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AAPL

Apple Inc. has significantly increased its iPhone production in India to $14 billion in the last fiscal year, doubling its output and reducing its reliance on China. This shift accounts for nearly 14% of Apple's flagship phones now being produced in India, a move that aligns with Prime Minister Narendra Modi's push for high-end manufacturing in the country. Foxconn and Pegatron are leading this production effort, with Tata Group also playing a key role through its facility in Karnataka.

Portfolio Pulse from Shomik Sen Bhattacharjee

April 10, 2024 | 9:01 am

GOOG

GOOGL

MSFT

OpenAI announced upgrades to its GPT-4 Turbo model and API, enhancing developer workflow and application efficiency. This comes as Google upgrades its Gemini 1.5 Pro model. The GPT-4 Turbo with Vision is now more accessible, expected to maintain OpenAI's competitive edge despite newer models like Anthropic's Claude 3 Opus and Cohere's Command R+. Microsoft has also prioritized GPT-4 Turbo access for its business subscribers, indicating a growing demand for advanced AI models.

Portfolio Pulse from Rounak Jain

April 10, 2024 | 8:36 am

F

Ford Motor Company (NYSE:F) announced upgrades for its 2024 Mustang Mach-E, including a new rear motor, faster charging, and a Performance Upgrade package for the GT model. The new motor increases range and torque, with the Select model reaching 250 miles and the Premium model 320 miles on a single charge. Charging times have been reduced, and the GT model's upgrade allows it to accelerate from zero to 60 mph in 3.3 seconds, faster than the Tesla Model Y Performance. The upgrades come as Ford reports an 86% jump in EV sales in the U.S. for the first quarter of 2024.

Portfolio Pulse from Benzinga Neuro

April 10, 2024 | 8:19 am

TSLA

Elon Musk's Tesla Inc. is in preliminary talks with Mukesh Ambani's Reliance Industries to explore a partnership for establishing a manufacturing facility in India. The discussions, ongoing for over a month, aim to leverage Reliance's contribution to Tesla's manufacturing setup and ecosystem in India. Tesla has allocated $2 billion for its Indian expansion, eyeing locations in Gujarat, Maharashtra, and Tamil Nadu. This move is in line with India's new electric vehicle policy and tax incentives, aiming to make India a global hub for electric vehicle manufacturing.

Portfolio Pulse from Shomik Sen Bhattacharjee

April 10, 2024 | 8:00 am

SUUN

SolarBank has successfully completed the acquisition of a 3.15 MW solar project located in New York from Storke Renewable. This strategic move is expected to enhance SolarBank's portfolio and presence in the renewable energy sector, particularly in New York.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 7:35 am

NDAQ

Nasdaq has introduced futures trading on the OMX Sweden Small Cap 30 ESG Responsible Index, expanding its offerings in the ESG (Environmental, Social, and Governance) investment space. This move aims to provide investors with more sustainable investment options and reflects Nasdaq's commitment to promoting ESG principles in the financial markets.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 7:27 am

VNT

Vontier's subsidiary Driivz has integrated with Payter's payment terminal to comply with Europe's AFIR payment requirements for EV charging. This move enhances Driivz's smart EV charging solutions across Europe.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 7:21 am

LOGI

Streamlabs, a Logitech brand, has launched an integration with TikTok LIVE, allowing creators to easily stream and customize their broadcasts on TikTok. This move aims to simplify the streaming process for users by providing a unified platform for live content creation.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 7:20 am

AAPL

MSFT

SAP

Apple Inc. has highlighted the business applications of its Vision Pro headset, showcasing its potential to revolutionize workflows through spatial computing. Companies like SAP SE and Microsoft Corporation are integrating the headset's capabilities into their applications. The Vision Pro's features, such as high-resolution displays and advanced processing, are aimed at enhancing productivity in various industries, including automotive engineering and employee training. Apple's partnerships and developer resources, like the Enterprise Spatial Design Lab, support the adoption of Vision Pro in business workflows.

Portfolio Pulse from Sudhanshu Singh

April 10, 2024 | 6:51 am

MSFT

NTES

Blizzard Entertainment has renewed its partnership with NetEase, allowing its titles to return to mainland China by summer 2024. Additionally, Microsoft Gaming and NetEase have entered into a broader strategic partnership aimed at delivering new gaming experiences across various platforms and markets.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 6:40 am