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BYDDY

Chinese EV maker BYD Co Ltd, backed by Warren Buffett's Berkshire Hathaway, is considering building a factory in Europe, with potential locations including France, Spain, and Germany. The company recorded a surge in April delivery numbers, with battery electric vehicle deliveries rising 83.9% YoY and 1.6% MoM.

Portfolio Pulse from Anan Ashraf

May 22, 2023 | 12:24 pm

PYPL

Venmo introduces the Venmo Teen Account, allowing parents and legal guardians to open a Venmo account for teenagers aged 13 to 17. The account comes with a Venmo Teen Debit Card and offers built-in parental controls and oversight capabilities.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 12:24 pm

KULR

KULR Technology Group has received a development contract from a US military branch to develop high-energy battery packs for uninterruptible power supplies to mobile command centers.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 12:23 pm

MU

Micron Technology (MU) clarified that smartphones are not included in the percentage range for the impact expected from the ongoing chip shortage.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 12:21 pm

NARI

Inari Medical announces the PEERLESS II randomized controlled trial to evaluate the clinical outcomes of its FlowTriever System compared to anticoagulation in pulmonary embolism patients.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 12:20 pm

HEPA

Hepion Pharmaceuticals announced positive results from its phase 2 study to treat liver function, leading to a surge in its share prices.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 12:18 pm

PIRS

Pieris Pharmaceuticals presented encouraging preclinical data for PRS-400, an inhaled therapy for muco-obstructive lung diseases, at the ATS 2023 International Conference. The data showed that PRS-400 reached desired potency goals and demonstrated in vivo proof of concept. PRS-400 is expected to advance to clinical development later this year.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 12:17 pm

AAPL

UAL

United Airlines has become the first U.S. airline to support Live Activities for iPhone, providing real-time access to flight information on the Lock Screen or Dynamic Island without opening the United app. The feature is expected to be widely available by the end of May.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 12:11 pm

TWST

Twist Bioscience has launched a portfolio of RNA sequencing tools, including Twist RNA Exome, Twist RNA Library Prep Kit, Twist Ribosomal RNA & Hemoglobin Depletion Kit, and custom target enrichment capabilities for RNA & whole transcriptome sequencing.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 12:10 pm

KRYS

The FDA has approved Krystal Biotech's Vyjuvek, the first-ever redosable gene therapy for the treatment of dystrophic epidermolysis bullosa (DEB). Vyjuvek is expected to be available in the US in Q3 2023. Krystal Biotech has also announced a private placement of 1.73 million shares at $92.50, raising approximately $160 million.

Portfolio Pulse from Vandana Singh

May 22, 2023 | 12:10 pm