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STT

State Street Corporation (NYSE:STT) has announced a collaboration with LoopFX through its FX Connect platform. LoopFX is creating a new liquidity venue for large spot FX trades by centralizing peer-to-peer matching with bank interest. This is LoopFX's first major integration to an FX trading platform.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 7:05 am

TSLA

Tesla Inc. (NASDAQ:TSLA) has changed its plans to manufacture its next-generation electric vehicles in Texas instead of Mexico. The decision was made due to the logistical impracticality of moving Tesla engineering to Mexico. The new plan involves building the next-generation cars and robotaxis in Austin, Texas first. These vehicles are crucial to Tesla's goal of manufacturing 20 million vehicles annually by 2030.

Portfolio Pulse from Benzinga Neuro

September 12, 2023 | 6:34 am

HPE

HPE Aruba Networking has enhanced its portfolio to better serve small and medium-sized businesses (SMBs) in their growing network and security demands. The move is aimed at empowering SMBs to meet the challenges of the digital era.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 6:29 am

AAPL

Apple Inc. is set to launch its iPhone 15 lineup with higher price tags. The entry-level iPhone 15 is expected to be priced at $799, the iPhone 15 Plus at $899, the iPhone 15 Pro at $1,099, and the iPhone 15 Pro Max at $1,299. There are rumors that the iPhone 15 Pro Max's price could rise even higher, nearing the $2,000 mark, due to a new top-tier two-terabyte storage option. The price increase could be justified by the offerings of the iPhone 15 Pro and Pro Max, including super slim bezels, Thunderbolt 4 USB-C ports, faster charging, and a titanium chassis.

Portfolio Pulse from Ananya Gairola

September 12, 2023 | 6:10 am

HCM

HUTCHMED has completed patient enrollment for its bridging study of Tazemetostat in patients with relapsed/refractory follicular lymphoma in China. The study aims to evaluate the safety and efficacy of the drug in this patient population.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 5:56 am

TSLA

Tesla CEO Elon Musk has responded to Microsoft co-founder Bill Gates' skepticism about Tesla's electric semi-trucks, suggesting it was unfounded. Gates had previously stated that 18-wheeler trucks were not suitable for electric propulsion, especially for long-haul vehicles. Musk countered by pointing out that the Tesla Semi was already in use across the country. Tesla unveiled the semi-truck in 2017 and made its first deliveries to PepsiCo in December last year. Gates is short on Tesla, and Musk declined Gates’ philanthropic proposals in 2022 due to this position.

Portfolio Pulse from Anan Ashraf

September 12, 2023 | 5:56 am

NVX

An engineering study has revealed that NOVONIX's proprietary all-dry, zero-waste cathode synthesis process could lead to significant cost savings. The company's innovative approach to cathode production could potentially disrupt the battery industry.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 5:46 am

TSLA

An upcoming biography of Elon Musk reveals that several Tesla Inc. engineers were not fond of the Cybertruck design, with some even secretly designing an alternative version. Despite internal resistance, Musk dismissed concerns and emphasized a drivable version of the vehicle for a Tesla event. The final version of the Cybertruck continues to be a topic of debate among those who have pre-ordered the vehicle.

Portfolio Pulse from Benzinga Neuro

September 12, 2023 | 4:17 am

VWAGY

Porsche, owned by Volkswagen AG (OTC:VWAGY), is recalling nearly 5,000 of its fully electric Taycan vehicles due to increased risks of fire. The recall follows the identification of an insufficient amount of sealant on the battery, which can lead to liquid accumulation and increase the risk of fire. This recall comes after Volkswagen also recalled certain 2023 Audi RS E-Tron GT and E-Tron GT vehicles citing the same concerns.

Portfolio Pulse from Anan Ashraf

September 12, 2023 | 4:09 am

AAPL

A new leak suggests that Apple Inc.'s upcoming iPhone 15 Pro models could feature an 8GB RAM update. However, the storage options are expected to remain unchanged, with the existing choices of 128GB, 256GB, 512GB, and 1TB. The specific Pro model that might receive the 8GB RAM upgrade remains uncertain.

Portfolio Pulse from Ananya Gairola

September 12, 2023 | 3:30 am