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WAFU

Wah Fu Education Group Limited has announced its entry into the fields of educational AI and informatization, signaling a strategic shift towards integrating advanced technologies in education.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:03 am

GOOG

GOOGL

TSLA

Alphabet Inc. (GOOG, GOOGL) has committed to a $5 billion investment in its autonomous driving unit, Waymo. This investment is consistent with previous annual levels and aims to further develop Waymo's technology and commercialization efforts. Tesla CEO Elon Musk mocked the investment on social media, highlighting the significant cash burn associated with Waymo. Waymo is currently operational in several cities, offering autonomous rides.

Portfolio Pulse from Anan Ashraf

July 24, 2024 | 8:03 am

IRM

Solera announced that its Roadnet Anywhere solution is being implemented by Iron Mountain, a global leader in storage and information management services.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:02 am

GE

GE Aerospace announced that EVA Air has placed an order for GEnx engines to power their recently purchased Boeing 787-10 Dreamliner aircraft.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:01 am

NVDA

Nvidia has approved the use of Samsung's HBM3 chips in its AI processors for the Chinese market, specifically in the H20 GPU designed to comply with U.S. export controls. This move aims to diversify Nvidia's supplier base amid a shortage of advanced GPUs and ongoing U.S. export restrictions.

Portfolio Pulse from Benzinga Neuro

July 24, 2024 | 7:26 am

ADEA

Adeia and Hamamatsu Photonics have entered into a long-term hybrid bonding license agreement. This new license supplements Hamamatsu's existing license to Adeia's DBI® and ZiBond® technologies and follows a prior development license that included DBI Ultra® technology transfer.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 7:13 am

TDY

Teledyne FLIR Defense, a division of Teledyne Technologies Incorporated (NYSE:TDY), has introduced the UltraFORCE® 380-HDc imaging system at the Farnborough International Air Show. This new surveillance solution is not subject to ITAR, facilitating easier exportation and movement to international customers.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 6:58 am

TSLA

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk announced that the engineering for the second-generation Roadster is nearly complete, with production set to begin in 2025. The new Roadster, expected to accelerate from 0 to 60 mph in less than 1 second, will be unveiled by the end of 2024.

Portfolio Pulse from Anan Ashraf

July 24, 2024 | 6:53 am

ARKK

TSLA

Elon Musk endorsed ARK Invest's $5 trillion valuation forecast for Tesla, suggesting it may be conservative. He highlighted the potential of Tesla's Optimus humanoid robot, estimating a global demand exceeding 20 billion units. Despite Tesla's Q2 revenue beat, its EPS, operating margins, and free cash flow fell short, leading to a stock decline.

Portfolio Pulse from Kaustubh Bagalkote

July 24, 2024 | 6:47 am

RTX

RTX's Collins Aerospace is relocating its Singapore plant to a new $250 million facility at Seletar Aerospace Park.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 6:30 am