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LCID

Lucid Motors (NASDAQ:LCID) is planning to expand into the Chinese EV market and introduce mass-market electric vehicle models. The company has not yet established a timeline for this expansion. Lucid is also planning to expand its product range into lower-price categories, with a mid-sized car model potentially unveiled by 2026. This comes amid a difficult period for Lucid, which cut about 18% of its workforce in March due to declining demand and reported increasing net losses for the second quarter.

Portfolio Pulse from Benzinga Neuro

September 07, 2023 | 3:16 am

DOGEUSD

GOOG

MSFT

Elon Musk and Dogecoin co-creator Billy Markus have criticized Alphabet Inc.'s YouTube's decision to strip creators of some ad control options. YouTube plans to eliminate individual ad controls for pre-roll, post-roll, skippable, and non-skippable ads on new videos. Instead, creators will have a binary choice: ads before or after a video, with YouTube determining the type of ad to display. The decision has been met with backlash on social media, including Musk's X, formerly Twitter.

Portfolio Pulse from Ananya Gairola

September 07, 2023 | 2:13 am

AAPL

AMC

GME

PFE

TSLA

US stocks experienced a downward trend with Dow Jones declining by 0.57% and NASDAQ by 1.06%. The stocks that gained attention were GameStop, Apple, Pfizer, Tesla, and AMC. GameStop shares declined by 2.50% despite a Q2 net sales increase of 2.5%. Apple's shares decreased by 3.58% following China's ban on iPhones for government officials. Pfizer's stock declined by 2.85% after UK regulators approved an updated COVID-19 vaccine. Tesla shares dropped by 1.78% despite a 9.4% YoY increase in China sales. AMC shares plummeted by 36.80% after announcing an agreement to sell up to 40 million shares.

Portfolio Pulse from Benzinga Neuro

September 07, 2023 | 1:45 am

EA

Electronic Arts Inc (NASDAQ:EA) has announced a new game titled EA Sports WRC, officially licensed by the FIA World Rally Championship. The game, developed by Codemasters, will be available on PlayStation 5, Xbox Series X and S, and PC starting November 3, 2023. The game will feature 18 official FIA World Rally Championship locations and over 600km of stages, including various current and iconic rally cars. This marks EA's expansion into rally racing alongside its successful F1 series, further strengthening its presence in motorsport gaming.

Portfolio Pulse from Franca Quarneti

September 06, 2023 | 11:31 pm

PSFE

Paysafe Ltd. (NYSE:PSFE) and Eightcap are advancing their partnership with the introduction of an Embedded Trading Wallet solution for partners and merchants in the EU, scheduled for late 2023. The solution will bring together compliance expertise and payments and trading capabilities. This follows a 2016 partnership where Paysafe provided various payment options for Eightcap global traders. Paysafe's Q2 earnings showed a 6% Y/Y total revenue growth, with digital wallet use revenue increasing by 5%.

Portfolio Pulse from Khyathi Dalal

September 06, 2023 | 10:59 pm

T

AT&T has confirmed that it remains on track with all of its 5G and fiber network expansion commitments.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 9:39 pm

CMND

Clearmind Medicine (NASDAQ:CMND) has partnered with Johns Hopkins University School of Medicine to conduct a Phase I/IIa clinical trial on its proprietary MEAI-based compound CMND-100 for the potential treatment of Alcohol Use Disorder. The clinical program will involve a multinational, multi-center study in both healthy volunteers and people with AUD. This is the second US clinical site to join the trial, following Yale School of Medicine’s Department of Psychiatry.

Portfolio Pulse from Lara Goldstein

September 06, 2023 | 9:36 pm

BB

BlackBerry has reiterated its full-year outlook for its cybersecurity business unit. However, it has adjusted its IoT outlook to reflect factors including revised production schedules at certain automakers.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 9:32 pm

AWKNF

Awakn Life Sciences Corp. (OTC:AWKNF) has submitted a Clinical Trial Application (CTA) for a phase III clinical trial for its leading program, AWKN-P001, designed for the treatment of Severe Alcohol Use Disorder (SAUD). The trial will be conducted at ten UK National Health Service (NHS) sites and will involve 280 participants. The company expects to receive feedback on the CTA in the coming months and aims to commence treatment in late Q4 2023 or early Q1 2024.

Portfolio Pulse from The Dales Report

September 06, 2023 | 9:27 pm

NTDOY

Nintendo ADR (OTC:NTDOY) has confirmed that there will be no downloadable content (DLC) for The Legend of Zelda: Tears of the Kingdom, despite its commercial success. The company is shifting its focus to a new installment in the Zelda series. Nintendo also revealed its holiday hardware plans for 2023, which include the return of the Mario Kart 8 Deluxe Nintendo Switch bundle and two new Nintendo Switch Lite bundles. The company does not plan to lower the price of the seven-year-old Nintendo Switch hardware.

Portfolio Pulse from Franca Quarneti

September 06, 2023 | 9:23 pm