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COHR

Coherent announced the launch of its high-power uncooled G10 pump laser modules designed for submarine and terrestrial applications, marking a significant advancement in laser technology.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 11:33 am

TSLA

The resale market for Tesla Inc.'s Cybertruck is facing a downturn, with resale values plummeting from their peak. Prices have dropped significantly, with recent sales figures showing a decline from previous highs. Tesla's production ramp-up and a resale prohibition clause in their agreement, which restricts reselling within a year, are notable factors. Tesla aims to deliver 250,000 Cybertrucks annually by 2025, despite current market challenges.

Portfolio Pulse from Anan Ashraf

March 22, 2024 | 11:25 am

EH

EHang Holdings Limited (EH) has launched Japan's first Urban Air Mobility Center in Tsukuba City, Ibaraki Prefecture. This facility will serve as a demonstration site, infrastructure, and maintenance base for EHang's pilotless eVTOL aircraft, marking a significant milestone in Japan's air mobility industry.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 11:23 am

NVS

VGK

On 21 March 2024, the CHMP recommended granting marketing authorization for Novartis' Fabhalta1, aimed at treating Paroxysmal Nocturnal Haemoglobinuria.

Portfolio Pulse from Charles Gross

March 22, 2024 | 11:15 am

NVO

VGK

On 21 March 2024, the Committee for Medicinal Products for Human Use (CHMP) adopted a positive opinion, recommending the granting of a marketing authorization for Novo Nordisk's Awiqli, intended for the treatment of diabetes mellitus. This recommendation is a crucial step towards the commercial availability of Awiqli in the European market.

Portfolio Pulse from Charles Gross

March 22, 2024 | 11:13 am

OKYO

OKYO Pharma's shares surged following the announcement that its OK-101 drug achieved statistical significance in treating multiple signs and symptoms of dry eye disease during its Phase 2 trial.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 11:12 am

AAPL

Apple Inc. (NASDAQ:AAPL) has filed a patent for an all-glass MacBook Pro, potentially featuring a touchscreen. The patent suggests the use of glass for the MacBook Pro's back and possibly for the front and back surfaces of the display, with a metal housing for the sides. This development is part of Apple's exploration into innovative display technologies, including touchscreens for MacBook computers and foldable screens for iPads or MacBooks.

Portfolio Pulse from Ananya Gairola

March 22, 2024 | 11:10 am

PFE

Pfizer Inc. (NYSE:PFE) received a positive opinion from the CHMP of the EMA for its novel antibiotic combination, EMBLAVEO®. This recommendation is for the treatment of adult patients with multidrug-resistant infections, including cIAI, HAP, VAP, and cUTI, with limited treatment options. The MAA for EMBLAVEO® underwent an accelerated assessment due to its significance for public health and therapeutic innovation.

Portfolio Pulse from Charles Gross

March 22, 2024 | 11:09 am

TECH

Bio-Techne has been granted European IVDR certification for its diagnostic test designed to monitor Chronic Myeloid Leukemia. This certification allows the company to market and sell the test in European markets, potentially expanding its customer base and increasing revenue from its diagnostic products segment.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 11:07 am

GNS

Genius Group Limited (NYSE:GNS) shares fell 10.9% in premarket trading after the company updated its FY24 guidance, raising revenue outlook to $105 million - $110 million and adjusted EBITDA to $6.0 million - $7.0 million. The update reflects expansion and an accelerated go-to-market strategy, with a focus on AI education through the Genius City Model.

Portfolio Pulse from Lekha Gupta

March 22, 2024 | 11:04 am