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TSLA

Tesla's weak performance is attributed to its own price cuts rather than Biden's policies, according to fund manager Gary Black. The $7,500 EV tax credit under Biden has been beneficial for Tesla. Analysts are divided on the impact of a potential Trump presidency on Tesla, with some seeing it as a negative for the EV industry but potentially advantageous for Tesla due to its scale.

Portfolio Pulse from Shanthi Rexaline

July 22, 2024 | 7:54 am

NVDA

Nvidia Corp. (NASDAQ:NVDA) is developing a new AI chip, the B20, for the Chinese market to comply with U.S. export controls. This move follows tightened U.S. semiconductor export restrictions to China. Nvidia is collaborating with Inspur for the chip's distribution, aiming to counter competition from Huawei and Enflame. Despite sanctions, Nvidia's H20 chip is expected to sell over 1 million units in China this year, generating over $12 billion.

Portfolio Pulse from Benzinga Neuro

July 22, 2024 | 7:46 am

TSLA

Tesla's Full Self-Driving (FSD) technology will allow users to wear sunglasses starting with version 12.5, as announced by CEO Elon Musk. This update addresses the current issue where the attention monitoring system struggles with sunglasses. The rollout of version 12.5 has been delayed, with the latest version being 12.4.3. Regulatory approval remains a key hurdle for fully autonomous vehicles.

Portfolio Pulse from Anan Ashraf

July 22, 2024 | 7:42 am

BRO

CRWD

NFLX

SAP

VZ

The S&P 500 experienced its worst weekly decline since April, with investor optimism falling further as indicated by the CNN Money Fear and Greed index. Major indices closed lower, with the S&P 500 down 1.97% and the Nasdaq down 3.65% for the week. CrowdStrike Holdings, Inc. (CRWD) shares fell over 11% due to a major outage, while Netflix Inc. (NFLX) posted better-than-expected earnings. Investors are awaiting earnings results from Brown & Brown, Inc. (BRO), SAP SE (SAP), and Verizon Communications Inc. (VZ).

Portfolio Pulse from Avi Kapoor

July 22, 2024 | 7:31 am

AAPL

META

TSLA

Elon Musk shared an AI-generated fashion show video featuring global figures like Mark Zuckerberg, Joe Biden, and others in satirical outfits. The video, created by Interdimensional TV using platforms like Midjourney and Luma Labs, highlights the growing concerns about AI misuse.

Portfolio Pulse from Ananya Gairola

July 22, 2024 | 7:22 am

LILM

Lilium has expanded its POWER-ON portfolio by partnering with leading digital innovators to enhance seamless jet operations.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 7:13 am

ARBUSD

ETHUSD

OPUSD

Top crypto trader Michaël van de Poppe highlights his interest in Ethereum-linked coins, specifically Arbitrum and Optimism, due to increased activity in the Ethereum ecosystem and the upcoming launch of spot ETFs. He believes these coins are undervalued and plans to hold them long-term.

Portfolio Pulse from Aniket Verma

July 22, 2024 | 7:08 am

JCI

Johnson Controls (NYSE:JCI) is enhancing the fan experience at the Paris 2024 Olympics by integrating advanced building automation systems, HVAC, and fire suppression technologies across eight venues. This initiative aims to improve safety, operational efficiency, and reduce the event's carbon footprint by 50%.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 7:04 am

HON

UAL

United Airlines has selected Honeywell to provide advanced avionics for its new 737 MAX fleet, including 3D weather radar, flight data recorders, and traffic avoidance systems. This agreement builds on a previous selection of Honeywell avionics in 2018.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 7:03 am

BA

WWD

Woodward, Inc. (NASDAQ:WWD) has been selected to supply rotary actuators for the NASA-Boeing X-66A aircraft, a project aimed at increasing fuel efficiency and contributing to net-zero emissions by 2050. The actuators will be fitted to the aircraft's ailerons, with production starting by 2026 and test flights scheduled for 2028.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 7:02 am