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NTDOY

Nintendo's 'Super Mario Bros. Wonder' has become the fastest-selling Mario game, with 4.3 million units sold within the first two weeks of its release. The success is attributed to the Super Mario Bros. Movie and the ongoing popularity of the Super Mario franchise. Nintendo anticipates that the game's sales will continue to thrive, especially during the upcoming holiday season and into 2024. The company reported a 21.2% YoY increase in sales, reaching approximately $5.3 billion, and a 27% YoY rise in profit, totaling around $1.9 billion.

Portfolio Pulse from Franca Quarneti

November 08, 2023 | 9:33 pm

SONY

Sony Group Corp. is offering a new PS5 Black Friday bundle that includes Spider-Man 2 for free, available for $499.99. The bundle is part of Sony's early Black Friday sale. Additionally, a 'slim' model Black Friday deal featuring Call of Duty: Modern Warfare 3 will be available from Nov. 10 for the same price. DualSense controllers are on sale for $49.99, providing a $20 to $25 discount. GameStop provides an even better deal, dropping the price to $44.99 with the click-and-collect option.

Portfolio Pulse from Franca Quarneti

November 08, 2023 | 9:13 pm

LYFT

Lyft reported Q3 2023 financial results with gross bookings of $3.554 billion, up 15% YoY. Revenue was $1.158 billion, up 10% YoY, and net loss was $12.1 million, a significant decrease from $422.2 million in Q3'22. Operational highlights include a 20% YoY growth in rides and a 10% YoY increase in active riders. The company also launched in-app advertising in Q3.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 9:11 pm

DIS

Disney has announced that its streaming service, Disney+, added approximately 7 million core subscribers in Q4.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 9:06 pm

PSNY

Polestar, a Swedish electric vehicle manufacturer, is targeting a gross margin in the high teens with a total annual volume of approximately 155,000-165,000 cars for the fiscal year 2025. The company is listed on the US stock market under the ticker PSNY.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 9:06 pm

PSNY

Polestar, a Swedish electric vehicle manufacturer, has revised its delivery expectations for 2023 to approximately 60,000 vehicles. The company also anticipates a gross margin of around 2% for the full year.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 9:03 pm

LLY

The UK's Medicines and Healthcare products Regulatory Agency (MHRA) has authorized the use of Mounjaro (tirzepatide), a drug currently used for Type 2 diabetes, for weight loss and weight management in adults. The drug is now authorized for adult patients with a BMI of 30kg/m² or more, as well as those with a BMI between 27-30kg/m² who also have weight-related health problems. The authorization is based on the results of two international clinical trials, SURMOUNT-1 and SURMOUNT-2, which showed significant weight loss in patients treated with tirzepatide compared to those who took a placebo.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 8:52 pm

BTAI

MRK

BioXcel Therapeutics announced overall survival data from its Phase 2 trial of BXCL701 in combination with Merck's Keytruda in patients with metastatic castration-resistant prostate cancer. The company reported a RECIST partial response rate of 28% with a median duration of response of 19 months. BioXcel is also evaluating strategic options for its subsidiary OnkosXcel Therapeutics, including potential financing, strategic partnership, or M&A. BTAI shares are down 6.78% at $4.51.

Portfolio Pulse from Vandana Singh

November 08, 2023 | 8:15 pm

AMZN

WBD

Warner Bros. Discovery (NASDAQ:WBD) shares fell after Q3 financial results showed a 2% YoY revenue increase to $9.98 billion, but a loss of 700,000 streaming subscribers. The company plans to leverage its 'underused' franchises, including a reboot of the 'Harry Potter' series, to boost future success. However, the new show may not be available until 2025 or 2026. The company is also working on a rebranding of DC Comics and a new slate of movies and TV shows.

Portfolio Pulse from Chris Katje

November 08, 2023 | 8:06 pm

LLY

Eli Lilly's shares are trading higher following the FDA's approval of Zepbound for chronic weight management.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 7:14 pm