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DNUT

Krispy Kreme is reintroducing its popular Chocolate Glazed Doughnuts for a limited time on July 6 and 7 to celebrate World Chocolate Day.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 10:03 am

DELL

MSFT

NVDA

China has significantly outpaced the US in filing generative AI patents, with over 38,000 patents compared to the US's 6,276, despite US sanctions on high-end chip exports. Key players include ByteDance, Alibaba, and Microsoft. Chinese entities have managed to acquire NVIDIA chips through third-party vendors.

Portfolio Pulse from Benzinga Neuro

July 03, 2024 | 10:02 am

UCAR

U Power has signed a Memorandum of Understanding with Pattaya AI Terminal to jointly develop green logistics and EV infrastructure in Thailand.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 10:02 am

UCAR

U Power Limited (NASDAQ:UCAR) has signed a Memorandum of Understanding with Pattaya AI Terminal Co., Ltd. to develop green logistics and EV infrastructure in Thailand. The partnership will leverage U Power's battery-swapping technology and expertise in commercial EVs to enhance logistics efficiency and develop charging stations.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 10:01 am

BYDDF

BYDDY

Warren Buffett-backed Chinese EV giant BYD is opening its first Southeast Asia factory in Thailand, coinciding with new EU tariffs on Chinese EVs. The $486 million facility aims to export most of its 150,000 annual capacity to Southeast Asia and Europe. Despite challenges, including reduced profit forecasts and Berkshire Hathaway reducing its stake, BYD continues its aggressive international growth strategy.

Portfolio Pulse from Benzinga Neuro

July 03, 2024 | 8:24 am

LLY

Eli Lilly's shares have gained following the FDA's approval of its Alzheimer's treatment, Kisunla. The drug, intended for early symptomatic stages of Alzheimer's, has contributed to the company's stock reaching a new 52-week high.

Portfolio Pulse from Benzinga Neuro

July 03, 2024 | 8:20 am

GM

TSLA

General Motors (GM) reported a significant increase in Q2 EV sales, driven by the Cadillac Lyriq SUV, despite discontinuing the Chevrolet Bolt. Tesla also reported its Q2 vehicle delivery numbers, showing a slight decline but still beating estimates.

Portfolio Pulse from Anan Ashraf

July 03, 2024 | 8:12 am

TSLA

Tesla's Q2 deliveries exceeded expectations, leading to a 10% stock surge. Analysts have mixed reactions, with some seeing potential for future growth and others concerned about the sustainability of the results. Key points include inventory drawdown, low financing options, and upcoming product unveilings.

Portfolio Pulse from Shanthi Rexaline

July 03, 2024 | 8:04 am

AAPL

GOOG

GOOGL

Google Messages has removed the 'No Encryption' icon from RCS chats with iPhone users, indicating a server-side change. This highlights the current state of SMS communications and the absence of end-to-end encryption in Android-iOS chats. Apple is interested in adding encryption to the RCS Universal Profile standard, but its implementation remains uncertain.

Portfolio Pulse from Ananya Gairola

July 03, 2024 | 7:49 am

REGN

Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) and Sanofi have received European Commission approval for Dupixent as an add-on maintenance treatment for adults with uncontrolled COPD. This is the first global approval for Dupixent in COPD, with additional submissions under review in the U.S., China, and Japan.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 7:02 am