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MCD

QSR

WEN

YUM

McDonald's President Chris Kempczinski shared a LinkedIn report discussing the company's innovation and growth strategy, 'Accelerating the Arches', which led to achievements in 2023 such as 150 million active loyalty users and expansion of products like McCrispy and Best Burger. Despite challenges from the war in the Middle East and associated misinformation, McDonald's remains committed to local communities and plans to continue innovating and expanding in 2024.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 5:24 pm

QS

QuantumScape's stock price has increased following positive test results from Volkswagen using QuantumScape's solid-state battery.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 5:21 pm

LLY

NVO

Eli Lilly And Co (NYSE:LLY) has launched a new website, LillyDirect, to facilitate home delivery of weight loss medications, including the FDA-approved Zepbound (tirzepatide) for obesity treatment. The service extends to diabetes and migraine treatments, with medications like Emgality and insulin available for delivery. The company also issued an open letter about the use of its drugs for serious diseases, not cosmetic weight loss. A study showed Eli Lilly's Mounjaro (tirzepatide) was more effective than Novo Nordisk A/S's (NYSE:NVO) Ozempic (semaglutide) for weight loss. Eli Lilly also increased its quarterly dividend by 15%, indicating financial strength. LLY shares rose 1.49% to $626.88.

Portfolio Pulse from Vandana Singh

January 04, 2024 | 5:21 pm

CHTR

DIS

Charter Communications, Inc. (CHTR) and The Walt Disney Company (DIS) have announced that the ad-supported version of Disney+ is now included in all Spectrum TV Select packages at no additional cost. This agreement allows Charter video customers to stream content from Disney, Pixar, Marvel, Star Wars, and National Geographic. Charter also plans to offer ESPN+ in its Spectrum TV Select Plus packages soon, providing access to exclusive sports events and original content.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 5:20 pm

FSLR

First Solar Inc (NASDAQ:FSLR) has signed a 15-year Power Purchase Agreement with Cleantech Solar to supply clean electricity to its new solar manufacturing facility in Tamil Nadu, India. Cleantech Solar will construct 150 MW of solar and 16.8 MW of wind assets, expected to be commissioned by Q3 2024, and will meet 70% of the facility's needs. The agreement includes the purchase of 150 MW of Series 7 solar panels from First Solar, with delivery in the first half of 2024. The initiative will help displace about 7,000 kilotons of CO2 emissions.

Portfolio Pulse from Shivani Kumaresan

January 04, 2024 | 5:19 pm

PCLOF

Benuvia Operations LLC and PharmaCielo Ltd (OTCQX:PCLOF) (TSXV:PCLO) have announced a strategic partnership to manufacture CGMP pharmaceutical-grade Active Pharmaceutical Ingredients (APIs) for the global market. PharmaCielo will cultivate cannabis and hemp in Colombia, while Benuvia will produce the final product in Texas. The partnership aims to offer Seed-to-Pharma products globally, ensuring quality and compliance. PharmaCielo also plans to issue common shares to satisfy interest payments on debentures. PCLOF's shares were trading at $0.107 at the time of the announcement.

Portfolio Pulse from Patricio Liddle

January 04, 2024 | 5:11 pm

NVDA

NVIDIA GeForce has announced an event scheduled for January 8, 2024, at 8AM PT, to be streamed on Twitch. The announcement was made via a Twitter post.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 5:11 pm

AAPL

Apple Inc (NASDAQ:AAPL) stock has rallied nearly 50% in 2023, but this surge seems disconnected from the company's actual performance, with stagnant growth and operational efficiency peaking. Analysts from Barclays and Piper Sandler have downgraded the stock, citing concerns over hardware business, inventory levels, and a weakening macro environment in China. Despite the stock's high valuation, investors are advised to be cautious of the disconnect and consider locking in gains to avoid potential future losses.

Portfolio Pulse from Surbhi Jain

January 04, 2024 | 4:59 pm

ACET

Adicet Bio's stock price is on the rise following the company's announcement of its 2024 goals, which include advancing allogeneic T cell therapy candidates for oncology and autoimmune diseases.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 4:55 pm

QS

VLKAF

VWAGY

Volkswagen AG's battery unit PowerCo and its US partner QuantumScape Corp. have reported promising test results for a new solid-state EV battery. The battery retained 95% of its original capacity after 1,000 cycles, surpassing industry targets of 700 cycles with a maximum loss of 20% capacity. This development could make EVs more efficient and less expensive.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 4:52 pm