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META

Instagram's head, Adam Mosseri, has acknowledged a trend where teenagers use private Instagram accounts to plan parties, hinting at the event's date in the bio. These 'party accounts' are set to private and share the party's address shortly before it starts. This trend, which began in Los Angeles, has spread nationwide. The practice is also occurring on WhatsApp, another app owned by Meta Platforms Inc. (NASDAQ:META). Users see this as a potential area for Instagram to develop an official feature for event coordination, which could benefit individuals and businesses.

Portfolio Pulse from Rounak Jain

January 05, 2024 | 11:55 am

PHVS

Pharvaris has provided a business update and outlined its strategic priorities for 2024. The company plans to initiate the RAPIDe-3 Phase 3 study of Deucrictibant, a treatment for on-demand hereditary angioedema, within the first half of 2024.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 11:54 am

MDT

Medtronic plc (NYSE:MDT) has received the CE Mark for its next-generation Micra AV2 and Micra VR2 leadless pacemakers. These devices are the smallest in the world, offer longer battery life, and are easier to program compared to previous models. The leadless design is associated with fewer complications than traditional pacemakers.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 11:47 am

NIO

XPEV

Brian Gu, Vice Chairman and Co-president of XPeng Inc., has high hopes for the X9 model, calling it a 'game-changer' for the EV industry. The X9, a seven-seater EV, launched on Jan. 1 in China, is priced between $50,360 and $58,760. XPeng's November 2023 deliveries hit a record of 20,041 vehicles, a 245% increase YoY. However, XPeng's stock suffered when Alibaba announced a sell-off of its shares. XPeng competes with other Chinese EV makers like Nio, Huawei, and Zeekr, and plans to introduce driver-assist technology in China and Europe by 2024.

Portfolio Pulse from Benzinga Neuro

January 05, 2024 | 11:36 am

AZN

Omniose, a preclinical biotechnology company, has entered into an exclusive collaboration with AstraZeneca to research potential vaccines for serious bacterial diseases. This partnership will focus on bacterial pathogens in AstraZeneca's early Vaccines & Immune Therapies pipeline.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 11:24 am

AAPL

Design mockups of Apple Inc.'s (NASDAQ:AAPL) iPhone 16 Pro and iPhone 16 Pro Max have surfaced online, suggesting an iterative design with a titanium look, subtly curved edges, a new capacitive 'Capture' button, and a Tetraprism camera. The iPhone 16 Pro is expected to have a 6.3-inch display, and the iPhone 16 Pro Max a 6.9-inch display. Despite performance upgrades, Apple's market share in the premium smartphone segment dropped to 71% in 2023 from 75% in 2022. The new iPhones are anticipated to launch in September or October.

Portfolio Pulse from Rounak Jain

January 05, 2024 | 11:18 am

AAPL

BB

GOOG

GOOGL

MSFT

Google, a subsidiary of Alphabet Inc., launched its first smartphone, the Nexus One, 13 years ago. The Nexus brand has since been replaced by the Pixel line. Google's stock has increased by 803% since the Nexus One's launch, outperforming both the Nasdaq and S&P 500 indices. Google is now focusing on AI, with its latest initiative being the Gemini model, which outperforms OpenAI's ChatGPT-4 in benchmarks, and the upcoming paid version of the Google Bard chatbot.

Portfolio Pulse from Rounak Jain

January 05, 2024 | 11:17 am

JKS

JinkoSolar, a leading solar module manufacturer, has announced the promotion of technology innovation through a TOPCon patent license transaction. The company's focus on advancing its technology through this transaction highlights its commitment to maintaining a competitive edge in the solar industry. This move could potentially enhance JinkoSolar's product offerings and market position.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 11:10 am

TPB

Turning Point Brands Canada has been named the exclusive master distributor for VPR Brands' HoneyStick products in Canada. This agreement will likely expand the market presence of HoneyStick, a line of premium vaporizers, in the Canadian market.

Portfolio Pulse from Charles Gross

January 05, 2024 | 11:04 am

NFLX

The Wall Street Journal has reported that Netflix is exploring methods to monetize its gaming segment. This move is part of the company's efforts to create new revenue streams as it seeks to expand beyond its traditional streaming business. The company is considering various strategies to generate income from games, although specific approaches have not been detailed in the report.

Portfolio Pulse from Charles Gross

January 05, 2024 | 10:32 am