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BMBL

CRWD

DIS

GOOG

META

MSFT

NVDA

PLTR

RDDT

SONY

The article covers various updates in the consumer tech sector, including earnings reports from Palantir, Reddit, Walt Disney, and Bumble. It also discusses legal issues faced by CrowdStrike and Alphabet, gaming updates from Microsoft and Sony, and technology developments from Nvidia, Meta, and Apple.

Portfolio Pulse from Lekha Gupta

August 11, 2024 | 5:00 pm

NVDA

PLTR

This week in AI saw significant developments, including Palantir Technologies Inc. (NYSE:PLTR) being hailed as a leader in AI by Wedbush Securities, and Nvidia Corporation (NASDAQ:NVDA) facing issues with chip smuggling into China and production delays. Additionally, a new AI chip from China surpasses Nvidia's H100 GPU in energy efficiency.

Portfolio Pulse from Benzinga Neuro

August 11, 2024 | 1:00 pm

AAPL

This week in the tech world, Apple Inc. (NASDAQ:AAPL) made headlines with various updates. Key stories include Apple's solutions for forgotten Mac passwords, potential charges for AI features, hidden AI prompts in macOS beta, declining margins in China, and maintaining a $3 trillion market cap amid volatility.

Portfolio Pulse from Benzinga Neuro

August 11, 2024 | 11:00 am

GOEV

KARS

LCID

NKLA

RIVN

TSLA

The EV market experienced a turbulent week with significant developments. Tesla launched its Cybertruck in Canada and reported strong sales in China, but faced criticism from Sen. Elizabeth Warren. Rivian and Nikola exceeded Q2 expectations, while Lucid received a $1.5 billion cash infusion from its largest shareholder. Canoo faced a lawsuit, and Huawei entered the EV market. The KraneShares Electric Vehicles and Future Mobility Index ETF fell 2.58% for the week.

Portfolio Pulse from Shanthi Rexaline

August 10, 2024 | 1:30 pm

CELH

NVDA

PLTR

TSLA

Benzinga reviewed the performance of popular stocks, highlighting both bullish and bearish trends. Palantir surged due to strong earnings and partnerships, while Nvidia faced delays in its chip launch. Tesla acknowledged competition from lower-priced EVs, and Celsius Holdings was downgraded due to weak sales growth.

Portfolio Pulse from Michael Cohen

August 10, 2024 | 1:00 pm

TSLA

UBER

Uber CEO Dara Khosrowshahi expressed doubts about Tesla's robotaxi fleet management plans but remains open to a potential partnership. Khosrowshahi highlighted the challenges of running a taxi fleet and questioned whether car owners would want their vehicles used by strangers. Despite this, he sees potential for collaboration, although Elon Musk has stated that Tesla vehicles can only be used in the Tesla fleet. Tesla is expected to unveil its dedicated robotaxi product on October 10.

Portfolio Pulse from Anan Ashraf

August 10, 2024 | 8:32 am

INTC

Intel Corporation (NASDAQ: INTC) has postponed its annual 'Innovation' event, initially scheduled for September 24-25, 2024, to 2025. The decision comes amid layoffs of approximately 15,000 employees and a CPU bug controversy. Intel cited challenging financial results and a weak outlook for the second half of 2024 as reasons for the postponement. The delay may impact promotional efforts for upcoming processors and is part of broader cost-cutting measures.

Portfolio Pulse from Rounak Jain

August 10, 2024 | 3:03 am

NSANY

TSLA

Tesla has added Nissan to the list of automakers that will soon gain access to its supercharger network in North America, joining GM, Volvo, Polestar, and Mercedes-Benz. Despite recent layoffs impacting the supercharging team, Tesla CEO Elon Musk reassured that the network's growth continues, with a $500 million investment planned for this year.

Portfolio Pulse from Anan Ashraf

August 10, 2024 | 2:50 am

TSLA

Tesla CEO Elon Musk announced that the upcoming Roadster is being developed because it is 'cool,' and it may not significantly benefit shareholders or the company's financials. The Roadster, a tribute to Tesla's first EV, is expected to start production in 2025. Despite its impressive performance, Musk has previously stated that the Roadster will not have a major financial impact on Tesla.

Portfolio Pulse from Anan Ashraf

August 10, 2024 | 1:52 am

DJT

TMTG has launched a new TV streaming platform, Truth+, on its custom-built CDN, available on iOS, Android, and Web. The company has a strong balance sheet with $344 million in cash and no debt, which it believes will support the expansion and refinement of Truth+. TMTG is also exploring growth opportunities, including mergers and acquisitions.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 8:38 pm