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MSFT

Phil Spencer, the head of Microsoft Corporation's Xbox, has stated that a price hike for Xbox Game Pass is 'inevitable.' This follows a recent price increase for the service, justified as being in line with inflation and economic factors. The current pricing for Game Pass ranges from $9.99 to $16.99 per month, depending on the platform and package.

Portfolio Pulse from Franca Quarneti

September 25, 2023 | 5:26 pm

NVDA

NVDS

Nvidia Corporation (NASDAQ:NVDA) hinted at DLSS 10 delivering full neural rendering, causing a slight increase in its stock price. However, the company is settling into a possible bear flag pattern on the daily chart, suggesting a potential drop in stock price. The AXS 1.25x NVDA Bear Daily ETF (NASDAQ:NVDS) is a leveraged ETF that tracks 125% of the opposite daily performance of NVDA, offering a way to play Nvidia bearishly.

Portfolio Pulse from Melanie Schaffer

September 25, 2023 | 5:13 pm

TSLA

TSM

Tesla Inc is reportedly doubling its order for the Dojo supercomputer chip, D1, from Taiwan Semiconductor Mfg. Co. Ltd. The increased order would see the production of 10,000 units of the D1 chip, which is integral to the operation of Tesla's Dojo supercomputer. The partnership between the two companies is expected to expand further with increased orders into 2024 and 2025. The Dojo supercomputer plays a crucial role in developing Tesla's autonomous driving technology.

Portfolio Pulse from Benzinga EV Insights

September 25, 2023 | 4:28 pm

PFE

Pfizer has announced plans to intermittently distribute extra inventory not necessary for maintaining emergency order process to wholesalers and distributors. The first shipments of 13 medicines in production on the lines that have restarted are anticipated in Q4.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 4:09 pm

PFE

Pfizer has announced that the impact of a tornado on its Rocky Mount facility is expected to affect the supply of medicines until at least mid-2024. The company has begun storing non-production related materials in a new warehouse as a temporary replacement to its Hirise warehouse.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 4:07 pm

PFE

Pfizer Inc has announced the resumption of production at its Rocky Mount facility, including the launch of one line in the site's new sterile injectable manufacturing area, referred to as R3. However, it is noted that some medicines may not be back in full supply until next year.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 4:07 pm

NSANY

Nissan Motor Co (OTC:NSANY) plans to have all its new European models electric and aims for a fully electric vehicle (EV) lineup by 2030. The company is investing in its European Design and R&D teams and has unveiled the 'Concept 20-23', a sporty, urban EV concept. Nissan aims to launch 27 electrified vehicles, including 19 EVs, by 2030 under the Nissan Ambition 2030 initiative. The company anticipates that all-solid-state battery (ASSB) technology will reduce EV battery costs to $75 per kWh by 2028, with a target of $65 per kWh in the long run.

Portfolio Pulse from Shivani Kumaresan

September 25, 2023 | 3:55 pm

GSK

SCYX

Scynexis Inc (NASDAQ:SCYX) is recalling its antifungal pill, Brexafemme, and placing a hold on clinical studies due to the risk of cross-contamination with a potential allergy-inducing compound. This has led to a 34.40% drop in SCYX shares. In March, GSK plc (NYSE:GSK) and Scynexis entered an exclusive license agreement for Brexafemme.

Portfolio Pulse from Vandana Singh

September 25, 2023 | 3:53 pm

AMZN

COST

KR

TGT

Costco Wholesale Corporation (NASDAQ:COST) is expected to issue Q4 earnings of $4.79 on revenues of $77.86 billion. Analyst Joseph Feldman reiterated an Outperform rating on the stock with a $575 price target. Feldman is bullish about the transformative potential tech holds for the grocery sector, including advancements in in-store technologies, unified commerce, and supply chain automation. Costco, like Amazon.com, Inc (NASDAQ:AMZN), Kroger Co (NYSE:KR), and Target Corp (NYSE:TGT), is leveraging data and tech to monetize shopping insights, which is expected to be a multi-year source of profitability.

Portfolio Pulse from AJ Fabino

September 25, 2023 | 3:46 pm

JOBY

Joby Aviation has delivered its first aircraft to Edwards Air Force Base, approximately six months ahead of the expected 2024 delivery date. This has led to a rise in the company's stock.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 3:25 pm