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GOOGL

Google, a subsidiary of Alphabet Inc. (GOOG, GOOGL), is set to introduce a new feature in Android 15 that will allow users to monitor their smartphone's battery health, similar to a feature already available on Apple Inc.'s (AAPL) iPhones. The feature will provide details such as the battery's manufacture date, cycle count, and state of health, indicating when a replacement might be necessary. This enhancement aligns with the trend of longer software updates and repair options, aiming to improve user experience and device longevity.

Portfolio Pulse from Rounak Jain

December 22, 2023 | 11:22 am

BGNE

The FDA has approved an update to the label for BeiGene's Brukinsa (Zanubrutinib) to include progression-free survival data from the Phase 3 ALPINE trial. This trial compared Brukinsa to Imbruvica (Ibrutinib) in previously treated relapsed/refractory chronic lymphocytic leukemia patients.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 11:04 am

AAPL

Apple Inc. (AAPL) has seen its market value increase by nearly $1 trillion this year, but analysts predict challenges in sustaining this growth in 2024. Factors such as China's crackdown on foreign devices, competition from Huawei, and a potential U.S. ban on Apple's smartwatch business could pose threats. Despite these concerns and stretched valuations, Apple's stock rose by 50% this year. Analysts warn of potential money rotation to other names due to higher valuations and slower growth. Yet, some, like Daniel Ives from Wedbush Securities, remain bullish, predicting a $4 trillion market value by the end of next year.

Portfolio Pulse from Benzinga Neuro

December 22, 2023 | 10:38 am

AAPL

META

MSFT

Microsoft Corporation (NASDAQ:MSFT) has discontinued its Windows mixed reality feature, which combined augmented and virtual reality technologies. The feature, introduced in 2017, is set to be removed in a future Windows release. This comes as competitors like Apple Inc. (NASDAQ:AAPL) and Meta Platforms Inc. (NASDAQ:META) advance in the mixed-reality market. Apple is expected to launch its Vision Pro headset in February next year, while Meta has released Quest 3 starting at $499.

Portfolio Pulse from Ananya Gairola

December 22, 2023 | 10:37 am

NIO

Nio Inc (NYSE:NIO) has achieved its year-end goal by launching its 1,000th Power Swap station, meeting its target of 1,000 new stations for the year. The milestone station was opened at the Sha'anxi Nature Museum in Xi'an. Nio's power swap technology allows EV owners to exchange depleted batteries for charged ones in about 3 minutes, contrasting with the traditional charging approach of other EV manufacturers like Tesla, Volkswagen, and General Motors. Nio has also recently partnered with Zhejiang Geely Holding Group and Chongqing Changan Automobile Co to enhance its battery swap business.

Portfolio Pulse from Anan Ashraf

December 22, 2023 | 9:54 am

SVM

Silvercorp Metals has reported significant gold-silver-lead-zinc intercepts from its diamond drilling program at the HPG Mine in China. Between January 1, 2022, and November 15, 2023, 297 drill holes totaling 45,046 meters were completed, with 139 holes intercepting mineralization. Assay results for 270 holes have been received, and drilling continues with 8 rigs.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 6:45 am

AZN

IONS

The US FDA has approved AstraZeneca and Ionis Pharmaceuticals' WAINUA™ for treating adults with polyneuropathy of hereditary transthyretin-mediated amyloidosis. The approval is based on positive Phase III NEURO-TTRansform study results, which showed that WAINUA consistently improved neuropathy impairment and quality of life. Additional regulatory reviews are in progress globally.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 6:35 am

AMZN

Amazon's Prime Video is gearing up for an aggressive content production phase in India for 2024, following a significant expansion in 2023. The platform premiered 24 original shows in India last year and plans to target both individual viewers and households. Amazon's global content investment reached $17 billion in 2022, with Indian productions featuring prominently on Prime Video's top 10 worldwide. Prime Video Channels in India now has 23 content partners and the Prime Video Store boasts the largest movie library in India. Live sports, including New Zealand Cricket rights, are also a strategic focus, with the recent addition of FanCode to Prime Video Channels.

Portfolio Pulse from Shomik Sen Bhattacharjee

December 22, 2023 | 6:30 am

TSLA

Franz von Holzhausen, Tesla's Chief Designer, emphasized that the Cybertruck's unique design is strategic for the brand and not an experiment. He mentioned that the design draws inspiration from the Lamborghini Countach and Lockheed's F-117 Stealth Fighter jet. Despite a price increase and safety concerns, the Cybertruck has attracted interest from a new demographic and celebrities, with deliveries starting sooner than expected. This indicates potential growth in Tesla's customer base and brand enhancement.

Portfolio Pulse from Benzinga Neuro

December 22, 2023 | 6:17 am

DIS

TSLA

Walter Isaacson, biographer of Tesla CEO Elon Musk, commented on Musk's pervasive influence despite polarizing opinions. Isaacson appeared on CNBC's 'Squawk Box' discussing various topics, including Twitter's future and plagiarism in academia. He referenced a survey showing Warren Buffett as the only billionaire with a positive rating, while Musk scored zero, indicating a balance of supporters and detractors. Isaacson also mentioned John Oliver's critical segment on Musk, which acknowledged Musk's significant impact on society. Musk responded to Oliver's segment, criticizing his shift to 'wokeness'.

Portfolio Pulse from Ananya Gairola

December 22, 2023 | 5:32 am