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VIAO

Via Optronics and Grupo Antolin-irausa, S.A.U. introduced their Sunrise Vehicle Cockpit Concept at an event in Nuremberg, coinciding with the 'embedded World' exhibition in Europe. This new concept showcases the latest advancements in vehicle cockpit technology.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 10:32 am

AAPL

Elon Musk, CEO of Tesla Inc., resonated with the late Apple Inc. co-founder Steve Jobs' perspective on the importance of teamwork in transforming great ideas into great products. Jobs emphasized that a great idea is only a small part of the work, and the real challenge lies in the execution, which involves overcoming technological limitations and fostering team collaboration. Musk agreed with Jobs, highlighting the value of a well-coordinated team in achieving product excellence.

Portfolio Pulse from Rounak Jain

April 10, 2024 | 10:29 am

INFY

INTC

Infosys and Intel have expanded their strategic collaboration to accelerate AI adoption in global enterprises, aiming to enhance cost efficiency and performance. This partnership leverages Infosys Topaz and Intel's computing innovation to offer advanced AI solutions.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 10:18 am

VLN

Valens Semiconductor has partnered with Sony Semiconductor Solutions to complete EMC testing of a multi-vendor A-PHY link, moving closer to a mature Sony A-PHY-integrated image sensor compatible with Valens' VA7000 deserializer chip.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 10:12 am

COHR

Coherent Corp. (NYSE:COHR), a leader in wide- and ultrawide-bandgap semiconductors, has secured $15 million in funding from the CHIPS and Science Act of 2022 to accelerate the commercialization of its semiconductor technologies. This funding is part of the $2 billion allocated by the Department of Defense to strengthen the U.S. semiconductor supply chain.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 10:03 am

BB

ETAS GmbH and BlackBerry QNX have entered into a contract to collaboratively sell and market software solutions aimed at expediting the development of safety-critical functions for software-defined vehicles. This partnership signifies a strategic move to enhance the capabilities and reach of both companies in the rapidly evolving automotive software market.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 10:03 am

BCLI

Brainstorm Cell Therapeutics announced the publication of Phase 3 biomarker data in muscle and nerve, suggesting that Debamestrocel (NurOwn) may impact key biomarkers in Amyotrophic Lateral Sclerosis (ALS) predictive of disease progression. This development could signify a potential breakthrough in ALS treatment.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 10:02 am

TSLA

A top-end Tesla Cybertruck, the tri-motor all-wheel-drive variant, sold for $262,500 at a Sotheby's auction, over double its listed price of $99,900. The auction, which started at $78,000, concluded with 108 bids. This sale could temporarily alleviate concerns about the Cybertruck's resale value amid criticisms over quality issues and production delays. Tesla's CEO Elon Musk has addressed some of these concerns, stating they are fixable.

Portfolio Pulse from Shanthi Rexaline

April 10, 2024 | 9:58 am

XPEV

XPeng Inc (NYSE:XPEV), a Chinese EV maker, is experiencing stock gains due to its expansion in Hong Kong through a dealer partnership with Sime Darby Motors. This move is part of XPeng's global expansion strategy, leveraging Hong Kong's international business hub status. The company plans to introduce its latest EV models, including the G6 and X9, in mid-May with deliveries starting in Q3. Additionally, XPeng is expanding into Macau with XIN KANG HENG HOLDING LTD, planning to offer multiple models. As of the end of 2023, XPeng's cumulative delivery volume exceeded 400,000, with over 140,000 vehicles delivered in 2023. In March 2024, XPeng reported a 99% increase in Smart EV deliveries over the previous month and a 29% year-over-year increase. XPEV shares rose 3.35% in premarket trading.

Portfolio Pulse from Shivani Kumaresan

April 10, 2024 | 9:55 am

F

Ford is set to recall 42,652 vehicles due to a risk that a cracked fuel injector may leak and potentially cause a fire, as reported by Reuters and citing the National Highway Traffic Safety Administration (NHTSA).

Portfolio Pulse from Charles Gross

April 10, 2024 | 9:34 am