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TSLA

According to the China Passenger Car Association, Tesla delivered 72,115 China-made electric vehicles (EVs) in October, marking a 2.6% decrease compared to September.

Portfolio Pulse from Charles Gross

November 02, 2023 | 8:47 am

LCID

Lucid Motors (NASDAQ:LCID) is planning to integrate Apple Music and Amazon Music into its luxury electric vehicles (EVs), according to a recent job advertisement. The company is seeking a Senior Product Manager, Media Partner Management, to help with the integration. The move is expected to provide a more seamless user experience for Lucid car owners. Lucid is also set to unveil the Gravity SUV at the LA Auto Show later this month, with production expected to commence towards the end of 2024.

Portfolio Pulse from Benzinga Neuro

November 02, 2023 | 8:38 am

AAPL

A TikTok user received 60 iPhone 15 Pro Max units, worth approximately $96,000, mistakenly dispatched by Apple Inc. instead of his original order. The user had ordered one iPhone 15 Pro Max 1TB and three 256GB units. Apple can deactivate iPhones acquired unlawfully remotely, and it is yet to be seen how the company will resolve this issue.

Portfolio Pulse from Benzinga Neuro

November 02, 2023 | 8:36 am

IDCC

InterDigital has signed a multi-year, royalty-bearing global license agreement with Lenovo for its High Efficiency Video Coding (HEVC) video patents. The financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 8:33 am

DOGEUSD

Kabosu, the Shiba Inu behind the Doge meme and Dogecoin (CRYPTO: DOGE), turned 18 and a statue was erected in her honor in Sakura City, Japan. The event was organized by an online community called Own The Doge, which collectively owns the Doge meme NFT. The Dogecoin Foundation, closely associated with the meme cryptocurrency, celebrated the event. At the time of writing, DOGE was trading at $0.069, up 3.76% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

November 02, 2023 | 8:06 am

DIS

GOOG

NFLX

YouTube, owned by Alphabet Inc., has announced a price increase for its YouTube Premium service in seven countries, following a similar increase in the US. The price hike affects YouTube Premium and YouTube Music Premium's individual, family, and student plans. The move comes as YouTube is cracking down on ad blockers globally, pushing users to either watch ads or pay for a YouTube Premium subscription. Other streaming services, including Netflix, Disney+, and HBO Max, have also announced price hikes.

Portfolio Pulse from Rounak Jain

November 02, 2023 | 8:04 am

MOLN

Molecular Partners has released initial data from its ongoing Phase 1/2a trial of MP0533 for patients with relapsed/refractory AML and AML/MDS. The preliminary data indicates an acceptable safety profile with no dose-limiting toxicity or severe adverse reactions. Five patients across three dosing regimens have been treated as of 20 July 2023.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 7:00 am

TEVA

Teva Pharmaceuticals has published the efficacy and safety findings from the Phase 3 Risperidone Subcutaneous Extended-Release study in The Lancet Psychiatry.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 6:36 am

CRVS

Corvus Pharmaceuticals has published preclinical data demonstrating the potential of ITK inhibition with Soquelitinib as a novel approach to T cell-mediated inflammatory and immune diseases.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 6:32 am

AAPL

Apple Inc. (NASDAQ:AAPL) plans to start the production of its iPhone 17 in India by the second half of 2024, marking the first time a New Product Introduction (NPI) begins outside China. The initiative will be led in partnership with contract manufacturers such as Foxconn, Pegatron, and the newly joined Tata Group. This move is part of Apple's strategy to diversify its supply chain and reduce its dependence on Foxconn’s facilities in China. Analyst Ming-Chi Kuo predicts that if the transition is successful, iPhones manufactured in India could account for 20–25% of the global market by 2024.

Portfolio Pulse from Shomik Sen Bhattacharjee

November 02, 2023 | 6:12 am