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SRFM

Surf Air Mobility Inc. (NYSE:SRFM) has signed a memorandum of understanding with Tanzanian air operator Auric Air to upgrade up to 12 Cessna Grand Caravan aircraft with Surf Air's electrified powertrains. This agreement aims to reduce emissions and direct operating costs significantly. Surf Air, which is developing both hybrid and fully-electric variants for the Cessna Grand Caravan, now covers approximately 13% of the Cessna Caravan market in Africa. The company has also secured similar agreements with other air operators in East Africa and Brazil, highlighting its commitment to reducing the environmental impact of flying.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 12:32 pm

FRSX

Foresight Autonomous Holdings (FRSX) and Softbank have successfully completed the technology validation phase for connected mobility applications in Japan. Following this achievement, they will begin sales efforts with SoftBank's key business partners for commercial validation.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 12:28 pm

DOGE

MILLI

SHIB

Milli (CRYPTO: MILLI) experienced an 80% surge in value following its listing on MEXC Global, outperforming other meme tokens like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). This listing marks Milli's debut on a centralized exchange, significantly boosting its market presence with a market capitalization of $6.12 million and a trading volume of $274.57K. Social metrics for Milli have shown positive trends, with increases in posts, content creators, sentiment, and social dominance. A community member hinted at a potential major announcement on March 22, which could further elevate Milli's status among meme coins.

Portfolio Pulse from Mehab Qureshi

March 22, 2024 | 12:25 pm

AAPL

NVDA

Ross Gerber, a Tesla Inc. supporter, criticized the DOJ's antitrust lawsuit against Apple Inc., questioning its merit and timing, especially following the launch of Apple's Vision Pro. He suggested the lawsuit was primarily about money. The DOJ accuses Apple of monopolistic practices in its iPhone and services business. Meanwhile, Apple's recent partnership with Nvidia Corp. to use Omniverse technology for the Vision Pro headset has been highlighted as a positive development.

Portfolio Pulse from Rounak Jain

March 22, 2024 | 12:22 pm

AAPL

The U.S. Department of Justice (DOJ) has filed a lawsuit against Apple Inc (NASDAQ:AAPL), alleging that the company is using its CarPlay service to dominate the automotive industry by making driving an 'iPhone-centric experience'. The lawsuit claims Apple is restricting competitors' access to iPhone hardware and software features, violating antitrust laws. Apple plans to defend vigorously against the lawsuit, stating it believes the lawsuit is wrong on facts and law.

Portfolio Pulse from Anan Ashraf

March 22, 2024 | 12:17 pm

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