Streetbeat News

Regulatory

PFE

Pfizer announced positive results from its Phase 3 BASIS clinical trial for marstacimab, a treatment for hemophilia A and B. The study demonstrated a statistically significant reduction in annualized bleeding rate compared to prophylaxis and on-demand intravenous regimens.

Portfolio Pulse from Charles Gross

May 30, 2023 | 10:48 am

SPY

VGK

Russian Defense Minister announced that supplies of equipment and weapons to Ukraine are being increased, and Moscow is monitoring the volume and routes of these supplies. Russia will strike if detected, according to Reuters citing Interfax.

Portfolio Pulse from Charles Gross

May 30, 2023 | 10:25 am

FXI

TSLA

China's Foreign Minister Qin Gang met with Tesla CEO Elon Musk in Beijing, according to Reuters citing the Foreign Ministry.

Portfolio Pulse from Charles Gross

May 30, 2023 | 10:16 am

VCNX

Vaccinex and H. Lee Moffitt Cancer Center and Research Institute have been granted U.S. Patent #11660330 for combination therapy with semaphorin-4D blockade (SEMA4D) and DC1 therapy. This patent could potentially lead to advancements in cancer treatment.

Portfolio Pulse from Charles Gross

May 30, 2023 | 10:13 am

IMRN

Immuron has received approval from the U.S. Army Medical Research and Development Command to proceed with its planned clinical trial in the United States and has begun recruitment for the Travelan study.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 10:06 am

TSLA

Tesla has been granted two U.S. patents, one for seatbelt usage detection and another for a QoS manager for system on a chip communications.

Portfolio Pulse from Charles Gross

May 30, 2023 | 9:58 am

INTC

SSNLF

Samsung and other foreign companies are urging Vietnam to introduce reforms to compensate them for higher levies they face starting next year.

Portfolio Pulse from Charles Gross

May 30, 2023 | 9:05 am

GOOG

GOOGL

MSFT

A lawyer's use of OpenAI's chatGPT for legal assistance backfired as the AI chatbot fabricated nonexistent cases, causing legal chaos. The incident highlights the potential dangers of relying on AI chatbots like chatGPT, Microsoft's Bing AI, and Alphabet's Google Bard in sensitive fields like law.

Portfolio Pulse from Ananya Gairola

May 30, 2023 | 7:52 am

RIOT

President Joe Biden and House Speaker Kevin McCarthy reached an agreement on the U.S. debt ceiling, which blocked several proposed taxes, including the 30% Digital Asset Mining Energy (DAME) excise tax on cryptocurrency mining firms. The exclusion of the DAME tax from the deal is seen as a win for those opposing the Biden Administration's proposed tax hikes.

Portfolio Pulse from Mehab Qureshi

May 30, 2023 | 4:34 am

GOOG

META

MSFT

TWTR

Twitter faces a potential ban in Europe as France's digital minister, Jean-Noel Barrot, warns the platform to comply with rules regarding disinformation. Twitter recently withdrew from a voluntary rulebook designed to aid compliance with the forthcoming Digital Services Act.

Portfolio Pulse from Ananya Gairola

May 30, 2023 | 4:17 am