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AZN

AstraZeneca's shares are trading lower following the announcement of topline results from the TROPION-Lung01 phase 3 trial of datopotamab deruxtecan in advanced or metastatic non-small cell lung cancer.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2023 | 8:50 am

SPOT

TWTR

Twitter is planning to introduce three-hour podcast videos, a decision sparked by a user request to owner and CTO Elon Musk. This move is significant considering the average length of popular podcasts, such as Joe Rogan's show on Spotify (NYSE:SPOT), which typically runs for over two hours. Previously, Twitter expanded its video upload limits for its Blue subscribers, but faced legal challenges from music publishers.

Portfolio Pulse from Ananya Gairola

July 03, 2023 | 7:52 am

AAPL

Apple Inc.'s Vision Pro headset is facing production challenges, leading to significant cuts in production forecasts. The complexity of the headset design and manufacturing difficulties have forced Apple to scale back its targets. Luxshare, the Chinese contract manufacturer responsible for assembling the Vision Pro headset, is expected to produce fewer than 400,000 units in 2024, a significant reduction from earlier internal targets of one million units within the first year.

Portfolio Pulse from Ananya Gairola

July 03, 2023 | 7:51 am

NONOF

Novo Nordisk's diabetes and weight loss drug, Ozempic, may have potential to help break addictions, according to The Guardian. Users have reported a decrease in addictive behaviors, such as smoking and drinking, while on the medication. Early studies have shown that semaglutide, the scientific name for Ozempic, seems to reduce binge drinking in rodents, and previous generations of GLP-1 drugs have been associated with reduced consumption of nicotine, cocaine, and opioids. Clinical trials are underway to determine whether semaglutide can help smokers and people with alcohol use disorder reduce their intake.

Portfolio Pulse from Benzinga Newsbot

July 03, 2023 | 7:26 am

DOGEUSD

Elon Musk has reiterated his offer to eat a McDonald's Happy Meal on live TV if the fast-food chain accepts Dogecoin as a form of payment. This follows a Twitter exchange between Musk and DogeDesigner. Despite Dogecoin gaining momentum and recognition throughout 2021, widespread adoption by a majority of retailers is yet to be seen. While companies such as Tesla have incorporated Dogecoin as a payment option, McDonald's has yet to follow suit.

Portfolio Pulse from Mehab Qureshi

July 03, 2023 | 6:11 am

AZN

DSNKY

Datopotamab Deruxtecan, a drug jointly developed by Daiichi Sankyo and AstraZeneca, has met its dual primary endpoint of progression-free survival in patients with advanced non-small cell lung cancer in the TROPION-Lung01 Phase 3 trial.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2023 | 6:11 am

MRNA

Moderna has submitted a regulatory application to the European Medicines Agency for its updated COVID-19 vaccine.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2023 | 5:13 am

GOOG

META

Meta Platform Inc.'s Twitter clone, Threads, briefly appeared on Alphabet Inc.'s Google Play Store before disappearing. The app, which has been in development since January under the codename 'Project 92', is designed for creators and public figures seeking a more stable and controlled environment than Twitter. The sudden appearance of Threads on the Google Play store has led to speculation that the app's launch may be imminent.

Portfolio Pulse from Ananya Gairola

July 03, 2023 | 5:08 am

AAPL

GOOG

GOOGL

Edward Snowden, the renowned whistleblower, criticized Twitter's limitations on the access of tweets for unregistered users under Elon Musk's ownership. He promoted an open-source alternative, Nostr, and encouraged users to check it out. Snowden asked users to search for 'Damus' on Apple's App Store and 'Amethyst' on Google's Play Store. However, it was reported that Damus is being removed from the App Store for violating guidelines on 'business payments.'

Portfolio Pulse from Ananya Gairola

July 03, 2023 | 2:37 am

BTC-USD

TWTR

Former Twitter CEO, Jack Dorsey, commented on recent decisions made by Elon Musk, including the implementation of reading post limits. Dorsey acknowledged the challenges of managing Twitter and expressed hope that Twitter would build on 'censorship-resistant open protocols' like Bitcoin. Musk recently announced temporary limitations on how many tweets users can read daily, with different restrictions for paid and unpaid users.

Portfolio Pulse from Bibhu Pattnaik

July 02, 2023 | 5:29 pm