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LEU

Centrus Energy has initiated enrichment operations at its High-Assay Low-Enriched Uranium (HALEU) facility in Piketon, Ohio. This marks a significant milestone for the company and the nuclear industry.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 6:33 am

TSLA

Tesla Inc (NASDAQ:TSLA) has warned customers on its website of a 'strong likelihood' of the Model 3's $7500 tax credit being reduced to $3750 after December 31, citing pending federal guidance. The company has urged prospective buyers to take their deliveries before the end of the quarter to guarantee a full incentive of $7500. The U.S. Department of Energy had confirmed in June that all versions of the Model 3 would be eligible for a $7500 tax credit.

Portfolio Pulse from Anan Ashraf

October 12, 2023 | 6:28 am

CNHI

CNH Industrial's CASE has launched new subcompact, construction-grade product lines aimed at helping landscapers grow their business.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 6:27 am

AAPL

GOOG

Apple Inc. has opposed a proposed regulation in Australia that aims to regulate its digital wallet service, Apple Pay, like credit cards. Apple argues that this could hinder innovation and increase regulatory burden. The regulation is part of Australia's broader initiative to implement stricter laws for tech companies like Apple and Alphabet Inc’s Google.

Portfolio Pulse from Benzinga Neuro

October 12, 2023 | 5:17 am

TSLA

Tesla Inc (NASDAQ:TSLA) announced that it has produced 20 million 4680 cells at its Texas gigafactory. The company had previously announced in July that it had produced 10 million cells, implying a production rate of nearly 250,000 cells per month. The 4680 cells, unveiled in September 2020, are expected to enhance the performance of Tesla's vehicles. However, the company has not provided a clear deadline for achieving its proposed targets for the cells.

Portfolio Pulse from Anan Ashraf

October 12, 2023 | 5:07 am

BIRK

MSFT

NVO

TPST

TSLA

Major U.S. stock indices ended in the green on Wednesday, with the Nasdaq Composite marking notable gains. Tempest Therapeutics soared by 1470.83% after unveiling updated results from an ongoing Phase 1b/2 study. Microsoft experienced a 1.23% increase after unveiling new AI initiatives aimed at supporting the healthcare industry. Birkenstock faced a downturn of -12.61% after its IPO. Novo Nordisk marked a 6.27% increase after halting the FLOW trial early due to promising results. Tesla saw a slight decline of -0.24% after unveiling a new video ad campaign.

Portfolio Pulse from Benzinga Neuro

October 12, 2023 | 2:16 am

GOOG

GOOGL

MSFT

Google and Microsoft's AI chatbots have been found to provide inaccurate information about the ongoing Israel-Hamas conflict, including false reports of a ceasefire and incorrect death toll predictions. Both companies have acknowledged the issue and are working to improve the accuracy of their chatbots. However, concerns about the reliability of these AI products in delivering real-time news persist.

Portfolio Pulse from Ananya Gairola

October 12, 2023 | 2:09 am

BMY

Bristol Myers Squibb announced new three-year results from the POETYK PSO long-term extension trial of Sotyktu (Deucravacitinib) treatment in adult patients with moderate-to-severe plaque psoriasis. The clinical response was maintained at 73.2% for Psoriasis Area and Severity Index (PASI) 75 with three years of continuous Sotyktu treatment. Sotyktu demonstrated a consistent safety profile with no increases in adverse events or serious adverse events and no emergence of any new safety signals.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 10:03 pm

AAPL

AMZN

NFLX

Streaming companies are increasingly focusing on sports media, with Amazon and Netflix scoring big with sports documentaries. Amazon's documentary 'Kelce', featuring NFL player Travis Kelce, has become the most-watched documentary on Prime Video. Netflix's 'Beckham', a series about soccer star David Beckham, was the most-watched English-language TV program on Netflix last week. Apple is also set to benefit from a new documentary called 'Messi Meets America', featuring soccer star Lionel Messi.

Portfolio Pulse from Chris Katje

October 11, 2023 | 9:49 pm

PYPL

Circle Internet Financial, the issuer of USDC, has partnered with Coins.ph, a leading cryptocurrency exchange and digital wallet provider in the Philippines, to promote USDC-denominated remittances. The partnership aims to provide a secure, low-cost, and almost-instant solution for international money transfers. Coins.ph has 18 million Filipino users. The Philippines is the fourth largest recipient of remittances in the world, with remittances forming a major contributor to the country's economy.

Portfolio Pulse from Khyathi Dalal

October 11, 2023 | 9:48 pm