Streetbeat News

Partnerships

F

KARS

LCID

TSLA

UBER

The EV sector faced selling pressure last week amid a broader market downturn. Tesla's stock dipped despite strong sales in China and positive updates on its FSD technology. Uber partnered with BYD to introduce 100,000 new EVs to its platform. Lucid Motors provided an update on its Gravity SUV production. Ford reported a significant increase in EV sales for July. The KraneShares Electric Vehicles and Future Mobility Index ETF fell 3.47% for the week.

Portfolio Pulse from Shanthi Rexaline

August 03, 2024 | 5:30 pm

TSLA

Elon Musk discussed the idea of a 'government deficiency commission' with Donald Trump, expressing interest in joining it to reduce regulatory accumulation. Musk believes this could help key projects like high-speed rail. Despite Trump's stance against EV subsidies, Musk thinks the impact on Tesla would be slight and could benefit the company long-term.

Portfolio Pulse from Anan Ashraf

August 03, 2024 | 7:44 am

TSLA

Elon Musk projects that Grok, an AI system by xAI, will become the world's leading AI system by leveraging real-time data from X (formerly Twitter), Tesla cars, and Optimus robots. Musk emphasizes the importance of potent training compute and efficient use of data. xAI recently raised $6 billion in Series B funding and has attracted several ex-Tesla employees.

Portfolio Pulse from Rounak Jain

August 03, 2024 | 3:56 am

BTCUSD

ETHUSD

Crypto industry executives are set to meet with White House officials to discuss potential policy changes around digital assets. This follows a previous roundtable in July and comes amid political promises and criticisms regarding cryptocurrency regulation.

Portfolio Pulse from Rounak Jain

August 03, 2024 | 3:06 am

BABA

MS

NVDA

Cryptocurrency markets are trading lower, with Bitcoin, Ethereum, and Dogecoin experiencing notable declines. Large transaction volumes have decreased, while daily active addresses have increased. Morgan Stanley is offering Bitcoin ETFs to select clients, and Alibaba and Nvidia stocks are being used as incentives for crypto trading by Hong Kong's Futu Securities.

Portfolio Pulse from Khyathi Dalal

August 02, 2024 | 8:17 pm

MSFT

SONY

Riot Games has launched Valorant Console on Xbox Series X/S and PlayStation 5, expanding the game's reach beyond PC. The console version will not support cross-play with PC but will allow cross-play between PlayStation and Xbox. Xbox Game Pass members will receive additional perks, including access to all current and future Agents.

Portfolio Pulse from Franca Quarneti

August 02, 2024 | 7:31 pm

GOOG

GOOGL

Character.AI has agreed to provide Google with a non-exclusive license for its current LLM technology. Additionally, General Counsel Dominic Perella has been named interim CEO, and key team members, including Noam Shazeer and Daniel De Freitas, will join Google.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 6:23 pm

AMZN

CRWD

FTNT

GOOG

GOOGL

IBM

META

MSFT

PANW

S

Stephanie Link, chief investment strategist at Hightower Advisors, discusses the next big disruptors in the cybersecurity industry, including generative AI, quantum computing, and consolidation. Key companies mentioned include CrowdStrike, Palo Alto Networks, Fortinet, SentinelOne, IBM, Alphabet, Amazon, Microsoft, and Meta Platforms.

Portfolio Pulse from Surbhi Jain

August 02, 2024 | 6:20 pm

BBAI

BigBear.ai Holdings has announced a Master Service Agreement with Heathrow to develop and deliver advanced technologies.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 5:50 pm

PBR

Brazil's Petrobras is bidding for a 40% stake in Galp Energia's Mopane oil prospect in Namibia, partnering with at least one other entity to mitigate exploration risks.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 5:14 pm