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NAAS

NaaS Technology Inc. (NASDAQ:NAAS), a U.S. listed EV charging service company in China, has partnered with GAC Energy, a subsidiary of GAC Group, to share charging station data and improve the charging service network for GAC EV owners. This collaboration aims to enhance convenience for EV charging.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 10:31 am

AAPL

AMZN

SPOT

Apple Inc. (AAPL) is reportedly planning to increase royalty payouts to artists and labels using its spatial audio technology, which is mixed with Dolby Atmos. This incentive is designed to encourage the adoption of the technology and could lead to increased sales of Apple's Atmos-supported hardware. Amazon Music (AMZN) also offers spatial audio at no extra cost, while Spotify (SPOT) does not provide this format. Apple's move aligns with the trend of offering high-quality streaming music without additional fees, initiated by Apple and Amazon in May 2021.

Portfolio Pulse from Benzinga Neuro

December 12, 2023 | 10:27 am

TSLA

Gary Black, a Tesla Inc (NASDAQ:TSLA) investor, predicts the company will produce 2.4 million vehicles in 2024, based on record production figures from Shanghai in November. This forecast exceeds Wall Street's estimate of 2.2 million. Despite this, Tesla CEO Elon Musk has stated that monthly production numbers are not meaningful due to the complexity of manufacturing batches for different regions. Tesla's global deliveries for November were 82,432 cars, a 14.3% increase from October.

Portfolio Pulse from Anan Ashraf

December 12, 2023 | 8:49 am

IQ

iQIYI International announced its 2024 strategy at the Asia TV Forum, revealing plans to release over 280 new Chinese language titles and more than 35 Southeast Asian productions. The streaming leader celebrated its 2023 milestone of 500 shows and 6,000 hours of content and announced strategic partnerships with the Singapore Tourism Board and production houses from Thailand and Malaysia.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 7:56 am

AAPL

Apple Inc. (AAPL) has released the watchOS 10.2 update, enabling Siri to log and access Health app data on the latest Apple Watch Series 9 and Apple Watch Ultra 2 models. The feature, which supports over 20 Health app data types in English and Mandarin, emphasizes user privacy with on-device processing. This update aligns with Apple's health information accessibility goals and showcases the new S9 SiP's capabilities for faster performance and privacy.

Portfolio Pulse from Benzinga Neuro

December 12, 2023 | 7:50 am

IRON

Disc Medicine presented updated results from its Phase 2 BEACON study of Bitopertin at the 65th ASH Annual Meeting, showing significant reductions in PPIX and improvements in sunlight tolerance. Bitopertin was well-tolerated with stable hemoglobin levels. Additionally, Disc announced positive data from a phase 1b study of DISC-0974 in myelofibrosis patients, noting improvements in hemoglobin and reduced transfusion needs.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 7:42 am

NOVA

Sunnova Energy International has reiterated its commitment to ethical practices and improved customer service in response to recent media reports. The company also expressed its support for the Department of Energy's Project Hestia, which aims to advance the integration of distributed energy resources.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 7:31 am

AAPL

Apple Inc. (NASDAQ:AAPL) has been named PETA's 2023 Company of the Year for eliminating leather from its products, aligning with the global demand for sustainable goods. Apple's move is part of its strategy to achieve carbon neutrality by 2030 and includes the introduction of FineWoven-based, leather-free accessories. Despite some user criticism of the new materials, Apple's commitment to sustainability has been recognized with this award.

Portfolio Pulse from Benzinga Neuro

December 12, 2023 | 7:30 am

BMWYY

LCID

BMW (OTC:BMWYY) is set to launch its luxury electric i7 Sedan, starting at $105,700, with a performance that rivals Mercedes-Benz EQS and Porsche Taycan. The i7 xDrive 60 variant costs $124,200 and offers 536 horsepower with a range of up to 317 miles. Tesla investor Ross Gerber sees the i7 as a strong competitor to Lucid Motors (NASDAQ:LCID), potentially impacting Lucid's market position.

Portfolio Pulse from Benzinga Neuro

December 12, 2023 | 7:29 am

ICVX

Icosavax, Inc. (NASDAQ:ICVX) announced positive interim results from its Phase 2 clinical trial for IVX-A12, a vaccine candidate targeting RSV and hMPV in older adults. The company's VLP platform technology focuses on developing vaccines for life-threatening respiratory diseases, aiming for pan-respiratory vaccines for older adults.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 7:24 am