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TSLA

Tesla Inc (NASDAQ: TSLA) has introduced an optional 'range extender' battery pack for its Cybertruck, which fits in one-third of the truck bed and is designed for long trips or heavy towing. The base model Cybertruck starts at $60,990 with a 250-mile range, while the range extender can increase this to up to 470 miles. The vehicle is available in three versions, with the other two having over 300 miles of range without the extender. Tesla has begun delivering Cybertrucks at a Texas event.

Portfolio Pulse from Anan Ashraf

December 01, 2023 | 4:21 am

CLSK

PATH

SMCI

TSLA

ULTA

The stock market had mixed results with the S&P 500 up, Nasdaq down, and the Dow Jones gaining. Super Micro Computer (SMCI) fell after announcing a public offering. CleanSpark (CLSK) dropped post-earnings report. Tesla (TSLA) declined around its Cybertruck event. UiPath (PATH) slightly fell, with focus on its Q3 earnings and AI investment. Ulta Beauty (ULTA) rose after positive Q3 earnings and sales trends.

Portfolio Pulse from Benzinga Neuro

December 01, 2023 | 3:19 am

TSLA

Tesla Inc (NASDAQ:TSLA) has delivered its first Cybertrucks, showcasing its performance and durability features, such as racing against a Porsche 911 and demonstrating bulletproof capabilities. CEO Elon Musk dismissed the notion of viral marketing, attributing the attention to the product's inherent qualities. The Cybertruck, with a starting price of $60,990, will have its cheapest version available in 2025. Musk praised the Cybertruck as Tesla's best product at the delivery event.

Portfolio Pulse from Anan Ashraf

December 01, 2023 | 3:11 am

MSTR

Major cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, saw price increases after two key developments. Microstrategy Inc (NASDAQ:MSTR) purchased an additional 16,130 BTC, bringing their total holdings to 174,530 BTC. The SEC acknowledged Fidelity Investments' filing for a spot Ethereum ETF. Analysts predict Ethereum could reach $3,500 by Q1 2024, and the trend of self-custody for Ethereum is increasing, with exchange wallets at a 6-month low and non-exchange wallets at an all-time high.

Portfolio Pulse from Mehab Qureshi

December 01, 2023 | 2:57 am

ETHUSD

The SEC has opened a public comment period on a proposed rule change that could allow Fidelity to offer a spot Ethereum ETF. The Cboe BZX Exchange would list and trade shares of the Fidelity Ethereum fund if approved. Fidelity filed for the fund on Nov. 17, 2023, and a 240-day review period has started. The approval would provide U.S. investors with regulated investment options similar to those available in Europe. Currently, U.S. investors have limited and riskier options for ether exposure.

Portfolio Pulse from Khyathi Dalal

November 30, 2023 | 11:10 pm

MSFT

Minecraft Legends, developed by Microsoft's Xbox Game Studios and Mojang, is receiving a major free update with new features such as witches, frogs, and new Piglins. The update includes enhancements to gameplay, combat balancing, PvP, and customizable settings. This marks a significant expansion for the game across all platforms.

Portfolio Pulse from Franca Quarneti

November 30, 2023 | 10:33 pm

LDO

UNI

Rollbit, a crypto casino and futures exchange, has a market cap of $505M and YTD revenue of $355M. It ranks third in revenue among crypto protocols, behind Uniswap and Lido. Rollbit's diverse revenue streams and token buyback program have contributed to its success, with a significant portion of RLB tokens already burned. Despite rapid revenue growth and a favorable P/S ratio, potential investors should consider risks such as the platform's anonymity and licensing in Curaçao, as well as restrictions in major markets.

Portfolio Pulse from Murtuza Merchant

November 30, 2023 | 10:31 pm

ESTC

Elastic NV (ESTC) stock surged in after-hours trading following the company's Q2 earnings report, which exceeded analyst expectations. Elastic reported earnings of 37 cents per share, surpassing the consensus estimate of 24 cents, and quarterly sales of $310.61 million, beating the estimate of $304.11 million. The company also saw an increase in subscription customers and provided positive guidance for Q3 and full-year 2024, with anticipated earnings and revenue above estimates. CEO Ash Kulkarni highlighted investments in AI and the Elastic Relevance Engine as key drivers of customer engagement.

Portfolio Pulse from Ryan Gustafson

November 30, 2023 | 10:30 pm

POLA

Polar Power (symbol: POLA) has announced its intention to sell shares of its common stock in an underwritten public offering. The net proceeds from the offering are planned to be used for product development, general corporate purposes, working capital, capital expenditures, operational purposes, and potential acquisitions in complementary businesses.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 10:26 pm

JPM

JPMorgan's research report indicates a resurgence in the DeFi and NFT sectors, driven by the anticipation of a U.S.-based spot Bitcoin ETF. The report notes increased trading activity in DeFi, the rise of liquid staking, and the emergence of new chains and protocols. However, it also mentions Ethereum's ongoing challenges with scalability and competition. The overall sentiment is cautiously optimistic about the revival of DeFi and NFT activities.

Portfolio Pulse from Murtuza Merchant

November 30, 2023 | 10:20 pm