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SPOT

Spotify Technology SA (NYSE:SPOT) has introduced a new feature for its Premium subscribers, offering access to up to 15 hours of audiobooks each month. The service, initially launched in the U.S. in September 2022, will be available in the U.K. and Australia, with a U.S. launch scheduled later this year. The move is seen as a challenge to Amazon Inc.'s (NASDAQ:AMZN) Audible, which uses a credit system for audiobook access.

Portfolio Pulse from Ananya Gairola

October 04, 2023 | 3:46 am

DWAC

NVAX

PLTR

TSLA

U.S. stocks experienced a downturn with the S&P 500, Dow, and NASDAQ declining. Novavax's stock increased following the FDA's Emergency Use Authorization for its updated Covid-19 vaccine. Palantir's stock declined despite a good quarter. Digital World Acquisition Corporation's stock increased, influenced by the ongoing civil fraud case against Donald Trump. Tesla's stock declined due to concerns about potential impacts on the company's profit margins following the introduction of a cheaper Model Y variant.

Portfolio Pulse from Benzinga Neuro

October 04, 2023 | 1:47 am

9202.T

Japan's JR train network has increased its rail pass prices by an average of 70% for tourists, the first such increase in forty years. The new fares reflect service extensions and system upgrades. Despite the price hike, tourists can pay an extra fee to ride the fastest bullet-train services. However, the price increase may push some visitors to shift to low-cost carriers, such as Jetstar and All Nippon Airways Co.’s Peach, for long-distance intercity travel.

Portfolio Pulse from Benzinga Neuro

October 04, 2023 | 1:21 am

SONY

Sony Group Corp. is set to release a Spider-Man 2 PlayStation 5 bundle, priced at $560, aiming to boost sales and reach its target of selling 25 million consoles this year. The bundle, which includes a digital download of the game, is scheduled to launch on Oct. 20. This is part of Sony's strategy which also includes discounting older bundles and offering free game downloads for new PS5 activations until Oct. 21.

Portfolio Pulse from Franca Quarneti

October 03, 2023 | 10:31 pm

FOX

FOXA

RUM

Despite skipping the second Republican primary debate, former President Donald Trump continues to lead in the polls for the 2024 GOP nomination. The latest Morning Consult poll shows Trump with a 48-point lead, gaining five points from last week. The second debate was broadcast on Fox Business, a unit of Fox Corporation (NASDAQ:FOX)(NASDAQ:FOXA), and livestreamed on Rumble Inc (NASDAQ:RUM). Viewership for the second debate fell 27% from the first debate.

Portfolio Pulse from Chris Katje

October 03, 2023 | 10:20 pm

VRTX

Vertex Pharmaceuticals has presented updated results from its ongoing Phase 1/2 study of VX-880 in Type 1 Diabetes. The two patients with at least 1 year of follow-up met the primary endpoint of elimination of severe hypoglycemic events and HbA1c <7.0%. All patients treated with VX-880 have demonstrated islet cell engraftment and glucose-responsive insulin production.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 10:08 pm

BNBUSD

BTCUSD

DOGEUSD

ETHUSD

HMC

NSANY

SHIBUSD

XRPUSD

Honda Motor Co Ltd. has expanded its payment options to include around 46 cryptocurrencies, in partnership with blockchain payment system, FCF Pay. This move comes as Japan sees a rise in crypto funding for startups and the country's ruling Liberal Democratic Party's Web3 project team releases proposals to expand the Web3 industry. Honda also unveiled a new limited edition NFT at the Formula One Honda & Red Bull welcome event in Tokyo.

Portfolio Pulse from Khyathi Dalal

October 03, 2023 | 9:57 pm

MSFT

Microsoft Corp (NASDAQ:MSFT) announced that six games will be leaving Xbox Game Pass in October 2023. The games will be available for purchase at a 20% discount before being removed from the subscription service. Phil Spencer, the head of Xbox, recently acknowledged a price increase for Xbox Game Pass was 'inevitable' in the future, following a recent price hike due to inflation and economic factors.

Portfolio Pulse from Franca Quarneti

October 03, 2023 | 9:25 pm

TAK

Takeda Pharmaceutical Company Limited's dengue vaccine has been recommended by the World Health Organization (WHO) advisory group for introduction in high dengue burden and transmission areas in children aged six to 16 years.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 8:51 pm

IOBT

IO Biotech has announced that it will be presenting posters at the Society for Immunotherapy of Cancer's (SITC) 38th Annual Meeting on November 3-4. The company's presentations will likely focus on its latest research and developments in the field of immunotherapy.

Portfolio Pulse from Bill Haddad

October 03, 2023 | 8:38 pm