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ICPT

Intercept Pharmaceuticals announced new results from a planned interim analysis of its ongoing Phase 2 study 747-213, showing that the combination of obeticholic acid (OCA) and bezafibrate was effective in normalizing multiple biochemical markers associated with PBC-induced liver damage.

Portfolio Pulse from Benzinga Newsdesk

June 23, 2023 | 7:25 am

LTCUSD

Litecoin (LTC) payments reached an all-time high of 167 million transactions, with the cryptocurrency ranking fourth in liquidity. LTC is up 15% in the last seven days, attributed to the approaching halving event. Crypto analyst Michael van de Poppe predicts potential long opportunities ahead for Litecoin, identifying $82-$84 and $78-$79 as two essential levels of interest.

Portfolio Pulse from Mehab Qureshi

June 23, 2023 | 6:33 am

AMZN

GOOG

GOOGL

YouTube announced plans to integrate AI-powered dubbing service Aloud into its platform to simplify video dubbing in multiple languages. The move aims to streamline the process for creators and expand their reach to international audiences. YouTube's parent company, Alphabet Inc., and Amazon are both investing in AI solutions to enhance their services.

Portfolio Pulse from Ananya Gairola

June 23, 2023 | 6:29 am

RIVN

Rivian Automotive has introduced enhanced trip planning powered by A Better Routeplanner (ABRP) in its latest software update, following the acquisition of mapping company Iternio. The update allows users to set preferred arrival range, charging locations, and estimate charging time.

Portfolio Pulse from Anan Ashraf

June 23, 2023 | 4:05 am

TSLA

Tesla CEO Elon Musk announced that 'actually smart' auto wiper software updates will be released in about three weeks, followed by the 'Actually Smart Summon (ASS)' feature a month or two later. This comes after users reported issues with the auto wipers engaging when not needed.

Portfolio Pulse from Anan Ashraf

June 23, 2023 | 3:24 am

MRNA

Moderna has submitted an application to the FDA for authorization of its updated COVID-19 vaccine, designed to protect against the XBB.1.5 subvariant. The FDA advised vaccine manufacturers to target this subvariant in their fall vaccines, as it accounts for approximately 40% of U.S. cases.

Portfolio Pulse from Benzinga Newsbot

June 22, 2023 | 11:18 pm

BTCUSD

ETHUSD

HUBS

JPM

PENN

Blockworks, a crypto-focused media company, recently raised $12 million at a $135 million valuation. The funds will be used to expand globally and build a research and data offering. Blockworks aims to become the largest research and analytics platform in the crypto industry within a year.

Portfolio Pulse from Renato Capelj

June 22, 2023 | 10:38 pm

LRCX

Lam Research has announced the formation of a new business unit, Semiverse Solutions, which will be led by Corporate Vice President David Fried.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 10:07 pm

ICPT

Intercept Pharmaceuticals received a Complete Response Letter (CRL) from the FDA for its New Drug Application (NDA) for obeticholic acid (OCA) as a treatment for pre-cirrhotic fibrosis due to NASH. The company will discontinue all NASH-related investment and restructure its operations to focus on rare and serious liver diseases.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 9:46 pm

ATVI

MSFT

Microsoft plans to raise the prices of Xbox Series X consoles in several countries, excluding the U.S., Japan, Chile, Brazil, and Colombia, starting in August. The company will also implement the first-ever price increase for its Xbox Game Pass and Xbox Game Pass Ultimate subscriptions, effective next month. The price adjustment is unrelated to Microsoft's proposed acquisition of Activision Blizzard.

Portfolio Pulse from Franca Quarneti

June 22, 2023 | 9:34 pm