Streetbeat News

Regulatory

SPY

Republican negotiator Graves stated that until the White House understands the spending crisis, progress cannot be made. Border discussions have been part of the debt ceiling conversation, and negotiators will meet again.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 2:13 pm

GRCY

Greencity Acquisition Corporation (GRCY) has received a notice from Nasdaq regarding the determination of delisting due to non-compliance with listing requirements.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 2:13 pm

BPMC

Blueprint Medicines published results from its registrational PIONEER trial in the New England Journal of Medicine, showcasing the effectiveness of its drug avapritinib in treating systemic mastocytosis.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 2:11 pm

SPY

U.S. Republican Representative McHenry stated that the White House believes they can still spend more money next year, potentially impacting the stock market.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 2:08 pm

SPY

Republican negotiator Graves expressed concerns over the progress of debt ceiling talks, potentially impacting the market and ETFs like SPY.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 2:08 pm

AAPL

AMZN

GOOGL

META

The Alliance for Open Media (AOM) has avoided a potential fine as the EU antitrust inquiry into its video licensing policies concludes. AOM's members include Alphabet, Amazon, Apple, and Meta Platforms.

Portfolio Pulse from Akanksha Bakshi

May 23, 2023 | 1:38 pm

AAPL

META

NVDA

SPY

TSLA

Market Clubhouse Morning Memo discusses trade strategies for SPY, TSLA, AAPL, META, and NVDA. Jerome Powell's speech today at 12:30PM EST is expected to bring volatility to the markets. Traders should monitor these stocks and be prepared to leverage potential breakouts or reversals.

Portfolio Pulse from RIPS

May 23, 2023 | 1:34 pm

FXI

SPY

China's Ministry of Commerce has expressed strong opposition to the U.S. and Taiwan trade agreement, potentially escalating tensions between the countries.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 1:33 pm

IART

Integra LifeSciences Holdings Corp (IART) has initiated a voluntary global recall of products manufactured in its Boston facility, resulting in an anticipated impairment charge of $22 million for Q2. The company now expects Q2 revenue to be between $372 million and $376 million, and adjusted earnings to be between 55 cents and 59 cents per share.

Portfolio Pulse from Adam Eckert

May 23, 2023 | 1:28 pm

SPY

The US Treasury is asking federal agencies if payments can be made later as funds run short due to the debt ceiling, according to a Washington Post report. This could potentially impact the US economy and stock market.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 1:21 pm