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BIIB

ESALY

LLY

LuMind CEO Hampus Hillerstrom is advocating for access to Alzheimer's drugs made by Eisai Co Ltd (OTC:ESALY)/ Biogen Inc's (NASDAQ:BIIB) and Eli Lilly And Co's (NYSE:LLY) for people with Down syndrome. Hillerstrom is at odds with neurologists who recommend against immediate use, citing untested safety risks. Advocacy groups are lobbying Eisai and Lilly to conduct safety trials specifically for Down syndrome and for Medicare policy changes to ensure these individuals are not disqualified from treatment reimbursements.

Portfolio Pulse from Vandana Singh

October 10, 2023 | 4:35 pm

MRK

Merck & Co Inc reported positive topline data from the Phase 3 KEYNOTE-671 trial investigating Keytruda, its lead cancer drug, as a treatment for certain types of non-small cell lung cancer. The study met its dual primary endpoint of overall survival. Full results will be presented at the European Society for Medical Oncology Congress 2023. The FDA has accepted Merck's new supplemental marketing application with a target action date of October 16, 2023.

Portfolio Pulse from Vandana Singh

October 10, 2023 | 4:30 pm

BTCUSD

HOOD

Robinhood Markets (NASDAQ:HOOD) is focusing on the next generation of investors by offering 24/7 trading, crypto, and savings offerings. The company has improved its customer service and now offers 24/7 support. Robinhood has also launched retirement accounts and a securities lending program. The platform allows trading of several cryptocurrencies, with Bitcoin being the most popular recurring investment. Robinhood is among the brokerages that have launched extended trading hours for multiple stocks and ETFs.

Portfolio Pulse from Chris Katje

October 10, 2023 | 4:28 pm

QCOM

Qualcomm Technologies has introduced a new naming architecture for its next-generation PC platforms, the Snapdragon X Series. The Snapdragon X Series will deliver improved performance, AI, connectivity, and battery life. The new platforms will utilize Qualcomm's next-generation custom Oryon CPU, which will provide a significant improvement in performance and power efficiency. The new naming convention and visual design system were developed following extensive analysis, consumer research, and feedback from the PC ecosystem.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 4:05 pm

KO

Coca-Cola North America and Reyes Coca-Cola Bottling have renewed a multiyear partnership with AEG, a leading sports and live entertainment company. The new agreement includes the launch of a first-of-its-kind, music-driven 'Coke Studio' at Crypto.com Arena. Coca-Cola will remain the official beverage partner throughout the L.A. LIVE entertainment district and of the LA Kings. The deal also makes Coca-Cola the exclusive soft drink partner of an increased number of leading AEG Presents music festivals.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 4:04 pm

ADBE

Adobe (NASDAQ:ADBE) has unveiled a series of AI innovations at Adobe MAX 2023, the world's largest creativity conference. The company introduced three new models in its Firefly family of creative generative AI models, over 100 new features across Adobe Creative Cloud applications, and Adobe GenStudio, a solution to accelerate enterprise content supply chains. Adobe also announced the general availability of Photoshop on the web and new AI-powered editing capabilities in Lightroom.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 4:03 pm

ADBE

Adobe (NASDAQ:ADBE) announced over 100 major innovations and updates across Creative Cloud at Adobe MAX, the world's largest creativity conference. The updates include AI-powered features in Adobe Illustrator, Adobe Photoshop, Adobe Lightroom, Adobe Premiere Pro, Adobe After Effects, and Adobe Stock. Adobe also introduced new Firefly-powered workflows in Illustrator and Adobe Express. The company also announced the general availability of Photoshop on the web, AI-powered Text-Based Editing in Premiere Pro, and Roto Brush in After Effects.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 4:02 pm

ADBE

Adobe (NASDAQ:ADBE) has unveiled the next generation of its Firefly creative generative AI models at Adobe MAX. The new models include Adobe Firefly Image 2 Model, Adobe Firefly Vector Model, and Adobe Firefly Design Model. These models bring advancements in imaging, design, and vector generation, setting new industry standards for output quality and user control. The Firefly Image 2 Model has generated over 3 billion images since its beta launch in March. Adobe and NVIDIA have announced plans to make Firefly available as APIs in NVIDIA Omniverse.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 4:01 pm

SLS

SELLAS Life Sciences Group has received FDA Orphan Drug Designation for its Acute Myeloid Leukemia treatment. This designation provides certain benefits, including tax credits for clinical testing.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 3:49 pm

NFLX

Netflix, Inc. (NASDAQ:NFLX) is ending its free mobile plan in Kenya, which allowed users to access a quarter of its content for free over the past two years. The company is introducing a new ad-supported plan priced at $6.07 per month. However, there is no confirmation of its availability in Kenya. Despite reducing subscription costs, Netflix has faced challenges in expanding its footprint in India. The company is focusing on creating local content to attract African audiences.

Portfolio Pulse from Nabaparna Bhattacharya

October 10, 2023 | 3:44 pm