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NVO

Novo Nordisk's CEO has stated that the company is seeking reimbursement deals with European governments for its weight-loss drug, Wegovy. The demand for Wegovy is so strong that different commercial strategies are needed to reach the most needy patients.

Portfolio Pulse from Charles Gross

August 25, 2023 | 9:21 am

META

Meta Platforms Inc. has launched Threads for the web, allowing users to access the social media platform without downloading the app. The web interface, which is now available to the general public at Threads.net, allows users to view posts, like them, comment, and repost. The interface is considered cleaner than other social media platforms, including Elon Musk's X (formerly Twitter). Some features, such as profile editing or sending posts to Instagram DMs, are not yet available on the web version of Threads, but the team is working on it.

Portfolio Pulse from Rounak Jain

August 25, 2023 | 9:03 am

NVO

Novo Nordisk's semaglutide drugs, Wegovy and Ozempic, may unlock three potential new markets, potentially boosting the company's fortunes. The drugs could be used to treat cardiovascular disease, metabolic dysfunction-associated steatohepatitis (MASH), and addiction disorders. The cardiovascular disease market is valued at over $162 billion, and the addiction disorders market is anticipated to be worth over $60 billion by 2029.

Portfolio Pulse from Benzinga Neuro

August 25, 2023 | 7:08 am

TSLA

Tesla Inc has secured a permit for its diner-Supercharger station in Los Angeles. The project, described as a fusion of 'Grease meets The Jetsons', will combine an eatery with Tesla's Supercharger technology. The concept was first proposed by CEO Elon Musk in 2018. The diner is set to be located at 7001 W Santa Monica Boulevard, with Stantec Architecture and PCL Construction Services Inc. involved in its realization.

Portfolio Pulse from Anan Ashraf

August 25, 2023 | 6:25 am

F

Ford Motor Co (NYSE:F) has introduced a limited edition F-150 Lightning Platinum Black edition, with only 2000 units to be produced. The electric truck, which is the most expensive Lightning model to date, is expected to start deliveries in early 2024. This follows a recent price cut on the F-150 Lightning models, with the company planning to triple its annual run rate to 150,000 F-150 Lightning trucks after an upgrade.

Portfolio Pulse from Anan Ashraf

August 25, 2023 | 5:57 am

FOX

FOXA

Donald Trump's interview on Elon Musk's X platform, formerly known as Twitter, garnered 74 million views in under an hour, surpassing the viewership of the first Republican debate on Fox News, which attracted less than 13 million views. The massive online viewership of Trump’s interview raises questions about the waning influence of Fox News. Meanwhile, the X platform continues to gain attention and clout.

Portfolio Pulse from Ananya Gairola

August 25, 2023 | 5:30 am

AAPL

Apple Inc. is reportedly planning a significant design change for its upcoming iPhone 15 Pro model, replacing the iconic gold finish with a sleek titanium exterior. The new design is expected to make the device lighter compared to its stainless steel predecessor. The iPhone 15 Pro and iPhone 15 Pro Max models will also feature a new dark blue color. The standard iPhone 15 and iPhone 15 Plus models will be available in five vibrant colors: black, green, blue, yellow, and pink.

Portfolio Pulse from Ananya Gairola

August 25, 2023 | 5:02 am

ABNB

ETSY

Cody Berman, a 27-year-old who made around $700,000 last year from side hustles, shared advice for those looking to find new side gigs. His side hustles included selling online courses on how to sell items on Etsy Inc (NASDAQ:ETSY) and how to make money renting out properties on Airbnb Inc (NASDAQ:ABNB). Berman's advice includes looking at the skills one has and understanding that there's always someone willing to pay for a service.

Portfolio Pulse from Chris Katje

August 25, 2023 | 4:41 am

TSLA

Tesla Inc's CEO, Elon Musk, has hinted at a possible livestream of the test drive for version 12 of Tesla's full self-driving software. The event was initially teased last week, but did not occur. Musk has previously stated that version 12 would no longer be in beta mode, suggesting it would achieve full autonomy.

Portfolio Pulse from Anan Ashraf

August 25, 2023 | 3:39 am

DOGE-USD

TSLA

Elon Musk, CEO of Tesla and SpaceX, has revealed that he stopped using TikTok due to its AI dynamics. Musk's comments provide insight into TikTok's powerful AI algorithm that keeps users engaged. Despite security concerns leading to bans on TikTok use on government devices in several U.S. states and cities, Chinese companies, including TikTok, own four of the top 10 most downloaded apps in the U.S.

Portfolio Pulse from Ananya Gairola

August 25, 2023 | 3:21 am