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TSLA

Tesla's Chief Designer, Franz von Holzhausen, and his team provided demo drives of the company's full self-driving (FSD) features at the Marina Del Rey delivery center, following CEO Elon Musk's directive to showcase the driver-assist features to customers. This initiative, including free FSD trials for U.S. Tesla owners who hadn't purchased it, aims to increase adoption of the software, which is expected to achieve full autonomy in the near future.

Portfolio Pulse from Anan Ashraf

April 01, 2024 | 11:07 am

VTRS

Viatris has launched Ryzumvi, the only FDA-approved eye drop in the U.S. for reversing pharmacologically-induced mydriasis (eye dilation). This marks a significant milestone as Ryzumvi becomes the sole product available commercially for this purpose.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 11:00 am

XPEV

XPeng Inc (NYSE:XPEV) shares are up in Monday's premarket session following a report of significant sales growth. In March 2024, XPeng delivered 9,026 Smart EVs, marking a 99% increase over the previous month and a 29% year-over-year increase. The XPENG X9 remained the top-selling all-electric MPV in China. For Q1 2024, the company delivered 21,821 Smart EVs, a 20% increase from the previous year. XPeng also announced strategic partnerships in Thailand, Singapore, and Malaysia, and entered the German market with two Smart EV models. These moves are part of XPeng's plan to expand globally.

Portfolio Pulse from Shivani Kumaresan

April 01, 2024 | 10:45 am

GROY

IAG

Gold Royalty announced that IAMGOLD has completed its first gold pour at the Côté Gold Mine in Ontario. Gold Royalty holds a 0.75% net smelter return royalty over the southern portion of the mine, which is included in Phase 1 of the mine plan.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 10:41 am

INCY

China Medical System Holdings Limited announced a collaboration and license agreement with Incyte for the JAK1 inhibitor povorcitinib, targeting treatments for non-segmental vitiligo, hidradenitis suppurativa, prurigo nodularis, asthma, and chronic spontaneous urticaria.

Portfolio Pulse from Charles Gross

April 01, 2024 | 10:40 am

XTKG

X3 Holdings Co., Ltd. (NASDAQ:XTKG) announced a strategic partnership with a leading semiconductor substrate provider to develop digital solutions aimed at enhancing the semiconductor industry's supply chain. This collaboration is expected to expand operations across Asia and North America, although financial terms were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 10:37 am

NVS

Genscript Biotech has entered into a Master Manufacturing and Supply Services Agreement with Novartis. This partnership is aimed at leveraging Genscript Biotech's capabilities to manufacture and supply products and services for Novartis.

Portfolio Pulse from Charles Gross

April 01, 2024 | 10:36 am

LI

Li Auto Inc (NASDAQ:LI) shares surged after reporting a 39.2% year-over-year increase in March 2024 vehicle deliveries, totaling 28,984 units. This boost contributed to a 52.9% rise in first-quarter deliveries to 80,400, surpassing the company's revised forecast of 76,000-78,000 vehicles. Li Auto has now delivered over 700,000 vehicles cumulatively, marking a significant milestone for the Chinese new energy automaker. The company's expansive retail and service network supports its growth.

Portfolio Pulse from Shivani Kumaresan

April 01, 2024 | 10:31 am

GUTS

Fractyl Health's stock price increased following the FDA's IDE approval for its Revita Remain-1 study, aimed at treating obesity in patients who have stopped responding to GLP-1 based drugs.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 10:15 am

JG

Aurora Mobile has announced a partnership with Moonshot AI to provide messaging and verification services for Moonshot AI's smart assistant app, Kimi. This collaboration aims to enhance the user experience and functionality of the Kimi app by leveraging Aurora Mobile's advanced messaging and verification capabilities.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 10:11 am