Streetbeat News

Regulatory

JNJ

Johnson & Johnson's (JNJ) TREMFYA showed sustained improvements across all minimal disease activity domains for adults with active psoriatic arthritis in a Phase 3b trial.

Portfolio Pulse from Happy Mohamed

May 31, 2023 | 1:42 pm

SPY

U.S. Secretary of State Blinken announced that the U.S. and EU had an intense and productive discussion on artificial intelligence, according to Reuters.

Portfolio Pulse from Happy Mohamed

May 31, 2023 | 1:37 pm

DLO

MuddyWatersResearch tweeted that dLocal ($DLO) issued a press release denying being investigated by Argentina for illegal FX movements. However, co-founder Sergio F clarified to Reuters that there is an 'information request' with a 6/6 deadline.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 1:35 pm

SPY

House Minority Leader Hakeem Jeffries expects McCarthy to deliver 150 GOP votes for the debt limit bill, according to a tweet by Max Cohen.

Portfolio Pulse from Happy Mohamed

May 31, 2023 | 1:19 pm

UVXY

The CBOE Volatility Index (VIX) printed a doji candlestick on Tuesday ahead of a key congressional vote on the debt ceiling deal. This could indicate a change in direction for the index, which is tracked by the ProShares Ultra VIX Short Term Futures ETF (UVXY). The VIX has resistance at 17.71 and 19.43, and support at 15.68 and 14.10.

Portfolio Pulse from Melanie Schaffer

May 31, 2023 | 1:12 pm

AAL

BP

BRTX

CRM

SOFI

American Airlines raises Q2 guidance, BioRestorative Therapies gets a license from NY Health Department, BP shares fall due to oil price drop, Salesforce to report Q1 earnings, and SoFi Technologies gains on US debt limit bill progress.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 1:02 pm

OMF

The Consumer Financial Protection Bureau (CFPB) has accused OneMain Financial (OMF) of pushing employees to hit sales targets and illegally withholding refunds. The CFPB is seeking penalties and restitution for affected customers.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 12:56 pm

TENX

Tenax Therapeutics has been granted a Notice of Allowance for a U.S. patent titled 'Levosimendan for Treating Pulmonary Hypertension with Heart Failure with Preserved Ejection Fraction (PH-HFpEF).'

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 12:55 pm

SPY

Federal Reserve Governor Michelle Bowman stated that the pandemic-related surge in homebuilding and renovation has moderated, but it is crucial to understand the long-term impact on family formation and housing demand.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 12:53 pm

SPY

Fed's Bowman states that residential real estate is rebounding, which has implications for the US Central Bank's inflation battle. Lowered rents will eventually be reflected in inflation data, while home prices are leveling out.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 12:52 pm