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TTWO

Take-Two Interactive's (NASDAQ:TTWO) stock rose following the announcement of the first trailer for the next Grand Theft Auto game by its subsidiary, Rockstar Games. The Grand Theft Auto series has a history of successful releases, with the last entry selling 185 million copies since 2013. The announcement has generated significant attention on social media. Take-Two is also set to release its Q3 financial statement, with analysts expecting an EPS of $1.04 and revenue of $1.41 billion.

Portfolio Pulse from Franca Quarneti

November 08, 2023 | 7:11 pm

LLY

NVO

The FDA has approved Eli Lilly's Zepbound (tirzepatide) injection for obesity treatment, which is expected to be available in the U.S. by the end of the year. The drug is priced approximately 20% lower than Nova Nordisk's semaglutide 2.4 mg injection for weight loss. Eli Lilly's shares are up 1.99% following the news.

Portfolio Pulse from Vandana Singh

November 08, 2023 | 7:04 pm

META

Meta Platforms, Inc has partnered with Hugging Face and Scaleway to accelerate the adoption of open-source artificial intelligence solutions within the French entrepreneurial ecosystem. The program, located at STATION F in Paris, will support five startups from January to June 2024. The chosen startups will benefit from technical mentoring, access to Hugging Face’s platform and tools, and Scaleway’s computing power.

Portfolio Pulse from Anusuya Lahiri

November 08, 2023 | 6:59 pm

AMZN

Amazon has made One Medical's healthcare benefits available to Prime members for a fee, following its acquisition of the subscription-based group in 2022. The subscription will cost Prime members $9 per month or $99 per year, a significant discount from the standard One Medical subscription fee of $199 per year. This move is part of Amazon's ongoing efforts to tap into the healthcare industry.

Portfolio Pulse from Anusuya Lahiri

November 08, 2023 | 6:50 pm

BMBL

CRM

MTCH

Bumble Inc's CEO Whitney Wolfe Herd is stepping down and will be succeeded by Slack's CEO Lidiane Jones on Jan. 2, 2024. Jones, who has worked at Microsoft, Sonos, and Salesforce, is taking over at a time when the dating app market is losing steam. However, she plans to leverage AI technology to enhance connections and community-building within the Bumble platform. Bumble shares have been trading higher since the announcement.

Portfolio Pulse from Surbhi Jain

November 08, 2023 | 6:30 pm

BBIO

LUMO

Lumos Pharma Inc announced that its Phase 2 OraGrowtH210 and OraGrowtH212 trials met all primary and secondary endpoints. The trials demonstrated the sustained effectiveness of AHV up to 24 months and a clean safety profile for LUM-201. The company's Q3 cash of $42.7 million is expected to provide a runway through Q3 2024. Lumos Pharma's stock is trading higher by 13.80% at $4.14.

Portfolio Pulse from Vandana Singh

November 08, 2023 | 6:20 pm

CMCSA

FOX

FOXA

RUM

The third Republican primary debate for the 2024 U.S. presidential election will be held on November 8, 2024. Comcast Corporation (NASDAQ:CMCSA) has secured the rights to broadcast the debate on NBC, while Rumble (NASDAQ:RUM) will live stream the event. Fox Corporation (NASDAQ:FOX)(NASDAQ:FOXA) aired the first two debates. Former President Donald Trump, who leads in the polls, will not attend the debate but will host a rally instead.

Portfolio Pulse from Chris Katje

November 08, 2023 | 6:18 pm

AVDL

Avadel Pharmaceuticals reported $7.0 million in net product revenue for Q3, exceeding analysts' estimates of $5.09 million. This revenue is largely due to the sales of Lumryz, a sleep disorder drug launched in the U.S. in June. The company also reported a Q3 EPS loss of $(0.41) versus $(0.33) a year ago. Over 1,000 patients enrolled in Avadel's RYZUP patient support services, with more than 400 patients initiating therapy with Lumryz during Q3. The company's shares are up 11.6% at $11.58.

Portfolio Pulse from Vandana Singh

November 08, 2023 | 6:18 pm

ABNB

Airbnb Inc (NASDAQ:ABNB) is introducing new features and artificial intelligence enhancements to its app to boost user trust in the platform's reliability. The update includes a 'Guest Favorite' badge for listings with over a 4.9-star rating and less than 1% host cancellations. The firm will also launch a new AI feature that categorizes images according to the room type and offer an expanded view of reviewers' experiences in the listing reviews.

Portfolio Pulse from Vandana Singh

November 08, 2023 | 6:14 pm

GOOG

GOOGL

Google has expanded its Generative AI in Search to over 120 new countries and territories. Additionally, it has enabled four new languages: Spanish, Portuguese, Korean, and Indonesian for everyone using SGE.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 6:04 pm