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IDYA

Ideaya Biosciences has announced the first patient in for its company-sponsored Phase 2 clinical trial. The trial is evaluating Darovasertib as a neoadjuvant and adjuvant therapy in primary uveal melanoma patients.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 10:02 am

AAPL

Evercore ISI analyst Amit Daryanani has expressed optimism about the upcoming redesign of the Apple Watch, stating that it will add significant value to the series. The new design, part of the Series X lineup, is expected to include a slimmer case, revamped band attachments, and blood-pressure monitoring technology. Daryanani, who has a bullish outlook on Apple with a $210 price target, believes the redesign will attract both existing users and those currently using competitor models.

Portfolio Pulse from Benzinga Neuro

August 16, 2023 | 9:49 am

AAPL

Apple Inc. has been granted a patent titled 'Light Recognition Module for Determining a User of a Computing Device', which suggests the company's Face ID technology could be integrated into its MacBook Pro and iMac devices. The patent describes a 'light pattern recognition module' that uses a light emitter and detector to authenticate users. While the patent primarily addresses MacBook models, it also hints at potential integration into an iMac-style chassis.

Portfolio Pulse from Ananya Gairola

August 16, 2023 | 9:22 am

AAPL

Apple Inc. has rolled back a significant change in the call screen design in its latest iOS 17 developer beta 6 update. The 'End Call' button, which was moved to the bottom right position last week, has been returned to its center position. This suggests that Apple wants to retain familiarity for iPhone users. However, the user interface design is not final yet and could undergo further changes before the public release of iOS 17.

Portfolio Pulse from Rounak Jain

August 16, 2023 | 9:11 am

AAPL

HNHPF

Foxconn, a Taiwanese electronics company, has started the production of Apple's upcoming iPhone 15 in India. This move is part of Apple's strategy to diversify its manufacturing away from China and mitigate supply chain risks. Apple also plans to produce its AirPods at Foxconn’s facility in Hyderabad, India. The expansion in India has been supported by financial incentives from the government, leading to a substantial increase in iPhone production. Apple aims to manufacture 15 million iPhone 15 units in India this year, which would make up 20% of its global production.

Portfolio Pulse from Arpit Nayak

August 16, 2023 | 8:37 am

TSLA

Tesla Inc's CEO, Elon Musk, announced that he will live stream the test drive of version 12 of its full self-driving software on his social media platform X, formerly Twitter, next week.

Portfolio Pulse from Anan Ashraf

August 16, 2023 | 8:31 am

SNAP

Snapchat's AI-powered chatbot, MyAI, alarmed users by posting enigmatic stories autonomously. The issue was later resolved by Snapchat, stating it was a temporary outage. The chatbot, powered by OpenAI’s ChatGPT, was rolled out to Snap+ subscribers in February and helped boost its paying subscriber base by 3 million. However, there have been concerns about the chatbot providing unsuitable advice.

Portfolio Pulse from Ananya Gairola

August 16, 2023 | 8:05 am

AAPL

Apple's 16-inch MacBook Pro with M1 Max chip is available at a $1,200 discount on Adorama. Despite the presence of M2-powered MacBooks, the M1 Max MacBook Pro remains a powerful option for most tasks, including intensive video editing and multitasking.

Portfolio Pulse from Rounak Jain

August 16, 2023 | 7:57 am

META

OpenAI has been using its latest language model, GPT-4, to moderate content and has suggested that social media platforms like Meta Platforms Inc.’s Facebook, Instagram, and Elon Musk’s X (formerly Twitter) should also adopt this approach. The use of AI for content moderation could reduce the mental burden on human moderators. However, GPT-4's content moderation incurs higher costs than alternative tools.

Portfolio Pulse from Ananya Gairola

August 16, 2023 | 6:52 am

TSLA

Tesla Inc (NASDAQ:TSLA) has announced a nearly 7% discount on its inventory of Model S and X vehicles in China. This comes a day after Tesla introduced a 'standard range' version of Model S and Model X priced $10,000 less than the Long Range version. The lower-priced versions come with a lower driving range.

Portfolio Pulse from Anan Ashraf

August 16, 2023 | 6:24 am