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SPY

VGK

The Russian Defence Ministry deployed a fighter jet to prevent two U.S. Air Force bombers from violating Russian state borders, according to Reuters citing TASS.

Portfolio Pulse from Happy Mohamed

May 25, 2023 | 4:13 pm

BKNG

EU antitrust regulators are expected to warn Booking Holdings (BKNG) about its proposed acquisition of Etraveli, as it may reduce competition in the online travel agency market.

Portfolio Pulse from Happy Mohamed

May 25, 2023 | 3:58 pm

SPY

The White House and Republican debt limit proposals now differ by less than $70 billion on spending, with negotiators likely to agree on a slimmed-down agreement focused primarily on the top-line number.

Portfolio Pulse from Happy Mohamed

May 25, 2023 | 3:55 pm

SPY

The Treasury Department is preparing a contingency plan to change how the U.S. processes federal agencies' payments if the debt ceiling is breached, a plan initially crafted after the 2011 borrowing-limit standoff.

Portfolio Pulse from Happy Mohamed

May 25, 2023 | 3:49 pm

SPY

U.S. House Speaker McCarthy mentioned that he spoke with Trump about debt talks, but the conversation was brief.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 3:47 pm

SPY

Lawmakers are close to a deal on overhauling the US energy permitting process as part of debt ceiling legislation. The deal would ease the process of building interstate transmission lines for clean electricity, benefiting President Biden's climate agenda. The agreement would also make modest changes to the National Environmental Policy Act to appease Republicans.

Portfolio Pulse from Happy Mohamed

May 25, 2023 | 3:28 pm

PFE

Pfizer's Paxlovid has received FDA approval for use in adult patients at high risk of progression to severe COVID-19. This marks a significant milestone in the fight against the pandemic.

Portfolio Pulse from Happy Mohamed

May 25, 2023 | 3:22 pm

SPY

Federal Reserve Bank of Boston President Eric Rosengren warned that not raising the debt ceiling could be very damaging to the US economy. This could potentially impact the stock market and ETFs like SPY.

Portfolio Pulse from Happy Mohamed

May 25, 2023 | 3:20 pm

FRPT

JANA Partners, which owns 9.3% of Freshpet (NASDAQ: FRPT), has accused the company's board of violating Delaware law and fiduciary duties by making changes to the board's size and composition ahead of the contested 2023 annual meeting. JANA has demanded that the board rectify its corporate governance failures and allow shareholders to participate in a fair election of directors.

Portfolio Pulse from Happy Mohamed

May 25, 2023 | 3:14 pm

SPY

Fed's Collins states that the baseline outlook does not predict a significant economic downturn, but a modest increase in unemployment is possible. Inflation decline has been slower than expected.

Portfolio Pulse from Happy Mohamed

May 25, 2023 | 3:07 pm