Streetbeat News

Regulatory

RHHBY

Roche's Genentech has halted the SKYSCRAPER-06 trial after the combination of tiragolumab, Tecentriq, and chemotherapy showed reduced efficacy compared to the comparator arm. The trial did not meet the primary endpoints of progression-free survival and overall survival.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:01 pm

SU

Suncor Energy Inc. (NYSE: SU) has temporarily shut down its Firebag oil sands site in northern Alberta due to wildfire risks. The company has reduced production and retained only essential personnel at the facility. Despite the shutdown, there is no risk to other operations or the Firebag airport. The Alberta government recently fined Suncor's majority-owned Syncrude Canada for a safety violation.

Portfolio Pulse from Lekha Gupta

July 05, 2024 | 3:01 pm

AAPL

VGK

Epic Games announced that, barring further roadblocks from Apple, they are ready to launch the Epic Games Store and Fortnite on iOS in the EU within the next couple of months.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:01 pm

DIS

NFLX

Netflix and Disney, along with other U.S. streaming companies, are challenging a Canadian regulation that mandates a 5% sales contribution to local content. The companies argue that the regulation exceeds the CRTC's authority and could lead to higher subscription prices or reduced operations in Canada.

Portfolio Pulse from Shivani Kumaresan

July 05, 2024 | 3:01 pm

BTCUSD

Renowned economist Peter Schiff has forecasted a prolonged bear market for Bitcoin, predicting further declines. Schiff's comments come amid a significant drop in Bitcoin's price, influenced by fears of coin sales by Mt.Gox and government actions. He also warned that over 70% of Bitcoin ETF buyers would incur losses at current price levels.

Portfolio Pulse from Aniket Verma

July 05, 2024 | 3:01 pm

SPY

NY Fed's Williams stated that there is still progress needed to reach the 2% inflation target on a sustained basis, although significant progress has been made in bringing inflation back toward the Fed's target rate.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:01 pm

AAPL

Epic Games has announced that Apple has rejected their Epic Games Store notarization submission twice, citing that the design and position of Epic's 'install' button is too similar to Apple's 'Get' button.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:01 pm

IONM

Assure Holdings announced an 18-to-1 reverse stock split effective July 9, 2024, to maintain NASDAQ compliance and make its bid price more attractive to investors.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:01 pm

TBLT

ToughBuilt Industries has received a Nasdaq Staff Determination Letter and has requested a hearing to address potential delisting issues.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:01 pm

CALT

VTRS

Calliditas Therapeutics and Viatris have initiated a Phase III clinical trial of Nefecon for IgA Nephropathy in Japan. The trial is a bridging study similar to the global NefIgArd trial, targeting an estimated 33,000 patients in Japan with limited treatment options.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:00 pm