Streetbeat News

Products Services

AZ

A2Z Smart Technologies Corp. (NASDAQ:AZ) announced the first deployment of its new generation Cust2Mate 3.0 smart carts, starting in April at the Yochananof supermarket chain in Israel, with further deployments at Morton Williams, Monoprix, and others to follow. The Cust2Mate 3.0 features a detachable control panel, retrofitting capabilities for existing carts, and advanced theft mitigation technologies, aiming to transform the retail landscape.

Portfolio Pulse from Happy Mohamed

March 22, 2024 | 12:07 pm

TSLA

Tesla, Inc. (NASDAQ:TSLA) shares fell over 3% in premarket trading due to rumors of production cuts at its Giga Shanghai facility, specifically for Model Y and Model 3 EVs. The company reportedly shifted from a 6.5-day workweek to a five-day schedule, raising concerns about slowing demand in China, a key market. Tesla's insurance registrations in China dropped 6.8% week-over-week, and its wholesale sales in the first two months of 2024 declined by 8% year-over-year. This news comes as Tesla is about to announce its first-quarter sales, with analysts fearing the company might barely surpass its first-quarter delivery figure from the previous year.

Portfolio Pulse from Shanthi Rexaline

March 22, 2024 | 12:04 pm

CRKN

INHD

X

The article highlights the top 3 oversold materials stocks with potential for growth in Q1, based on their low RSI values. United States Steel Corporation (X) provided Q1 FY24 guidance with expected adjusted EPS and EBITDA, Crown ElectroKinetics Corp. (CRKN) issued guidance for Q1 and Q2 of 2024, and Inno Holdings Inc. (INHD) announced the launch of its Mobile Factory aimed at reducing costs and carbon footprint for construction projects.

Portfolio Pulse from Avi Kapoor

March 22, 2024 | 11:52 am

BCH-USD

DOGE-USD

LTC-USD

Cryptocurrency analyst DonAlt predicts a 554% rally for Dogecoin (DOGE), potentially reaching $1, based on its current support levels on the BTC chart. Another analyst, Ali Martinez, highlighted significant purchases by 'whales' over a 72-hour period. Coinbase plans to introduce futures trading for digital currencies including Dogecoin, Litecoin (LTC), and Bitcoin Cash (BCH), with contracts based on specified prices.

Portfolio Pulse from Mehab Qureshi

March 22, 2024 | 11:40 am

EPOL

FXI

STLA

Reuters has reported that China's LeapMotor is set to begin production of a small electric car at the Stellantis plant in Poland, according to sources. This move marks a significant step for LeapMotor in expanding its manufacturing capabilities and presence in the European market, leveraging Stellantis' established facilities.

Portfolio Pulse from Charles Gross

March 22, 2024 | 11:39 am

COHR

Coherent announced the launch of its high-power uncooled G10 pump laser modules designed for submarine and terrestrial applications, marking a significant advancement in laser technology.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 11:33 am

TSLA

The resale market for Tesla Inc.'s Cybertruck is facing a downturn, with resale values plummeting from their peak. Prices have dropped significantly, with recent sales figures showing a decline from previous highs. Tesla's production ramp-up and a resale prohibition clause in their agreement, which restricts reselling within a year, are notable factors. Tesla aims to deliver 250,000 Cybertrucks annually by 2025, despite current market challenges.

Portfolio Pulse from Anan Ashraf

March 22, 2024 | 11:25 am

EH

EHang Holdings Limited (EH) has launched Japan's first Urban Air Mobility Center in Tsukuba City, Ibaraki Prefecture. This facility will serve as a demonstration site, infrastructure, and maintenance base for EHang's pilotless eVTOL aircraft, marking a significant milestone in Japan's air mobility industry.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 11:23 am

NVS

VGK

On 21 March 2024, the CHMP recommended granting marketing authorization for Novartis' Fabhalta1, aimed at treating Paroxysmal Nocturnal Haemoglobinuria.

Portfolio Pulse from Charles Gross

March 22, 2024 | 11:15 am

NVO

VGK

On 21 March 2024, the Committee for Medicinal Products for Human Use (CHMP) adopted a positive opinion, recommending the granting of a marketing authorization for Novo Nordisk's Awiqli, intended for the treatment of diabetes mellitus. This recommendation is a crucial step towards the commercial availability of Awiqli in the European market.

Portfolio Pulse from Charles Gross

March 22, 2024 | 11:13 am