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AZN

AstraZeneca reported results from the 24-week and long-term extension period of the ALPHA Phase III trial, showing effective control of intravascular and extravascular hemolysis and maintenance of increased mean hemoglobin levels through 48 weeks.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 6:49 am

TSLA

Tesla Inc. (NASDAQ:TSLA) has begun prompting customers who ordered the 'Foundation Series' Cybertruck to prepare for delivery, indicating that public deliveries may start sooner than expected. The fully-equipped Cybertruck, priced at $120,000, includes features like all-terrain tires and full self-driving capability. Initial deliveries have been made to VIPs, and broader public deliveries are expected to begin with possible dates in December for Texas and California. The Cybertruck has also qualified for a $7,500 federal tax credit for 2023.

Portfolio Pulse from Benzinga Neuro

December 11, 2023 | 5:24 am

COST

JMIA

Starlink kits, part of Elon Musk-led SpaceX's satellite broadband services, are now being sold at Costco (NASDAQ:COST) outlets in the U.S. for $599. Costco members are offered two months of free service with the purchase. This retail expansion comes as SpaceX's Starlink faces challenges in meeting revenue expectations, having generated $1.4 billion in 2022, which is below the projected $12 billion. The news also follows SpaceX's partnership with Jumia Technologies AG (NYSE:JMIA) to improve internet accessibility in Africa.

Portfolio Pulse from Benzinga Neuro

December 11, 2023 | 3:40 am

MZDAY

Mazda CEO Masahiro Moro anticipates electric vehicles (EVs) will constitute 25-40% of Mazda's global sales by 2030. Moro credits the company's growth to his prior role in North America, promoting larger vehicles. Mazda is preparing to launch its first dedicated EV platform, with close collaboration with Toyota on software and electrical infrastructures. The new EV platform is expected between 2025 and 2027, with plans to design and manufacture EVs in Japan and potentially North America. Despite challenges faced by other automakers like Tesla, General Motors, and Ford, Mazda's strategy could make it a significant player in the EV market.

Portfolio Pulse from Benzinga Neuro

December 11, 2023 | 2:45 am

TSLA

Tesla Inc's (NASDAQ:TSLA) Cybertruck has been approved for a $7,500 federal tax credit for two of its models, the all-wheel-drive variant and the high-end tri-motor Cyberbeast. The rear-wheel-drive model, set for release in 2025, is not yet eligible. The tax credit applies to pickup trucks under $80,000, but the Cyberbeast's base price is $99,990. Deliveries for the AWD model, priced at $79,990, will start in 2024, making it unlikely to benefit from the tax credit this year. The IRS has not listed the similarly priced Tesla Model X Plaid. Changes in the EV tax credit system in January may affect the Cybertruck's future eligibility.

Portfolio Pulse from Benzinga Neuro

December 11, 2023 | 1:57 am

TENB

Tenable's Vulnerability Management and Web App Scanning solutions have been assessed at a 'PROTECTED' level by Australia's IRAP, affirming their security controls and compliance with high cybersecurity standards. This endorsement may boost confidence among government agencies, especially those moving to cloud-based systems.

Portfolio Pulse from Charles Gross

December 10, 2023 | 9:15 pm

XLK

Gene Munster's Deepwater Asset Management released its annual holiday tech gift recommendations, ranging from $6 novelty phone cases to a $7,700 sofa. The list includes various tech-related items and a wish list for 2024, featuring a redesigned iPhone SE or Mini, streaming service bundles, and a more affordable Apple Vision MR headset. The Technology Select Sector SPDR Fund (XLK) closed up 0.85% at $186.66 and has gained about 51% this year.

Portfolio Pulse from Shanthi Rexaline

December 10, 2023 | 6:11 pm

SNY

Sanofi (SNY) has entered into an exclusive Manufacturing and Supply Agreement with Egypt's Minapharm to localize the production of Clexane®, Sanofi's flagship product. This agreement aligns with Egypt's strategy to boost local biopharmaceutical manufacturing and adapt to market dynamics and technological advancements in the industry.

Portfolio Pulse from Charles Gross

December 10, 2023 | 3:25 pm

BMEA

Biomea Fusion, Inc. (BMEA) reported positive top line data from the Phase II COVALENT-111 clinical study for BMF-219, showing a near doubling in the percentage of patients with durable HbA1c reduction in the 200 mg dose cohorts compared to the 100 mg cohorts. The results will be presented in detail at the ATTD conference in March 2024. No serious adverse events or study discontinuations have been reported to date.

Portfolio Pulse from Charles Gross

December 10, 2023 | 3:08 pm

AMZN

DIS

NFLX

VZ

The article provides a comprehensive guide to streaming Christmas movies, highlighting the best services and setup tips. It mentions Netflix (NFLX) with its $15.49/month Standard package, Amazon's (AMZN) Prime Video at $14.99/month or $139/year, Disney+ (DIS) at $13.99/month or $139.99/year, and Hulu. Additionally, Verizon (VZ) offers a Netflix and Max bundle for $10/month. The guide also suggests ways to save on streaming costs, setting up devices, and creating a festive environment for movie watching.

Portfolio Pulse from Ananya Gairola

December 10, 2023 | 1:10 pm