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WBD

Disney's CEO, Robert Iger, announced that the company's core brands, including Disney, Pixar, Marvel, and Star Wars, will not be licensed to competitors like Netflix. This decision contrasts with Warner Bros. Discovery's approach, which has licensed some of its DC Universe content to Netflix. Iger emphasized the competitive advantage these brands provide for Disney's streaming business.

Portfolio Pulse from Ananya Gairola

November 09, 2023 | 5:17 am

TSLA

There are reports that Tesla Inc (NASDAQ:TSLA) might be adding a HEPA filter to its refreshed Model 3, a feature already present in other Tesla models. However, these reports are unconfirmed and some sources suggest they may be inaccurate. The addition of a HEPA filter would significantly improve in-cabin air quality.

Portfolio Pulse from Anan Ashraf

November 09, 2023 | 4:51 am

DIS

Disney's CEO, Bob Iger, has admitted that the company's recent films have not met their quality standards, leading to box office disappointments. This includes underperformance of films like 'Ant-Man and the Wasp: Quantumania' and bleak projections for 'The Marvels'. In response, Iger plans to overhaul the film studio, being more discerning about sequels and new original movies.

Portfolio Pulse from Benzinga Neuro

November 09, 2023 | 4:44 am

GOOG

GOOGL

Alphabet Inc.'s YouTube TV has emerged as the company's fastest-growing product, with a 48% growth rate from October 2022 to October 2023, according to internal figures. The platform also recorded the highest engagement and retention rates among all Google products. The growth can be attributed to the December deal with the NFL to stream most Sunday Ticket games on YouTube TV. YouTube continues to significantly boost Google's revenues, with a 12.5% YoY ad revenue increase in the last quarter, totaling $7.95 billion.

Portfolio Pulse from Ananya Gairola

November 09, 2023 | 3:56 am

TSLA

Tesla CEO Elon Musk reminisced about the introduction of the glass roof on the Model S luxury sedan. The glass roof was introduced in 2016 for consumers looking to see the skies. The company updated the glass roof in March this year to weigh less and let in five times more light than before.

Portfolio Pulse from Anan Ashraf

November 09, 2023 | 3:39 am

TSLA

Tesla Inc (NASDAQ:TSLA) has increased the prices of its Model 3 and Model Y Long Range versions in China by up to 2,500 yuan. The price of the Model 3 Long Range has been raised by 1,500 yuan ($206 USD), while the Model Y Long Range has seen a price surge of 2,500 yuan ($344 USD). Despite the price hike, the Model Y Long Range continues to be cheaper than Oct. 2022 when Tesla first started cutting prices in China.

Portfolio Pulse from Anan Ashraf

November 09, 2023 | 2:03 am

CDIO

Cardio Diagnostics Holdings Inc. (NASDAQ:CDIO) shares traded lower after the company announced that Family Medicine Specialists (FMS) has selected its epigenetic-genetic tests for identifying patients at risk for coronary heart disease. FMS plans to use the Epi+Gen CHD test on at least 1,200 patients with CHD risk factors. The stock experienced an above-average trading volume of 81.05 million shares compared to its average volume of 7.36 million.

Portfolio Pulse from Ryan Gustafson

November 08, 2023 | 11:48 pm

CMCSA

DIS

PENN

Walt Disney Co (NYSE:DIS) reported Q4 financial results and updates on its Disney+ streaming platform. CEO Bob Iger highlighted the growth of ESPN, with plans to expand the brand through a direct-to-consumer push. Disney is also buying out the stake of streaming platform Hulu from Comcast Corporation (NASDAQ:CMCSA), with a combined Hulu and Disney+ app expected next month. Iger also addressed the ongoing Hollywood Strike, stating the impact was minimal but could become significant if it continues. Disney's shares rose 3.4% in after-hours trading.

Portfolio Pulse from Chris Katje

November 08, 2023 | 11:06 pm

NOVA

Sunnova Energy International Inc. has been selected by the U.S. Department of Energy's Grid Deployment Office as part of a $440 million investment from the Puerto Rico Energy Resilience Fund. The company is expanding its Sunnova Sentient Virtual Power Plant (VPP) platform to Puerto Rico to participate in LUMA's Customer Battery Energy Sharing (CBES) program. This initiative aims to transform the role of distributed solar and storage customers in enhancing grid stability during peak demand periods, offering financial incentives for participation. Sunnova also plans to install rooftop solar and batteries in vulnerable single-family households across Puerto Rico.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 11:06 pm

ATRA

Atara Biotherapeutics announced that its Phase 2 EMBOLD clinical trial of ATA188 for non-active progressive multiple sclerosis did not meet the primary endpoint of confirmed disability improvement at 12 months. The company plans to further analyze the data and evaluate strategic options for the ATA188 program. Despite the setback, Atara plans to focus resources on advancing its allogeneic CAR-T portfolio and expects to extend its cash runway beyond Q3 2025.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 11:04 pm