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SHFS

Safe Harbor Financial (NASDAQ: SHFS) has partnered with BIPOCann to support minority cannabis entrepreneurs by offering financial services and membership benefits. This partnership aims to provide social equity clients with discounted services and resources to aid business development. Safe Harbor also exited a $3.1 million loan, reallocating funds to its lending capacity.

Portfolio Pulse from Nina Zdinjak

July 25, 2024 | 10:00 am

AAPL

Apple Inc. (NASDAQ:AAPL) plans to discontinue the iPhone 17 Plus model and introduce an ultra-slim variant in the second half of 2025. The Plus model, which accounts for only 5-10% of new iPhone shipments, is being phased out due to redundancy. The new ultra-slim model will feature a 6.6-inch screen, A19 chip, titanium-aluminum alloy frame, and a single rear camera.

Portfolio Pulse from Benzinga Neuro

July 25, 2024 | 9:37 am

TSLA

Jim Cramer defends Tesla and its CEO Elon Musk despite a 12% drop in Tesla's stock price following an earnings miss and disappointing volume guidance for 2024. Cramer highlights Musk's vision for self-driving technology, energy production, and humanoid robots as reasons to buy the stock during this weakness.

Portfolio Pulse from Shanthi Rexaline

July 25, 2024 | 9:08 am

TSLA

Tesla's supercharger network growth slowed in Q2 after layoffs, including the departure of Senior Director Rebecca Tinucci. Despite this, CEO Elon Musk reassured investors of continued expansion and a $500 million investment in the network.

Portfolio Pulse from Anan Ashraf

July 25, 2024 | 9:06 am

VSAT

LOT Polish Airlines will equip its Boeing 787-8 and 787-9 Dreamliner fleets with Viasat's Ka-band inflight Wi-Fi by 2026. This upgrade is part of a broader enhancement of LOT's Dreamliner fleet, including new cabin designs and seat replacements.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 9:02 am

SEDG

SolarEdge Technologies (NASDAQ: SEDG) has partnered with Kraken Technologies to provide low-cost, green energy solutions for SolarEdge Home Battery customers. The integration will allow customers to charge batteries with cheap, clean energy and sell energy back to the grid, starting with Octopus Energy customers in the UK and Texas, U.S.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 9:01 am

PSFE

Paysafe (NYSE:PSFE) has partnered with Alchemy Pay to expand fiat-crypto payment options. The partnership integrates Paysafe's Skrill and NETELLER digital wallets into Alchemy Pay's Fiat On-ramp solution, allowing users in 130 countries to purchase cryptocurrencies using 40+ fiat currencies. The collaboration also includes Paysafe's open banking solution in the UK and Europe, with plans to expand to Latin America later this year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 8:17 am

AAPL

MU

NVDA

SMCI

TSM

Taiwan's Premier Cho Jung-tai announced a $100 billion economic reform plan focusing on energy, AI, and infrastructure to attract investments and address energy security. The plan aims to capitalize on Taiwanese investors disillusioned with China and includes significant investments from companies like NVIDIA, TSMC, and Foxconn. The announcement comes amid geopolitical challenges and emphasizes the need for infrastructure upgrades to support AI growth.

Portfolio Pulse from Benzinga Neuro

July 25, 2024 | 7:29 am

TSLA

Elon Musk's Grok AI chatbot will soon extend its profile analysis feature to iOS and Android platforms, currently available only to X Premium desktop users. This feature provides AI-generated summaries of user profiles, aiding in identifying bots and manipulative accounts. Musk also announced that Grok 2 is in the bug-fixing stage and will be released next month, with Grok 3 expected by December. Additionally, Musk conducted a poll on X about Tesla investing in Grok’s parent company, receiving support from market experts.

Portfolio Pulse from Ananya Gairola

July 25, 2024 | 7:00 am

INDV

Indivior has updated its financial guidance for FY 2024, expecting net revenue between $1.15B and $1.215B, which is slightly below the consensus of $1.215B. The company anticipates an adjusted gross margin in the low to mid-80% range and adjusted operating income between $285M and $320M. The guidance reflects adverse market dynamics impacting SUBLOCADE NR growth, initial commercial adoption of OPVEE, and cessation of PERSERIS sales and marketing.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 6:17 am