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INFY

MSFT

Infosys is collaborating with Microsoft to develop solutions that leverage Infosys Topaz, Azure OpenAI Service and Azure Cognitive Services. The partnership aims to enhance enterprise functions with AI-enabled solutions across multiple industries, accelerating the democratization of data and intelligence to boost productivity and drive revenue growth.

Portfolio Pulse from Charles Gross

September 26, 2023 | 10:08 am

WATT

Energous Corporation has signed a deal with InPlay Inc. to launch low maintenance wireless sensors for IoT industrial applications. The partnership aims to leverage Energous' WattUp wireless charging technology to power InPlay's IoT devices.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 10:06 am

IDYA

Ideaya Biosciences has received Fast Track designation from the FDA for its drug IDE161. The drug is intended for pretreated, platinum-resistant advanced or metastatic ovarian cancer patients with BRCA1/2 mutations.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 10:04 am

KBR

KBR has secured a contract to provide technology licensing, proprietary engineering design and equipment, catalyst and FEED for up to 1000 MW plant capacity at the Stanlow Manufacturing Complex. The terms of the contract were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 10:03 am

IMVT

Immunovant, Inc. (NASDAQ:IMVT) announced positive results from a Phase 1 clinical trial of IMVT-1402, a potential treatment for autoimmune diseases. The trial showed dose-dependent reductions in IgG in healthy adults, with no dose-related changes in serum albumin or LDL-C. The company also released initial results for the 300 mg cohort of the MAD study ahead of schedule, showing a mean total IgG reduction from baseline of 63%.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 10:02 am

AAPL

OnePlus is working to bring Apple's Dynamic Island to its phones with the OxygenOS 14 update. The first OxygenOS 14 beta shows that this Dynamic Island styling has been implemented only for the screen recorder controls. The OnePlus 11 will be the first smartphone to get the OxygenOS 14 update based on Android 14. The final release is expected in November.

Portfolio Pulse from Rounak Jain

September 26, 2023 | 9:51 am

ASML

EWJ

ASML, a semiconductor equipment maker, plans to establish a base in Hokkaido, Japan to support its Rapidus plant. The company will also open a new tech support center in Chitose, Hokkaido in the second half of 2024, according to a report by Nikkei cited by Reuters.

Portfolio Pulse from Charles Gross

September 26, 2023 | 9:07 am

TSLA

Tesla CEO Elon Musk has hinted at adding Cybertruck-inspired diapers to the company's merchandise. This comes in response to a user's meme on a potential population crisis, a topic Musk has previously warned about. It's unclear whether Musk intends to follow through with this idea. Tesla, along with Musk's other companies, have been known to sell unique products, including tequila in a lightning bolt-shaped bottle and a perfume that smells like burnt hair.

Portfolio Pulse from Anan Ashraf

September 26, 2023 | 9:05 am

NVS

Novartis' Sandoz division has received European approval for Tyruko (Natalizumab), the first and only biosimilar for multiple sclerosis in Europe. The authorization covers treatment as a single disease-modifying therapy in adults with highly active relapsing-remitting multiple sclerosis.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 8:21 am

COST

CTAS

PROF

SCVL

SNX

TD SYNNEX Corporation is expected to report quarterly earnings of $2.48 per share on revenue of $14.11 million. Profound Medical Corp. has received FDA 510(k) clearance for TULSA-PRO Thermal Boost. Cintas Corporation is expected to have earned $3.67 per share on revenue of $2.34 billion. Shoe Carnival has appointed Patrick Edwards as CFO. Costco Wholesale Corporation is expected to post quarterly earnings at $4.79 per share on revenue of $77.90 billion.

Portfolio Pulse from Lisa Levin

September 26, 2023 | 8:18 am