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MRK

Merck has received a positive opinion from the European Union's Committee for Medicinal Products for Human Use (CHMP) for its drug PREVYMIS. The drug is intended for the prevention of Cytomegalovirus (CMV) disease in high-risk adult kidney transplant recipients and extended 200-day dosing in adult Hematopoietic Stem Cell Transplant (HSCT) recipients at risk for late CMV infection and disease.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 10:51 am

AAPL

DIS

NFLX

Apple Inc. is reportedly in the running to host Taylor Swift’s “Eras Tour” film on its streaming service, Apple TV+, competing with Netflix Inc. and Walt Disney Co’s Disney+ for exclusive rights. The film had a successful opening weekend at AMC Theaters, with ticket sales surpassing $95 million. Apple's history with Swift and its extensive background in video streaming and music through Apple Music could give it an advantage over its competitors.

Portfolio Pulse from Ananya Gairola

October 17, 2023 | 10:39 am

IDYA

Ideaya Biosciences has announced the publication of an abstract for a proffered paper session at the European Society of Medical Oncology Congress 2023. The abstract relates to selected data from an ongoing Phase 2 trial of Darovasertib plus Crizotinib for metastatic uveal.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 10:03 am

NIO

Chinese electric vehicle manufacturer, NIO Inc., has started deliveries of its ET5 sedan in Europe, starting with Germany, Sweden, the Netherlands, and Norway. The ET5 was first unveiled in January 2021 and has a range of over 1,000 km. The company has not disclosed the exact delivery count yet. Since June 16, NIO has delivered 11,677 ET5 units in China. The ET5 is priced differently in each European market, with the base price in Germany starting from 59,500 euros for the 75 kWh version.

Portfolio Pulse from Benzinga Neuro

October 17, 2023 | 9:57 am

AMD

Gamers are being banned from Counter-Strike 2 due to a feature in Advanced Micro Devices Inc.'s (NASDAQ:AMD) latest driver update. The Anti-Lag+ feature, introduced in the Adrenaline Edition 23.10.1 driver, improves frame syncing but is detected as tampering by the game, leading to bans. The issue also affects other games like Call of Duty: Modern Warfare 2, Apex Legends, and Call of Duty: Warzone 2. Gamers are advised to disable Anti-Lag+ until AMD issues a fix.

Portfolio Pulse from Rounak Jain

October 17, 2023 | 9:35 am

TSLA

Tesla Inc (NASDAQ:TSLA) is recalling nearly 55,000 of its Model X vehicles manufactured between 2021 and 2023 due to risks of reduced braking performance. The vehicle controller might not detect low brake fluid, and it will not display a warning light, increasing the risk of an accident. However, no injuries related to the issue have been reported as of Oct. 10. The company will fix the issue with an over-the-air update free of cost to the customer.

Portfolio Pulse from Anan Ashraf

October 17, 2023 | 9:31 am

TSLA

A fleet of Tesla's Cybertrucks was spotted at the company's Texas Gigafactory, sparking speculation of an imminent delivery event announcement. The test program for the Cybertruck, which has seen the vehicles distributed around the U.S. and as far as New Zealand for cold-weather testing, is one of Tesla's most extensive to date. Despite numerous sightings and a missed delivery event timeline last quarter, a launch date for the production model remains undisclosed. Observers speculate that Tesla may announce the delivery event in conjunction with the release of its Q3 earnings.

Portfolio Pulse from Benzinga Neuro

October 17, 2023 | 9:28 am

BIDU

Baidu, Inc. (NASDAQ:BIDU) has launched ERNIE 4.0, its next-generation AI foundation model, at its annual flagship technology conference Baidu World 2023. The new model offers enhanced AI capabilities and is expected to prompt a new wave of AI-native applications.

Portfolio Pulse from Charles Gross

October 17, 2023 | 9:28 am

EWJ

TM

Toyota has announced the suspension of two production lines at its Takaoka plant, one line at the Tsutsumi plant, and affected lines at Toyota Auto Body and Toyota Industries due to a fire at a supplier. Production at one line at the Gifu Auto Body plant has also been halted.

Portfolio Pulse from Charles Gross

October 17, 2023 | 9:21 am

AMZN

EZA

Amazon has announced the launch of Amazon.co.za in South Africa, scheduled for 2024.

Portfolio Pulse from Charles Gross

October 17, 2023 | 9:10 am