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AAPL

Apple Inc. is considering using a new technology, micro-lens arrays (MLA), to make the iPhone 16's display brighter and more efficient. The technology, offered by Apple's display suppliers Samsung and LG, involves using billions of lenses inside the OLED panels to reduce reflections. However, there are two potential hurdles: the technology could reduce the display's field of view, degrading the user experience, and it could increase manufacturing costs.

Portfolio Pulse from Rounak Jain

September 01, 2023 | 11:30 am

LASE

Laser Photonics has highlighted the application of its CleanTech Laser Cleaning Tool for coating and overspray removal. The tool is used in various industries for surface preparation, mold cleaning, parts cleaning, and more.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 11:30 am

BABA

FXI

KWEB

Alibaba Group Holding Limited (NYSE:BABA) stock is trading higher along with iShares China Large-Cap ETF (NYSE:FXI) and KraneShares Trust KraneShares CSI China Internet ETF (NYSE:KWEB) due to China's expanding factory activity for August. The central bank has announced a cut in reserve requirements to boost the economy. Alibaba is also preparing for its Super September sale, with over 70 million products listed at their lowest price on Alibaba.com from the last 90 days.

Portfolio Pulse from Anusuya Lahiri

September 01, 2023 | 11:21 am

BITF

Bitfarms has reported mining 383 BTC in August 2023, marking an increase in its mining operations. The company also upgraded its Magog Farm with the installation of high-efficiency miners.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 11:06 am

TD

TD Asset Management Inc., a subsidiary of Toronto Dominion, has streamlined its suite of all-in-one TD ETF portfolio solutions. The move is aimed at simplifying investment options for clients.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 11:03 am

GSK

The Japanese Ministry of Health, Labor, and Welfare has accepted for review a supplementary new drug application for GSK's Nucala (Mepolizumab) for chronic rhinosinusitis with nasal polyps in adult patients.

Portfolio Pulse from Benzinga Newsdesk

September 01, 2023 | 11:00 am

XPEV

Chinese smart electric vehicle firm XPeng Inc reported a 43% YoY increase in August deliveries, with 13,690 Smart EVs delivered. The company's XPENG G6 model saw monthly deliveries of 7,068 units, surpassing the 10,000 mark in just 45 days. XPeng's shares are trading higher following the announcement.

Portfolio Pulse from Lekha Gupta

September 01, 2023 | 10:58 am

BTCUSD

GOOGL

Google (NASDAQ:GOOGL) has announced a 7-year strategic partnership with the government of El Salvador to expand its Cloud operations into the country. This marks the first time a Latin American government is leveraging cloud technology. El Salvador is the only nation to fully legalize Bitcoin (CRYPTO: BTC) as legal tender. The country has been actively embracing the crypto industry, granting a license to the cryptocurrency exchange Binance on August 8.

Portfolio Pulse from Mehab Qureshi

September 01, 2023 | 10:30 am

AAPL

Apple Inc. (NASDAQ:AAPL) has declared the 2017 MacBook Pro a 'vintage product', meaning it will no longer receive macOS updates. This comes ahead of the September 12 event and the expected launch of M3-powered MacBooks later this year. The 2017 MacBook Pro uses the ‘Butterfly' keyboard, which has had numerous reports of malfunctioning. Now that the product is 'vintage', Apple's authorized service centers may not have the spare parts available to service it.

Portfolio Pulse from Rounak Jain

September 01, 2023 | 10:25 am

TSLA

Tesla has launched its Model 3 refresh, codenamed Project Highland, in Europe, with deliveries expected to begin soon. The Model 3, Tesla's first mass-market model, was initially launched in 2017 and quickly became a top seller. Despite early production and financial challenges, Tesla derived much of its volume from the Model 3 until the launch of the Model Y SUV in 2020. The refreshed Model 3 has a 12% higher range than the original and 50% new parts. It is also 2-12% more expensive. A $1,000 investment in Tesla in July 2017 would now be worth $12,360.

Portfolio Pulse from Shanthi Rexaline

September 01, 2023 | 10:10 am