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ORCL

Oracle has announced industry collaborations and new infrastructure offerings aimed at enhancing security and AI innovation. The company is working with industry partners to develop advanced security solutions and AI-driven applications.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 6:03 am

AAPL

Apple Inc.'s (NASDAQ:AAPL) iPhone users have reported significant battery drain issues after upgrading to iOS 17. The cause is attributed to the Spotlight search feature, which reindexes all files on the device after the update, leading to slower device performance and higher power consumption. However, this issue is expected to stabilize within a week once the reindexing process is complete.

Portfolio Pulse from Ananya Gairola

September 20, 2023 | 5:19 am

HTZ

TSLA

Tesla Inc (NASDAQ:TSLA) has announced that all its cars rented by Hertz Global Holdings Inc (NASDAQ:HTZ) in the U.S. will now have access to Tesla app. The app allows users to use keyless lock/unlock via phone key, remotely precondition the cabin, or track charge status. This move is seen as a way to enhance the EV experience for Hertz rental customers and build brand loyalty.

Portfolio Pulse from Anan Ashraf

September 20, 2023 | 4:51 am

AAPL

GOOG

GOOGL

Google's map usage on iPhones has significantly declined, recovering only 40% of its former mobile traffic since Apple switched to its own mapping service. This was revealed by Google's VP for finance, Michael Roszak, during the ongoing antitrust trial against Google. The U.S. Department of Justice has alleged that Google unlawfully maintained a monopoly over online search by securing default status on web browsers and smartphones.

Portfolio Pulse from Ananya Gairola

September 20, 2023 | 3:21 am

TSLA

Tesla CEO Elon Musk has showcased the upcoming Cybertruck as a significant departure from traditional auto design. The Cybertruck, which is anticipated to be delivered later this year, is an exoskeleton-based car made of cold-rolled stainless steel, contrasting with the endoskeleton-based designs of most cars. Musk's post on X, formerly Twitter, was in response to a discussion about the similarity in design among SUVs from various manufacturers.

Portfolio Pulse from Anan Ashraf

September 20, 2023 | 3:13 am

TSLA

CS Energy has unveiled a timelapse video of its $150 million Tesla Megapack project under construction in Queensland, Australia. The Megapack, launched in 2019, has become a preferred choice for utility-scale energy storage projects, boosting Tesla's energy storage capacity by 222% yearly. CS Energy's Chinchilla Battery system, which features a 200 MWh Megapack system, is a significant contributor to the Megapack's growth. The project is expected to enhance the state's use of renewable energy and stabilize the grid, with completion anticipated by the end of 2023.

Portfolio Pulse from Benzinga Neuro

September 20, 2023 | 3:12 am

TTOO

T2 Biosystems, Inc. (NASDAQ:TTOO) shares fell by over 26% on Tuesday following a surge on Monday after the FDA cleared the company's biothreat panel for commercial distribution. The company can now start marketing and selling the T2Biothreat Panel, a direct-from-blood molecular diagnostic test, in the U.S. market.

Portfolio Pulse from Ryan Gustafson

September 19, 2023 | 9:52 pm

AMZN

Josh Brown of Ritholtz Wealth Management has increased his stake in Amazon.com Inc (NASDAQ:AMZN), predicting the stock will head back towards all-time highs. Brown cites Amazon's growing role in AI, the compounding gross profit at a 20% CAGR since Q3 2020, and the increasing contribution of Amazon Web Services to total revenues (17% as of last quarter) as reasons for his optimism. He also notes that Amazon's stock is cheaper than it has been for most of the last three years and its fundamentals are improving.

Portfolio Pulse from Adam Eckert

September 19, 2023 | 8:47 pm

ACRV

Acrivon Therapeutics will highlight its ACR-368 OncoSignature test, used in an ongoing Phase 2 study to treat patients based on predicted sensitivity to monotherapy with its CHK1/2 inhibitor ACR-368, at the AACR-NCI-EORTC International Conference.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 8:34 pm

SLGC

SomaLogic, a US-based biotech company, has partnered with Korea's DNA Link to bring its 7,000-Plex SomaScan platform to the rapidly growing Asia-Pacific proteomics market. The partnership aims to leverage DNA Link's extensive network in the region to expand the reach of SomaLogic's proteomics technology.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 8:31 pm