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AAPL

Apple Inc (NASDAQ:AAPL) announced a range of new products and features at the Wonderlust event, including revamped AirPods Pro, carbon-neutral Apple Watches, and a new lineup of iPhones. The company also announced its goal to make all its products carbon neutral by 2030. The new products feature advanced technology and eco-friendly materials.

Portfolio Pulse from AJ Fabino

September 12, 2023 | 7:16 pm

SLRN

Acelyrin Inc's lead program, izokibep, failed to meet the primary endpoint in a Phase 2b/3 trial for Hidradenitis Suppurativa (HS). Despite this, HC Wainwright analyst Emily Bodnar remains optimistic about the second Phase 3 study and potential Psoriatic Arthritis (PsA) data in 1Q24. The analyst lowered the price target from $44 to $30 but maintained a Buy rating. Acelyrin's shares are down 56.90%.

Portfolio Pulse from Vandana Singh

September 12, 2023 | 6:57 pm

TEVA

Teva Pharmaceutical Industries Ltd (NYSE:TEVA), the primary producer of Adderall, faced shortages last year due to a lack of factory workers. The shortage led customers to seek other options, depleting supplies from competitor companies. Despite calls from the U.S. government to increase production, major players, including Teva, have announced no plans to enhance their output. The U.S. Drug Enforcement Administration imposes limits on ADHD medication production, which some producers argue prevent them from fully addressing demand.

Portfolio Pulse from Vandana Singh

September 12, 2023 | 6:53 pm

TSLA

Tesla's venture into supercomputing with their Dojo supercomputer has led Morgan Stanley analysts to predict a $600 billion increase in the company's market value. This news resulted in a 10% increase in Tesla's stock in a single day. Morgan Stanley upgraded their stock rating from 'equal-weight' to 'overweight' and set a target for the company's shares within the next 12-18 months, increasing the target by 60% to $400.

Portfolio Pulse from Zaheer Anwari

September 12, 2023 | 6:48 pm

NIO

NIO Inc. (NYSE:NIO) shares are trading higher due to the upcoming release of its newest electric vehicle, the EC6, on September 15. The new EC6 SUV EVs have already arrived at Nio's showrooms and test drives will be available starting on the release date. Despite a 20% drop over the last month, NIO's stock remains up more than 35% over the last three months.

Portfolio Pulse from Erica Kollmann

September 12, 2023 | 6:40 pm

AAPL

QCOM

Apple Inc. has announced the iPhone 15 series, featuring a USB-C port, periscope camera, and more. The iPhone 15 price starts at $799, with the top-tier iPhone 15 Pro Max price starting at $1,199. The new phones also feature a 48MP primary camera, a Dynamic Island replacing the boat-shaped notch, and a customizable Action button. The iPhone 15 and iPhone 15 Plus are powered by the A16 Bionic chipset, while the iPhone 15 Pro and iPhone 15 Pro Max get a new A17 Pro silicon. Apple also uses Qualcomm Inc.'s modem.

Portfolio Pulse from Rounak Jain

September 12, 2023 | 6:35 pm

NBIX

Neurocrine Biosciences Inc (NASDAQ:NBIX) announced positive topline data from the Phase 3 CAHtalyst Adult Study evaluating crinecerfont in adults with classic congenital adrenal hyperplasia (CAH). The study met its primary endpoint at Week 24, demonstrating that treatment with crinecerfont resulted in a statistically significant reduction in daily glucocorticoid dose versus placebo. The company's shares are up 7.82% at $118.21.

Portfolio Pulse from Vandana Singh

September 12, 2023 | 6:33 pm

HUMA

Regenerative medicine firm Humacyte Inc (NASDAQ:HUMA) has released promising topline results from its V005 Phase 2/3 trial of the Human Acellular Vessel (HAV) in vascular trauma repair. The HAV showed higher rates of patency and lower rates of amputation and infection than historic synthetic graft benchmarks. Humacyte plans to file a Biologics License Application for vascular trauma with the FDA during Q4 of 2023. Following the news, HUMA shares are up 8.11% at $4.00.

Portfolio Pulse from Vandana Singh

September 12, 2023 | 6:31 pm

AAPL

Apple has introduced new 6TB and 12TB plans for its iCloud storage service. This move is expected to attract more users and increase revenues from the service.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 6:20 pm

AAPL

The upcoming iPhone 15 Pro and iPhone 15 Pro Max models are expected to be priced at $999 and $1,199 respectively.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 6:19 pm