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MESO

Mesoblast has been informed by the U.S. FDA that the clinical data from its Phase 3 trial seems adequate to support a Biologics License Application (BLA) submission for Remestemcel-L in treating children with Steroid-Refractory Acute Graft Versus Host Disease (SR-aGVHD).

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 5:48 am

DOGE-USD

Timothy Stebbing, a lead developer at the Dogecoin Foundation, is exploring the use of RadioDoge to provide financial services to unbanked regions in East Africa. Stebbing's initiative aims to leverage Dogecoin for real-world transactions, especially in areas lacking internet access, by using radio technology and SpaceX's Starlink network. Despite facing challenges like network congestion, efforts are ongoing to enhance Dogecoin's utility and stability.

Portfolio Pulse from Benzinga Neuro

March 26, 2024 | 4:22 am

TSLA

Elon Musk announced a one-month free trial of the Full Self-Driving (FSD) feature for all eligible U.S. Tesla vehicles. This initiative aims to increase adoption and showcase the FSD system's capabilities, despite potential impacts on delivery timelines and amidst controversies surrounding the feature.

Portfolio Pulse from Benzinga Neuro

March 26, 2024 | 3:48 am

META

Meta Platforms Inc. CEO Mark Zuckerberg has purchased a $300 million diesel-powered mega-yacht named 'Launchpad', despite his public advocacy for climate change. The yacht, built by Feadship and designed by Espen Øino International, is equipped with 4 MTU engines and ranks as the 45th largest mega-yacht globally. This acquisition has sparked criticism due to the contrast between Zuckerberg's climate change advocacy and his personal carbon footprint, which also includes a Gulfstream G650 private jet.

Portfolio Pulse from Benzinga Neuro

March 26, 2024 | 3:33 am

AAPL

BIDU

Apple Inc. CEO Tim Cook announced at a conference in China that artificial intelligence is playing a crucial role in the company's recycling processes, aiding its goal to achieve carbon neutrality by 2030. Cook's visit to China, amid declining sales and iPhone revenue in the region, signifies Apple's commitment to the Chinese market. Additionally, Apple is exploring an AI collaboration with Baidu Inc. and has opened a new store in Shanghai.

Portfolio Pulse from Ananya Gairola

March 26, 2024 | 2:33 am

DWAC

GME

MSTR

RDDT

TSLA

On Monday, the Dow Jones, S&P 500, and Nasdaq all experienced declines. Digital World Acquisition Corporation (DWAC) saw a significant surge of 35.22% after its merger with Trump Media & Technology Group was approved. Reddit Inc. (RDDT) also rose by 30.00% following its recent IPO. GameStop Corporation (GME) increased by 15.42% ahead of its fourth-quarter financial results. MicroStrategy Inc. (MSTR) shares went up by 21.86%, influenced by the rise in Bitcoin's price. Tesla Inc. (TSLA) saw a modest increase of 1.05% despite disappointing fourth-quarter earnings.

Portfolio Pulse from Benzinga Neuro

March 26, 2024 | 2:26 am

MSFT

Microsoft Corporation (NASDAQ:MSFT) has appointed Pavan Davuluri as the new head of its Windows and Surface division, following the departure of Panos Panay to Amazon.com, Inc. last year. Davuluri, with over 23 years at Microsoft, previously led the Surface silicon and devices division. This reorganization aims to unify the Windows and devices teams to foster a holistic approach towards building systems and devices for the AI era. Mikhail Parakhin, who temporarily led the division, is exploring new opportunities.

Portfolio Pulse from Ananya Gairola

March 26, 2024 | 1:21 am

DIS

A 'Titanic' movie prop, the 'Rose DeWitt Bukater Hero Floating Wood Panel,' sold for $718,750 at the Treasures From Planet Hollywood auction by Heritage Auction. This auction featured several 'Titanic' artifacts, including a dress worn by Kate Winslet and outfits worn by Leonardo DiCaprio, consigned directly by Twentieth Century Fox, a unit of Walt Disney Co. (NYSE:DIS). The auction's total reached $15.68 million, with 'Titanic' items contributing $1.93 million. This event underscores the high interest and value in modern-movie props and costumes as alternative assets.

Portfolio Pulse from Chris Katje

March 25, 2024 | 11:45 pm

MSFT

Phil Spencer, CEO of Microsoft Gaming, hinted at a potential entry into the handheld gaming market with an official Xbox handheld device. He discussed the importance of seamless integration of games and save files, and a vision for a full-screen Xbox app in a compact mode. The Xbox hardware team is exploring different hardware form factors for future Xbox hardware. Significant advancements in future hardware trajectory were hinted, with new Xbox hardware expected in the fourth quarter, described as 'the largest technical leap in a hardware generation'.

Portfolio Pulse from Franca Quarneti

March 25, 2024 | 11:27 pm

BHP

GLNCY

NGLOY

RIO

Anglo American (OTC:NGLOY) is considered a potential bargain by Barron's due to rising copper prices and a comprehensive portfolio review. Despite underperforming against competitors like BHP Group Ltd (NYSE:BHP), Rio Tinto (NYSE:RIO), and Glencore ADR (OTC:GLNCY) due to operational issues and market slumps in diamonds and platinum-group metals, Anglo American's focus on copper and potential strategic moves, including asset spin-offs or partnerships, could enhance its value. Analysts see the company's copper business and market recoveries as key drivers for improvement, with external factors like China's demand and green energy transitions supporting copper prices.

Portfolio Pulse from Matt Whittaker

March 25, 2024 | 9:55 pm