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BYDDY

HYZN

KARS

TSLA

The EV sector experienced a significant downturn this week, influenced by broader market trends and specific company developments. Tesla raised prices for its Model S and Model X, while Ford shifted its EV production plans. Hyzon Motors saw a sharp decline due to a stock offering, and BYD expanded its dealership network in Vietnam. Additionally, Donald Trump announced plans to end the EV mandate if elected, which could impact the industry.

Portfolio Pulse from Shanthi Rexaline

July 20, 2024 | 3:22 pm

CRWD

KRUZ

MSFT

NANC

A Microsoft outage led to a significant decline in CrowdStrike's stock, impacting the wealth of Congress members Nancy Pelosi and Marjorie Taylor Greene. The event has also drawn attention to the trading activities of Congress members, with ETFs tracking these trades.

Portfolio Pulse from Chris Katje

July 20, 2024 | 1:34 pm

DPZ

UBER

Domino's Pizza, Inc. (NYSE:DPZ) has surprised analysts by cutting its guidance for new store openings despite strong performance. The company reported a net income increase to $142 million in Q2. Analysts maintain a 'Buy' rating due to expected growth from a new rewards program and third-party delivery with Uber Technologies Inc. (NYSE:UBER).

Portfolio Pulse from Michael Juliano

July 20, 2024 | 1:16 pm

CRWD

META

NVDA

TSLA

Benzinga reviewed the prospects of popular stocks and cryptocurrencies, highlighting bullish and bearish sentiments. Nvidia saw strong demand for its AI chips, while Tesla faced potential challenges from a Trump-Vance administration. CrowdStrike caused a major IT outage, and Meta faced competition from TikTok. Ethereum and Dogecoin were predicted to reach new all-time highs.

Portfolio Pulse from Michael Cohen

July 20, 2024 | 1:10 pm

GTBIF

Ohio's Division of Cannabis Control (DCC) has issued its first batch of dual-use certificates, allowing four cultivators and six processors to enter the state's newly legalized adult-use cannabis market. Key players like Riviera Creek Holdings and Pure Ohio Wellness have received these certifications. Green Thumb Industries Inc (OTC:GTBIF) is also among the recipients. The DCC plans to issue dual-use licenses to dispensaries starting September 7, with sales dependent on each dispensary's readiness.

Portfolio Pulse from Franca Quarneti

July 20, 2024 | 12:30 pm

USDGF

The United States has the second longest lead times for developing new mines, averaging 29 years, only surpassed by Zambia. This delay hampers the country's energy transition plans, especially in the critical minerals sector. Efforts to streamline the process are underway, but concerns about bureaucratic inefficiency remain.

Portfolio Pulse from Stjepan Kalinic

July 20, 2024 | 11:07 am

TSLA

Tesla Inc. (NASDAQ:TSLA) has received approval from the Canadian government to deploy its steer-by-wire system in the country, a crucial step for the sale of its Cybertruck. The company will need to provide semi-annual incident reports and meet other regulatory requirements.

Portfolio Pulse from Anan Ashraf

July 20, 2024 | 8:39 am

CRWD

MSFT

TSLA

Elon Musk revealed that Tesla was impacted by a global IT outage caused by a software update from CrowdStrike, which conflicted with Microsoft's Windows OS. Despite Tesla removing CrowdStrike from its systems, the company was still affected due to its suppliers using the software. Microsoft and CrowdStrike shares fell following the incident.

Portfolio Pulse from Anan Ashraf

July 20, 2024 | 7:05 am

CRWD

MSFT

TSLA

Tesla CEO Elon Musk criticized Microsoft CEO Satya Nadella following a massive IT outage caused by a faulty update from CrowdStrike. The outage affected millions of computers globally, including those in the automotive supply chain. Musk announced that CrowdStrike's software has been removed from Tesla's systems.

Portfolio Pulse from Rounak Jain

July 20, 2024 | 6:18 am

CRWD

MSFT

A software update from CrowdStrike caused a massive global IT outage, impacting systems running on Microsoft's Windows OS and cloud services. The incident affected various industries, including airlines, banks, and emergency services, highlighting the risks of overdependence on a few key companies.

Portfolio Pulse from Rounak Jain

July 20, 2024 | 6:13 am