the company.

Portfolio Pulse from Benzinga Newsdesk

June 02, 2023 | 11:55 am

AMZN

DIS

INDA

NFLX

Netflix, Disney, and Amazon are set to challenge India's tobacco rules for streaming platforms, which require them to display health warnings on scenes depicting tobacco use, according to Reuters.

Portfolio Pulse from Charles Gross

June 02, 2023 | 11:48 am

ADPT

Adaptive Biotechnologies presented new data at the 2023 ASCO Meeting, highlighting the value of MRD testing in predicting survival outcomes and personalizing treatment for patients with hematologic cancers. clonoSEQ remains the MRD test of choice for biopharma companies in numerous investigational studies.

Portfolio Pulse from Benzinga Newsdesk

June 02, 2023 | 11:37 am

DELL

LULU

MDB

QQQ

SPY

US stocks are set to extend gains as the budget bill clears the Senate, paving the way for its enactment. Investors shift focus to the June Federal Reserve rate decision and the non-farm payroll data for May. Analyst Whitney Tilson predicts three rate cuts this year, which he believes is bullish for stocks. In premarket trading, SPY and QQQ ETFs rose, while stocks like MDB and LULU gained on positive earnings, and DELL fell on lackluster guidance.

Portfolio Pulse from Shanthi Rexaline

June 02, 2023 | 10:51 am

BYDDF

NIO

TSLA

XPEV

China's cabinet plans to extend and optimize the purchase tax exemption for new energy vehicles, according to Reuters citing state media.

Portfolio Pulse from Charles Gross

June 02, 2023 | 10:45 am