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TSLA

Elon Musk, CEO of Tesla Inc (NASDAQ:TSLA) and SpaceX, has suggested improvements to the supersonic Concorde airliner to enhance its efficiency. Musk proposed updating the engines and increasing the maximum altitude to reduce fuel consumption and solve heating issues. The Concorde, which was jointly run by British Airways and Air France, was retired in 2003 due to high operating costs and a fatal crash in 2000.

Portfolio Pulse from Anan Ashraf

October 31, 2023 | 6:28 am

MESO

Mesoblast released its 1Q24 quarterly activity report, revealing a cash balance of $53.2M and a net operating cash spend of $14.2M. The company also reported $1.6M in revenue from royalties on sales of TEMCELL® HS Inj. in Japan. In a Type A meeting in September, Mesoblast presented clinical data indicating high survival rates in children with SR-aGVHD treated with the improved RYONCIL product version of remestemcel-L.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 6:09 am

AAPL

Apple Inc. has discontinued the Touch Bar feature on its MacBook Pro lineup. The feature, introduced in 2016, received mixed reviews from users. While some appreciated its potential to enhance productivity, many found it cumbersome and less practical. The Touch Bar will not be available on new 14 and 16-inch MacBook Pros powered by M3-flavored chips.

Portfolio Pulse from Ananya Gairola

October 31, 2023 | 6:04 am

ON

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TSLA

Tesla's stock continues to lag behind the broader market recovery, sliding below the $200 mark. Bearish analyst Gordon Johnson from GLJ Research predicts the stock could fall to his price target of $24.33. Johnson also noted that the revamped Model 3, named Project Highland, is not selling well. Tesla's CEO Elon Musk has also raised investor concerns by suggesting macroeconomic factors are impacting the company's fundamentals. Other factors affecting Tesla's stock include On Semiconductor's guidance miss and Panasonic's cut in domestic battery production due to weak demand for Tesla Model S and X EVs.

Portfolio Pulse from Shanthi Rexaline

October 31, 2023 | 5:55 am

AAPL

Apple Inc. (NASDAQ:AAPL) introduced a series of new Macs featuring its latest M3 chips during its 'Scary Fast' event. The lineup includes the M3, M3 Pro, and M3 Max chips, which are the first personal computer chip series manufactured using a more efficient 3-nanometer process. The 24-inch iMac and 14-16 inch MacBook Pro models have been upgraded with these chips. The 24-inch iMac starts at $1,299 and the 14-inch MacBook Pro with an M3 Pro chip starts at $1,999. Both devices are now open for preorders and will be available from Nov. 7.

Portfolio Pulse from Ananya Gairola

October 31, 2023 | 4:18 am

F

TSLA

Ford Motor Co plans to add 15,000 Tesla superchargers to its charging network, a 25% increase from its previous estimate. The superchargers will be available to customers starting next spring. Ford will also expand its BlueOval Charge Network in North America by 25% to over 106,000 chargers by adding access to Francis Energy, Blink and Red E charging providers. In May, Ford signed an agreement to allow its customers access to 12,000 Tesla superchargers.

Portfolio Pulse from Anan Ashraf

October 31, 2023 | 3:11 am

CGC

CSE:PLTH

Ripple has introduced 'Ript on Rosin' gummies, a new cannabis product for Halloween. Planet 13 Holdings Inc. has launched its Trendi Solventless Live Rosin Vape Cartridges at Planet 13 Orange County, California. Entourage Phytolab has presented the Entourage Gel Cap Fusionner - Night Use, a hemp extract product designed to enhance sleep quality. The company has a history of collaboration with Canopy Growth Corporation and Europe's Bedrocan International.

Portfolio Pulse from Joana Scopel

October 31, 2023 | 2:37 am

AAPL

Apple Inc. filmed its entire 'Scary Fast' event, which unveiled the latest Mac models and M3 chips, using its highest-end model, iPhone 15 Pro Max. This is the first time an entire Apple event was captured using the device. The iPhone 15 Pro Max, launched last month, comes with significant video enhancements.

Portfolio Pulse from Ananya Gairola

October 31, 2023 | 1:45 am

MSFT

Bruce Nesmith, a senior systems designer for Microsoft Corp's (NASDAQ:MSFT) Starfield, shared insights on the game's development and suggested that the expansive nature of the game might have had its downsides. The game boasts approximately 1,000 procedurally generated planets to explore, but many players have observed that a significant portion of this vast terrain feels desolate. Nesmith expressed concerns this expansion might have come at the expense of more meaningful content within the game.

Portfolio Pulse from Franca Quarneti

October 30, 2023 | 10:00 pm

AMZN

DT

GOOG

GOOGL

IBM

META

MSFT

NVDA

PATH

XLK

President Joe Biden signed an executive order on artificial intelligence (AI), leading to gains in tech companies such as Microsoft, Meta Platforms, Alphabet, Nvidia, and Amazon. The companies have committed to deploying AI safely. Alphabet and Amazon have invested in AI start-up Anthropic, while Meta Platforms plans to focus on AI in 2024. Apple is also investing in AI, and UiPath's earnings have been boosted by demand for its AI products. AI start-up Hugging Face secured funding from IBM, Alphabet, Amazon, Nvidia, AMD, Intel, and Qualcomm.

Portfolio Pulse from Khyathi Dalal

October 30, 2023 | 9:46 pm