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The China Association of Automobile Manufacturers released a list of 76 smart vehicle models from companies including Tesla, BYD, Li Auto, and Nio, which comply with China's national data security standards.

Portfolio Pulse from Charles Gross

April 28, 2024 | 3:48 pm

SOLUSD

Cryptocurrency strategist Altcoin Sherpa predicts Solana (SOL) will surge 267% to over $500 by the end of 2024. He also sees potential in AI-focused cryptocurrencies Fetch.ai (FET) and Render (RNDR), suggesting they could be good buys after short-term pullbacks. Currently, SOL is trading at $136, with FET at $2.11 and RNDR at $7.95, all experiencing recent declines.

Portfolio Pulse from Bibhu Pattnaik

April 28, 2024 | 12:47 pm

ETHUSD

PEPEUSD

SHIBUSD

The cryptocurrency market experienced significant events this week, including a 2,211.9% increase in Shiba Inu's burn rate, concerns about market overvaluation, Pepe's potential to outperform Shiba Inu and Dogecoin, the role of memecoins in the adoption of Base's L2 network, and Cathie Wood's prediction that Ethereum could reach a $20 trillion market cap by 2032.

Portfolio Pulse from Benzinga Neuro

April 28, 2024 | 11:04 am

AAPL

META

NVDA

TSLA

This week in AI featured Elon Musk's humorous interaction regarding a photo with tech leaders, Mark Zuckerberg's skepticism towards AR glasses without full holographic displays, and Meta Platforms' $1B investment in Nvidia H100 GPUs to fuel its AI initiatives. Additionally, over 50% of Instagram content and 30% of Facebook posts are now AI-recommended, and Musk supports the prediction that domestic robots will be in every middle-class American home within seven years.

Portfolio Pulse from Benzinga Neuro

April 28, 2024 | 3:28 am

DJT

MSFT

PLTR

TSLA

Benzinga's analysis highlights the best and worst performers, with tech stocks like Microsoft showing strong growth potential, especially in AI, and Palantir boosting sales through innovative strategies. Meanwhile, concerns arise over cryptocurrency market stability and potential stock manipulation in Trump Media. Tesla faces accusations of misrepresenting Full Self-Driving capabilities, likening it to Enron.

Portfolio Pulse from Michael Cohen

April 27, 2024 | 6:03 pm

AMC

AMC Entertainment Holdings, Inc. (NYSE:AMC) preannounced Q1 results, expecting to top estimates with $951.4 million in revenue and a net loss of $163.5 million, despite fewer box office releases due to Hollywood strikes. The company anticipates the impact of the strikes to extend into Q2 but remains optimistic about the upcoming film slate. AMC also reported selling 12.8 million shares, raising $41.8 million from its at-the-market offering. The stock fell 3.81% in after-hours trading following the announcement.

Portfolio Pulse from Shanthi Rexaline

April 27, 2024 | 3:39 pm

BYDDY

FSRN

KARS

TSLA

VFS

Tesla, Inc. (TSLA) led a recovery in EV stocks with its earnings call updates, including an accelerated production start for a new model and the Tesla Semi's manufacturing plans. Fisker, Inc. (FSRN) is in talks for a potential sale due to liquidity concerns. BYD Co. Ltd. (BYDDY, BYDDF) announced its first energy pickup truck, the BYD Shark. VinFast Auto Ltd. (VFS) may receive additional investment from its founder. Rivian offered discounts on new R1 models. The KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) saw a weekly gain.

Portfolio Pulse from Shanthi Rexaline

April 27, 2024 | 12:48 pm

TSLA

Elon Musk, CEO of Tesla Inc (NASDAQ:TSLA), encouraged X followers and Tesla drivers to try the supervised Full Self-Driving (FSD) software, highlighting its potential and the company's progress towards autonomy. Tesla has reached one billion miles driven with FSD, with Musk optimistic about solving vehicle autonomy. Tesla also initiated a 30-day free FSD trial in the U.S. and reduced the FSD software price by 33% to $8,000.

Portfolio Pulse from Anan Ashraf

April 27, 2024 | 9:03 am

TSLA

Tesla Inc has begun sending out Cybertruck delivery invites to its long-term shareholders, as announced by company executive Martin Viecha. This initiative, exclusive to shareholders who have met specific criteria regarding their shareholding duration and quantity, aims to expedite the delivery of the Foundation Series Cybertruck. The verification of shareholder statements has caused delays in sending out invites. Tesla plans to deliver 250,000 units of the Cybertruck starting in 2025, with over a million reservations already made. The conversion rate from reservations to orders has been positive, indicating a strong demand for the Cybertruck.

Portfolio Pulse from Anan Ashraf

April 27, 2024 | 2:55 am