Streetbeat News

Regulatory

FSRNQ

The National Highway Traffic Safety Administration (NHTSA) has closed its preliminary investigation into Fisker Inc. regarding complaints about its Ocean SUV rolling away unexpectedly. The investigation was initiated in February after four complaints, including one injury, were reported.

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December 09, 2024 | 8:00 pm

CUBI

Customers Bancorp Inc is facing a class action lawsuit for alleged violations of securities regulations. The Schall Law Firm is urging affected investors to contact them before January 31, 2025.

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December 09, 2024 | 7:45 pm

SNY

Sarclisa-based combinations have shown significant benefits in newly diagnosed multiple myeloma patients, according to new analyses from the IMROZ and GMMG-HD7 phase 3 studies. These findings were presented at the 66th American Society of Hematology Annual Meeting.

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December 09, 2024 | 7:30 pm

NVDA

NVIDIA's stock price fell following news of a Chinese investigation into potential anti-monopoly law violations. This could affect NVIDIA's business, as China represents 15% of its annual revenue.

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December 09, 2024 | 7:15 pm

NVDA

Nvidia provides insights into the ongoing U.S.-China trade tensions, suggesting that markets may be underestimating the impact of Biden's export restrictions and Trump's tariff threats.

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December 09, 2024 | 7:00 pm

CUBI

Customers Bancorp is facing a securities class action lawsuit for allegedly misleading investors about its anti-money laundering practices and compliance with federal regulations.

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December 09, 2024 | 6:45 pm

HUMA

Humacyte is facing a class action lawsuit for allegedly misleading investors about its product status and regulatory compliance, following FDA violations.

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December 09, 2024 | 6:45 pm

NVO

Novo Nordisk is progressing towards resolving its Wegovy supply issue as the European Commission stated that the proposed buyout of Catalent does not raise competition concerns.

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December 09, 2024 | 6:00 pm

META

META's stock has increased significantly due to strong ad revenue, AI investments, and potential benefits from a TikTok ban. Despite high P/E ratios, META's financial strength supports growth, though challenges like Reality Labs' losses and regulatory risks remain.

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December 09, 2024 | 6:00 pm