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META

Elon Musk confirmed that private messages on X (formerly Twitter) are not encrypted by default, calling the current implementation 'clunky.' He criticized Meta's WhatsApp as 'spyware' and assured that X is working on improving its encryption features. Musk has been vocal about privacy and encryption, previously criticizing Meta's privacy practices.

Portfolio Pulse from Ananya Gairola

July 08, 2024 | 7:42 am

VSH

Vishay Intertechnology, Inc. (NYSE: VSH) will showcase its advanced automotive and e-mobility solutions at electronica China 2024. The company will present its latest semiconductor and passive component technologies, including SiC MOSFETs, reference designs, sensors, diodes, capacitors, and resistors. Vishay aims to address the growing demand for advanced electronics in various sectors driven by the EV revolution.

Portfolio Pulse from Benzinga Newsdesk

July 08, 2024 | 7:04 am

KDDIY

NTTYY

SFBQF

SFTBF

Japanese telecom giants NTT, KDDI, and SoftBank are venturing into space to build high-speed wireless networks. NTT plans to launch an airborne base station by 2026, while KDDI aims to establish a telecom network between Earth and the moon by 2028. SoftBank is also working on HAPS development and satellite-based telecom services.

Portfolio Pulse from Benzinga Neuro

July 08, 2024 | 6:26 am

TSLA

Elon Musk has denied rumors that Uber co-founder Travis Kalanick will join Tesla to lead its robotaxi efforts. Musk emphasized that Tesla's focus remains on improving its self-driving AI. The speculation arose after Musk followed Kalanick on social media. Tesla plans to unveil its robotaxi product on August 8.

Portfolio Pulse from Anan Ashraf

July 08, 2024 | 6:13 am

MSI

Motorola Solutions has opened a new R&D center in Cork, Ireland, creating 200 highly skilled jobs. This expansion is expected to enhance the company's innovation capabilities and strengthen its presence in the European market.

Portfolio Pulse from Benzinga Newsdesk

July 08, 2024 | 5:22 am

HIVE

Hive Digital Technologies mined 119 Bitcoin in June 2024, increasing its Bitcoin holdings by 2% to a total of 2,496 Bitcoin. The company maintained an average Bitcoin mining capacity of over 4.7 Exahash per second (EH/s) during the month.

Portfolio Pulse from Benzinga Newsdesk

July 08, 2024 | 5:17 am

ETHUSD

USDTUSD

Tether CEO Paolo Ardoino emphasized the importance of decentralized AI models following a security breach at OpenAI. He argued that locally executable AI models on new generation smartphones and laptops are essential for protecting privacy and ensuring resilience. Tether plans to invest heavily in AI technologies.

Portfolio Pulse from Aniket Verma

July 08, 2024 | 5:13 am

AAPL

Apple Watch Series 10 may not include anticipated health features like blood pressure monitoring and sleep apnea detection due to technical and legal issues. Apple is also developing a cost-effective Watch SE with a plastic casing.

Portfolio Pulse from Ananya Gairola

July 08, 2024 | 4:25 am

ETHUSD

Nate Geraci, president of The ETF Institute, predicts that Ethereum-based spot ETFs could launch within the next two weeks, contingent on SEC approval of modified S-1 filings. The SEC had previously approved 19b-4 forms for Ether ETFs in May. The launch could significantly impact the cryptocurrency market, with Gemini estimating up to $5 billion in net inflows within the first six months.

Portfolio Pulse from Aniket Verma

July 08, 2024 | 3:52 am

BTCUSD

Economist Peter Schiff criticizes Bitcoin ETFs, suggesting that 'smart money' is selling Bitcoin while 'dumb money' is buying through ETFs. He warns that Bitcoin ETF investors may face significant losses, especially if Bitcoin's price drops below $38,000. Schiff's comments come amid Bitcoin's recent price decline and net outflows from U.S.-listed Bitcoin ETFs.

Portfolio Pulse from Aniket Verma

July 08, 2024 | 2:17 am