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Ford's F-150 Lightning-based supertruck will participate in the Pikes Peak International Hill Climb to test its EV powertrains. The truck, driven by Romain Dumas, features significant enhancements and aims to push the boundaries of Ford's electric vehicle technology.

Portfolio Pulse from Anan Ashraf

June 19, 2024 | 9:55 am

POAHY

RACE

TSLA

Ferrari is set to launch its first electric car in late 2025, priced at over $500,000, significantly higher than competitors like Tesla's Roadster and Porsche's Taycan. The new EV will be produced in a new plant in Maranello, Italy, which will increase Ferrari's production capacity. Ferrari reported strong financials for Q1 2024, with sales growth of 11% year-on-year.

Portfolio Pulse from Anan Ashraf

June 19, 2024 | 9:12 am

AAPL

Apple's Vision Pro mixed-reality headset is facing a usage crisis, with many users abandoning it after a few tries, according to top analyst Ming-Chi Kuo. Kuo suggests that creating a cheaper version won't solve the problem. This raises concerns about the product's future and Apple's position in the mixed-reality market.

Portfolio Pulse from Rounak Jain

June 19, 2024 | 8:10 am

GOOG

GOOGL

TSLA

Waymo, a subsidiary of Alphabet Inc., released a safety report claiming its autonomous driving technology is significantly safer than human drivers, resulting in fewer crashes and injuries. Despite this, the NHTSA has initiated a probe into Waymo's vehicles due to reports of risky driving behaviors. Waymo recently recalled 672 vehicles to address an issue with avoiding pole-like objects.

Portfolio Pulse from Anan Ashraf

June 19, 2024 | 7:05 am

AAPL

Apple Inc. (NASDAQ:AAPL) has introduced a new 'Help Me Choose' quiz on its website to assist customers in selecting the most suitable Mac for their needs. The quiz asks users about their intended use, location, and accessories, and suggests the ideal Mac based on their responses.

Portfolio Pulse from Ananya Gairola

June 19, 2024 | 6:54 am

FXI

KBA

KWEB

MCHI

Chinese Central Bank Governor Pan Gongsheng clarified that the PBOC's bond trading is a liquidity management tool, not a form of massive monetary easing. This comes amid economic uncertainty in China, with the PBOC keeping its key interest rate unchanged for the tenth consecutive month. Notable China ETFs to watch include KWEB, KBA, MCHI, and FXI.

Portfolio Pulse from Benzinga Neuro

June 19, 2024 | 6:51 am

SOLUSD

Martin Shkreli, known as 'Pharma Bro,' reportedly created the Trump-themed DJT Token with Barron Trump. This revelation was made by on-chain sleuth ZachXBT, who shared private messages from Shkreli. The Solana-based coin surged 187% but saw a quick dump by insiders. The coin recorded a 24-hour trading volume of $346 million and a market cap of $131 million.

Portfolio Pulse from Aniket Verma

June 19, 2024 | 6:33 am

BTCUSD

USDTUSD

XAUt

Renowned crypto analyst Willy Woo suggests that Tether might launch a Bitcoin-backed stablecoin in the future. Tether has already innovated with a gold-backed stablecoin, shifting from its traditional cash-backed USDT. Woo believes a Bitcoin-backed stablecoin could be viable in future market conditions with higher Bitcoin market cap and lower volatility.

Portfolio Pulse from Aniket Verma

June 19, 2024 | 6:12 am

GOOG

GOOGL

YouTube, owned by Alphabet Inc. (NASDAQ:GOOG, NASDAQ:GOOGL), is experimenting with a new feature that closely mirrors the Community Notes feature of Elon Musk’s X (formerly Twitter). This move is seen as a vote of confidence in the Community Notes system. The feature will allow users to clarify aspects of a video, and YouTube is currently restricting the pilot phase to a limited group of users to learn from the experiment.

Portfolio Pulse from Ananya Gairola

June 19, 2024 | 4:16 am

AMZN

DIS

NFLX

Netflix is expanding its local content production in Southeast Asia, particularly in Indonesia and Thailand, to replicate the success of 'Squid Game'. The company aims to capitalize on the region's large, young demographic. This move contrasts with rivals like Disney and Amazon, which are scaling back in the region. Netflix's stock has seen a significant rise this year.

Portfolio Pulse from Benzinga Neuro

June 19, 2024 | 3:37 am