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BCRX

BioCryst Pharmaceuticals received approval from the Brazilian Health Regulatory Agency for ORLADEYO (berotralstat) for prophylaxis of hereditary angioedema attacks in adults and pediatric patients aged 12 and above. This marks a significant milestone for the company, expanding its global footprint in the treatment of this rare condition.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 8:36 am

XPEV

XPeng and the Volkswagen Group have announced a framework agreement for technical collaboration focusing on electrical/electronic architecture. This partnership aims to leverage both companies' strengths in the electric vehicle (EV) sector.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 8:21 am

GGR

Gogoro and TSMC have announced three new mobility initiatives in Taiwan aimed at enhancing the country's focus on clean energy. These initiatives underscore both companies' commitment to environmental sustainability and clean energy solutions in Taiwan.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 8:03 am

CLVT

Clarivate has launched a new LATAM Market Tracking Solution, developed in partnership with Global Healthcare Intelligence. This innovative tool aims to enhance healthcare market analysis in Latin America, providing valuable insights for businesses and investors in the region.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 8:02 am

TSLA

Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk announced the removal of inventory discounts on Tesla cars in the U.S. to simplify the company's sales system, which he described as 'complex and inefficient'. This change excludes demo or used vehicles. The decision follows recent cost-cutting measures, including laying off 14,000 employees (10% of its global workforce) and the departure of senior executives Drew Baglino and Rohan Patel. Despite these changes, Tesla has avoided price cuts in the U.S. since early 2024, except for a temporary reduction on select Model Y versions in February. Recently, Tesla raised prices on all Model Y versions by up to $1,000.

Portfolio Pulse from Anan Ashraf

April 17, 2024 | 7:53 am

LOGI

Logitech has introduced a new, free tool designed to enhance the speed and fluency of prompts for OpenAI's ChatGPT. This innovation aims to improve user interaction with AI technologies, potentially increasing the efficiency and usability of AI-driven applications.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 7:50 am

BCLI

BrainStorm Cell Therapeutics announced management changes, including the promotion of Bob Dagher, MD, to Chief Medical Officer and the transition of Dr. Stacy Lindborg from Co-CEO to the Board of Directors, as it plans a registrational Phase 3b trial of NurOwn.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 6:54 am

WMT

Walmart has partnered with The Jessica Simpson Collection to introduce boho-chic styles into its fashion lineup, expanding its range of offerings.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 6:41 am

F

Ford Motor Co. celebrates the 60th anniversary of the Mustang, highlighting its enduring popularity and evolution. The Mustang, debuting in 1964, has sold millions and remains a cultural icon. In 2023, U.S. sales of the Mustang increased by 2.2%, with the electric Mustang Mach-E also seeing a sales jump. The first quarter of 2024 saw a shift with a decrease in gas-powered Mustang sales but a significant increase in Mach-E sales. Ford introduces a range of nine Mustang variants for 2024, including the competitively priced Mustang Mach-E.

Portfolio Pulse from Anan Ashraf

April 17, 2024 | 6:23 am

ASML

ASML reported that its Q1 net bookings amounted to €3.6 billion, with €656 million attributed to EUV technology orders.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 5:21 am