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MA

UniCredit and Mastercard have expanded their payment partnership, creating a single card multi-market strategy across 13 European banks. This marks the first time a large commercial bank has implemented such a strategy in Europe.

Portfolio Pulse from Benzinga Newsdesk

May 26, 2023 | 10:03 am

GOOG

GOOGL

YouTube is discontinuing its Stories feature on June 26, shifting focus towards Community Posts and Shorts. The decision comes as YouTube aims to enhance content creation and engagement within the platform.

Portfolio Pulse from Aveek Bhowmik

May 26, 2023 | 9:54 am

FXI

MRNA

Moderna has confirmed the incorporation of a legal entity in China, as the company explores opportunities to bring its mRNA platform to the Chinese market.

Portfolio Pulse from Charles Gross

May 26, 2023 | 9:40 am

ESALY

MRK

PFE

Merck announced positive data from the Phase 3 CLEAR/KEYNOTE-581 trial of Keytruda plus Eisai's Lenvima for advanced renal cell carcinoma. The combo showed a clinically meaningful overall survival benefit compared to Pfizer's Sutent.

Portfolio Pulse from Vandana Singh

May 26, 2023 | 9:36 am

AMZN

CMCSA

DIS

NFLX

Amazon Prime Video mocked Netflix's recent crackdown on password sharing with a meme and a throwback to Netflix's 2017 tweet about sharing passwords. Netflix initiated the crackdown after discovering that over 100 million households globally engage in account sharing.

Portfolio Pulse from Ananya Gairola

May 26, 2023 | 9:21 am

PCRFY

TSLA

Wedbush analyst Daniel Ives is impressed by Tesla's efforts to reduce battery costs by 30-50% and ramp up battery production at Giga Nevada. The company aims to produce 100 GWh capacity of in-house 4680 battery cells per year, which would be sufficient to power about 2 million EVs annually.

Portfolio Pulse from Shanthi Rexaline

May 26, 2023 | 9:07 am

AZN

EWJ

AstraZeneca's Ultomiris has been approved in Japan as the first and only long-acting C5 complement inhibitor for the prevention of relapses in patients with neuromyelitis optica spectrum disorder.

Portfolio Pulse from Charles Gross

May 26, 2023 | 8:50 am

GOOG

GOOGL

MSFT

LinkedIn co-founder Reid Hoffman discussed the impact of AI on the job market, emphasizing its potential to disrupt traditional jobs and provide opportunities for worker upskilling and adaption. Major tech companies, including Microsoft and Alphabet, are in an AI arms race, with concerns raised about potential job losses associated with AI advancements.

Portfolio Pulse from Ananya Gairola

May 26, 2023 | 8:22 am

TSLA

Tesla CEO Elon Musk announced that the Roadster will reach production by the end of 2023, with design and engineering to be completed this year. However, Musk stated that the Roadster will not have a significant financial impact on Tesla.

Portfolio Pulse from Anan Ashraf

May 26, 2023 | 7:53 am

NVO

The European Medicines Agency's Committee for Medicinal Products for Human Use has adopted a positive opinion for Novo Nordisk's once-weekly Sogroya (Somapacitan) for growth hormone deficiency in children aged 3 years and above, and adolescents.

Portfolio Pulse from Benzinga Newsdesk

May 26, 2023 | 7:37 am