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GOOGL

Google (NASDAQ: GOOGL) is set to delete content from inactive personal accounts on Gmail, Google Photos, and Google Docs starting December 1. This applies to accounts that have been inactive for over two years. Google has been notifying users about this policy, which was first announced in July. The move aims to optimize data management and enhance security. Active users are not affected. Google advises users to log into their accounts once every two years to avoid data loss and offers a recovery process for those who have lost access.

Portfolio Pulse from Bibhu Pattnaik

November 12, 2023 | 4:59 pm

TSLA

Tesla, Inc. (NASDAQ:TSLA) has updated its 'Motor Vehicle Order Agreement' for the Cybertruck, including a clause that prohibits buyers from reselling the vehicle within the first year of purchase. If a buyer breaches this provision, Tesla may seek $50,000 in liquidated damages or the sale value, whichever is greater. The company may also refuse to sell any future Tesla EVs to the user. This move has sparked mixed reactions on social media, with some supporting the decision to prevent flipping for profit, while others question the enforceability of the agreement. The Cybertruck is expected to significantly boost Tesla's sales volume and have a halo effect on other models, despite Elon Musk's caution about the ramp-up difficulty.

Portfolio Pulse from Shanthi Rexaline

November 12, 2023 | 4:47 pm

AAPL

GOOGL

MSFT

Apple Inc. (AAPL) has been highlighted in several key tech developments, including leading the AI race according to Morgan Stanley, potential in-house battery development for iPhones post-2025, a delay in its self-driving car project, and a new macOS feature to curb warranty fraud. Google (GOOGL) is appealing to EU regulators to make Apple's iMessage compatible with other services, while Microsoft (MSFT) is also mentioned as a competitor in AI.

Portfolio Pulse from Benzinga Neuro

November 12, 2023 | 4:00 pm

TTI

XOM

Exxon Mobil, in partnership with Tetra Technologies, is planning to start producing 10,000 metric tons of lithium annually by 2026, according to a Reuters report. This move is part of Exxon's strategy to diversify its portfolio and capitalize on the growing demand for lithium, which is a critical component in batteries for electric vehicles and other technologies.

Portfolio Pulse from Charles Gross

November 12, 2023 | 3:53 pm

BABA

Alibaba Group's subsidiaries, Taobao and Tmall, reported positive year-over-year growth in Gross Merchandise Volume (GMV), order numbers, and participating merchants for their 15th annual 11.11 Shopping Festival.

Portfolio Pulse from Charles Gross

November 12, 2023 | 3:50 pm

BBIO

BridgeBio Pharma, Inc. (NASDAQ:BBIO) presented additional Phase 3 data from its ATTRibute-CM study of acoramidis for transthyretin amyloid cardiomyopathy at the AHA Scientific Sessions 2023. The study met its primary endpoint with a Win Ratio of 1.8 and a p-value of <0.0001. The Kaplan-Meier curves showed a rapid and sustained clinical benefit, and acoramidis was well-tolerated with no safety concerns. BridgeBio plans to file an NDA with the FDA by the end of 2023.

Portfolio Pulse from Charles Gross

November 12, 2023 | 3:43 pm

LLY

NVO

Novo Nordisk's (NYSE:NVO) weight loss drug Wegovy has been shown in a clinical trial to significantly reduce the risk of serious heart complications by 20% in obese individuals without diabetes. The Select study's results could lead to broader insurance coverage and increased usage of Wegovy, potentially maintaining Novo Nordisk's lead over Eli Lilly (NYSE:LLY), whose weight-loss drug Zepbound was recently approved in the U.S. Despite some participants discontinuing Wegovy due to gastrointestinal issues, the drug also showed a 73% reduction in progression to diabetes.

Portfolio Pulse from Benzinga Neuro

November 11, 2023 | 9:34 pm

BAC

DIS

LI

META

TSLA

Barron's weekend stock picks include Tesla, Li Auto, Meta, and Bank of America. Tesla is exploring new sales strategies by listing EVs on Cars.com. Bank of America's stock is down, but insider buying suggests confidence. Disney's strong earnings may not satisfy activist Peltz. Li Auto's sales growth in China outpaces Tesla's, and Meta partners with Tencent to re-enter China with VR headsets.

Portfolio Pulse from Justin Chan

November 11, 2023 | 9:20 pm

FSR

Fisker Inc. has opened the Fisker Lounge NYC, its first retail space on the US East Coast, to showcase the all-electric Fisker Ocean SUV. Located in New York City's Meatpacking District, the lounge aims to educate customers on sustainability from vehicle design to end of use. Fisker plans to open more lounges and Center+ locations globally. The company emphasizes its commitment to creating sustainable electric vehicles and expanding its retail footprint.

Portfolio Pulse from Benzinga Newsdesk

November 11, 2023 | 8:02 pm

CLF

GS

MT

RIO

VALE

Goldman Sachs (NYSE:GS) forecasts an iron ore supply deficit by year-end due to reduced production and low inventories, particularly highlighting issues with Vale's (NYSE:VALE) output. China's increased fiscal spending could boost demand, but the property crisis remains a concern. Goldman raised its iron ore price forecast for 2023 and 2024. The deficit may impact companies like Rio Tinto (NYSE:RIO), Cleveland-Cliffs (NYSE:CLF), and Arcelor Mittal (NYSE:MT).

Portfolio Pulse from Nabaparna Bhattacharya

November 11, 2023 | 7:50 pm