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IRBT

iRobot Corporation shares are trading lower after a report indicated that EU antitrust regulators may open an investigation into Amazon's proposed deal with the company.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 3:10 pm

SPY

Federal Reserve Chairman Jerome Powell stated that restoring price stability might lead to increased unemployment, as he cannot guarantee that both objectives can be achieved simultaneously.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 3:10 pm

IVVD

Invivyd Inc announces initial data from its Phase 1 clinical trial of VYD222, an investigational monoclonal antibody for COVID-19 prevention. The single administration of VYD222 was well-tolerated, with promising results against the Omicron variant. The company aims to prevent symptomatic COVID-19 in vulnerable populations.

Portfolio Pulse from Vandana Singh

June 22, 2023 | 3:07 pm

SPY

Fed Chair Powell stated that the Federal Reserve sees more rate hikes coming, but with more data. He emphasized that they are close to the destination on rates and it makes sense to move at a careful pace, not wanting to overdo it.

Portfolio Pulse from Happy Mohamed

June 22, 2023 | 3:05 pm

AMZN

Amazon shares are trading higher following bullish commentary from Loop Capital. The EU is also set to open a probe into Amazon's iRobot deal.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 3:05 pm

ROIV

Roivant Sciences Ltd (NASDAQ:ROIV) reported positive results from the TUSCANY-2 Phase 2b study of RVT-3101 in adult patients with moderate to severe ulcerative colitis. The data showed sustained efficacy across a broad dose range measured at 56 weeks, with no impact of immunogenicity on clinical efficacy or safety results. ROIV shares are up 13.00% at $10.76.

Portfolio Pulse from Vandana Singh

June 22, 2023 | 3:04 pm

SPY

UNG

USA gasoline inventories reported a build of 0.479 million, lower than the estimated 1.091 million and the prior build of 2.108 million.

Portfolio Pulse from Happy Mohamed

June 22, 2023 | 3:04 pm

ADC

AES

CE

DMAC

DOW

GRAB

K

XP

Benzinga has released its top ratings upgrades and downgrades for June 22, 2023, including several companies such as DiaMedica Therapeutics, Kellogg, Agree Realty, Grab Holdings, XP Inc, Dow Inc, AES Corp, Celanese Corp, and more. The list also includes initiations of coverage for companies like Iridium Communications, Everest Re Group, Zura Bio, Humacyte, FingerMotion, Outbrain, Taboola.com, Terns Pharmaceuticals, and others.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 3:02 pm

SPY

UNG

USO

The EIA reported a weekly distillates stocks build of 0.433 million barrels, compared to an estimated draw of 0.001 million barrels and a build of 2.123 million barrels estimated.

Portfolio Pulse from Happy Mohamed

June 22, 2023 | 3:02 pm

SPY

USO

USA crude oil inventories report a draw of 3.831 million barrels, compared to an estimated build of 1.873 million barrels and a prior build of 7.919 million barrels.

Portfolio Pulse from Happy Mohamed

June 22, 2023 | 3:02 pm