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AAPL

Apple Inc. (NASDAQ:AAPL) has released its first wide theatrical film, Martin Scorsese's 'Killers of the Flower Moon', in theaters worldwide. The film, which cost Apple nearly $250 million, will remain theater-exclusive for a few weeks. The film is expected to stream on Apple TV+ after 45 days, around Dec. 4. The theatrical release is part of Apple's strategy to attract and retain directors and actors, and to position Apple TV+ as a serious studio.

Portfolio Pulse from Rounak Jain

October 20, 2023 | 2:08 pm

MRK

Merck's KEYTRUDA plus concurrent chemoradiotherapy has shown significant improvement in progression-free survival in newly diagnosed, high-risk locally advanced cervical cancer patients. The treatment reduced the risk of disease progression or death by 30% compared to concurrent chemoradiotherapy alone. This is the first Phase 3 study where an immunotherapy regimen has demonstrated a significant PFS improvement in locally advanced cervical cancer.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 2:01 pm

F

South Korean battery manufacturer SK on Co. Ltd., a subsidiary of SK Innovation Co. Ltd., has raised approximately $944 million in May to expand its global production capacity. The company operates in the United States, South Korea, China, and Hungary, and aims to boost its production capacity to a minimum of 220 gigawatt-hours by 2025. SK on has secured over $3.3 billion in funding this year, surpassing its initial goal. The company also secured a loan of $1.5 billion from Hyundai Motor Co. and Kia Corp. and plans to use the credit to produce batteries for future Ford and Lincoln electric vehicles.

Portfolio Pulse from Aditi Ganguly

October 20, 2023 | 2:00 pm

BABA

BIDU

BYDDF

EH

TCEHY

XIACF

This week's top China tech stories include EHang Holdings Ltd. partnering with local government Hefei to build flying cars, AI start-up Baichuan receiving $300 million in funding from investors including Alibaba, Tencent, and Xiaomi, Baidu's Ernie chatbot advancing in AI terms, Chongqing Changan Automobile Co. Ltd. investing in a new-energy vehicle manufacturing plant in Thailand, and J&T Global Express Ltd. raising $501 million for a listing on the Hong Kong Stock Exchange.

Portfolio Pulse from Daniel Harrison

October 20, 2023 | 1:58 pm

GAN

GAN Limited (NASDAQ:GAN), a leading North American B2B technology provider of real money internet gaming solutions, has received regulatory approval from the Nevada Gaming Commission. This approval allows GAN to commence field trial operations of its GAN Sports betting platform in Nevada. The company plans to launch its product in the next few months.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 1:28 pm

VLCN

Volcon Inc. (NASDAQ:VLCN) has announced the commencement of low-volume production and production validation testing for its flagship product, the Stag UTV. The company's manufacturer, GLV Ventures, is building production validation units of Stag LTD, one of four trim levels being offered. The company plans to make initial shipments of approved production units to the US Army Corps of Engineers as part of a recent collaborative research and development agreement. The Stag is showing promising results including 0-60 performance which has been recorded at the top of its class.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 1:27 pm

AAPL

Apple Inc.'s 16-inch MacBook Pro with M1 Pro chip is now available at a $1,000 discount on Adorama. The MacBook Pro, launched in late 2021, features a 16.2-inch Liquid Retina XDR display, 32GB RAM, 512GB SSD, and is rated to deliver 21 hours of usage on a single charge.

Portfolio Pulse from Rounak Jain

October 20, 2023 | 1:16 pm

NUE

Nucor Corporation (NYSE: NUE) is considering potential sites in the Pacific Northwest to build a new rebar micro mill with an annual capacity of 650,000 tons. This would be Nucor's fourth rebar micro mill, joining its existing mills in Missouri and Florida and the mill currently under construction in North Carolina. The new mill would produce a full range of rebar sizes and have spooling capabilities. The rebar market is expected to show continued strength due to increased federal infrastructure spending.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 1:05 pm

AVDL

Avadel Pharmaceuticals has announced new data supporting the clinical profile for LUMRYZ, a once-at-bedtime narcolepsy treatment. The data, presented at World Sleep 2023, includes 17 abstracts emphasizing the clinical benefit and patient preference for LUMRYZ. The company will also host a symposium on October 24 discussing the evolution of the narcolepsy treatment landscape.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 12:39 pm

TM

TSLA

Toyota Motor Corporation (TM) has agreed to adopt Tesla's (TSLA) North American Charging Standard (NACS) for its battery electric vehicles (BEVs) starting in 2025. This will allow Toyota and Lexus customers in North America to access over 12,000 Tesla Superchargers. Additionally, customers with eligible Toyota and Lexus vehicles equipped with CCS will gain access to NACS charging via an adapter from 2025.

Portfolio Pulse from Nabaparna Bhattacharya

October 20, 2023 | 12:39 pm