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META

Meta Platforms is updating its Meta Quest mobile app to include parental supervision features. Parents will be able to set daily time limits and scheduled breaks for their teens' use of Meta Quest. The update is part of Meta's ongoing work to provide a central place for parents across Meta technologies and strengthen the dialogue between parents and their teens about their online lives.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 5:11 pm

ASPN

Aspen Aerogels (ASPN) has updated its FY23 financial outlook, raising its EPS outlook from $(1.21)-$(1.07) to $(0.90)-$(0.76) and its revenue outlook from $200M-$250M to greater than $250M. The company's operating plans remain unaffected by the UAW strike and re-timed OEM EV investments. Aspen has also converted a letter of intent with Audi into a vehicle platform PyroThin supply award and announced Scania as the brand of a previously unnamed award from the commercial vehicle division of the Volkswagen Group.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 5:10 pm

STLA

Stellantis N.V. (NYSE:STLA) and nuclear energy company Orano have signed a memorandum of understanding to establish a joint venture for recycling end-of-life electric vehicle batteries. The joint venture will recycle batteries and scrap from gigafactories in Enlarged Europe and North America. The move is expected to strengthen Stellantis' position in the electric-vehicle battery value chain by securing additional access to cobalt, nickel, and lithium necessary for electrification and energy transition.

Portfolio Pulse from Shivani Kumaresan

October 24, 2023 | 5:05 pm

SONY

Sony Group Corp's Marvel's Spider-Man 2 has become the fastest-selling PlayStation Studios game in the company's history, selling 2.5 million copies on its launch day. The game has received positive reviews and is expected to boost holiday season sales. Sony aims to sell 25 million PS5 units during the current fiscal year.

Portfolio Pulse from Franca Quarneti

October 24, 2023 | 4:57 pm

TM

Isuzu Motors and Toyota Motor are planning to mass produce a light hydrogen-powered fuel cell truck in the latter half of this decade. The vehicle will combine Isuzu's light truck body and Toyota's fuel-cell-vehicle technology. The production location is yet to be determined.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 4:56 pm

INTC

NVDA

NVIDIA is reportedly developing Arm-based chips, which could pose a challenge to Intel. This news has led to an increase in Arm shares.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 4:54 pm

NKGN

NKGen Biotech has received FDA clearance for its investigational new drug application for SNKO1 NK cell therapy for the treatment of moderate Alzheimer's Disease. This has led to a rise in the company's stock.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 4:47 pm

AMD

INTC

NVDA

Nvidia Corp is reportedly developing central processing units (CPUs) designed to support the Windows operating system, which could challenge Intel Corp and potentially impact Advanced Micro Devices, Inc. The move is expected to unlock a $30 billion TAM for Nvidia. The U.S. Government has informed Nvidia that additional export restrictions are effective immediately, impacting shipments of Nvidia’s A100, A800, H100, H800, and L40S products. However, the company does not anticipate a near-term meaningful impact on its financial results.

Portfolio Pulse from Anusuya Lahiri

October 24, 2023 | 4:43 pm

DIS

VRA

Vera Bradley Inc (NASDAQ:VRA) has partnered with Walt Disney Co (NYSE:DIS) and Pixar to launch a Toy Story-inspired collection. The collection includes four new patterns and is available in Vera Bradley Full Line Stores, participating Vera Bradley retailers, and online. Following the announcement, VRA shares are trading higher by 2.84% at $7.25.

Portfolio Pulse from Shivani Kumaresan

October 24, 2023 | 4:36 pm

BTCUSD

GREE

Greenidge Generation Holdings Inc (NASDAQ:GREE) shares are trading higher after Bitcoin (CRYPTO: BTC) reached $35,000 for the first time since 2022. The company's shares have gained 38% over the last month due to the rising price of Bitcoin and the potential approval of BlackRock's spot Bitcoin ETF. Greenidge operates a cryptocurrency data center that generates revenue in the form of Bitcoin.

Portfolio Pulse from Erica Kollmann

October 24, 2023 | 4:20 pm