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Tech YouTuber Marques Brownlee discussed a smartphone startup, Nothing, founded by Carl Pei, which is trying to penetrate the U.S. market by integrating iMessage into their Android phone through an app called 'Nothing Chats', co-developed with Sunbird. This approach aims to bridge the messaging divide between Android and iPhone users, symbolized by 'green' and 'blue' bubbles. However, Brownlee raised security concerns about signing in with an Apple ID on a non-Apple device and the potential risks of using a remote Mac Mini for routing messages. He also speculated that Apple might not respond strongly due to antitrust pressures but could highlight security risks.

Portfolio Pulse from Ananya Gairola

November 15, 2023 | 5:56 am

ETHUSD

OMGUSD

Vitalik Buterin's blog post endorsing Plasma technology, a layer of the OMG Network, has led to a 10% increase in the price of OMG (CRYPTO: OMG) to $0.70. Buterin highlighted Plasma's potential to reduce transaction fees and improve security. Despite the surge, OMG is still down from its all-time high of $25.4 in January 2018. The crypto community continues to seek solutions for Ethereum's scalability and security, with newer technologies like rollups gaining popularity. Ethereum (CRYPTO: ETH) is currently trading at $1,981.16, down 3.70%.

Portfolio Pulse from Mehab Qureshi

November 15, 2023 | 5:20 am

TSLA

Tesla Inc. (NASDAQ:TSLA) has started sending out invitations to selected shareholders for the Cybertruck delivery event at the Gigafactory in Austin, Texas, on November 30. The attendees were chosen through a raffle, and Martin Viecha, Tesla’s Head of Investor Relations, announced the completion of the attendee list. The event is highly anticipated by Tesla customers, especially those who earned enough referral credits to be eligible for an invitation. The presence of numerous Cybertruck castings at the Texas Gigafactory indicates that Tesla is preparing for the event.

Portfolio Pulse from Benzinga Neuro

November 15, 2023 | 4:47 am

TSLA

Tesla Inc. (NASDAQ:TSLA) has removed a clause from their Motor Vehicle Order Agreement that threatened legal action against Cybertruck owners who resell their vehicles within the first year of ownership. The clause, which could have led to a $50,000 lawsuit and refusal of future vehicle sales, was specific to the Cybertruck and has been eliminated without explanation from Tesla. The Cybertruck is expected to start deliveries by the end of the month, with an event scheduled for Nov. 30 at the Texas Gigafactory.

Portfolio Pulse from Benzinga Neuro

November 15, 2023 | 4:11 am

TSLA

Tesla Inc. (NASDAQ:TSLA) has informed investors of an 'intermediate low-growth period,' indicating a slowdown from its previously targeted annual growth rate of 50%. The company is transitioning from its successful 3/Y platform to a forthcoming next-gen vehicle, which is expected to drive the next major growth wave. However, the timeline for these new vehicles is uncertain, with production lines under development at Gigafactory Texas. This period of slower growth may last a few years, affecting short-term investor expectations.

Portfolio Pulse from Benzinga Neuro

November 15, 2023 | 3:05 am

AVCNF

Avicanna Inc. (OTCQX: AVCNF) reported a record 713% YoY growth in Q3 2023 medical marijuana sales, reaching $6.27 million. The company acquired Medical Cannabis by Shoppers assets and launched MyMedi.ca platform. CEO Aras Azadian and CFO Phil Cardella highlighted strategic vision and financial milestones, including an eight-digit revenue figure and improved gross margins of 47%. Despite a 23% increase in SG&A, the company showed business scalability with an adjusted EBITDA loss of $473,000.

Portfolio Pulse from Nicolás Jose Rodriguez

November 15, 2023 | 1:56 am

AAPL

iFixit and PIRG have petitioned the FTC for nationwide right-to-repair regulations, targeting electronics manufacturers' restrictive practices. The petition calls for easier component replacement and opposes manufacturers' requirements for repair shops to disclose customer information. Apple Inc. (AAPL) is mentioned as using the 'parts pairing loophole' to restrict repairs to its own manufactured parts. The FTC's rulemaking process is lengthy and has not yet addressed the petition. The right-to-repair movement has various opponents, including a Scientology church-owned entity, Author Services, opposing software lock workarounds.

Portfolio Pulse from Benzinga Neuro

November 15, 2023 | 1:17 am

BTCUSD

ETHUSD

VanEck's Portfolio Manager Pranav Kanade discussed the investment prospects of Bitcoin and Ethereum at the Benzinga Future of Digital Assets event. He highlighted Bitcoin's potential for asymmetric returns but cautioned about its volatility. Kanade is optimistic about Bitcoin adoption due to easier access and the upcoming Bitcoin halving in April 2024. VanEck, a family-owned firm managing $80 billion, approaches crypto investments by assessing the sustainability of crypto ventures and their return mechanisms. Ethereum is valued based on the fees generated by applications on its platform, benefiting ETH token holders and stakers.

Portfolio Pulse from Khyathi Dalal

November 14, 2023 | 10:56 pm

JUSHF

Jushi Holdings Inc. reported Q3 2023 financial results with revenue of $65.4M and improved net loss and EBITDA. The company's net loss decreased by 62.3% YoY to $20.6M, and adjusted EBITDA grew to $9.7M. The success is attributed to disciplined cost management and the positive response to new SKUs. Jushi's shares were up 0.76% at $0.87 per share.

Portfolio Pulse from Nicolás Jose Rodriguez

November 14, 2023 | 10:54 pm

IRON

Disc Medicine has been granted a US patent for methods of treating erythropoietic protoporphyrias using Bitopertin. This development could potentially enhance the company's intellectual property portfolio and provide a competitive edge in the treatment of this condition.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 10:53 pm