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BNTX

BionTech and Oncoc4 have announced the treatment of the first non-small cell lung cancer patient in a pivotal Phase 3 trial of BNT316/ONC-392 (Gotistobart). This trial is part of BionTech's strategy to initiate multiple pivotal trials in 2023 and 2024.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 10:48 am

DIS

KeyBanc Capital Markets analyst Brandon Nispel has downgraded Walt Disney Co. (NYSE:DIS) from Overweight to Sector Weight, citing five reasons. These include high expectations for Disney's domestic Parks, doubts about attendance and per-cap spending trends, potential margin pressure due to Disney's new labor contract in Florida and the accelerated depreciation of the Starcruiser, stalled direct-to-consumer subscriber growth, and structural changes in content. Disney shares were down 0.79% in premarket trading.

Portfolio Pulse from Shanthi Rexaline

June 29, 2023 | 10:37 am

RMTI

Rockwell Medical has entered into a three-year co-promotion services agreement with B. Braun Medical to promote Rockwell's hemodialysis concentrates products to dialysis providers in the United States, primarily on the West Coast.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 10:10 am

MNOV

Medicinova announced the results of the Phase 2B trial of MN-166 (Ibudilast) in Alcohol Use Disorder at the 46th Annual Research Society on Alcoholism Scientific Meeting. The results of the trial were presented by the principal investigator.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 10:07 am

BTAI

BioXcel Therapeutics announced that its TRANQUILITY II Phase 3 trial of BXCL501 for the acute treatment of Alzheimer's disease-related agitation has met its primary endpoint with the 60mcg dose.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 10:06 am

TSLA

Tesla has filed a U.S. patent application for 'Compositions and Methods for Energy Storage Device Electrodes'. This indicates the company's ongoing efforts to improve its battery technology, which is a key component of its electric vehicles.

Portfolio Pulse from Charles Gross

June 29, 2023 | 9:24 am

TSLA

Tesla, Inc. (NASDAQ:TSLA) is reportedly close to selling out its new inventory in Australia, with fewer than 20 vehicles remaining available for purchase nationwide. This follows the company's recent offering of free Supercharging for select Australian models and a discount of A$4,000 on certain vehicle models. The inventory clearance could position Tesla for a record-breaking sales quarter in Australia. Tesla is expected to announce its global second-quarter delivery figures on July 2, with Future Fund's Gary Black predicting record quarterly sales of 450,000 units.

Portfolio Pulse from Shanthi Rexaline

June 29, 2023 | 9:04 am

SNY

BioMed X Institute has started its first research project in collaboration with Sanofi. The project aims to develop a computational platform that can predict the efficacy of drug candidates in virtual patient populations with high accuracy. This could address the pharmaceutical industry's current 90% failure rate of new drug candidates during clinical development.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 9:03 am

GOOG

GOOGL

Google, a subsidiary of Alphabet Inc., has introduced a new feature called the 'Shop' tab on Android TV. This feature allows users to browse, rent, or buy movies directly from their television, including new releases not available on other platforms. The Shop tab also integrates with users' libraries, displaying purchases made through this tab and additional acquisitions from YouTube, other Google TV and Android TV sets, the Google TV smartphone app, and Play Movies & TV.

Portfolio Pulse from Ananya Gairola

June 29, 2023 | 8:53 am

GOOGL

Google's first foldable smartphone, the Pixel Fold, has received multiple user complaints on its first day of official release. Users reported issues such as dead displays, peeling screen protectors, and pink lines across the display within hours of use. Google's customer support is expected to be tested as it deals with these issues.

Portfolio Pulse from Rounak Jain

June 29, 2023 | 8:48 am