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MetaMask, a decentralized finance (DeFi) wallet with 21 million monthly users, was temporarily removed from Apple's App Store without an official explanation. The app was restored shortly after. The removal was not related to any malicious activity, according to MetaMask. The incident has sparked discussions about the influence of centralized platforms over the crypto ecosystem.

Portfolio Pulse from Mehab Qureshi

October 16, 2023 | 4:19 am

AAPL

Apple Inc. is rumored to be developing a budget-friendly Vision Pro headset with a $2,000 price cut and potential feature omissions. The cheaper model may have lower-resolution displays and use an iPhone processor instead of a Mac-grade chip. The company is also considering removing the EyeSight feature and reducing the number of external cameras and sensors. Apple is also developing its second-generation headset, aiming to retain all features in a smaller and lighter package.

Portfolio Pulse from Ananya Gairola

October 16, 2023 | 3:38 am

TSLA

Tesla Inc (NASDAQ:TSLA) has posted a job opening for a Country General Manager in Santiago, Chile, sparking speculation about the company's potential entry into the South American market. The job posting indicates that the role will be crucial in launching the market. Tesla has also posted two other on-site job openings in Chile for a Tesla Advisor and Service Technicians. This move suggests that Tesla has significant plans for the Latin American market.

Portfolio Pulse from Anan Ashraf

October 16, 2023 | 2:44 am

AMC

The film 'Taylor Swift: The Eras Tour' opened with an estimated $95M-$97M at US and Canadian box offices over the weekend, according to Reuters citing AMC.

Portfolio Pulse from Charles Gross

October 15, 2023 | 3:34 pm

ABBV

AbbVie has presented positive results from the Phase 3 SEQUENCE study that evaluated the efficacy and safety of risankizumab (SKYRIZI) compared to ustekinumab (STELARA) in patients with moderately to severely active Crohn's disease. The study met all primary and secondary endpoints.

Portfolio Pulse from Charles Gross

October 15, 2023 | 3:29 pm

LCID

Lucid Group, Inc. (NASDAQ:LCID) has not yet released its Q3 deliveries report, leading to speculation about potentially poor performance. The company has faced challenges since it began producing its luxury EVs in late September 2021, including supply-chain disruptions and lukewarm demand due to economic uncertainties and aggressive price cuts by Tesla. Lucid's cumulative production and deliveries in the first half were well short of the company’s full-year production guidance of over 10,000 units.

Portfolio Pulse from Shanthi Rexaline

October 15, 2023 | 1:59 pm

AAPL

TSLA

This week, Apple Inc. (NASDAQ: AAPL) made headlines with several developments. California Governor Gavin Newsom signed the Right to Repair Act into law, backed by Apple, allowing device owners to repair their devices at third-party repair shops. Supply chain analyst Ming-Chi Kuo predicted that the 2024 Apple Watch may lack innovative features. Apple might introduce a new technology for its mainboard in the iPhone 17, potentially providing enhanced internal space and cost-saving benefits. Tesla Inc. vehicle owners are using the new iPhone 15 Pro’s “action button” as a car key substitute. Apple Inc. CEO Tim Cook and Tesla Inc. CEO Elon Musk did not make the top spot in the list of America's most popular CEOs.

Portfolio Pulse from Benzinga Neuro

October 15, 2023 | 1:28 pm

GOOG

MSFT

NVDA

China is proposing a blacklist to regulate AI, while chatbots from Google and Microsoft have shown limitations in reporting the Israel-Hamas conflict. Nvidia's stock is predicted to make significant gains, and OpenAI's CEO Sam Altman made statements on artificial intelligence. China's blacklist includes sources that cannot be used for training generative AI models. Google and Microsoft's chatbots incorrectly reported a ceasefire in the Israel-Hamas conflict. Analysts at TD Cowen predict Nvidia's stock will rise by 50%.

Portfolio Pulse from Benzinga Neuro

October 15, 2023 | 11:06 am

AAPL

Analyst Jeff Pu from Haitong International Securities has revealed potential features of Apple Inc's (NASDAQ:AAPL) upcoming iPhone 16 Pro. Based on insider information, the new model is expected to have a more advanced 5G modem, Wi-Fi 7 technology, an improved ultra-wide lens, and a larger display. The Pro variant will also incorporate a tetra-prism lens for enhanced 5x optical zoom and a 48-megapixel sensor for the ultra-wide lens. The device will be powered by the A18 Pro chip and is expected to outshine its predecessor in terms of connectivity.

Portfolio Pulse from Bibhu Pattnaik

October 14, 2023 | 9:20 pm

RACE

Ferrari (NYSE:RACE) has started accepting cryptocurrency as payment for its vehicles in the US, following a surge in requests from its affluent clientele. The company has partnered with BitPay, a cryptocurrency payment processor, to facilitate transactions in major cryptocurrencies. BitPay will instantly convert cryptocurrency payments into traditional currency to protect dealers from market volatility. Ferrari plans to expand crypto payments to Europe in Q1 next year. The company recently reported strong Q2 earnings.

Portfolio Pulse from Nabaparna Bhattacharya

October 14, 2023 | 6:35 pm