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AAPL

BTCUSD

TSLA

Bitcoin miners have sold off 20,000 BTC in a week, marking the largest sell-off since April. Cathie Wood's Ark Invest continues to reduce its Tesla holdings, selling more than $8M worth of shares. Apple's support for the Right to Repair law in California has been enacted. Analysts are concerned about Apple's Q4 results as its stock takes a dive. Tesla's Q3 earnings report is under scrutiny, with analysts speculating about potential stock selloff due to margin erosion.

Portfolio Pulse from Akanksha Bakshi

October 11, 2023 | 1:31 pm

TGVC

TG Venture has received a notice from Nasdaq stating that it no longer meets the listing rule which requires listed companies to maintain a minimum of 400 total holders.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 1:29 pm

ABT

Abbott Laboratories (ABT) is planning to enter the consumer wearables market as COVID-19 testing sales decline. The company's CEO, Robert Ford, announced the strategic move at the HLTH conference in Las Vegas. Abbott's latest wearable sensor, Lingo, which tracks glucose levels and offers personalized coaching recommendations, is set to be released in the U.S. next year. The company is preparing to submit its Lingo filing to the FDA by the end of the year.

Portfolio Pulse from Vandana Singh

October 11, 2023 | 1:29 pm

SPY

USO

VGK

Russian President Vladimir Putin stated that without oil supply cuts, the price of oil could have fallen below $50 per barrel. He also mentioned that the OPEC+ deal is likely to continue.

Portfolio Pulse from Charles Gross

October 11, 2023 | 1:19 pm

VJET

Voxeljet (NASDAQ:VJET) has been selected by GE Research for a $14.9M contract funded by the U.S. Department of Energy (DoE) to develop advanced manufacturing technologies. The project aims to develop a voxeljet sand binder jet 3D printer for manufacturing large sand-casting molds, which will be used to produce metallic near net shape (NNS) components for the wind and hydro energy sectors. The goal is to reduce production time and costs, with the potential to reduce overall hydropower costs by 20% and lead times by four months.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 1:16 pm

BCT

BCTX

BCTXW

BriaCell Therapeutics Corp. (NASDAQ:BCTX, BCTXW) (TSX:BCT) will host a virtual Key Opinion Leader (KOL) event on October 26, 2023, to discuss the potential of Bria-IMT™ in advanced metastatic breast cancer. The event will feature Dr. Adam M. Brufsky from the University of Pittsburgh School of Medicine and Dr. Saranya Chumsri from Mayo Clinic. BriaCell recently reported patient survival and clinical benefit with median overall survival of 13.5 months in BriaCell's advanced metastatic breast cancer patients. Bria-IMT™ has been awarded Fast Track status by the U.S Food and Drug Administration for the treatment of advanced metastatic breast cancer and initiated a phase 3 pivotal registration study.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 1:11 pm

INO

Inovio Pharmaceuticals Inc's stock is surging after the FDA allowed the company to use data from the completed Phase 1/2 trial of INO-3107 for a Biological License Application (BLA) for accelerated approval. The company will not need to conduct a planned Phase 3 trial for the submission. However, a confirmatory trial will be required before the submission. If approved, INO-3107 would be the first DNA medicine in the U.S. and the first Inovio candidate to be approved.

Portfolio Pulse from Adam Eckert

October 11, 2023 | 1:07 pm

EIS

META

VGK

The EU's tech regulator has warned Meta Platforms Inc's CEO Mark Zuckerberg over a surge in disinformation, particularly related to the Israel-Hamas conflict. The regulator has expressed concerns over the company's ability to manage and control such content.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 1:06 pm

PLUG

Plug Power Inc (NASDAQ:PLUG) shares are trading higher after the company disclosed new information in a regulatory filing and ahead of its annual symposium. The company expects strong gross margin expansion through 2030 and has made investments to capture the planned hydrogen push. The company also provided a long-term revenue outlook, including expectations for $1.2 billion in revenue this year, $6 billion in 2027 and $20 billion in 2030. Plug Power also signed a memorandum of understanding with Fortescue to evaluate the potential supply of equipment for green hydrogen production projects across North America.

Portfolio Pulse from Adam Eckert

October 11, 2023 | 1:04 pm

EIS

The conflict between Israel and Hamas is escalating, with international actors becoming involved. Hezbollah, an Iranian-backed militia, has launched missiles from Lebanon, and the head of the Kataib Hezbollah militia has threatened to target American bases if the US intervenes. US Secretary of State Antony Blinken is due to visit Israel to express support, and the US has delivered advanced ammunition to Israel. Treasury Secretary Janet Yellen has suggested that further sanctions on Iran may be imposed. The Israeli shekel has weakened by 0.2%, and the iShares MSCI Israel ETF (NYSE:EIS) fell 0.9% on Wednesday.

Portfolio Pulse from Piero Cingari

October 11, 2023 | 1:03 pm