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TSLA

Tesla Inc. (NASDAQ:TSLA) has reduced the monthly subscription fee for its Full Self-Driving (FSD) package in the U.S. from $199 to $99, a move that contrasts with CEO Elon Musk's previous statements that the FSD price would increase as it approached full self-driving capability. This price cut follows Tesla's announcement that its cars have driven one billion miles using FSD software, amidst controversies and accusations of deceptive marketing practices by the California DMV.

Portfolio Pulse from Ananya Gairola

April 13, 2024 | 5:46 am

INTC

Republican lawmakers criticized the Biden administration after Huawei unveiled a laptop with an Intel AI chip, despite Huawei being on a trade restriction list. The chip was supplied under a license from the Trump era, raising concerns about U.S. national security and technology export to China. The Biden administration has faced calls to take a tougher stance on Huawei and other Chinese tech firms.

Portfolio Pulse from Ananya Gairola

April 13, 2024 | 1:55 am

ARM

BKR

TSLA

Market volatility surged due to higher-than-expected inflation, spikes in oil and gold prices, and geopolitical tensions. The likelihood of a Federal Reserve rate cut in June has decreased significantly, while U.S. mortgage rates have risen. Consumer sentiment fell in April, and confidence in Tesla's CEO Elon Musk has declined. Ark Invest took a stake in OpenAI, and concerns about AI's future energy consumption were highlighted by Arm Holdings' CEO.

Portfolio Pulse from Piero Cingari

April 12, 2024 | 8:27 pm

RARE

Ultragenyx Pharmaceutical Inc. has rescheduled its conference call to discuss Phase 1/2 study results of GTX-102 for Angelman syndrome to April 15, 2024, at 8:00 a.m. ET. The call, which will present new clinical efficacy and safety data, coincides with the American Academy of Neurology Meeting. Presentation slides will be available on the company's website.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 8:23 pm

KULR

KULR Technology Group, Inc. (NYSE:KULR) reported a significant revenue increase of 146% in 2023, reaching $9,830,166 from $3,994,634 in 2022, attributed to success in energy storage, battery transportation, and recycling sectors. Despite the revenue growth, the company experienced a net loss increase to $23,693,556, or $0.20 per share, and a decrease in cash position to $1,194,764. The company expanded its customer base, secured major contracts with H55 Inc., Nanoracks, Lockheed Martin, and a leading U.S. automaker, and received special permits from the U.S. Department of Transportation for its SafeX product suite.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 8:18 pm

TSLA

Tesla has introduced a subscription model for its Full Self-Driving (FSD) capability, allowing owners with vehicles equipped with FSD computer 3.0 or above to subscribe to advanced driver assistance features. The subscription is available for vehicles with Basic Autopilot or Enhanced Autopilot, at a price of $99.00 per month. Hardware upgrades for the FSD computer are not included in the subscription.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 8:16 pm

TSLA

Tesla has reduced the monthly subscription cost of its Full Self-Driving (FSD) package to $99 from the previous $199. This move could potentially increase the adoption rate of FSD among Tesla owners, impacting Tesla's revenue from subscriptions.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 8:15 pm

AGX

ATI

ATLX

X

U.S. Steel and Nippon Steel are delaying their $14.1 billion deal due to political and regulatory challenges, with a potential extension into 2025. Atlas Lithium secures financing and supply agreements with key suppliers to major tech firms, aiming to accelerate production with a new plant in Brazil. ATI completes an expansion enhancing its specialty rolled products capabilities. Argan reports a 26% revenue increase in fiscal 2024, with optimistic outlooks despite some project losses.

Portfolio Pulse from austin@walkonholdings.com

April 12, 2024 | 8:14 pm

BTCUSD

Jonathan Wu, a venture capital investor, highlights the career benefits of switching to the crypto industry, citing less competition, faster career acceleration, and unique opportunities. His views sparked a debate on the risks and rewards of working in crypto, with several industry professionals sharing their success stories and emphasizing the sector's potential for growth and innovation.

Portfolio Pulse from Ivan Crnogatić

April 12, 2024 | 8:08 pm

AQST

Aquestive Therapeutics announced it will present data from a crossover study for Libervant Buccal Film at the 76th Annual Meeting of the American Academy of Neurology. This presentation could impact perceptions of the company's product pipeline and its potential market impact.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 8:02 pm