Streetbeat News

Regulatory

LILM

Lilium has regained compliance with Nasdaq listing rules, avoiding potential delisting.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 8:19 pm

MIRO

Miromatrix Medical Inc. (NASDAQ:MIRO) announced that CEO Jeff Ross, Ph.D., will resume leadership of the R&D organization after the departure of John Barry as Vice President of R&D. The transition will not impact the company's timelines and milestones, including the submission of a response to the FDA's clinical hold letter in H2 2023.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 8:04 pm

CYCN

Cyclerion Therapeutics has regained compliance with Nasdaq's minimum bid price requirement, allowing its stock to continue being listed and traded on the Nasdaq Capital Market.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 8:01 pm

TTOO

T2 Biosystems has received a Notice of Allowance for its U.S. patent application 17/223,259 titled 'Nuclear Magnetic Resonance (NMR) Detection of Coagulation Time', related to its T2MR detection technology.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 7:58 pm

SPY

The Senate is likely to pass a debt-limit deal today, according to Punchbowl News. This development could have a positive impact on the stock market and ETFs like SPY.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 6:02 pm

SPY

The White House is continuing its outreach to the Senate on the debt ceiling vote, with senior staff calling senators individually. White House staff has been in touch with every single Senate Democratic office about the vote.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 5:48 pm

PCG

UUUU

Gordon Johnson of GLJ Research suggests aggressively adding to all uranium longs as PG&E faces insufficient uranium fuel for Diablo Canyon and has to buy over 6 million lbs on a short-term contract. The ADVANCE Act, Japan's law to extend reactor lifetimes, and a ban on Russian enriched uranium are also factors.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 5:42 pm

DIA

IWM

QQQ

SPY

Major indices are higher after the US House passed a debt ceiling bill and jobless claims data came in softer than expected. Philadelphia Fed President Harker believes we are close to holding rates in place.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 5:30 pm

SPY

Federal Reserve Bank of Philadelphia President Patrick Harker stated that his preference, barring any change in data outside their forecast, is for skipping a rate hike.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 5:23 pm

SPY

Federal Reserve Bank of Philadelphia President Patrick Harker stated that barring a black swan event, inflation is expected to march down to 2% in the next couple of years.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 5:19 pm