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The Bitcoin Lightning payments application, Wallet of Satoshi (WoS), has been removed from the U.S. versions of Google's Play Store and Apple's App Store without a clear explanation. WoS stated the removal was their decision and not a ban, hinting at a possible return based on future developments. U.S. users can still access their BTC funds and transfer them to other wallets. BTC price was slightly up at the time of reporting.

Portfolio Pulse from Mehab Qureshi

November 24, 2023 | 9:56 am

EWJ

NVO

Novo Nordisk is set to launch its obesity drug Wegovy in Japan in February, as reported by Reuters. This expansion into the Japanese market follows the drug's strong demand in existing markets.

Portfolio Pulse from Charles Gross

November 24, 2023 | 9:56 am

VWAGY

Volkswagen (OTC:VWAGY) is developing a new entry-level electric vehicle platform, the A-Main Platform, targeting the Chinese market. The platform, an evolution of the MEB, will be ready by 2026 and will heavily involve Chinese suppliers. This move comes after Volkswagen lost its top position in China to BYD and faces competition from local EV makers. Volkswagen Group China Technology Company (VCTC) is developing the platform with a 1 billion euro investment and plans to hire over 2,000 people. Additionally, Volkswagen is collaborating with Xpeng Inc on two new EV models for launch by 2026.

Portfolio Pulse from Benzinga Neuro

November 24, 2023 | 9:37 am

GOOG

GOOGL

Alphabet Inc.'s Google Maps has received a design update that has been met with mixed reactions. Former designer Elizabeth Laraki criticized the new color scheme as 'colder, less accurate and less human.' While some users appreciate the clearer display of roads and traffic, others support Laraki's views. The update comes as Google Maps faces increased competition from Apple Maps, which has made significant improvements and has taken a portion of Google Maps' mobile traffic on iPhones.

Portfolio Pulse from Ananya Gairola

November 24, 2023 | 8:49 am

STLA

Stellantis N.V. (NYSE:STLA) has launched its SUSTAINera Circular Economy Hub at the Mirafiori Complex in Turin, Italy, as part of its strategy to achieve net-zero carbon emissions by 2038. The hub will focus on extending the life of automotive parts and vehicles through the 4R strategy (Reman, Repair, Reuse, Recycle). With an investment of €40 million, the hub currently employs 170 people, with plans to increase to 550 by 2025. This initiative underscores Stellantis's commitment to sustainable practices in the automotive industry.

Portfolio Pulse from Benzinga Neuro

November 24, 2023 | 8:38 am

CALT

Calliditas Therapeutics AB's partner, Everest Medicines, has received approval from China's NMPA for Nefecon, a treatment for primary IgA nephropathy in adults. This approval could potentially lead to increased market opportunities for Calliditas in China through its partnership with Everest Medicines.

Portfolio Pulse from Benzinga Newsdesk

November 24, 2023 | 8:14 am

VIOT

Viomi Technology Co., Ltd (NASDAQ:VIOT), a leading IoT@Home company in China, has announced the creation of a strategic business unit (SBU) focused on water purification. The company aims to leverage its R&D and manufacturing capabilities in this area. Viomi has appointed Qi Chen, a former executive of A.O. Smith (China) Water Heater Co., Ltd., as president of the new water purification SBU. Chen brings extensive experience from the water purification industry and sales management in FMCG corporations.

Portfolio Pulse from Benzinga Newsdesk

November 24, 2023 | 7:17 am

TSLA

Tesla Inc. (NASDAQ:TSLA) is considering a $2 billion investment in an Indian factory, conditional on a reduced import duty of 15% for its electric vehicles (EVs) for the first two years. The investment amount is linked to the number of vehicles Tesla is allowed to import at this rate. The Indian government is deliberating on allowing a lower number of vehicles than Tesla's request, with a potential limit of 10% of total EVs sold in India this fiscal year. Tesla's proposal includes a commitment to localize 20% of car value within two years, which is under review by Indian authorities. Tesla plans to introduce three models in India and increase auto parts sourcing from the country.

Portfolio Pulse from Shomik Sen Bhattacharjee

November 24, 2023 | 6:43 am

AAPL

AMZN

Apple Inc's (AAPL) Apple Watch Ultra 2, released in September, is now available at a record-low price of $729.99 on Amazon.com Inc. (AMZN) during Black Friday sales. The price, originally $799, was previously reduced to $739 before an additional coupon brought it down further. The Apple Watch Ultra 2 features improvements such as the S9 SiP chip, Siri on-device, a brighter display, and enhanced water resistance, with a battery life of up to 36 hours or 72 hours in low-power mode.

Portfolio Pulse from Ananya Gairola

November 24, 2023 | 6:24 am

TSLA

A U.S. auto startup, Aitekx, has been ridiculed online for presenting a vehicle at the LA Auto Show that closely resembles Tesla Inc's Cybertruck. The vehicle, named Robotruck 1T, has been criticized for its poor construction and design. Aitekx plans to release the vehicle by 2025 with a range of up to 550 miles and a top speed of 165 mph. Meanwhile, Tesla's original Cybertruck is set for delivery on Nov. 30 at the Gigafactory Texas.

Portfolio Pulse from Anan Ashraf

November 24, 2023 | 5:50 am