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GOOG

GOOGL

Alphabet Inc.'s Google is reportedly planning a significant price increase for its upcoming Pixel 8 smartphones, according to a leak. The base variant of the Pixel 8 Pro could see a price hike of up to €200. The standard Pixel 8's price could be increased by €150. It is unclear if a similar price increase will be implemented for the Pixel 8 series in the US.

Portfolio Pulse from Rounak Jain

September 07, 2023 | 7:49 am

RIVN

Rivian Automotive Inc (NASDAQ:RIVN) is reportedly considering a relaunch of its powered tonneau cover after discontinuing it for an upgrade. The R1T model is designed to be compatible with both Rivian’s powered and manual tonneau covers. The powered tonneau cover is expected to become available in early 2024. Rivian initially introduced the powered tonneau cover, but ceased production in October 2022 after encountering issues. The company plans to reintroduce this feature, but a date has not been set.

Portfolio Pulse from Anan Ashraf

September 07, 2023 | 6:44 am

PFE

VALN

Valneva and Pfizer have released Phase 2 booster findings for their Lyme disease vaccine candidate in pediatric and adolescent populations. The results show promising efficacy and safety profiles.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 6:39 am

F

TSLA

Tesla, Inc. (NASDAQ:TSLA) is nearing the commercial launch of its Cybertruck. Tesla investor and Future Fund Managing Partner Gary Black predicts three variants of the Cybertruck with prices ranging from $49,900 to $79,900. Black believes the Cybertruck will boost Tesla's volume growth, similar to the impact of the Model Y launch in 2020. He also mentioned that Ford Motor Co's (NYSE:F) F-150 Lightning lineup starts at $49,995, and its top-tier F-150 Lightning Platinum starts at $91,995.

Portfolio Pulse from Shanthi Rexaline

September 07, 2023 | 5:54 am

MDTKF

TSM

MediaTek has successfully developed its first chip using Taiwan Semiconductor Manufacturing Company's (TSMC) advanced 3nm technology. The company plans to start mass production of the chip in 2024.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 5:29 am

TSLA

Tesla Inc has revised its referral program, making it less rewarding for Model S/X buyers and referrers. The new terms offer a discount of $500 instead of $1000 for a new vehicle purchase with a referral, and referrers will now receive 10,000 credits instead of 20,000. The changes bring the referral benefits for the Model S and X in line with those for the Model 3 and Y. The credits can be used to purchase Tesla referral awards within the Tesla app, but cannot be redeemed for cash.

Portfolio Pulse from Anan Ashraf

September 07, 2023 | 5:11 am

NVDA

TSLA

Tesla CEO Elon Musk has reiterated the difficulty of managing data from its fleet of vehicles, stating that the company uses less than 1% of all videos for training its full self-driving (FSD) software. Tesla has access to about 160 billion frames of video from its cars every day. The company will use both NVIDIA and its own custom-built Dojo supercomputer to process the large amount of data from Tesla’s growing fleet of vehicles and train its FSD software.

Portfolio Pulse from Anan Ashraf

September 07, 2023 | 4:52 am

KIMTF

TSLA

Kia has showcased its latest electric SUV, the EV5, which is expected to compete with Tesla's Model Y. The EV5, targeting a starting price of approximately $22,000, will be launched in China on Nov. 17, with exports to other markets to follow. Kia aims for 1.6 million EV sales globally by the end of the decade.

Portfolio Pulse from Benzinga Neuro

September 07, 2023 | 4:36 am

AAPL

GOOG

YouTube TV, owned by Alphabet Inc., is set to launch its NFL 'Sunday Ticket' streaming service this weekend. The service, which was previously hosted by DirecTV, is part of a seven-year contract worth over $2 billion per season. The package will be available as an add-on on YouTube TV or separately on YouTube Primetime Channels. Last year, YouTube outbid several companies, including Apple Inc., for the rights to NFL Sunday Ticket.

Portfolio Pulse from Benzinga Neuro

September 07, 2023 | 4:16 am

MSFT

OpenAI, backed by Microsoft Corporation (NASDAQ:MSFT), is preparing for its first developer conference, OpenAI DevDay, on November 6. CEO Sam Altman has clarified that there will be no major AI model releases like GPT-5 or 4.5 at the event. The conference will feature updates on Global Illumination, an AI design studio acquired by OpenAI, and possibly on the availability of GPT-4's image understanding capabilities. OpenAI, which currently generates over $80 million in monthly revenue, aims to generate more than $1 billion in revenue by selling AI software and computing capacity within the next year.

Portfolio Pulse from Ananya Gairola

September 07, 2023 | 3:39 am