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Smartphone shipments in the US fell by 24% in Q2, with Android shipments dropping by 38%. However, Apple's iPhone shipments only fell by 6%, helping the company increase its market share to 55% from 52% in Q1. Samsung's market share declined to 23% from 27% in the same period. The decline in shipments is attributed to economic uncertainty and consumer hesitation to upgrade their devices.

Portfolio Pulse from Rounak Jain

July 28, 2023 | 12:56 pm

GLWLF

Glow LifeTech Corp. (OTCPK:GLWLF) (CSE:GLOW) (FSE:9DO) plans to launch multiple in-house cannabis consumer brands using its proprietary ingredient technologies. The company aims to deploy its products into the Canadian cannabis market by Q3 2023. Glow has developed a technology platform that supports various product formats and has built an asset-light cannabis production operation in Toronto, Canada.

Portfolio Pulse from Vuk Zdinjak

July 28, 2023 | 12:48 pm

DIS

NFLX

Disney (NYSE:DIS) plans to limit premium users of its Disney+ Hotstar streaming service in India to logging in from just four devices, following Netflix's (NASDAQ:NFLX) similar move. Currently, a Disney+ Hotstar premium account in India allows logins on up to 10 devices. The new restriction will also apply to its cheaper plan, limiting usage across two devices. Disney+ Hotstar led India’s streaming market from January 2022 to March 2023 with a 38% share of viewership.

Portfolio Pulse from Shomik Sen Bhattacharjee

July 28, 2023 | 12:43 pm

AAPL

A couple in India's West Bengal state reportedly sold their eight-month-old son to buy an Apple Inc (NASDAQ:AAPL) iPhone 14. The couple intended to use the phone for filming short videos for Instagram. The police have apprehended the mother and the woman who purchased the baby, with efforts underway to locate the fugitive father.

Portfolio Pulse from Shomik Sen Bhattacharjee

July 28, 2023 | 12:40 pm

ADMP

Adamis Pharmaceuticals Corporation (ADMP) has committed to fund a research grant to the Leiden University Medical Center (LUMC) Anesthesia and Pain Research Unit. The funding will support the work of Albert Dahan, MD, PhD, an expert on opioid-induced respiratory depression. The collaboration aims to assess the efficacy of 5mg intramuscular ZIMHI versus 4mg of intranasal naloxone, which is comparable to NARCAN®. The CEO of Adamis believes that if ZIMHI demonstrates superiority in reversing fentanyl-induced respiratory depression, national health organizations will update their emergency protocols to include the use of ZIMHI.

Portfolio Pulse from Happy Mohamed

July 28, 2023 | 12:31 pm

AMAM

Ambrx is set to present preliminary safety, efficacy, and pharmacokinetics data for ARX517 at ESMO 2023. The data is from the first-in-human trials of the drug.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 12:31 pm

MRUS

Merus has announced that two clinical abstracts on Zenocutuzumab in NRG1-fusion non-small cell lung cancer and pancreatic cancer have been selected for presentation at the ESMO Congress 2023.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 12:08 pm

IOBT

IO Biotech has announced that the first patient has been dosed in an investigator-initiated Phase 1 trial at the University of California Davis Comprehensive Cancer Center.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 12:05 pm

KDNY

Chinook Therapeutics has announced the enrollment of the first patient with IgA Nephropathy in the BEYOND Phase 3 trial. The trial is aimed at evaluating the safety and efficacy of Zigakibart (BION-1301-1301).

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 12:03 pm

META

Meta Platforms Inc. (NASDAQ:META) is facing user retention issues with its app Threads, despite attracting over 100 million sign-ups. CEO Mark Zuckerberg acknowledged the challenge during an internal company town hall, stating that while user retention was better than expected, it was far from perfect. The company is focusing on implementing “retention-driving hooks” to entice users back to the app, including integrating Threads with Instagram. However, Zuckerberg and Instagram head Adam Mosseri have not been actively posting on the Threads app, raising questions about Meta’s confidence in the platform.

Portfolio Pulse from Ananya Gairola

July 28, 2023 | 11:51 am