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MSFT

Grok AI chatbot, launched by Elon Musk, suggests that Musk should focus on colonizing Mars, aligning with his ambitions through SpaceX. Musk responded positively to Grok's comment. Musk has criticized Microsoft-backed OpenAI's ChatGPT for being 'censored' and 'woke', while praising Grok for being free of these constraints. He also mentioned that Grok's computational power will double every three months. Musk continues to advocate for making humanity a space-faring civilization, with Mars as a target due to its similarity to Earth and SpaceX's Starship rocket being a step towards this goal.

Portfolio Pulse from Rounak Jain

November 27, 2023 | 8:08 am

IQ

iQIYI has partnered with GSC Movies in Malaysia and Clover Films in Singapore to release Chinese films in these markets. This collaboration aims to expand the distribution and viewership of Chinese cinema in Southeast Asia.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 7:50 am

TSLA

Tesla Inc (NASDAQ:TSLA) is set to hold the delivery event for its all-electric Cybertruck at 1 p.m. CT on Thursday at the Gigafactory in Texas. The event time was clarified by Tesla's VP of Investor Relations, Martin Viecha, on his personal X account. Invites have been sent to selected retail investors, and a live stream will be available. The Cybertruck has garnered significant interest, with showrooms across the U.S. drawing crowds. Details on configuration and pricing remain undisclosed, and while Elon Musk has hinted at a future target of 250,000 Cybertruck deliveries per year, he suggests this may not be achieved until around 2025. Reservations for the Cybertruck have surpassed two million.

Portfolio Pulse from Anan Ashraf

November 27, 2023 | 6:55 am

IPHA

Innate Pharma announced a virtual KOL event to discuss lacutamab, an anti-KIR3DL2 antibody for T-cell lymphoma. Positive results from the TELLOMAK Phase 2 Trial in Sézary syndrome patients will be presented at the ASH Annual Meeting. The event is scheduled for December 12, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 6:25 am

AMZN

Elon Musk criticized Amazon for pulling ads from his social media platform X after he endorsed an antisemitic post, while Amazon faces backlash for selling 'Hamas-style' headbands and t-shirts. Musk called out the double standard as Amazon paused advertising on X due to pressure from an activist organization. X is projected to lose up to $75 million in ad revenue by year-end, but the impact is uncertain as some advertisers have returned or increased spending.

Portfolio Pulse from Shanthi Rexaline

November 26, 2023 | 3:52 pm

TSLA

Tesla, Inc.'s (NASDAQ:TSLA) Cybertruck is generating significant buzz ahead of its launch on Nov. 30, with fans queuing up at showrooms to see the vehicle. Elon Musk reacted positively to the enthusiasm. Analysts are divided on the impact of the Cybertruck, with some seeing a 'halo effect' on Tesla's lineup and others concerned about capacity and advising against the launch due to a growth slowdown. Over 2 million reservations have been made, but final order numbers are uncertain. TSLA stock closed up 0.53% on Friday.

Portfolio Pulse from Shanthi Rexaline

November 26, 2023 | 2:11 pm

TSLA

Elon Musk's concept of a Tesla Supercharger station combined with a diner and drive-in theater is taking shape in Los Angeles. The project, first teased in 2018, includes 28 Supercharger stalls and dual movie screens, offering entertainment and dining while customers charge their Teslas. The design aims to enhance the EV charging experience and may contribute to increased EV adoption. Tesla's Supercharger network is the largest in North America and is opening some chargers to non-Tesla EVs.

Portfolio Pulse from Bibhu Pattnaik

November 26, 2023 | 1:59 pm

TSLA

Elon Musk, CEO of Tesla Inc. (NASDAQ:TSLA), claims the upcoming Cybertruck will be bulletproof, featuring ultra-hard 30X cold-rolled stainless-steel body panels and 'armor glass' windows. However, the bulletproof effectiveness of these materials is unproven, with the armor glass failing in initial demonstrations. Tesla has patented a unique glass composition and offers an optional 'beast mode' for bulletproof windows. Despite Musk's demonstrations of the truck's resilience, experts are skeptical about its ability to withstand higher caliber bullets. Tesla aims to start Cybertruck deliveries by November 30 but faces production challenges due to the truck's unique design.

Portfolio Pulse from Nabaparna Bhattacharya

November 25, 2023 | 8:20 pm

AAPL

ABNB

AMZN

DIS

KO

MSFT

ORCL

WBD

Elon Musk's social media platform X is facing a potential loss of $75 million in ad revenue due to his support for an antisemitic post. Major advertisers like Disney and Warner Bros Discovery have paused their campaigns, and over 200 ad units from companies including Airbnb, Amazon, Coca-Cola, and Microsoft are reevaluating their strategies on X. The platform has seen a drop in U.S. ad revenue by at least 55% year-over-year each month since Musk's takeover. X has also filed a lawsuit against Media Matters for defamation.

Portfolio Pulse from Bibhu Pattnaik

November 25, 2023 | 4:51 pm

GOOG

GOOGL

YouTube Premium, part of Alphabet Inc. (GOOG, GOOGL), has launched a new feature called Playables, allowing subscribers to play games within the app without downloads. The feature includes a 'Home' tab with previously played and trending games, and a 'Browse' tab with about 37 titles. This addition follows recent price hikes for YouTube Premium in the U.S. and seven other countries. The feature is available until March 28, 2024, as YouTube gathers user feedback to decide on its permanence.

Portfolio Pulse from Rounak Jain

November 25, 2023 | 10:01 am