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FLNC

Fluence Energy has been chosen by Origin Energy to deliver a 300 MW/650 MWh battery storage system for the Mortlake Power Station in Australia. This project is significant as it represents a substantial investment in energy storage solutions by Origin Energy and showcases Fluence Energy's capabilities in the sector.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 6:00 am

MRK

Merck's KEYTRUDA has shown a 38% reduction in the risk of death compared to placebo in a Phase 3 trial as adjuvant therapy for RCC patients post-nephrectomy. These results were featured in the Press Program at the 2024 ASCO Genitourinary Cancers Symposium.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 5:49 am

BTCUSD

Robert F. Kennedy Jr., considering a presidential bid as a Libertarian, has joined Donald Trump in opposing central bank digital currencies (CBDCs). Kennedy Jr. has pledged to protect cryptocurrencies like Bitcoin and ensure transaction security, citing concerns over government surveillance and control. Trump, advised by Vivek Ramaswamy, has also promised to prevent federal control of finances through a CBDC. The Federal Reserve, however, has not made any concrete plans for a digital dollar, with a decision still years away.

Portfolio Pulse from Mehab Qureshi

January 29, 2024 | 5:21 am

AMZN

Amazon MGM Studio is developing a movie about the $4 billion Bitfinex Bitcoin heist, focusing on the lives of Heather 'Razzlekhan' Morgan and Ilya Lichtenstein, who were involved in the 2016 hack. The film is directed by Hannah Marks, co-produced by Lili Reinhart, and based on a New York Times article. Morgan and Lichtenstein confessed to the theft and money laundering and could face up to 20 years in prison. Amazon has not released further details about the film's production or release dates.

Portfolio Pulse from Mehab Qureshi

January 29, 2024 | 4:03 am

TSLA

Tesla Inc (NASDAQ:TSLA) has launched a tour in China to showcase its Cybertruck, starting in eight major cities. The tour began over the weekend and features eight Cybertrucks displayed simultaneously. Although the Cybertruck is not yet on sale in China, Tesla is considering displaying prototypes despite potential regulatory challenges. Tesla has started U.S. deliveries and plans to ramp up production, aiming for 250,000 deliveries by 2025 with a current production capacity of 125,000 units.

Portfolio Pulse from Anan Ashraf

January 29, 2024 | 3:19 am

AAPL

Apple Inc. is expected to announce new iPads and MacBook Airs with M3 chips by the end of March, as reported by Mark Gurman. The lineup may include a redesigned iPad Pro, an updated iPad Air, a larger iPad Air, and 13-inch and 15-inch MacBook Airs. Production for the new iPad Pros and 13-inch MacBook Air is already underway. The M3 chip is based on the A17 Pro chip, which powers the iPhone 15 Pro and Pro Max. This follows Apple's 2023 launch of the MacBook Air with M2 chip and indicates a strategic shift from iPhones to other products like wearables and mixed-reality headsets for 2024.

Portfolio Pulse from Ananya Gairola

January 29, 2024 | 2:48 am

AAPL

Apple Inc. (NASDAQ:AAPL) has released a TV spot for its new mixed-reality headset, Vision Pro, on YouTube, highlighting its features and versatility. The ad comes ahead of the product's release on Feb. 2. Pre-order numbers for the Vision Pro have exceeded expectations, with analysts noting strong initial sales but cautioning that demand may decrease post-launch. High-profile individuals, including Elon Musk, have shown interest in the headset.

Portfolio Pulse from Ananya Gairola

January 29, 2024 | 1:55 am

BA

EADSY

UAL

United Airlines CEO Scott Kirby has initiated discussions with Airbus to potentially purchase more A321neo jets. This move comes as a result of delays in the delivery of Boeing's 737 Max 10 aircraft. Kirby's approach to Airbus indicates a possible shift in United's procurement strategy due to the uncertainty surrounding the Boeing 737 Max 10's certification and delivery timeline.

Portfolio Pulse from Charles Gross

January 28, 2024 | 8:35 pm

ALK

BA

UAL

United Airlines Holdings Inc. (UAL) is resuming flights with Boeing Co.'s (BA) 737 Max 9 aircraft after a temporary grounding. The grounding was due to an incident involving an Alaska Air Group Inc (ALK) flight where a door plug blew out mid-flight. The FAA has given final approval for the Max 9 fleet's return. United, a major Boeing customer, had expressed concerns over Boeing's quality control. Alaska Airlines has already restarted Max 9 operations, with Aeromexico and Turkish Airlines expected to follow. Boeing has committed to improving quality standards to regain confidence from customers, regulators, and the public.

Portfolio Pulse from Bibhu Pattnaik

January 28, 2024 | 4:05 pm

TSLA

Tesla, Inc. (NASDAQ:TSLA) shares dropped 12.13% on Thursday after Q4 results but slightly recovered on Friday. The stock is now in the oversold zone according to the 14-day RSI. A long-term technical chart suggests that Tesla has historically bounced back after hitting a long-term upward trendline. Analysts have lowered estimates and price targets post-earnings, but the average target still indicates over 21% upside potential. Near-term catalysts include Q1 delivery updates and news on new EVs, Giga Mexico, or India launch.

Portfolio Pulse from Shanthi Rexaline

January 28, 2024 | 2:31 pm