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QCOM

Qualcomm has announced the development of a new, custom integrated processor named Qualcomm Oryon CPU. The company claims it to be one of the most powerful, intelligent, and power-efficient processors ever built for Windows.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 7:00 pm

GOOG

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META

MSFT

QCOM

Qualcomm Inc announced several new product launches and initiatives, focusing on artificial intelligence (AI). The company announced the new Snapdragon X Elite, which will power Windows PCs into the AI era, and the Snapdragon 8 Gen 3, which will bring large language models to smartphones in 2024. Qualcomm also announced it is bringing generative AI to device categories, including devices and applications. The company named Microsoft Corporation, Xiamoi, ASUS, Honor, Lenovo, OPPO, Android (a unit of Alphabet Inc), Meta Platforms, and HP as companies collaborating on the multi-device experience with Snapdragon Seamless.

Portfolio Pulse from Chris Katje

October 24, 2023 | 7:00 pm

QCOM

Qualcomm has announced the Snapdragon X Elite, a new chip designed to bring Windows PCs into the modern AI era. The chip is expected to enhance the performance of Windows PCs, making them more efficient and capable of handling complex AI tasks.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 7:00 pm

MDT

Medtronic plc (NYSE:MDT) announced four-year results from the Evolut Low Risk Trial, demonstrating exceptional outcomes and sustained valve performance of its Evolut transcatheter aortic valve replacement (TAVR) system. The system showed significantly better hemodynamics than surgical aortic valve replacement (SAVR) and reported consistently lower and diverging rates of death or disabling stroke versus state-of-the-art surgery, at four years.

Portfolio Pulse from Charles Gross

October 24, 2023 | 6:25 pm

RVMD

Revolution Medicines' stock is trading higher following a potential rebound. The stock had previously fallen after the company announced clinical activity and safety data from its Phase 1/1b trial of RMC-6236.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 6:25 pm

PCRFY

WKSP

Heat pumps are seen as a key tool in combating climate change, with Terravis Energy, a subsidiary of Worksport Ltd (NASDAQ:WKSP)(NASDAQ:WKSPW), and Panasonic Holdings Corporation (OTC:PCRFY) developing new products. Terravis has increased its R&D commitment to its cold climate heat pump due to expected large-scale growth in North America and globally. Panasonic has unveiled a new central heat pump system that promises up to 300% greater efficiency and potentially 30% energy savings. Other companies, including Samsung and Bosch, are also investing in heat pump technology.

Portfolio Pulse from Upwallstreet

October 24, 2023 | 6:07 pm

EW

Edwards Lifesciences has announced that 5-year data from the Partner 3 trial shows excellent survival rates for patients receiving the Edwards Sapien 3 Valve. This positive data could potentially boost the company's reputation and sales.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 6:06 pm

AAPL

National Economic Council Director Lael Brainard announced that Apple will make parts, tools, and documentation available to fix all products at independent repair shops nationwide.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 6:06 pm

KO

Coca-Cola Co (NYSE:KO) reported strong Q3 results, beating analyst estimates, and raised its full-year outlook. CEO James Quincey dismissed concerns about the impact of weight-loss drugs on the company's sales, highlighting its calorie-conscious strategy and the availability of zero-calorie options in its product range. Despite year-to-date shares being down about 12.5%, partially due to concerns about the impacts of weight-loss drugs, the stock was up 2.59% following the announcement.

Portfolio Pulse from Adam Eckert

October 24, 2023 | 5:40 pm

BLBD

Blue Bird Corporation (NASDAQ:BLBD) has delivered its 1,500th electric, zero-emission school bus to Modesto City Schools in California. This marks an industry-leading milestone for the company. The transition to electric buses is part of the district's efforts to lower its carbon footprint. Blue Bird recently opened its Electric Vehicle (EV) Build-up Center, which will increase its production capacity to 5,000 electric school buses a year. The company's zero-emission school buses are powered by the electric PowerDrive 7000 system from Accelera by Cummins.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 5:31 pm