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ZOOZ

ZOOZ Power has doubled the charging capacity on the Cross-Israel Highway by installing its flywheel-based power boosting and management solution at a second site. This installation, in partnership with Dor-Alon and AfconEV, allows for increased ultrafast charging without grid upgrades.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 6:16 am

TSLA

Tesla CEO Elon Musk teased 'Master Plan 4' (MP4), which is expected to focus on AI, robotics, and other technologies beyond cars. Morgan Stanley's Adam Jonas reiterated an Overweight rating on Tesla with a $310 price target, suggesting a 70.73% upside. Jonas believes MP4 will connect Tesla with Musk's other ventures like SpaceX and xAI, and sees potential in autonomy and humanoid robots. Despite current challenges in the EV market, Jonas remains bullish on Tesla's long-term prospects.

Portfolio Pulse from Shanthi Rexaline

June 21, 2024 | 6:14 am

PXLW

Pixelworks has partnered with Tencent's Honor of Kings to enhance mobile gaming performance using its IRX rendering acceleration technology. This technology provides a smooth 120fps gaming experience with low power consumption.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 5:54 am

SNY

Sanofi is set to present new data on ALTUVIIIO and fitusiran at the ISTH conference, highlighting their potential in treating hemophilia. Interim results from the XTEND-ed phase 3 study show ALTUVIIIO's efficacy in bleed protection, while the ATLAS phase 3 study data support fitusiran's prophylactic potential. The FDA has accepted a New Drug Application for fitusiran, with a PDUFA date of March 28, 2025.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 5:42 am

BTCUSD

MSTR

Peter Schiff, a long-time critic of Bitcoin, would have made $38 million if he had invested $10,000 in Bitcoin 13 years ago. Despite Bitcoin's massive growth, Schiff continues to criticize its utility.

Portfolio Pulse from Aniket Verma

June 21, 2024 | 5:27 am

AMZN

GOOG

GOOGL

Anthropic, an AI startup backed by Google and Amazon, has unveiled its most advanced AI model, Claude 3.5 Sonnet. This model is faster and more efficient than its predecessor and is available for free on the company's website and iPhone app. The model can also be accessed through Amazon Bedrock and Google Cloud's Vertex AI.

Portfolio Pulse from Ananya Gairola

June 21, 2024 | 5:26 am

GRWG

GrowGeneration Corp (NASDAQ: GRWG) CEO Daren Lampert discussed the company's role in the cannabis industry at the Benzinga NJ Cannabis Event. GrowGeneration, which operates 46 hydroponics stores in 17 states, helps growers with equipment and expertise. Despite challenges like high real estate prices and legal restrictions in New Jersey, the company aims to support both professional and home growers.

Portfolio Pulse from Jelena Martinovic

June 21, 2024 | 4:13 am

BTCUSD

ETHUSD

SOLUSD

3iQ Corp has filed a preliminary prospectus to launch North America's first Solana-based exchange-traded product (ETP) in Canada under the ticker QSOL. This move aligns with the growing interest in cryptocurrency ETFs, although there is skepticism about the near-term feasibility of such ETFs in the U.S. due to regulatory hurdles.

Portfolio Pulse from Aniket Verma

June 21, 2024 | 2:48 am

AAPL

BABA

BIDU

Apple's AI expansion in China faces significant challenges due to stringent local regulations and rising competition from local companies like Huawei. The company may need to develop localized AI models and consider partnerships with Chinese tech giants such as Baidu and Alibaba to comply with regulations and succeed in the market.

Portfolio Pulse from Benzinga Neuro

June 21, 2024 | 2:06 am

BTCUSD

DOGEUSD

ETHUSD

NVDA

Leading cryptocurrencies like Bitcoin, Ethereum, and Dogecoin remain rangebound amid hawkish signals from the Federal Reserve. Bitcoin and Ethereum faced resistance and saw a drop in Open Interest, signaling a weak market. Analysts predict a potential reversal for Bitcoin. Stocks also retraced from records, with NVIDIA Corp. experiencing a significant drop.

Portfolio Pulse from Aniket Verma

June 21, 2024 | 1:53 am