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AAPL

Apple Inc. (NASDAQ:AAPL) is reportedly preparing to allow sideloading of apps on iOS devices in response to the EU's Digital Markets Act. The iOS 17.2 beta code reveals a new 'Managed App Distribution' framework, which could enable third-party app installations and potentially allow developers to create their own app stores. This marks a significant policy shift for Apple, which has historically opposed sideloading. The company has until March 2024 to comply with the DMA but may appeal against the inclusion of the App Store in the legislation.

Portfolio Pulse from Benzinga Neuro

November 13, 2023 | 10:28 am

BA

Dubai-based airline flydubai has committed to purchasing 30 Boeing 787-9 Dreamliners, with the order valued at $11 billion. This move signifies the airline's strategy to diversify its fleet by introducing wide-body aircraft.

Portfolio Pulse from Charles Gross

November 13, 2023 | 9:59 am

TSLA

Tesla Inc (NASDAQ:TSLA) users are still experiencing issues with the 'steering wheel nag' in full self-driving mode, despite CEO Elon Musk's promises for a fix. The nag requires drivers to apply pressure to the steering wheel to confirm attentiveness, but users find it difficult and potentially unsafe. Musk has acknowledged the problem and suggested that future updates may reduce the nag for experienced FSD beta users, but a definitive solution has not yet been implemented.

Portfolio Pulse from Anan Ashraf

November 13, 2023 | 9:59 am

BA

SunExpress, a joint venture between Turkish Airlines and Lufthansa, has committed to purchasing up to 90 Boeing 737 MAX jets, including 28 737-8 and 17 737-10 models, with an option for up to 45 more. This deal, announced at the Dubai Airshow, is set to more than double SunExpress's fleet and support its growth strategy.

Portfolio Pulse from Charles Gross

November 13, 2023 | 9:42 am

LILM

ArcosJet DMCC has purchased 10 all-electric eVTOL jets from Lilium N.V. (NASDAQ:LILM), with deliveries expected in 2026 and 2027. This follows ArcosJet's appointment as an exclusive dealer for the Lilium Jet in the Middle East. The Lilium Pioneer Edition Jet features a spacious 4-seat cabin, low-noise, high-speed travel with zero operating emissions, and comes with maintenance, pilot training, and charging stations.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 9:19 am

PSFE

Paysafe (NYSE:PSFE), a leading payments platform, has announced a partnership with Fanatics Betting and Gaming, a subsidiary of Fanatics Holdings Inc. The collaboration will allow Fanatics Sportsbook to integrate Paysafe's payment solutions, including traditional card payments and alternative payment methods (APMs).

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 9:05 am

SPI

SPI Energy Co., Ltd. (NASDAQ:SPI), a global renewable energy company, announced that its subsidiary Solar4America Technology Inc. (S4A) will present its American-made solar modules at RE+ 2023 in Chicago on November 13-14. S4A, based in Sacramento, California, is a solar module manufacturer and will be exhibiting at booth 215.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 8:50 am

ARKK

GOOGL

QQQ

Cathie Wood criticized index-based investing, using Alphabet Inc. as an example, highlighting the risk it faces from large-language models (LLMs) like GPT4 that could disrupt Google's search business. She argues that passive funds are shorting disruptive innovation and that the massive shift towards passive funds is a misallocation of capital. Despite these concerns, the Invesco QQQ Trust, a passive fund, has outperformed Ark's actively managed Ark Innovation ETF this year.

Portfolio Pulse from Shanthi Rexaline

November 13, 2023 | 7:42 am

TSLA

Elon Musk, CEO of Tesla Inc, has announced that the Full Self-Driving (FSD) version 12 will be available for customers to try in about two weeks. This statement has been met with both excitement and skepticism due to Musk's history of delayed timelines. The announcement coincides with the upcoming Cybertruck event at Gigafactory Texas, leading to speculation about a special announcement. FSD is currently in beta mode and requires driver supervision, but Musk has hinted at full autonomy in the past.

Portfolio Pulse from Anan Ashraf

November 13, 2023 | 7:29 am

RIVN

TSLA

Rivian Automotive, Inc. (NASDAQ:RIVN) received approval to start construction of a new manufacturing facility in Georgia for its affordable R2 EVs. The plant represents a $5 billion investment and is expected to create 7,500 jobs. This move comes as Rivian aims to compete in the EV market, particularly in the $45,000 to $50,000 price range for midsize SUVs, where Tesla, Inc. (NASDAQ:TSLA) currently has a significant market share. Rivian's stock closed up 0.46% at $15.40 following the news.

Portfolio Pulse from Shanthi Rexaline

November 13, 2023 | 6:16 am