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DSGN

Design Therapeutics reported initial results from its Phase 1 multiple-ascending dose study of DT-216 for the treatment of Friedrich ataxia, which led to a decrease in its share price. The company reported injection site reactions.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 12:44 pm

AAPL

Ahead of the iPhone 15 launch, demand for Apple Inc.'s (NASDAQ:AAPL) iPhone 14 series and older models has slowed down in the June quarter compared to the March quarter, according to data from Display Supply Chain Consultants (DSCC). The revenue share of iPhones in the top five has fallen from 51.2% at the end of the March quarter to 46.3%. The iPhone 15 series is expected to launch in September.

Portfolio Pulse from Rounak Jain

August 15, 2023 | 12:43 pm

F

FSR

GM

TSLA

Fisker Inc (FSR) has signed a deal with Tesla Inc (TSLA) to provide its customers access to Tesla's Supercharger network. The agreement will allow Fisker to adopt the North American Charging Standard (NACS) on its first vehicles in 2025. Fisker owners will have additional charging options at Tesla's 12,000 Supercharger stations in the U.S. and Canada. Other major automakers, such as General Motors Co (GM) and Ford Motor Co (F), have previously joined Tesla's supercharger network.

Portfolio Pulse from Lekha Gupta

August 15, 2023 | 12:42 pm

NVDA

Standard has announced a strategic partnership with NVIDIA. The partnership will see Standard utilizing NVIDIA's GPU systems, specifically the A100 and H100 clusters, to optimize their AI model training and deployment. This is expected to help Standard automate complex workflows in the real estate industry.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 12:42 pm

AAPL

WLAB

Wearable Devices has completed the first manufacturing batch of the Mudra Band for Apple Watch and expects to begin delivery in the upcoming weeks.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 12:36 pm

HNHPF

NVDA

Nvidia Corp's stock is trading higher amid reports of Saudi Arabia and the UAE aggressively acquiring the chipmaker's high-end chips for AI software development. This has intensified the global demand for these chips. Saudi Arabia has procured at least 3,000 Nvidia H100 chips, each valued at $40,000, while the UAE has also procured Nvidia chips. Foxconn has secured a significant order to produce chip substrates for Nvidia's HGX AI servers, meeting over half of Nvidia's total demand. UBS analyst Timothy Arcuri maintained Nvidia with a Buy and raised the price target from $475 to $540.

Portfolio Pulse from Anusuya Lahiri

August 15, 2023 | 12:33 pm

BLNK

Blink Charging Co. (NASDAQ:BLNK) is expanding its electric vehicle (EV) charging infrastructure in Latin America, following a 57% surge in EV charger sales in Q1 2023. Since entering the market in 2020, Blink has sold or deployed over 2,100 EV chargers across eight countries. The company plans to launch DC Fast Chargers, commercial and residential Level 2 chargers equipped with GB/T plugs to meet the demand for Chinese-manufactured EVs. Blink has strong presence in Mexico and Central America and plans to expand into Brazil, Argentina, and Peru.

Portfolio Pulse from Happy Mohamed

August 15, 2023 | 12:20 pm

MIR

Mirion Technologies (NYSE:MIR) has announced a strategic design contract with X-Energy Reactor Company, LLC. Mirion will provide design support for the Burn Up Measurement System (BUMS), a key system for the fuel cycle of the Xe-100 high-temperature gas-cooled reactor. The BUMS is designed to maximize nuclear fuel utilization and minimize waste. Testing of the BUMS prototype is expected to begin in 2024, with the first operational units starting in 2025.

Portfolio Pulse from Happy Mohamed

August 15, 2023 | 12:16 pm

WKSP

Worksport Ltd. (NASDAQ:WKSP) reported YoY revenue growth for Q2 2023, attributed to the company's focus on establishing new sales channels. The company has started shipping soft-folding tonneau covers and has begun manufacturing hard-folding tonneau covers. Worksport is also preparing for the launch of the SOLIS Solar Cover and the COR Battery System. The company plans to increase its production capacities and is ramping up its engineering resources for the development of these new products.

Portfolio Pulse from Happy Mohamed

August 15, 2023 | 12:10 pm