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GILD

Gilead Sciences, Inc. (NASDAQ:GILD) has announced the first Phase 2 clinical trial in Europe, PURPOSE 5, to evaluate an investigational long-acting HIV prevention option. The study will compare the use of lenacapavir with emtricitabine/tenofovir disoproxil fumarate (F/TDF) in people who may benefit from pre-exposure prophylaxis (PrEP) and who are not currently taking PrEP. The trial will focus on recruiting participants from groups in France and the UK that are disproportionally affected by HIV and often underrepresented in clinical trials.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 7:12 am

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Roche's Genentech announced results from the primary analysis of the Phase III ALINA study. The data showed an improvement in disease-free survival in early-stage resected ALK-positive non-small cell lung cancer (NSCLC). This is significant as about half of people with early-stage NSCLC experience disease recurrence following surgery, despite adjuvant chemotherapy. The data will be presented during an ESMO 2023 Presidential Symposium.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 7:04 am

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NVDA

NVIDIA has partnered with Foxconn to drive the AI industrial revolution with new factories and systems. The partnership aims to leverage NVIDIA's AI and computing capabilities with Foxconn's manufacturing expertise.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 7:02 am

TAK

Takeda Pharmaceutical Company Limited (TAK) announced the topline results of its Phase 3 ADMIRE-CD II trial of Alofisel in complex Crohn's perianal fistulas. The detailed results and data analysis are yet to be released.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 6:55 am

WDS

Woodside Energy reported 3Q23 revenue of $3.269B, down 44% YoY but up 6% sequentially. The company delivered quarterly production of 47.8 MMboe (520 Mboe/day), up 8% sequentially. Sales volume was up 10% from Q2 2023, primarily due to higher production. The company also achieved first production at Shenzi North in September 2023, ahead of the 2024 target.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 6:45 am

TSLA

A photo of Tesla's Cybertruck fitting into a standard garage has sparked online discussions. During Tesla's Q2 earnings call, CEO Elon Musk stated that the Cybertruck, which is designed to fit into a 20-foot garage, would have a length of under 19 feet. The delivery event for the Cybertruck is expected this year, but Tesla has not disclosed further specifications. It is speculated that the Cybertruck might weigh less than Rivian's R1T and GM's Hummer EV.

Portfolio Pulse from Anan Ashraf

October 18, 2023 | 6:33 am

MSFT

Microsoft CEO Satya Nadella emphasized the importance of empathy as a critical skill for leaders. He believes empathy-driven leadership can significantly enhance team members’ career progression and is key to driving innovation. Nadella's viewpoint on empathy has been deeply shaped by his personal experiences, particularly as a parent to a child with disabilities. His emphasis on empathy in leadership is consistent with his approach to various global issues and his vision of the future of Artificial Intelligence.

Portfolio Pulse from Benzinga Neuro

October 18, 2023 | 6:09 am

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Amazon.com Inc (NASDAQ:AMZN) announced that it has over 10,000 Rivian Automotive Inc's (NASDAQ:RIVN) electric delivery vans (EDV) on U.S. roads. Amazon intends to have 100,000 Rivian EDVs in its fleet by 2030. Amazon placed an order for 100,000 EDVs from Rivian in 2019, with Rivian delivering solely to Amazon for four years after initial deliveries.

Portfolio Pulse from Anan Ashraf

October 18, 2023 | 4:58 am

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MSFT

Amazon Inc. (NASDAQ:AMZN) is reportedly planning to become a significant user of Microsoft Corporation’s (NASDAQ:MSFT) 365 cloud productivity tools, committing over $1 billion for more than one million Microsoft 365 licenses over five years. The transition could commence in early November, with Amazon employees expected to be fully migrated to Microsoft 365 by early 2024. This move marks a significant departure from the traditional rivalry between the two tech giants.

Portfolio Pulse from Ananya Gairola

October 18, 2023 | 4:54 am

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TSLA

BMW, along with its subsidiaries Mini and Rolls-Royce, plans to incorporate Tesla's electric vehicle charging standard in its future EVs. Owners of electric vehicles equipped with the Combined Charging System (CCS) outlet will gain access to Tesla’s Supercharger network in early 2025. BMW will also begin manufacturing EVs with Tesla’s charging standard integrated into the vehicle that same year.

Portfolio Pulse from Benzinga Neuro

October 18, 2023 | 3:56 am