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Phil Spencer, head of Xbox, has reaffirmed his commitment to maintaining '100 percent parity' for the Call of Duty franchise across all gaming platforms, following Microsoft's acquisition of Activision Blizzard. This includes PlayStation and potentially Nintendo. Spencer also clarified that Xbox does not intend to leverage Call of Duty to push players into purchasing Xbox consoles. The acquisition has raised questions about when games from Activision Blizzard will be available on Game Pass, with Spencer citing regulatory challenges and uncertainty during the acquisition process.

Portfolio Pulse from Franca Quarneti

October 18, 2023 | 5:04 pm

MSFT

RXT

Rackspace Technology (NASDAQ:RXT) has partnered with Straits Interactive to create an AI Data Protection Officer (DPO) Assistant on Microsoft Azure OpenAI Service. The AI DPO Assistant, one of the first in the Asia Pacific and Japan (APJ) region, is a chatbot powered by generative AI. It will enable organizations to harness generative AI for business transformation, guide organizations in data governance and navigating data protection requirements, and securely store data in a multicloud environment by Rackspace Technology.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 4:55 pm

ADDYY

Adidas (OTC:ADDYY) is partnering with 'The Simpsons' to launch a new line of sneakers. The designs are inspired by various elements of the popular animated series, including the iconic living room, the character Homer Simpson, and the show's opening clouds. The partnership shows no signs of slowing down as 2023 nears its end, with more releases planned for November.

Portfolio Pulse from Javier Hasse

October 18, 2023 | 4:29 pm

BYDDF

NIO

NIO Inc's shares are trading lower due to strong sales numbers from its China-based EV competitor, BYD Co Ltd. BYD delivered 286,903 vehicles in September, a 40% YoY increase, while Nio delivered 15,641 vehicles. BYD also expects a surge in net income this quarter due to record sales. Nio lost about $35,000 per vehicle last quarter as it continues to invest in R&D.

Portfolio Pulse from Adam Eckert

October 18, 2023 | 4:14 pm

ACXP

Acurx Pharmaceuticals, Inc. (NASDAQ:ACXP) shares are trading higher, despite being down more than 30% over the last month. The company last released news at the beginning of October, announcing positive results from a Phase 2b clinical trial of its lead antibiotic candidate, ibezapolstat. Shares of ACXP are moving higher on heavy trading volume, with more than 1.4 million shares traded in the session, far exceeding the stock's 100-day average of less than 544 thousand shares.

Portfolio Pulse from Erica Kollmann

October 18, 2023 | 4:10 pm

TSLA

Tesla Inc (NASDAQ:TSLA) has started deploying its new V4 Superchargers in the U.S. These charging stations are essential for the upcoming Cybertruck and for accommodating other electric vehicles. At least three new V4 Supercharger stations are currently under deployment in the U.S. The V4 Superchargers come with a cable that is three feet longer than its predecessors, which is critical for the charging experience of larger vehicles such as the Cybertruck.

Portfolio Pulse from Benzinga EV Insights

October 18, 2023 | 4:03 pm

AZN

AstraZeneca's stock is trading lower due to disappointing results from a late-stage trial of its experimental drug, datopotamab deruxtecan, for lung cancer patients. The data was worse than expected, with the drug only improving the time patients live without their disease worsening by 0.7 months compared to chemotherapy. The results did not drive excitement and are unlikely to result in any changes to forecast numbers for the drug.

Portfolio Pulse from Vandana Singh

October 18, 2023 | 3:57 pm

AMZN

Amazon has started delivering prescriptions using drones in College Station, Texas. Eligible Amazon Pharmacy customers can select 'free drone delivery in less than 60 minutes' at checkout. The service includes access to more than 500 medications and One Medical, a primary care service that combines virtual and in-person consultations. The drones fly over traffic, reducing transit time.

Portfolio Pulse from Nabaparna Bhattacharya

October 18, 2023 | 3:34 pm

KO

PEP

STZ

TAP

Coca-Cola (KO) has announced a partnership with Pernod Ricard to launch Absolut Vodka & Sprite, a ready-to-drink pre-mixed cocktail, in 2024. This move is part of Coca-Cola's ongoing strategy to expand into the alcoholic beverage sector through partnerships with alcohol manufacturers. The company has previously partnered with Brown Forman, Constellation Brands (STZ), and Molson Coors Beverage Company (TAP). Coca-Cola's share price has fallen 3% over the last year and 14% year-to-date, while its rival PepsiCo (PEP) has seen a 7% decrease over the last year and 11% year-to-date.

Portfolio Pulse from Chris Katje

October 18, 2023 | 3:24 pm

BGNE

BeiGene Ltd's Phase 3 RATIONALE 315 study met its dual primary endpoints, showing promising results for Non-Small Cell Lung Cancer (NSCLC) treatment. The study evaluated neoadjuvant tislelizumab plus platinum-based doublet chemotherapy. The tislelizumab-based regimen showed a significant improvement in pathological complete response and was well tolerated. BeiGene also announced positive results from the Phase 3 RATIONALE 305 trial for patients with advanced gastric or gastroesophageal junction adenocarcinoma. Despite the positive news, BGNE shares are down 2.39% at $167.45.

Portfolio Pulse from Vandana Singh

October 18, 2023 | 3:23 pm