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Samsung's upcoming Galaxy S24 series could support the Generative AI wallpaper feature, thanks to Qualcomm's Snapdragon 8 Gen 3 chipset. The chipset offers improved CPU and GPU performance and power efficiency. It also supports Stable Diffusion for video captures, AI-powered 'Photo Expansion', and improved 5G connectivity. The Galaxy S24 series could also support 240 frames per second in games, requiring a 240Hz display.

Portfolio Pulse from Rounak Jain

October 24, 2023 | 9:19 am

AZN

The US FDA has accepted AstraZeneca's supplemental Biologics License Application (sBLA) for review. The application is for the approval of a self- or caregiver-administered option for FluMist Quadrivalent, a needle-free nasal spray flu vaccine. If approved, FluMist will be the first self-administered flu vaccine. The FDA's decision is expected in Q1 2024.

Portfolio Pulse from Charles Gross

October 24, 2023 | 8:40 am

SPCE

Virgin Galactic Holdings Inc (NYSE:SPCE) is preparing for its sixth spaceflight, Galactic 05, during which its spaceship will be converted into a suborbital space lab for research. The mission, set to open on Nov. 2, will include Dr. Alan Stern and Kellie Gerardi, who will collect physiological data and evaluate healthcare technologies in microgravity conditions. Virgin Galactic commenced commercial spaceline operations in June this year.

Portfolio Pulse from Anan Ashraf

October 24, 2023 | 8:18 am

GOOG

GOOGL

MSFT

A software engineer has found a workaround to bypass YouTube's stricter ad-blocking rules by using the Windows Phone user agent. This allows users to avoid the pop-up message that prompts them to disable their ad-blockers or pay for a premium subscription. Google, the parent company of YouTube, may rectify this in the future.

Portfolio Pulse from Rounak Jain

October 24, 2023 | 7:28 am

NVS

Novartis (NYSE:NVS) reported Q3 earnings of $1.74 per share, beating the analyst consensus estimate of $1.70 by 2.35%. This is a 10.13% increase from the same period last year. The company also reported quarterly sales of $11.78 billion, beating the analyst consensus estimate of $11.40 billion by 3.33%. However, this is a 6.08% decrease from the same period last year. Novartis also announced key innovation milestones, including positive Phase 3 data for multiple pipeline assets with blockbuster potential.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 7:14 am

SGMO

Sangamo Therapeutics is set to present pre-clinical data showcasing its epigenetic regulation for neurology and CAR-Treg research at the Annual Congress of the European Society of Gene & Cell Therapy.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 6:57 am

TSLA

Tesla, Inc. vehicles have been reported as the least stolen cars in the United States, largely due to the standard GPS tracking feature in all Tesla cars. The data comes from a report by the Highway Loss Data Institute, which analyzed over 40 million vehicles and 18,000 theft claims. The report revealed that Tesla cars, specifically the Model 3 and Model Y, topped the list of least stolen vehicles.

Portfolio Pulse from Benzinga Neuro

October 24, 2023 | 6:27 am

AAPL

META

MSFT

NVDA

Apple Inc. (AAPL) is lagging behind competitors Meta Platforms Inc. (META) and Microsoft Corporation (MSFT) in the generative AI race, according to analyst Ming-Chi Kuo. Apple's plans to procure 2,000 to 3,000 AI servers in 2023 and 18,000 to 20,000 units in 2024 represent only 1.3% and 5% of global AI server shipments respectively, falling short compared to Meta's planned purchase of 40,000 AI servers next year. Kuo suggests that Apple would need to invest several billion dollars annually to catch up with its competitors.

Portfolio Pulse from Ananya Gairola

October 24, 2023 | 5:49 am

FSR

TSLA

Fisker Inc (NYSE:FSR) has announced price adjustments for its Ocean SUV models. The high-end Ocean Extreme trim will now cost $7,500 less, while the Ocean Ultra and Sport trims will see price increases of $3,000 and $1,500 respectively. The new pricing will take effect from November 6. The price adjustments come as Fisker aims to stay competitive in the rapidly growing EV market, with the Ocean Extreme trim now priced close to Tesla Inc's (NASDAQ:TSLA) Model Y Performance.

Portfolio Pulse from Anan Ashraf

October 24, 2023 | 4:24 am

BTCUSD

STXUSD

Bitcoin Layer-2 Stacks (CRYPTO: STX) has surged 13% within the past 24 hours, with a 230% increase in trading volume, reaching $165 million. This surge coincides with Bitcoin's rise past $34,000, a level not seen since May 2022. The majority of STX trading occurred on exchanges such as Binance, KuCoin, and Coinbase. The price movements coincide with developments related to BlackRock’s anticipated spot Bitcoin ETF, the iShares Bitcoin Trust, which recently appeared on a list maintained by the Depository Trust and Clearing Corporation (DTCC).

Portfolio Pulse from Mehab Qureshi

October 24, 2023 | 3:59 am