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AAPL

Apple Inc's expected M3 refresh for the 13-inch MacBook Pro may not be unveiled at the upcoming October event, according to reports. The 13-inch MacBook Pro update is still under development and is unlikely to be showcased soon. The model's inventory was dwindling, hinting at a possible impending update. However, the unveiling at the 'Scary Fast' event is now considered unlikely.

Portfolio Pulse from Benzinga Neuro

October 30, 2023 | 9:25 am

GOOG

GOOGL

Google, a subsidiary of Alphabet Inc., has announced that its latest update to Android 14 will provide in-built passkey support for apps, enhancing their authentication processes and user convenience. The new tool, Credential Manager, will be launched on Nov. 1. This Android-specific API provides integrated storage for credentials such as usernames, passwords, and passkeys. The new feature is expected to enhance the authentication process in Android 14 apps. Google is also deprecating several authentication APIs, urging developers to use the Credential Manager for user authentication.

Portfolio Pulse from Benzinga Neuro

October 30, 2023 | 9:24 am

GOOG

GOOGL

Lawmakers and antitrust regulators are expressing concerns over Google's development of advanced AI products, according to a report by the NY Post. They fear that these developments could further entrench Google's online search monopoly.

Portfolio Pulse from Charles Gross

October 30, 2023 | 9:20 am

GSK

GSK's Phase 3 RUBY trial of Jemperli (Dostarlimab) plus chemotherapy has met its endpoint of overall survival in patients with primary advanced or recurrent endometrial cancer.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:59 am

NVS

Novartis has announced positive interim results from the Phase III ALIGN study of atrasentan, a treatment for IgA nephropathy (IgAN). The study met its primary endpoint, showing a significant reduction in proteinuria in patients with IgAN. The safety profile of atrasentan was consistent with previous data. Based on these results, Novartis plans to submit an application for accelerated approval in the US in 2024.

Portfolio Pulse from Charles Gross

October 30, 2023 | 8:55 am

META

MSFT

A user asked Meta Platforms Inc.'s Llama 2 AI about the chances of success of Skynet taking over in the Terminator series if it were open source. Llama 2 suggested that open source could have potentially helped to prevent the Skynet takeover, but it is unlikely to have completely mitigated the risks associated with AI. Microsoft Corp.-backed OpenAI's ChatGPT was also asked the same question and it stated that while open-source AI can help increase scrutiny and improve the discoverability of malicious intent, it cannot guarantee that a Skynet takeover can be avoided.

Portfolio Pulse from Rounak Jain

October 30, 2023 | 8:24 am

GXO

GXO Logistics, Inc. (NYSE:GXO) has been selected to manage fulfilment of direct-to-consumer orders for The Quality Group, a market leader in nutrition supplements, out of its Dormagen facility in Germany. This partnership is a launchpad for GXO's expansion in Germany.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:09 am

AAPL

Apple Inc. (NASDAQ:AAPL) is facing a slump in iPhone sales in China, with a reported 6% fall during the iPhone 15 series launch month compared to the same period last year. This is attributed to the resurgence of local competitor Huawei Technologies Co., which has seen its Mate 60 series register close to 1.5 million sales during its launch month. Apple, which derives around 20% of its revenue from China, is also dealing with escalating U.S.-China tensions and an iPhone prohibition in some government-backed agencies and state-owned enterprises.

Portfolio Pulse from Benzinga Neuro

October 30, 2023 | 8:06 am

TOYOF

Toyota Motor Corporation (OTC:TOYOF) has reported a significant increase in its global sales and production for the first half of FY2024, attributing this rise to the easing of semiconductor shortages. The company recorded worldwide sales of 5,596,183 vehicles and production of 5,738,126 vehicles from April to September 2023. The results also include those for subsidiaries Daihatsu Motor Co., Ltd. and Hino Motors, Ltd.

Portfolio Pulse from Benzinga Neuro

October 30, 2023 | 7:57 am

BNR

Burning Rock Biotech Limited (NASDAQ:BNR) and Boehringer Ingelheim have signed a Master Service Agreement (MSA) in the field of oncology companion diagnostics. The agreement aims to provide Chinese patients with safer, more efficient, and precise treatment options and diagnostic methods. The partnership will focus on advancing the clinical trials related to Boehringer Ingelheim's MDM2-p53 antagonist, brigimadlin (BI 907828), and the development of companion diagnostic products in China.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 7:25 am