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HOG

Harley Davidson Australia is recalling thousands of Softail motorbikes made between 2017 and 2023 due to a potentially fatal flaw. The rear shock absorber adjuster mounting bolt may break, causing damage to the rear tyre and a loss of pressure. This could result in loss of vehicle control and increase the risk of an accident. There are approximately 3,676 such motorbikes in circulation in Australia.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 3:01 pm

ORCL

UBER

Uber Technologies Inc (UBER) and Oracle Corp (ORCL) have announced a new offering called Collect and Receive, which connects retailers and consumers to enhance last mile delivery. The service is supported by Oracle's retail data store and cloud platform technologies. This announcement builds on Uber's previously announced seven-year strategic cloud partnership with Oracle. Uber shares were up 0.57% at $46.77 at the time of publication.

Portfolio Pulse from Adam Eckert

September 19, 2023 | 2:54 pm

FXI

SPY

US Commerce Secretary Raimondo stated that there is no evidence that Huawei can produce advanced smartphones at scale, according to Reuters.

Portfolio Pulse from Charles Gross

September 19, 2023 | 2:53 pm

EWL

MRNA

Moderna Inc has announced that it expects to absorb the demand currently supported by Lonza at its internal manufacturing site in Norwood, MA for 2024–2025.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 2:46 pm

EWL

MRNA

Moderna has announced plans to reduce production of mRNA drug substance for its Covid-19 vaccine at Lonza's site in Visp, Switzerland, in Q3 2023.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 2:46 pm

OBIO

Orchestra BioMed has received FDA approval for an investigational device exemption to start its global BACKBEAT study. The study will evaluate BackBeat CNT for hypertension in pacemaker patients, which has led to a rise in the company's stock.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 2:44 pm

BLNK

CHPT

Former President Donald Trump has warned that the future of America's automotive industry looks bleak, with all electric vehicles (EVs) likely to be made in China. Despite this, two EV stocks, ChargePoint Holdings Inc. (NYSE:CHPT) and Blink Charging Co. (NASDAQ:BLNK), are poised to benefit regardless of where the cars are made. Both companies focus on the EV charging business, with ChargePoint's network having over 255,000 activated ports and Blink operating a proprietary cloud-based software for its charging stations.

Portfolio Pulse from Jing Pan

September 19, 2023 | 2:35 pm

ELWS

Earlyworks Co., Ltd. (NASDAQ:ELWS) has announced the launch of Phase 1 of the System Development Kit (SDK) package for its proprietary private blockchain technology, Grid Ledger System (GLS), by the end of October 2023. The SDK Phase 1 is designed to serve corporate clients with high processing speed, user-friendliness, and reduced implementation costs. Several major Japanese companies have shown interest in SDK Phase 1. The CEO of Earlyworks believes that the launch will expand their business and increase their client base.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 2:31 pm

ASTS

AST SpaceMobile has successfully made the first-ever 5G connection for voice and data between an unmodified smartphone and a satellite in space. This has led to a rise in the company's shares.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 2:28 pm

META

Facebook CEO Mark Zuckerberg has announced the creation of a new AI non-profit organization. The goal of this organization is to build a virtual cell to predict how every cell in the human body will behave, whether healthy or diseased.

Portfolio Pulse from Happy Mohamed

September 19, 2023 | 2:23 pm