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PSFE

Paysafe (NYSE:PSFE) has announced a partnership with Betr, a micro-betting app from Jake Paul. The first phase of the deal will allow Betr's customers in Ohio and Massachusetts to fund micro-bets and traditional wagers using their debit card.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 8:35 am

CMPS

COMPASS Pathways plc (NASDAQ:CMPS) has announced positive data from a phase 2 clinical trial of COMP360 psilocybin in conjunction with daily selective serotonin reuptake inhibitors (SSRIs) for treatment-resistant depression. The data has been published in the peer-reviewed Nature journal, Neuropsychopharmacology.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 8:34 am

AAPL

A rare sealed box of the original iPhone has been sold at an auction for $190,373, three times more than the previous record of $63,000 set in February this year. The auctioneer LCG Auctions had set an estimate of $50,000-$100,000 for the original iPhone, but the winning bid beat expectations by a huge margin. Apple Inc. (NASDAQ:AAPL) memorabilia fetching record amounts in auctions are common.

Portfolio Pulse from Rounak Jain

July 17, 2023 | 8:07 am

PSNY

Polestar Automotive Holding UK PLC (NASDAQ:PSNY) showcased its Polestar 5 prototype at the Goodwood Festival of Speed. The electric 4-door grand tourer, based on the Polestar Precept concept car, can deliver up to 650 kW/884 hp. The vehicle is expected to launch officially in 2024. The company aims to have a line-up of five performance EVs by 2026.

Portfolio Pulse from Anan Ashraf

July 17, 2023 | 7:47 am

META

SNAP

Mark Zuckerberg, CEO of Meta Platforms Inc., has reportedly obtained his student pilot certificate, joining the ranks of other tech CEOs like Elon Musk and Snap Inc.'s Evan Spiegel who also have piloting skills. This news comes amidst Zuckerberg's other pursuits, such as jiu-jitsu and MMA fighting, and the launch of Meta's Threads app, which gained 100 million users in five days but has since seen a decline in daily active users and app usage time.

Portfolio Pulse from Ananya Gairola

July 17, 2023 | 6:58 am

TSLA

Tesla, Inc. (NASDAQ:TSLA) is expected to host its Q2 earnings call soon. Analysts predict that the company may not discuss the launch timing of the Model 3 refresh due to the potential 'Osborne effect', which could lead to customers deferring orders for the current version of the product. The upgraded Model 3, codenamed 'Highland', is rumored to be close to starting trial production at Tesla's Giga Shanghai. Analyst Gary Black expects Tesla to report Q2 adjusted earnings of $0.82 per share and an auto gross margin of 18.2%, excluding regulatory credits.

Portfolio Pulse from Shanthi Rexaline

July 17, 2023 | 6:31 am

ALNY

Alnylam Pharmaceuticals has reported updated interim Phase 1 results for ALN-APP, a drug in development for Alzheimer's disease and cerebral amyloid angiopathy. The results are promising, but further testing is required.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 6:27 am

ARGX

argenx has reported topline data from its ADHERE study of VYVGART Hytrulo in patients with Chronic Inflammatory Demyelinating Polyneuropathy.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 5:12 am

AAPL

Apple Inc.'s Vision Pro team has reportedly deviated from Steve Jobs' management approach. The team, known as the Vision Products Group (VPG), has been an independent division within Apple since 2015, boasting its own teams for software engineering, hardware development, strategy, computer vision, content, app development, and project management. The name change from TDG to VPG implies a more permanent structure, suggesting that the Vision Pro headset is the first of many products in the pipeline. Despite a lukewarm reception due to its high price point, Apple is reportedly developing a more budget-friendly version of the headset.

Portfolio Pulse from Ananya Gairola

July 17, 2023 | 4:15 am

TSLA

Tesla Inc (NASDAQ:TSLA) has updated its referral program, increasing the limit of referrals from five to twelve per calendar year. The credits earned through the program can be used to purchase various Tesla referral awards within the Tesla app, including supercharging, software upgrades, other Tesla products, and vehicle parts. The credits cannot be redeemed for cash and have an expiration period of 12 months. The update comes after Tesla expanded referral discounts to all its models.

Portfolio Pulse from Anan Ashraf

July 17, 2023 | 3:20 am