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TSLA

Tesla Inc's CEO Elon Musk criticized environmental activists protesting the expansion of the Berlin gigafactory, calling them 'dumber than a doorstop' or 'puppets.' The protest follows an arson attack that halted production, attributed to the 'Vulkan' Group citing environmental concerns. Despite local opposition and production challenges, Tesla plans to double the factory's capacity for battery and car production.

Portfolio Pulse from Anan Ashraf

March 13, 2024 | 7:26 am

WKEY

WISeKey's WISe.Art platform is set to digitalize over $500M worth of Italian Renaissance art owned by GMA, marking a significant move into the digital art space.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 6:35 am

AAPL

Jim Cramer, host of CNBC's 'Mad Money,' has advised investors to maintain their holdings in Apple Inc (NASDAQ:AAPL) despite recent challenges, including a stock price drop, regulatory issues, and slow iPhone sales in China. Cramer emphasized patience and highlighted potential long-term gains from AI-integrated iPhones and the resolution of China-related concerns. Contrarily, Bank of America and Evercore ISI are optimistic about Apple's future, citing increased market share and potential growth drivers like AI integration and the Services business.

Portfolio Pulse from Benzinga Neuro

March 13, 2024 | 5:46 am

META

Meta Platforms Inc.'s chief AI scientist, Yann LeCun, stated on the Lex Fridman podcast that creating an unbiased AI system is impossible due to the subjective nature of bias. He emphasized the need for a diverse range of AI systems and warned against the control of AI by a few companies. The discussion also touched on the criticism of Google's Gemini for generating biased content and the broader industry debate on AI bias, with figures like Elon Musk and Mark Cuban weighing in on the issue.

Portfolio Pulse from Ananya Gairola

March 13, 2024 | 5:21 am

F

Elon Musk congratulated Ford CEO Jim Farley on the 100th anniversary of Ford's Chicago Assembly plant, highlighting the plant's historical significance and its role in manufacturing key models like the Ford Explorer and Lincoln Aviator. The gesture reflects the ongoing collaboration between Tesla and Ford, especially in the electric vehicle and charging infrastructure sectors.

Portfolio Pulse from Anan Ashraf

March 13, 2024 | 3:42 am

BA

INTC

NVDA

RUM

TSLA

On Tuesday, U.S. stocks closed higher with notable movements in shares of Rumble, Boeing, Intel, NVIDIA, and Tesla. Rumble's stock surged 18.26% after expressing interest in partnering with TikTok. Boeing's shares fell 4.29% due to failing FAA audits. Intel saw a modest increase of 0.85% after navigating sales to Huawei. NVIDIA's stock jumped 7.16%, continuing its strong yearly performance. Tesla's stock slightly decreased by 0.13%, but analysts remain optimistic about its growth.

Portfolio Pulse from Benzinga Neuro

March 13, 2024 | 2:41 am

AMZN

GOOGL

META

MSFT

Bank of America's strategist Savita Subramanian predicts a significant upturn in the stock market, driven by corporate investments in AI, particularly by mega-cap companies like Microsoft, Amazon, Alphabet, and Meta Platforms. These investments are expected to propel S&P 500 earnings to new heights, with a forecasted increase to $250 per share in 2024 and $275 in 2025. The focus on AI investments is anticipated to benefit sectors such as semiconductors, networking, electrification, utilities, and commodities.

Portfolio Pulse from Benzinga Neuro

March 13, 2024 | 1:42 am

DOGEUSD

SHIBUSD

A new memecoin inspired by viral X influencer NFTNick, known as 'I CHOOSE RICH EVERYTIME!', surged 1,136% in three days, overshadowing Dogecoin and Shiba Inu. The coin, leveraging NFTNick's 'choose rich' catchphrase, reached a peak market cap of $80 million. Despite NFTNick's popularity, his wealth flaunting has faced backlash, with community notes debunking some of his claims. The rise of NFTNick's memecoin reflects the ongoing trend of meme coins capitalizing on current events and personalities.

Portfolio Pulse from Khyathi Dalal

March 12, 2024 | 10:55 pm

HOOD

RDDT

Reddit Inc. is preparing for its IPO, with shares to be listed on the NYSE under the symbol RDDT, priced between $31.00 and $34.00 per share. Robinhood Markets Inc (NASDAQ:HOOD) will offer Reddit's IPO shares through its IPO Access list, allowing select users an exclusive opportunity to invest. The IPO is set for March 21, 2024, with 15,276,527 shares of Class A common stock being offered by Reddit and an additional 6,723,473 shares by selling stockholders. Discussions on Reddit's potential as a stable investment or a volatile meme stock are ongoing within the community.

Portfolio Pulse from Surbhi Jain

March 12, 2024 | 10:21 pm

JBSS

John B. Sanfilippo & Son (JBSS) has initiated a voluntary recall of a limited quantity of 8.25 oz Great Value Honey Roasted Cashews due to undeclared coconut and milk, with no adverse reactions reported so far.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 9:58 pm