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Cryptocurrencies like Bitcoin, Ethereum, and Dogecoin show mixed performance as analysts predict significant movements, including a potential Dogecoin pump. US markets see cautious optimism with Nasdaq and S&P futures flatlining ahead of key data, while Waste Management and Goodyear Tire are stocks to watch. Political and economic developments, including US-China tensions and EU climate policy shifts, alongside tech and EV sector updates, including Apple, Google, and Tesla, highlight the global landscape. Elon Musk's activities, from SpaceX Mars plans to Tesla's challenges, also draw attention.

Portfolio Pulse from Akanksha Bakshi

February 12, 2024 | 2:21 pm

LCID

The National Highway Traffic Safety Administration (NHTSA) is investigating the effectiveness of Lucid Group Inc's software update remedy for a recall of over 2,000 Air Sedans due to a windshield defrosting issue. The recall, issued in January for vehicles made during 2022-2023, concerns the failure of the high voltage coolant heater (HVCH) to defrost the windshield. Lucid's solution involves a software update to alert drivers of a failure, but NHTSA is concerned this may not be sufficient. The investigation follows a similar recall by Jaguar Land Rover, which opted to replace the coolant heater in affected vehicles. Lucid delivered 6,001 vehicles in 2023 and will discuss its full-year financial results on Feb. 21.

Portfolio Pulse from Anan Ashraf

February 12, 2024 | 11:11 am

RIO

Rio Tinto PLC (NYSE:RIO) faces pressure from socially conscious investors and lenders due to water management issues at its Oyu Tolgoi copper mine in Mongolia and an ilmenite mine in Madagascar. The Local Authority Pension Fund Forum (LAPFF) has raised concerns, which could affect Rio Tinto's efforts to gain approval for new mines in Serbia and Arizona. LAPFF, representing U.K. pension funds with over $445 billion in assets, plans to push for an independent water impact assessment at Rio Tinto's mine sites. The company has been graded 'F' by environmental adviser CDP for not disclosing water data since 2016. Rio Tinto will report its Q4 FY23 results on February 21, 2024.

Portfolio Pulse from Lekha Gupta

February 12, 2024 | 10:49 am

TSLA

The Dawn Project launched a Super Bowl ad campaign targeting Tesla Inc. (NASDAQ:TSLA) for safety issues with its self-driving software. The ads, featuring real crash footage, urge a boycott of Tesla, highlighting the company's inaction following fatal crashes and the NHTSA's calls for a ban on the software. This campaign is part of ongoing efforts to raise safety concerns about Tesla's Full Self-Driving software.

Portfolio Pulse from Benzinga Neuro

February 12, 2024 | 6:10 am

META

NVDA

TSLA

Tesla Inc (NASDAQ:TSLA) is facing challenges maintaining its status among the 'Magnificent Seven' tech stocks, with a 22% stock price drop in 2024 and doubts about its AI and EV market position. Unlike its peers, such as NVIDIA Corp (NASDAQ:NVDA) and Meta Platforms Inc (NASDAQ:META), Tesla's growth is hindered by a slowdown in EV demand and skepticism about its AI capabilities. Analysts have significantly cut Tesla's profit estimates, highlighting its reliance on the cyclical automotive industry and the uncertain future of self-driving technology.

Portfolio Pulse from Benzinga Neuro

February 12, 2024 | 6:02 am

GOOG

GOOGL

A Waymo self-driving car was vandalized and set on fire by a crowd in San Francisco's Chinatown during Lunar New Year celebrations. This incident, confirmed by Waymo, a subsidiary of Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), marks a significant attack on autonomous vehicles in the U.S. The San Francisco Police Department is investigating, and the incident raises concerns about public acceptance and safety of autonomous vehicles amidst increasing scrutiny of the industry.

Portfolio Pulse from Benzinga Neuro

February 12, 2024 | 1:31 am

TSLA

A court has ruled that Elon Musk is required to testify in an SEC investigation related to Twitter. This development is part of ongoing scrutiny into Musk's activities and statements on the social media platform.

Portfolio Pulse from Charles Gross

February 11, 2024 | 4:17 pm

AAPL

Apple Inc. (NASDAQ:AAPL) had a notable week with its new mixed reality headset, the Vision Pro, making headlines. A Tesla driver was criticized for wearing the Vision Pro while driving, German customs seized the device from customers due to import regulations, and a lawsuit against Apple's CEO Tim Cook was dismissed. Additionally, Apple dominated smartphone shipments, claiming seven of the top ten spots, and the resale market for the Vision Pro saw prices skyrocket.

Portfolio Pulse from Benzinga Neuro

February 11, 2024 | 5:50 am

CMCSA

Donald Trump faces a historic criminal trial in Manhattan, charged with 34 felony counts related to hush money payments. The trial, initially set for March 25, may be rescheduled. Stormy Daniels confirmed she will testify. A documentary about Daniels, directed by Sarah Gibson, will be released on Comcast Corporation's Peacock platform on March 18.

Portfolio Pulse from Nabaparna Bhattacharya

February 10, 2024 | 5:55 pm

DIS

PLTR

PYPL

TSLA

Benzinga's analysis highlights the S&P 500 and Nasdaq 100's positive performance, driven by AI optimism. Treasury Secretary Janet Yellen expressed concerns about digital assets and the commercial real estate sector, advocating for regulatory action and fiscal sustainability. Bullish views were shared on Tesla, Palantir, and a meme coin named Floki, while bearish perspectives focused on the market dominance of tech giants, Disney's diversity policies, and PayPal's conservative outlook for 2024.

Portfolio Pulse from Michael Cohen

February 10, 2024 | 1:39 pm