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AUTL

Autolus Therapeutics plc (NASDAQ:AUTL) presented clinical data updates at the 2023 ASH Meeting, including positive results from the FELIX Phase Ib/II study of obe-cel in r/r B-ALL, showing prolonged event free survival and low immunotoxicity. Long-term data from ALLCAR19 and FELIX Phase Ib studies indicated durable remissions with obe-cel. The ALLCAR19 extension cohorts showed long-term responses in r/r NHL and r/r CLL with low immunotoxicity. Initial data from the MCARTY Phase I study of AUTO8 in multiple myeloma demonstrated good tolerance and responses in all patients. Autolus will discuss the data at an Analyst/Investor event on December 10, 2023.

Portfolio Pulse from Charles Gross

December 10, 2023 | 12:32 pm

NKTX

Nkarta, Inc. (NASDAQ:NKTX) presented follow-up data from its Phase 1 clinical trial of NKX101 at the 2023 ASH Meeting. NKX101 is an engineered NK cell therapy for patients with relapsed or refractory acute myeloid leukemia (r/r AML).

Portfolio Pulse from Charles Gross

December 10, 2023 | 12:29 pm

AMZN

Amazon.com Inc (NASDAQ:AMZN) has ramped up hiring for its advertising division, Amazon Ads, with over 400 job openings as of December 8, a significant increase from 29 at the beginning of the year. The hiring surge is part of Amazon's strategy to expand its streaming TV ad revenue, targeting small to midsize brands. Salary data from the U.S. Department of Labor for foreign workers reveals a range of compensation for various roles within Amazon Ads.

Portfolio Pulse from Bibhu Pattnaik

December 09, 2023 | 11:08 pm

AAPL

Apple Inc. is undergoing a leadership reshuffle with the departure of Tang Tan, the vice president of product design, who was instrumental in the design of the iPhone and Apple Watch. Tan's responsibilities are being redistributed within the hardware engineering team, with deputies like Richard Dinh and Kate Bergeron taking on expanded roles. Matthew Costello will take over Tan's duties related to accessories and the acoustics team. This change occurs as Apple continues to face a competitive tech landscape and prepares for future challenges. AAPL shares saw a slight increase on Friday and after hours.

Portfolio Pulse from Nabaparna Bhattacharya

December 09, 2023 | 8:38 pm

GLPG

Galapagos NV (NASDAQ:GLPG) will present new clinical data from Phase 1/2 CD19 CAR-T studies at the ASH Annual Meeting. The studies, EUPLAGIA-1 with GLPG5201 and ATALANTA-1 with GLPG5101, target patients with relapsed/refractory chronic lymphocytic leukemia and non-Hodgkin lymphoma. The data will highlight the potential of a decentralized approach to CAR-T manufacturing and its impact on severe hematologic cancers.

Portfolio Pulse from Charles Gross

December 09, 2023 | 8:13 pm

TSLA

Bernstein analyst Toni Sacconaghi has recommended shorting Tesla (TSLA), with a price target of $150, citing potential faltering EV demand and increased competition, particularly from Chinese rivals. Tesla CEO Elon Musk responded to a Tesla enthusiast's criticism of Sacconaghi's track record by suggesting the analyst's negative view could be a strong contra-indicator. Tesla's aggressive pricing strategy has led to a decline in auto gross margins, and the company has not provided guidance on near-term margin trajectory. The recent launch of the Cybertruck and the full-self driving software face challenges including regulatory scrutiny and market skepticism.

Portfolio Pulse from Shanthi Rexaline

December 09, 2023 | 7:43 pm

RCAT

Red Cat Holdings Inc. (NASDAQ:RCAT) CEO Jeff Thompson discussed the company's role in providing advanced drone technology for military, government, and commercial use. Red Cat, through its subsidiaries Teal Drones and Skypersonic, offers products like the Teal 2 drone with high-resolution thermal imaging and the Skycopter for GPS-denied inspections. The company is recognized by the U.S. Department of Defense and is adapting to regulatory changes while expanding manufacturing capabilities in Salt Lake City. Red Cat aims to support the U.S. drone industrial base and anticipates using a $750,000 grant to modernize manufacturing in Utah.

Portfolio Pulse from Bibhu Pattnaik

December 09, 2023 | 5:22 pm

DIS

DKNG

The article covers various sports betting updates including the College Football Playoff selections, NFL standings and Super Bowl odds, a major MLB trade involving Juan Soto, Jon Rahm's move to LIV Golf, and the groups for Euro 2024 and Copa America. DraftKings Inc. provided early betting lines for college football and reported a significant win by an NBA bettor. The New York Yankees' World Series odds improved after acquiring Soto, and the Philadelphia Eagles are now underdogs against the Dallas Cowboys.

Portfolio Pulse from Chris Katje

December 09, 2023 | 3:16 pm

FSR

KARS

LCID

NIO

RIVN

TSLA

Tesla faced a labor union strike in Sweden, lost a court case against Sweden's postal service, and was excluded from PensionDanmark's investment list due to labor issues. Tesla's China sales dropped year-over-year but increased month-over-month. Lucid Group was removed from the Nasdaq 100 Index and announced changes to its Lucid Air lineup. Nio is considering spinning off its battery unit. Rivian laid off members of its battery-cell development team. Fisker's Ocean SUV was spotted in India, and the company addressed investor concerns over its stock price. The KraneShares Electric Vehicles and Future Mobility Index ETF saw a slight increase on Friday but an overall weekly decline.

Portfolio Pulse from Shanthi Rexaline

December 09, 2023 | 1:58 pm

AAPL

GOOG

MSFT

SONY

The article discusses the historical significance of Microsoft's Windows 2.0, launched on Dec. 9, 1987, and its impact on Microsoft Corp.'s (NASDAQ:MSFT) stock value over the years. It highlights the growth of an initial $1,000 investment in Microsoft stock to $1,154,956 today, compared to much lower returns from the Nasdaq and S&P 500 indices. The article also touches on Microsoft's recent strategic moves, including a $13 billion investment in OpenAI and the $69 billion acquisition of Activision Blizzard, positioning the company in AI and gaming industries.

Portfolio Pulse from Rounak Jain

December 09, 2023 | 12:23 pm