Streetbeat News

Regulatory

TGTX

TG Therapeutics has received European Commission approval for Briumvi, a treatment for relapsing forms of multiple sclerosis in adults. This approval could potentially expand the market for the drug.

Portfolio Pulse from Happy Mohamed

May 31, 2023 | 3:57 pm

DIA

IWM

QQQ

SPY

Major indices are trading lower ahead of the US debt ceiling bill vote, with a pullback in tech stocks and weak Chinese economic data contributing to the market decline.

Portfolio Pulse from Bill Haddad

May 31, 2023 | 3:57 pm

ACRHF

CURLF

GTBIF

VRNOF

New Hampshire lawmakers will consider marijuana legalization later this year, with a proposal for state Liquor Commission-operated adult-use marijuana shops. In Arizona, marijuana convictions are now eligible for expungement under Proposition 207. Connecticut's recreational marijuana industry faces potential domination by multi-state cannabis operators like Acreage Holdings, Curaleaf Holdings, Green Thumb Industries, and Verano Holdings.

Portfolio Pulse from Jelena Martinovic

May 31, 2023 | 3:54 pm

FXI

NVDA

Nvidia's CEO Jensen Huang plans to visit China in June to meet with executives despite ongoing U.S. restrictions. The company remains interested in the large Chinese market.

Portfolio Pulse from Happy Mohamed

May 31, 2023 | 3:51 pm

SPY

TUR

VGK

The UN has proposed that Ukraine, Russia, and Turkey begin preparatory work for Russian ammonia to transit Ukraine. Talks should also be held on expanding the Black Sea grain deal to include more ports and cargoes. Ukraine and Turkey have accepted the proposal, while Russia has yet to respond.

Portfolio Pulse from Happy Mohamed

May 31, 2023 | 3:50 pm

PIRS

Pieris Pharmaceuticals has been granted EU Patent #3322433 for novel proteins specific for LAG-3, which can potentially enhance anti-tumor response for cancer treatment.

Portfolio Pulse from Happy Mohamed

May 31, 2023 | 3:48 pm

F

GM

HMC

STLA

TM

TSLA

The U.S. National Highway Traffic Safety Administration (NHTSA) has proposed requiring new vehicles to have automatic emergency braking systems and set performance standards for these systems.

Portfolio Pulse from Happy Mohamed

May 31, 2023 | 3:39 pm

SPY

U.S. House Democratic Leader Jeffries announced his support for the debt ceiling bill, potentially easing concerns over a government default.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 3:20 pm

TCNNF

The Georgia Board of Pharmacy is discussing proposals to allow independent pharmacies to sell medical cannabis products, excluding chains like CVS or Walgreens. The state's two licensed producers, Botanical Sciences LLC and Trulieve Cannabis Corp. (OTCQX:TCNNF), would supply the products.

Portfolio Pulse from Jelena Martinovic

May 31, 2023 | 3:20 pm

NIO

NIO Inc's stock is trading lower by 2.02% due to concerns over China's economic recovery and a potential COVID wave. The manufacturing PMI dropped to 48.8, indicating a contraction, and COVID infections could reach 65 million cases per week by the end of June.

Portfolio Pulse from Henry Khederian

May 31, 2023 | 3:14 pm