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LYT

Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT) has announced the launch of its IPTV and Broadband services in India. The company has installed a dedicated IPTV headend and secured content from broadcasters. Through its acquisition of Sri Sai, Lytus plans to roll-out its services to its approx. 4 million subscribers via a network of over 5,000 local cable operators.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 2:08 pm

SCYX

SCYNEXIS, Inc. (NASDAQ:SCYX) and Hansoh Pharmaceutical Group Company Limited (3692.HK) have announced that China's National Medical Products Administration (NMPA) has accepted a New Drug Application (NDA) for oral ibrexafungerp tablets for the treatment of vulvovaginal candidiasis (VVC) in China. The application is based on positive results from Phase 3 studies. SCYNEXIS entered into an agreement with Hansoh Pharma in February 2021 for the development and commercialization rights for oral ibrexafungerp in the greater China region.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 1:59 pm

TTOO

T2 Biosystems Inc (NASDAQ:TTOO) shares are trading higher after the FDA granted Breakthrough Device designation for the company's Candida auris direct-from-blood molecular diagnostic test. The company plans to add the test to its FDA-cleared T2Dx instrument, which will expand its capabilities. This is T2's third product to receive FDA Breakthrough Device designation.

Portfolio Pulse from Adam Eckert

July 20, 2023 | 1:59 pm

AAPL

SSNLF

XIACY

India's smartphone market shows signs of stabilization with a marginal 1% decline in Q2, compared to a 20% drop in Q1. Samsung leads the market, followed by Vivo and Xiaomi. Apple expands its presence in India by opening two retail stores in Delhi and Mumbai. The Indian market prefers offline sales, influencing the retail strategies of companies.

Portfolio Pulse from Anusuya Lahiri

July 20, 2023 | 1:58 pm

AMZN

Amazon plans to introduce its palm-payment technology, Amazon One, in all Whole Foods stores by the end of the year. The technology, which allows shoppers to pay with their palms, is currently available in over 200 Whole Foods locations. Amazon has seen growing demand for the technology, with 3 million uses of Amazon One recorded. The company has also marketed its physical store technologies to third parties, securing deals with airport stores, sports stadiums, and concert venues.

Portfolio Pulse from Anusuya Lahiri

July 20, 2023 | 1:48 pm

MULN

Mullen Automotive, Inc. (NASDAQ:MULN) has announced a commercial EV launch event on Aug. 24, 2023, to commemorate the first Class 3 vehicles rolling off the production line. The event will be held at Mullen's assembly plant in Tunica, Mississippi. The plant is focused on production of Class 1 and Class 3 commercial EV vehicles. The Mullen THREE, a Class 3 low cab forward EV truck, is one of the vehicles being produced.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 1:46 pm

AAPL

EWU

Apple has criticized the new surveillance bill proposals in the UK and threatened to remove services such as Facetime and iMessage if the law is passed.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 1:45 pm

VIR

Vir Biotechnology Inc's shares are falling after the company released data from the Phase 2 PENINSULA trial evaluating VIR-2482 for preventing symptomatic influenza A illness. The trial did not meet primary or secondary efficacy endpoints. However, VIR-2482 was generally well tolerated, and no safety signals were identified. The company's shares are down 41.6% at $13.68.

Portfolio Pulse from Vandana Singh

July 20, 2023 | 1:38 pm

AMZN

Amazon plans to introduce its pay-by-palm system, Amazon One, to all of its Whole Foods stores by the end of the year. The technology, which allows users to pay for items by swiping their hand over a kiosk, is currently available in over 200 Whole Foods locations. Amazon has also been marketing this technology to third parties, including airport stores, sports stadiums, concert venues, and Panera Bread.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 1:36 pm

XOM

Exxon Mobil Corp. is planning to build a large lithium processing facility in South Arkansas, which could create thousands of jobs in the region. The move is part of Exxon's strategy to diversify its energy portfolio.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 1:27 pm