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NFLX

Netflix has signed an exclusive five-year partnership with Japanese director Hitoshi One, aiming to expand its content offerings and strengthen its position in the Japanese market.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 12:21 am

NVDA

China is encouraging its companies to prioritize domestic AI chips over Nvidia's to strengthen its semiconductor industry and counter U.S. sanctions. This guidance aims to support local chipmakers like Cambricon and Huawei, while Nvidia's shares fell by 3.9% following the news.

Portfolio Pulse from Bibhu Pattnaik

September 29, 2024 | 6:31 pm

TSLA

Tesla is expected to release its Q3 deliveries report soon, with mixed expectations. Gene Munster predicts a slight miss but remains optimistic about Tesla's growth potential. Despite CEO Elon Musk's political controversies, Tesla's strong performance in China and upcoming Robotaxi launch are seen as positive factors. Analysts are generally optimistic about Tesla's future performance.

Portfolio Pulse from Shanthi Rexaline

September 29, 2024 | 6:15 pm

NIO

Nio, Inc. (NYSE:NIO) has secured a $1.9 billion investment from strategic investors and its parent company to support its expansion into the mass market with its Onvo brand. This investment will enhance Nio's balance sheet and support its growth in the competitive Chinese electric vehicle market.

Portfolio Pulse from Shanthi Rexaline

September 29, 2024 | 2:59 pm

CORZ

Core Scientific Inc. (NASDAQ:CORZ) has made a significant recovery after exiting bankruptcy, with its stock surging 260% due to Bitcoin's price recovery. The company is pivoting towards AI and high-performance computing, securing a $6.7 billion contract with CoreWeave. Core Scientific's purchase of mining chips from Jack Dorsey's Block Inc (NYSE:SQ) aligns with Trump's vision for US Bitcoin mining dominance.

Portfolio Pulse from Aniket Verma

September 29, 2024 | 1:15 pm

GOOGL

MAR

MSFT

NKE

The tech world saw significant developments this week, including Elon Musk's criticism of OpenAI's for-profit transition, Bill Gates' praise for ChatGPT, and Jony Ive's collaboration with Sam Altman on AI hardware. Google rehired AI pioneer Noam Shazeer, and Bezos-backed Perplexity AI is challenging Google's ad dominance.

Portfolio Pulse from Benzinga Neuro

September 29, 2024 | 1:01 pm

AAPL

MSFT

NVDA

Apple Inc. (NASDAQ:AAPL) has withdrawn from OpenAI's funding round, which is expected to raise $6.5-$7 billion. The iPhone 16 Pro Max's camera ranked fourth globally, despite leading in video capabilities. Apple also launched a new Passwords app with iOS 18 and discontinued the iPhone 15 Pro and iPhone 13 models.

Portfolio Pulse from Benzinga Neuro

September 29, 2024 | 11:00 am

SpaceX launched a Crew Dragon spaceship to rescue NASA astronauts stranded at the ISS due to issues with Boeing's Starliner. The Crew Dragon, designed for four, carried only two astronauts back to Earth. Boeing's Starliner faced thruster malfunctions, leading NASA to opt for SpaceX's reliable alternative. SpaceX's Crew Dragon is part of NASA's Commercial Crew Program and has proven to be more cost-effective and reliable than Boeing's Starliner.

Portfolio Pulse from Navdeep Yadav

September 29, 2024 | 3:47 am

KBH

KB Home (NYSE:KBH) is reducing home prices in key cities in Florida and Texas due to changing market conditions. Despite price cuts, the company reported strong Q3 financial results, with revenue and earnings beating estimates. The price reductions have led to a revival in sales, particularly in August and September.

Portfolio Pulse from Bibhu Pattnaik

September 28, 2024 | 6:05 pm

GOEV

KARS

NIO

RIVN

TSLA

The EV sector saw significant movements this week, with Tesla leading the charge due to strong sales in China and upcoming catalysts. Rivian faced a downgrade from Morgan Stanley, while Canoo expanded to the UK amidst internal challenges. Nio began deliveries of its new low-end EV, and GM announced a partnership for fast-charging batteries. The KraneShares Electric Vehicles and Future Mobility Index ETF saw a notable rise.

Portfolio Pulse from Shanthi Rexaline

September 28, 2024 | 2:35 pm