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TSLA

Tesla Inc. has launched a new feature called 'Driver Drowsiness Warning' that uses the cabin camera to monitor the driver's alertness. The feature, which is not yet included in the North American owner’s manual, is activated when driving over 65 km/h for at least 10 minutes with Autopilot disengaged. Despite the new feature, Tesla warns users not to rely on it for safe control of the vehicle.

Portfolio Pulse from Benzinga Neuro

October 18, 2023 | 3:10 am

BNOX

Bionomics Ltd. (NASDAQ:BNOX) has received support from the FDA to proceed with Phase 3 studies for its lead drug asset BNC210, aimed at treating Social Anxiety Disorder (SAD). The drug has already completed Phase 2 studies with positive results and holds a fast-track designation from the FDA. The Phase 3 clinical program is set to begin dosing in Q1 2024.

Portfolio Pulse from Lara Goldstein

October 18, 2023 | 2:28 am

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New York's legal weed shops have generated $83 million in sales year-to-date, despite licensing issues and a thriving illicit market. The state plans to open five more retail shops and is expanding the market by opening a 60-day application window for over 1,000 new licenses. The Office of Cannabis Management (OCM) has also filed emergency regulations to expand its enforcement abilities against unlicensed cannabis retailers. Medical marijuana operators in New York, including Cannabist Company Holdings Inc, Curaleaf Holdings, MedMen Enterprises, Acreage Holdings, Green Thumb Industries, and PharmaCann, are ready to begin retail recreational sales at their existing dispensaries as early as Dec. 29.

Portfolio Pulse from Maureen Meehan

October 18, 2023 | 2:03 am

ARDX

Ardelyx, Inc. (NASDAQ:ARDX) announced that the U.S. Food and Drug Administration (FDA) has approved XPHOZAH (tenapanor), the first and only phosphate absorption inhibitor, indicated to reduce serum phosphorus in adults with chronic kidney disease (CKD) on dialysis. XPHOZAH is a single tablet taken twice daily that offers a first-in-class mechanism of action that blocks phosphate absorption through its primary pathway.

Portfolio Pulse from Charles Gross

October 17, 2023 | 11:03 pm

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TSLA

Elon Musk's plan to colonize Mars through SpaceX faces several scientific challenges, including lack of sufficient carbon dioxide for terraforming, absence of a magnetic core to retain protective gases, and high radiation levels. Transporting humans to Mars is also a significant hurdle, with only 40% of Mars missions having successfully landed. Alphabet Inc owns a stake in SpaceX, and other publicly traded alternatives include Rocket Lab USA Inc, Virgin Galactic Holdings Inc, and ARK Space Exploration & Innovation ETF.

Portfolio Pulse from Adam Eckert

October 17, 2023 | 10:16 pm

NFLX

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Netflix Inc is reportedly in talks with Take-Two Interactive Software, Inc., the publisher of the Grand Theft Auto (GTA) franchise, to secure licensing rights for a GTA-themed game. This move is part of Netflix's efforts to bolster its Netflix Games service. The company has already invested around $1 billion in its gaming venture and is looking to hire more game executives to explore AAA game development.

Portfolio Pulse from Franca Quarneti

October 17, 2023 | 10:03 pm

NVDA

NVIDIA has stated that the additional licensing requirements for exports to China and other countries, imposed by the Interim Final Rule, will not have a significant impact on their financial results due to the strong demand for their products worldwide. The rule affects the export of certain integrated circuits, including the A100, A800, H100, H800, L40, L40S, and RTX 4090.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 9:42 pm

TSLA

Tesla Inc (NASDAQ:TSLA) has launched the Cyberquad, a small electric toy version of the Cybertruck, in Europe. The vehicle, recommended for children aged 8 to 12, sold out in the U.S. in under 24 hours but was later recalled and banned in October 2022. The Cyberquad is now available in the Tesla online store for Europe at a price of 1,990 Euros, or around $2,105 in U.S. dollars.

Portfolio Pulse from Chris Katje

October 17, 2023 | 9:33 pm

LSDI

Lucy Scientific Discovery Inc. (NASDAQ:LSDI) reported its full-year results for the period ended June 30, 2023, showing an increase in operating expenses and a rise in accumulated deficit to over $44M. The company also reported net product sales of $7,048, primarily from sales of its new microdose mushroom capsules. Despite new M&As and partnerships, the company's deficit increased during the yearly period.

Portfolio Pulse from Lara Goldstein

October 17, 2023 | 9:19 pm

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The US vape market saw a 3% YoY growth in Q3 2023, with vape sales constituting nearly a quarter of the US cannabis market. However, price deflation and the rise of disposable vapes pose challenges. Vape parts suppliers, including CCELL distributors (OTC:SMORF), Advanced Vapor Devices (AVD), and ALD, the supplier for STIIIZY, have a market opportunity estimated at around $700 million. CCELL distributors, such as Jupiter Research (OTC:TLLTF) and Greenlane Holdings (NASDAQ:GNLN), have reportedly lost shares to AVD, ALD, and other smaller suppliers.

Portfolio Pulse from Nicolás Jose Rodriguez

October 17, 2023 | 9:14 pm