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JPM

JPMorgan Chase's Chief Product Officer, Rohan Amin, discussed the bank's focus on technology, data security, and customer-centric product development. Amin highlighted the bank's efforts in AI and machine learning to enhance customer experiences. He also mentioned the bank's response to the increasing trend of mobile banking and digital payments, with over 90% of survey respondents using the mobile app more than once monthly.

Portfolio Pulse from Renato Capelj

August 25, 2023 | 2:20 pm

TSLA

Tesla Inc. is facing multiple challenges including a potential hate speech lawsuit by CEO Elon Musk, manufacturing complexities for the Cybertruck, investor compensation related to a controversial 2018 tweet, and regulatory risks in India. The lawsuit could impact online hate speech regulation. The unique design of the Cybertruck necessitates precision in production. Investors who incurred losses due to Musk's 2018 tweet about taking Tesla private are to receive a payout of approximately $41.5 million. Regulatory changes in India could affect Tesla's pricing and competitiveness.

Portfolio Pulse from Mohit Manghnani

August 25, 2023 | 2:17 pm

GTBIF

Former NBA stars Allen Iverson and Al Harrington have launched a new cannabis strain, 'Iverson ’01,' in Philadelphia, in partnership with Harrington’s cannabis brand Viola. The product will be exclusively available at RISE medical marijuana dispensaries, owned by Green Thumb Industries (OTCQX: GTBIF), for the launch and then will appear at other state dispensaries.

Portfolio Pulse from Maureen Meehan

August 25, 2023 | 2:17 pm

PLTR

Shares of Palantir Technologies Inc (NYSE:PLTR) are trading higher by roughly 1.06% to $14.29, recovering from weakness during Thursday's session. The rise is in sympathy with NVIDIA's strong Q2 financial results and Q3 guidance, which signals advancements in AI technologies. This could potentially enhance Palantir's ability to deliver more accurate and sophisticated data analysis solutions.

Portfolio Pulse from Henry Khederian

August 25, 2023 | 2:11 pm

CTLT

NVO

TMO

Novo Nordisk's CEO, Lars Fruergaard Jorgensen, expressed confidence in Catalent's ability to rectify its manufacturing issues related to the weight-loss drug Wegovy. Catalent's Brussels facility, responsible for filling Wegovy injection pens, faced multiple U.S. sterile safety standards breaches. Novo Nordisk plans to incorporate a third external facility for the production of Wegovy by 2024. The company also onboarded Thermo Fisher Scientific as its secondary contract manufacturer for the drug.

Portfolio Pulse from Vandana Singh

August 25, 2023 | 1:44 pm

AAPL

Mizuho has cut its production outlook for Apple's iPhone 15 series in 2023 from 84 million to 73 million units. The overall iPhone production outlook has also been reduced from 227 million to 217 million units.

Portfolio Pulse from Happy Mohamed

August 25, 2023 | 1:30 pm

COMM

LQR

MYMD

Insiders at CommScope Holding Company, Inc. (COMM), LQR House Inc. (LQR), and MyMD Pharmaceuticals, Inc. (MYMD) have recently made significant share purchases. CommScope launched its SYSTIMAX Constellation edge-based platform, LQR House priced its IPO at $5.00 per share, and the FDA accepted MyMD Pharmaceuticals' investigational new drug application for a Phase 2 study.

Portfolio Pulse from Lisa Levin

August 25, 2023 | 1:23 pm

MSFT

Microsoft's stock has seen a 12% decline after reaching an all-time high in July 2023, but maintains a year-to-date increase of 32%. The company's strategic moves include the integration of Databricks software into its Azure cloud server, which could strain its relationship with OpenAI. Microsoft's acquisition of Activision Blizzard, valued at $69 billion, faces regulatory challenges from the UK's CMA over cloud gaming dominance concerns.

Portfolio Pulse from Zaheer Anwari

August 25, 2023 | 1:19 pm

AAPL

Apple Inc. is rumored to be planning to supercharge data transfer speeds on the upcoming iPhone 15 Pro with a separate Thunderbolt cable. The iPhone 15 Pro is expected to support 'at least' USB 3.2 technology, but a new rumor suggests that Apple could offer a USB 4.0 or Thunderbolt cable capable of achieving data transfer speeds of up to 40Gbps. The iPhone 15 Pro could also support charging speeds of up to 150W, and the iPhone 15 series is expected to launch on September 12.

Portfolio Pulse from Rounak Jain

August 25, 2023 | 12:50 pm

AKBA

Akebia Therapeutics has confirmed its 2023 net product revenue guidance for Auryxia, expecting it to be between $175M-$180M.

Portfolio Pulse from Benzinga Newsdesk

August 25, 2023 | 12:13 pm