Streetbeat News

Regulatory

T

The California Public Utilities Commission has rejected AT&T's request to withdraw as a telecommunications carrier for 580,000 households in the state.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 8:50 pm

JNJ

Johnson & Johnson has submitted an application to the FDA for the approval of TREMFYA for the treatment of moderately to severely active Crohn's disease. The submission is backed by 48-week results from the Phase 3 GALAXI and GRAVITI programs, showing strong endoscopic outcomes with both subcutaneous and intravenous induction therapies.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 8:30 pm

ASNS

Actelis Networks has regained compliance with Nasdaq's minimum bid price requirement, ensuring its continued listing on the exchange.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 8:30 pm

SPY

Federal Reserve's Goolsbee stated that the Fed does not need annual inflation to hit 2% before considering a rate cut, although the 2% inflation target remains a 'sacred vow'.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 8:29 pm

SPY

Chicago Fed President Austan Goolsbee indicated in a Fox News interview that more positive inflation reports could lead to rate cuts. This statement suggests potential easing of monetary policy if inflation continues to show favorable trends.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 8:27 pm

INVO

Invo Bioscience announced that on June 18, 2024, it received a notice from Nasdaq granting its request for continued listing on the exchange.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 8:23 pm

SPY

Richmond Fed President Thomas Barkin stated that the impact of the Federal Reserve's rate increases will be felt over time. He made these comments during an event in Richmond.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 8:23 pm

SPY

U.S. Treasury Secretary Janet Yellen stated that President Biden would protect tax benefits for families earning $400,000 or less. This announcement could have implications for consumer spending and overall economic sentiment.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 8:19 pm

DWAC

Trump Media & Technology Group (TMTG) has sent a fourth congressional letter following previously disclosed letters, as per a recent SEC filing.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 8:16 pm

BNB

BTCUSD

MSTR

Cryptocurrency markets are trading mostly flat with notable discussions around the DJT meme coin. Bitcoin's exchange netflows increased by 432.2%, and long-term Bitcoin whales sold $1.2 billion worth of BTC over the past two weeks. Binance was fined $2.25M by India's Financial Intelligence Unit for anti-money laundering violations. MicroStrategy purchased $786M worth of Bitcoin.

Portfolio Pulse from Khyathi Dalal

June 20, 2024 | 8:15 pm