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HYMTF

TSLA

WKSP

Hyundai Motor Company (OTC:HYMTF) and Kia Corporation are enhancing their competitiveness in India by signing a memorandum of understanding with Exide Energy Solutions Ltd for localizing EV battery production. This move aligns with Tesla Inc's (NASDAQ:TSLA) interest in India for EV production due to lower labor costs. Hyundai plans to invest $2.40 billion in India, launching six EVs by 2028, while Kia will introduce three EVs, including the made-in-India Carens EV. Hyundai Motor America reported record sales, with a significant increase in EV sales. Hyundai's collaboration with Worksport Ltd (NASDAQ:WKSP) for solar-powered tonneau covers and portable battery systems indicates a commitment to R&D and eco-friendly innovations. The strategic focus on India's booming EV market, where sales are expected to rise by 66% this year, positions Hyundai, Kia, and Exide to capitalize on this growth.

Portfolio Pulse from Upwallstreet

April 08, 2024 | 1:02 pm

BAH

NET

Cloudflare, Inc. (NYSE:NET) and Booz Allen Hamilton (NYSE:BAH) have announced a collaboration to provide immediate Incident Response and DDoS mitigation services to Booz Allen's global commercial clients facing cyber attacks. This partnership offers a 30-Day Rapid Response DDoS Mitigation service, including continuous monitoring and protection, leveraging Cloudflare's extensive network and cybersecurity expertise. The collaboration aims to support enterprises during critical times of cyber threats, ensuring rapid mitigation and ongoing protection.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 1:02 pm

SMRT

SmartRent has introduced the Alloy SmartHome Leak Sensor+, a new product that offers enhanced features such as superior battery longevity, increased humidity resistance, improved leak detection, broader compatibility, higher reliability, and better performance.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 1:02 pm

AMLX

Amylyx Pharmaceuticals, Inc. (NASDAQ:AMLX) announced a virtual webcast to discuss interim data from the Phase 2 HELIOS trial of AMX0035 for Wolfram syndrome treatment, set for April 10, 2024. The webcast will feature management and Dr. Fumihiko Urano, the trial's Principal Investigator. The HELIOS trial aims to study AMX0035's safety, tolerability, and its impact on endocrinological, neurological, and ophthalmologic functions in Wolfram syndrome patients.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 1:01 pm

WAVE

Eco Wave Power has been chosen by an international energy company to conduct wave energy feasibility studies along the U.S. coastline. The company has initiated a three-month in-depth study in the U.S. and key regions to explore the best proposed implementation sites for commercial installations. The review process includes 77 sites.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 1:01 pm

AAPL

BTCUSD

ETHUSD

TSLA

The article covers a range of topics from cryptocurrency trends, including Bitcoin's surge as its halving approaches, to US and world politics, the US economy, tech innovations, electric vehicles, and more. Key highlights include Bitcoin, Ethereum, and Dogecoin's price movements, Ripple CEO's market prediction, and various political and economic developments in the US and globally. It also touches on tech updates like Apple's new initiatives and Tesla's focus on autonomy.

Portfolio Pulse from Akanksha Bakshi

April 08, 2024 | 12:49 pm

NU

Nubank has introduced the Ultravioleta Global Account, targeting the travel segment by offering customers the ability to manage funds in different currencies. This move is aimed at enhancing the banking experience for travelers, providing them with more flexibility and control over their finances while abroad.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 12:49 pm

VUZI

Vuzix Corporation (NASDAQ:VUZI) announced the online sales launch of its Vuzix Shield smart safety glasses, expanding availability to the general public. The Vuzix Shield, featuring advanced AR technology, microLED displays, and various functionalities tailored for enterprise use, is now available for purchase on the company's website. Initially targeted at developers and researchers, the product supports a wide range of use cases across different industries. The company has increased manufacturing capacity to meet growing demand and continues to focus on delivering high customer service levels.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 12:47 pm

AUUD

LGVN

UCAR

Auddia Inc. (AUUD) shares surged 139% following the USPTO's award of U.S. Patent 11,935,520 for its AI technology in the faidr app, enabling ad-free AM/FM radio for subscribers. U Power (UCAR) shares rose 113% as it announced its battery-swapping model for electric vehicles is set for commercial rollout in Wuhu, China. Longeveron (LGVN) shares increased 119% after issuing a letter to shareholders outlining its corporate strategy and goals for 2024.

Portfolio Pulse from ryanfaloona@benzinga.com

April 08, 2024 | 12:44 pm

ECOR

electroCore, Inc. has announced the launch of Truvaga Plus, a new product aimed at enhancing general wellness. This development could potentially open new market segments for the company and drive revenue growth.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 12:44 pm