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NXU

Nxu has announced its first megawatt+ charging site along a major highway corridor, aiming to provide a charging experience for consumer and commercial EVs traveling between Phoenix and Los Angeles.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 10:39 am

AAPL

GOOGL

META

MSFT

Apple Inc. (AAPL) is planning major product launches for 2024, including 'Apple GPT', a 10-year anniversary special Apple Watch Series X, and larger iPhones. The company is also entering the generative AI race with 'Apple GPT', a chatbot solution, and a large language model called Ajax. Apple's AI initiatives will compete with Microsoft (MSFT), Alphabet (GOOG, GOOGL), and Meta Platforms (META). Other anticipated releases include M3-powered Macs, a refreshed iPad lineup, and accessory upgrades.

Portfolio Pulse from Rounak Jain

September 18, 2023 | 10:09 am

LICY

Li-Cycle and Glencore International, a subsidiary of Glencore, have announced a two-phase approach to the Portovesme Hub project in Italy. The project aims to expedite the production of battery-grade lithium carbonate. Phase 1 is designed to process up to 11,000 tonnes of black mass annually, while Phase 2 is planned for 50,000 to 70,000 tonnes of expected annual processing capacity.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 10:05 am

EXPE

Philippine Airlines has launched a new travel website, PAL Holidays, powered by Expedia Group's White Label Template technology. The platform, which is now live in the US, Canada, Australia, and the Philippines, offers a comprehensive platform for travel needs, including flights, hotels, transportation, and activities.

Portfolio Pulse from Charles Gross

September 18, 2023 | 10:03 am

NVS

Novartis' Sandoz unit has received a positive opinion from the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA), recommending marketing authorization for their biosimilar trastuzumab, developed by EirGenix, Inc. The treatment covers HER2-positive breast cancer and metastatic gastric cancers.

Portfolio Pulse from Charles Gross

September 18, 2023 | 8:43 am

GSK

The FDA has approved GSK's Ojjaara (Momelotinib) for intermediate or high-risk myelofibrosis in adults with anemia. This makes Ojjaara the only approved medicine for both newly diagnosed and previously treated myelofibrosis patients.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 8:42 am

KARS

TSLA

Tesla investor Ross Gerber has highlighted rising gas prices as an additional incentive to buy electric vehicles (EVs). Gerber's comments come amid a sharp rise in energy prices, triggered by Saudi Arabia and Russia's decision to extend production cuts. The nationwide average price of regular-grade gasoline is currently at $3.876 a gallon, up from $3.682 a year ago. Gerber suggests that the price hikes give 'even more incentive to buy an EV'. The KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) ended Friday’s session down 0.54% at $29.36.

Portfolio Pulse from Shanthi Rexaline

September 18, 2023 | 8:22 am

AAPL

Apple Inc.'s iPhone 15 Pro is facing decreased demand while the Pro Max model is demonstrating remarkable sales performance, according to analyst Ming-Chi Kuo. The iPhone 15 Pro Max demand has surpassed expectations, potentially driven by advanced features and a robust fan following. However, production delays and difficulties have contributed to limited shipments. Kuo remains optimistic about his previous prediction that Apple will sell 80 million units of the iPhone 15 series this year.

Portfolio Pulse from Ananya Gairola

September 18, 2023 | 8:19 am

GILD

Kite, a Gilead Company, has announced results from its Phase 2 ALYCANTE study of Yescarta CAR T-Cell Therapy for R/R Large B-cell Lymphoma. The results are promising and could potentially lead to a new treatment option for patients.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 8:09 am

AAPL

MSFT

QCOM

Apple Inc. is confident that its A17 Pro-powered iPhone 15 Pro and iPhone 15 Pro Max will outperform Sony's PlayStation and Microsoft Corp.'s Xbox gaming consoles. The company's executives highlighted the performance gains of the A17 Pro chipset in an interview with IGN. Benchmarks on Geekbench revealed that the iPhone 15 Pro outperformed Samsung's upcoming flagship, the Galaxy S24, powered by Qualcomm Inc.’s Snapdragon 8 Gen 3 chipset, by a 30% margin.

Portfolio Pulse from Rounak Jain

September 18, 2023 | 7:48 am