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AMD

Advanced Micro Devices (AMD) is attracting investor attention as it prepares to launch its Radeon RX 7800 and RX 7700 series graphics cards. The company has also launched a new GPU, Navi 32, and has cut prices of Radeon RX 6750 XT, 6650 XT and 6600 to offload excess stock. AMD's stock traded lower by 1.26% at $100.60 on Friday.

Portfolio Pulse from Anusuya Lahiri

August 25, 2023 | 4:04 pm

BABA

META

MSFT

NVDA

Alibaba Group Holding Limited (BABA) has launched two new open-source artificial intelligence models, Qwen-VL and Qwen-VL-Chat, which are capable of understanding images and executing complex conversations. These models are expected to compete with similar tools from Meta Platforms Inc (META) and Microsoft Corp (MSFT). The U.S. has extended its one-year exemption on semiconductor tech embargo for China, which is beneficial for U.S. chipmakers like Nvidia Corp (NVDA).

Portfolio Pulse from Anusuya Lahiri

August 25, 2023 | 4:02 pm

ESALY

MRK

Merck & Co Inc and Eisai Ltd have announced the discontinuation of the Phase 3 LEAP-010 trial evaluating Keytruda plus Lenvima for recurrent or metastatic head and neck squamous cell carcinoma. The decision was made after the therapy failed to show an improvement in overall survival in the second analysis. This follows the discontinuation of the LEAP-017 and LEAP-003 trials earlier this year and the LEAP-002 trial last year.

Portfolio Pulse from Vandana Singh

August 25, 2023 | 3:58 pm

AFRM

Affirm CEO Max Levchin appeared on CNBC to discuss the company's investments in AI and its focus on the 'Buy Now Pay Later' model. The company's stock symbol is AFRM.

Portfolio Pulse from Happy Mohamed

August 25, 2023 | 3:55 pm

AMD

AMD has unveiled new enthusiast-class graphics cards, the AMD Radeon RX 7800 XT and Radeon RX 7700 XT, optimized for high-performance, high-refresh 1440p gaming experiences. The cards are built on the AMD RDNA 3 architecture and offer superior performance-per-dollar compared to the competition. AMD also announced the availability of AMD FidelityFX Super Resolution 3, an upscaling technology designed to offer performance boosts in supported games. The new graphics cards will be available from September 6, 2023.

Portfolio Pulse from Happy Mohamed

August 25, 2023 | 3:31 pm

WBD

Toyota Motor Corporation's (NYSE:TM) 2024 Tacoma model is featured in Warner Bros. Discovery Inc's (NASDAQ:WBD) DC film 'Blue Beetle'. The 2024 Tacoma, an off-road 4x4 vehicle with up to 326 horsepower and 465 lb-ft. of torque, will be in dealerships by the end of the year. TM shares are trading higher by 0.48% to $163.56.

Portfolio Pulse from Nabaparna Bhattacharya

August 25, 2023 | 3:02 pm

CTLT

NVO

Catalent's plant in Bloomington, Indiana, will produce Novo Nordisk's weight-loss drug 'Wegovy', according to sources cited by Reuters.

Portfolio Pulse from Happy Mohamed

August 25, 2023 | 2:48 pm

BMY

PFE

The Bristol Myers Squibb-Pfizer Alliance presented results from a retrospective study at the European Society of Cardiology Congress 2023. The study showed that switching from Eliquis to rivaroxaban in Non-Valvular Atrial Fibrillation patients was associated with a higher risk of stroke and major bleeding than those who continued Eliquis. The study used real-world data from 2013 to 2021, and found that switching from rivaroxaban to Eliquis was associated with a similar risk of stroke and a lower risk of major bleeding compared to those who continued rivaroxaban.

Portfolio Pulse from Happy Mohamed

August 25, 2023 | 2:34 pm

MBLY

PSNY

Polestar Automotive Holding UK PLC (PSNY) has partnered with Mobileye Global Inc (MBLY) to integrate autonomous technology into Polestar 4 using the Mobileye Chauffeur AV platform. The technology will offer hands-off and eyes-off autonomous driving on highways. Polestar 4, featuring a Mobileye SuperVision-based advanced driver assistance system, goes on sale in China today and will be available globally in 2024.

Portfolio Pulse from Shivani Kumaresan

August 25, 2023 | 2:29 pm

GLD

UUP

The article provides strategies to protect a portfolio from a potential market crash. These include diversifying investments, using hedging strategies such as buying VIX calls, GLD stock, Treasury bonds, and UUP ETF, rebalancing the portfolio regularly, and staying calm and invested. It also advises understanding risk tolerance, not investing more than one can afford to lose, doing thorough research, and seeking professional help if needed.

Portfolio Pulse from Sandra Stone

August 25, 2023 | 2:23 pm