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TMUS

SpaceX CEO Elon Musk announced that T-Mobile US Inc. (NASDAQ:TMUS) will be the first to offer Starlink satellite internet directly to mobile phones in the U.S. for the first year, with other carriers to follow. This partnership aims to eliminate dead zones in the U.S. by connecting T-Mobile's network to Starlink satellites.

Portfolio Pulse from Anan Ashraf

September 02, 2024 | 9:51 am

LLY

NVO

Eli Lilly is launching discounted versions of its drugs Mounjaro and Zepbound to combat imitation versions amid FDA shortage status debates. The company aims to end the regulatory designation allowing off-brand versions and has notified healthcare providers that shortages are over, though FDA confirmation is pending. Eli Lilly's move is part of a broader strategy to maintain market leadership in the weight-loss drug sector, facing competition from compounding pharmacies and rivals like Novo Nordisk.

Portfolio Pulse from Benzinga Neuro

September 02, 2024 | 7:43 am

AAPL

Apple CEO Tim Cook attended the Venice Film Festival to promote Apple TV+ series 'Disclaimer' and mingled with Hollywood stars. Despite retirement rumors, Cook continues to lead Apple successfully, with recent earnings exceeding expectations.

Portfolio Pulse from Ananya Gairola

September 02, 2024 | 7:31 am

ADAUSD

Cardano's 'Chang hard fork' upgrade has gone live, enhancing ADA's utility by enabling decentralized governance. Despite the upgrade, ADA's price remains down, trading 3.57% lower than the previous day.

Portfolio Pulse from Aniket Verma

September 02, 2024 | 7:31 am

BTCUSD

Vitaliy Katsenelson, CEO of Investment Management Associates, warns against former President Donald Trump's proposal for a Bitcoin strategic reserve, suggesting it could weaken the U.S. dollar's status. Katsenelson argues that promoting Bitcoin could undermine confidence in the dollar, especially as U.S. debt rises. Trump's proposal could legitimize Bitcoin as a reserve currency, potentially boosting its price but also exposing investors to risks if the government sells its holdings.

Portfolio Pulse from Benzinga Neuro

September 02, 2024 | 7:18 am

TSM

An analysis reveals that China's semiconductor technology is only three years behind Taiwan Semiconductor Manufacturing Co. (TSMC), despite U.S. export restrictions. SMIC's 7-nanometer chips are nearly comparable to TSMC's 5-nanometer chips, indicating China's rapid progress in chip production. The U.S. restrictions mainly target advanced server chips, allowing other developments to continue. China's significant investment in semiconductor technology highlights its strategic importance in the global chip race.

Portfolio Pulse from Benzinga Neuro

September 02, 2024 | 5:14 am

BA

NASA astronaut Butch Wilmore reported hearing strange sonar-like sounds from Boeing's Starliner spacecraft, which has been docked at the International Space Station for nearly three months. The source of the noise is unknown, and the Starliner is scheduled to return to Earth soon. Due to technical issues, NASA decided to bring the astronauts back using a SpaceX vehicle instead.

Portfolio Pulse from Ananya Gairola

September 02, 2024 | 5:07 am

TRX

SUNDOG, a memecoin on the Tron blockchain, surged over 6% despite a broader memecoin slump, contrasting with declines in Dogecoin, Shiba Inu, and Pepe. Backed by Tron founder Justin Sun, SUNDOG has risen 289% since its launch on August 15.

Portfolio Pulse from Aniket Verma

September 02, 2024 | 4:12 am

BTCUSD

Peter Schiff highlights the recent underperformance of Bitcoin compared to gold over the past six months, noting an 8% decrease in Bitcoin's value versus a 23% increase in gold. He argues that Bitcoin's early year gains were primarily due to ETF hype, and most investors are now losing money. Schiff's views continue to be controversial in the crypto community.

Portfolio Pulse from Aniket Verma

September 02, 2024 | 3:36 am

NFLX

Netflix is enhancing its global appeal by improving the dubbing quality of its reality TV shows, using South Korea as a testing ground. This initiative aims to make non-English content, especially unscripted reality TV, more popular worldwide. The move is part of Netflix's strategy to stay competitive in the streaming market.

Portfolio Pulse from Ananya Gairola

September 02, 2024 | 3:32 am