Streetbeat News

Regulatory

GOOG

GOOGL

Waymo's self-driving taxis, a subsidiary of Alphabet Inc., disrupted Vice President Kamala Harris' motorcade in San Francisco. The incident highlights ongoing challenges with autonomous vehicles, despite Waymo's rapid expansion and technological advancements.

Portfolio Pulse from Benzinga Neuro

September 30, 2024 | 10:03 am

OGN

Shanghai Henlius Biotech and Organon announced that their Phase 3 trial for the Perjeta biosimilar HLX11 met its primary endpoint. Organon holds global commercialization rights for HLX11, excluding China.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 10:02 am

BTCUSD

Zhu Guangyao, China's former Vice Minister of Finance, has urged the Chinese government to study cryptocurrencies, highlighting their importance in the digital economy. Despite China's 2017 ban, the country still controls a significant portion of the global Bitcoin hash rate. This call comes amid changing international dynamics, including the U.S.'s increasing focus on cryptocurrencies.

Portfolio Pulse from Aniket Verma

September 30, 2024 | 9:47 am

EWU

VOD

Vodafone and Three have published their response to the UK's CMA regarding their proposed merger, emphasizing its pro-competitive nature and potential for significant network investment. They remain confident in resolving outstanding issues with the CMA.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 9:34 am

YJ

Yunji Inc. has regained compliance with Nasdaq's minimum bid price requirement, ensuring its continued listing on the Nasdaq Capital Market. The company's stock price met the $1.00 minimum for 10 consecutive days, closing the compliance issue.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 9:02 am

SPY

The U.S. market has surged following a Federal Reserve rate cut, with the S&P 500 and Dow Jones Industrial Average reaching new highs. However, a chartist warns of a potential sell-off due to a divergence between the Dow Industrials and Dow Transportation averages, a classic sell signal. Additionally, a looming dock workers' strike could disrupt supply chains and impact the economy.

Portfolio Pulse from Shanthi Rexaline

September 30, 2024 | 8:22 am

GOOG

GOOGL

YouTube, owned by Alphabet Inc., has blocked access to songs by artists like Adele and Bob Dylan in the U.S. due to a legal dispute with SESAC over music licensing. The platform is in negotiations to renew the agreement.

Portfolio Pulse from Ananya Gairola

September 30, 2024 | 7:30 am

BBIO

BridgeBio Pharma's drug acoramidis shows a 42% reduction in mortality and heart hospitalizations in a Phase 3 study for ATTR-CM. The company has submitted a New Drug Application to the FDA, with a decision expected by November 2024.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 7:23 am

MDT

Medtronic's PulseSelect PFA System shows a 98% success rate in treating atrial fibrillation, with high lesion durability. The study results were presented at the APHRS meeting, highlighting the system's effectiveness and global expansion.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 7:20 am

ALNY

Alnylam Pharmaceuticals presented new data from the HELIOS-B Phase 3 study of vutrisiran, showing its potential as a first-line therapy for ATTR amyloidosis with cardiomyopathy. The data demonstrated significant improvements in cardiac biomarkers and echocardiographic parameters, indicating a disease-modifying effect. Alnylam plans to complete global regulatory submissions by the end of the year.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 7:05 am