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Solana Saga phones have sold out due to the inclusion of a free Bonk memecoin airdrop with each purchase. The phones, originally priced at $599, fetched up to $5,000 on eBay. The demand was driven by a 800% surge in Bonk's value over the last 30 days. Solana-based projects like Solend are also offering airdrops to Saga phone holders, indicating broader interest beyond the Bonk memecoin.

Portfolio Pulse from Mehab Qureshi

December 18, 2023 | 8:19 am

BlackBerry Limited will be presenting its BlackBerry IVY connected vehicle data platform at CES 2024. The platform allows developers to create automotive services rapidly by utilizing in-vehicle AI and a developer-friendly environment. The diversity of solutions on the BlackBerry IVY platform offers automakers new ways to differentiate and monetize connected cars.

Portfolio Pulse from Benzinga Newsdesk

December 18, 2023 | 8:04 am

LOGI

MSFT

Logitech's AI-powered tabletop camera, Logitech Sight, has been certified by Microsoft Teams and Zoom Rooms. It is the first intelligent camera to be certified as a center-of-table camera for Microsoft Teams and the first Panoramic Camera certified for Zoom Rooms. This certification could enhance Logitech's reputation in video conferencing technology.

Portfolio Pulse from Benzinga Newsdesk

December 18, 2023 | 8:04 am

AAPL

Beeper's services, which enable iMessage on Android and other platforms, have faced another significant outage affecting over 60% of its users. Apple Inc. (NASDAQ:AAPL) has been blocking the method used by Beeper to provide these services, leading to repeated disruptions. The latest outage began on Dec. 17, and there is no clear timeline for a resolution. This continues the ongoing conflict between Apple and Beeper over the latter's iMessage for Android solution.

Portfolio Pulse from Benzinga Neuro

December 18, 2023 | 7:47 am

XPEV

Xpeng Inc. (NYSE:XPEV) has announced a limited-time discount of RMB 10,000 ($1,400) on its G6 SUV starting Dec. 18, following a previous price cut on the P7i sedan. The G6's price reduction and a 24-term zero-interest loan option aim to boost sales amid a plateau in growth and increasing competition in China's EV market. Despite a downturn in the Hong Kong stock market and divestment concerns, Xpeng reported a 25% year-on-year sales growth in Q3 FY23 and a record delivery of over 20,000 vehicles in November.

Portfolio Pulse from Benzinga Neuro

December 18, 2023 | 7:41 am

BMWYY

HMC

KARS

MZDAY

POAHY

TSLA

Consumer Reports' annual survey on auto brand reliability did not feature any U.S. automakers in the top ten, with Toyota (TM) and its Lexus brand leading the list. BMW's Mini, Honda's Acura and Honda, Subaru, Mazda (MZDAY), Porsche (POAHY), BMW, and Hyundai's Kia were also in the top ten. U.S. brands like General Motors' Buick (GM), Tesla (TSLA), and Ford (F) trailed behind, with Tesla ranking 14th. The survey also noted that hybrids had fewer problems than ICE vehicles, while PHEVs and EVs, including electric pickup trucks, had more issues. The KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) closed down 0.55%.

Portfolio Pulse from Shanthi Rexaline

December 18, 2023 | 6:44 am

MBGAF

TSLA

A Mercedes-Benz dealership in Texas distributed printed copies of a CNN article about a Tesla Autopilot recall to its customers. The recall, announced by the NHTSA, led to Tesla issuing a software update to address the issues. Mercedes-Benz's action highlights the competition with Tesla and its active pursuit of EV market share. Tesla's OTA update solution for the recall has been criticized by some as misleading. Despite this, Tesla remains a strong investment in the EV industry, according to Gary Black of Future Fund.

Portfolio Pulse from Benzinga Neuro

December 18, 2023 | 6:25 am

ALPMY

The European Medicines Agency has recommended Astellas Pharma Inc.'s drug, Arpraziquantel, for the treatment of schistosomiasis in preschool-aged children. This recommendation could lead to increased use of the drug in this age group across Europe.

Portfolio Pulse from Benzinga Newsdesk

December 18, 2023 | 6:19 am

GOOG

GOOGL

Epic Games won an antitrust lawsuit against Alphabet Inc.'s Google, challenging the 30% commission fee on digital purchases in the Android app market. Despite the victory, Epic's CEO Tim Sweeney fears Google may continue imposing high fees, offering 'fake' competition solutions. Sweeney advocates for lower app store fees, citing lower operating costs seen at Epic's own store. The ruling is a significant antitrust decision against a tech giant since the 1990s.

Portfolio Pulse from Ananya Gairola

December 18, 2023 | 6:06 am

SHIBUSD

Shiba Inu (SHIB) experienced a significant token burn over the weekend, with 8.6 billion SHIB tokens burned in six transactions, resulting in a 727,000% spike in burn rate. The SHIB team member Lucie reported the burn and hinted at more to come, with lead developer Shytoshi Kusama emphasizing the importance of global adoption for impactful burns. Shibarium transactions have increased, with an average of 7.5 million daily transactions since December 2. Cryptocurrency analyst Ali Martinez suggests a potential breakout for SHIB if it maintains the support level at $0.0000103. Currently, SHIB is trading at $0.000010, down 8% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

December 18, 2023 | 6:01 am