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AAPL

Thieves are attempting to trick users into disabling security measures on stolen iPhones to sell them. A Reddit user reported receiving texts to unlock their stolen iPhone and remove it from their Apple ID. Apple Inc. (NASDAQ:AAPL) advises users to report the theft, file a claim if they have AppleCare+ with Theft and Loss, remotely erase data, and change their Apple ID password.

Portfolio Pulse from Rounak Jain

November 29, 2023 | 11:56 am

FL

Foot Locker has expanded its physical presence by opening 22 new stores and remodeling or relocating 36 stores in Q3. However, the company also closed 14 stores during the same period. As of October 28, 2023, Foot Locker operates a total of 2,607 stores along with 190 franchised stores.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:55 am

GM

GM CEO Mary Barra has projected very strong profits for 2023, attributing the optimistic outlook to the company's exceptional vehicle portfolio and its operating discipline.

Portfolio Pulse from Charles Gross

November 29, 2023 | 11:38 am

FREY

FREYR Battery, a developer of clean, next-generation battery cell production capacity, has announced the successful completion of automated cathode casting trials, marking an important interim milestone in their production process. This achievement is a step forward in the company's efforts to scale up production and deliver on its commitments to provide environmentally friendly battery solutions.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:38 am

AAPL

Apple Inc. (NASDAQ:AAPL) is reportedly developing a more affordable version of its Vision Pro headset, aiming to reduce production costs by about 50%. The company plans to release two out of four second-generation Vision Pro models, with one being a high-end version and the other targeting a broader market with a lower price point. The budget-friendly model is expected to enter sample production in late 2024 and potentially launch in the second half of 2025.

Portfolio Pulse from Sudhanshu Singh

November 29, 2023 | 11:36 am

GM

GM CEO Mary Barra is scheduled to appear on CNBC at 9:15 AM ET, potentially discussing company strategies, performance, and future plans.

Portfolio Pulse from Charles Gross

November 29, 2023 | 11:35 am

KRTX

Karuna Therapeutics, Inc. (NASDAQ:KRTX) announced that the FDA has accepted its New Drug Application for KarXT for the treatment of schizophrenia in adults. The PDUFA date is set for September 26, 2024, which is the target action date for the FDA to make a decision on the drug's approval.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:31 am

AMZN

Amazon has introduced a new AI chatbot named Q, aimed at challenging Microsoft and Google in the productivity software domain. Q is designed for business operations and is currently in a preview version, with a full version costing $20-$25 per user per month. It will assist with AWS capabilities and troubleshooting, and can be integrated with apps like Salesforce's Slack and developers' text-editing applications.

Portfolio Pulse from Benzinga Neuro

November 29, 2023 | 11:25 am

LLY

UTHR

United Therapeutics has extended its exclusive license agreement with Eli Lilly for the marketing, promotion, and sale of Adcirca (tadalafil) tablets in the US until December 31, 2026. The agreement, which was set to expire on December 31, 2023, allows United Therapeutics to continue commercializing Adcirca for pulmonary hypertension treatment. Other terms of the agreement remain unchanged.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:14 am

KHC

The Kraft Heinz Not Company LLC, a joint venture between Kraft Heinz (NASDAQ:KHC) and NotCo, has launched KRAFT NotMac&Cheese, marking the first plant-based version of KRAFT Mac & Cheese in the U.S. This is the third plant-based food innovation from the collaboration within a year, reflecting the companies' commitment to expanding their plant-based food offerings.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:03 am