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NFLX

Netflix Inc. (NASDAQ:NFLX) has announced an upgrade to its ad-supported plan, allowing users to download movies and shows. The downloaded content will be ad-free, making Netflix the only ad-supported streaming service to offer this feature. The company's ad-supported package has 15 million active users globally each month. Netflix also plans to introduce new ad formats, including live sponsors for sports events and ads with QR codes. This move comes after a recent price hike in Netflix’s subscription costs in the US, UK, and France.

Portfolio Pulse from Rounak Jain

November 02, 2023 | 11:47 am

TRVI

Trevi Therapeutics has initiated its Phase 2A RIVER trial of Haduvio in refractory chronic cough patients. The topline data from this trial is expected to be released in the second half of 2024.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 11:46 am

ACXP

Acurx Pharmaceuticals announced top-line results from Phase 2 trials of Ibezapolstat, showing a 96% clinical cure rate in patients with C. difficile infection. The drug was well tolerated with no serious adverse events reported. Further analyses are forthcoming, and preparations are underway for an End-of-Phase 2 FDA meeting and advancement to Phase 3. Despite the positive results, Acurx's shares experienced a selloff.

Portfolio Pulse from Charles Gross

November 02, 2023 | 11:45 am

ACXP

Acurx Pharmaceuticals has announced the efficacy results from the Phase 2 trial of Ibezapolstat for C. Difficile infection, with a 96% clinical cure rate in patients after 10 days of oral treatment. The trial met its primary objective of assessing the primary efficacy endpoint.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 11:44 am

GM

RIVN

TM

TSLA

Battery electric vehicles (BEVs) accounted for 21.5% of new vehicle registrations in California for the first nine months of 2023, nearly three times the national average. Tesla Inc (NASDAQ:TSLA) led the pack with 183,278 registrations, followed by General Motors Co (NYSE:GM) with 15,152. Rivian Automotive Inc (NASDAQ:RIVN) saw the biggest jump in registrations, up 176.8% to 6,740 units. Toyota Motor Corp (NYSE:TM) remains the best-selling automaker overall.

Portfolio Pulse from Anan Ashraf

November 02, 2023 | 11:42 am

SUPN

Supernus Pharmaceuticals has announced that the US FDA has acknowledged the resubmission of the New Drug Application (NDA) for the continuous treatment of motor fluctuations in Parkinson's disease.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 11:27 am

MSFT

RCM

R1 RCM has expanded its collaboration with Microsoft to accelerate the development and integration of generative AI into its healthcare revenue cycle management platform.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 11:25 am

AAPL

Apple Inc.'s latest flagship, the iPhone 15 Pro Max, is facing criticism over its camera quality. Users have found that when they move too close to a subject, the phone automatically switches to 5x digital zoom instead of using optical zoom, resulting in grainy, lower quality images. There is currently no way to turn off this automatic switch.

Portfolio Pulse from Rounak Jain

November 02, 2023 | 11:22 am

WMS

Advanced Drainage Systems (ADS) has announced plans to build a new, state-of-the-art pipe manufacturing facility in Lake Wales, Florida. The new facility is expected to enhance the company's production capabilities and expand its market reach.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 10:53 am

AAPL

Apple Inc. is set to enhance its Apple Arcade offerings by launching eight new games and rolling out significant updates for existing titles over the holiday season. The new games include Football Manager 2024 Touch and will be released weekly throughout November and December. Major updates are planned for titles such as Hello Kitty Island Adventure and NBA 2K24 Arcade Edition. This move is part of Apple's ongoing efforts to expand its gaming offerings and enhance user experience on its Apple Arcade platform.

Portfolio Pulse from Benzinga Neuro

November 02, 2023 | 10:53 am