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WULF

TeraWulf Inc. (NASDAQ:WULF) has released its unaudited monthly production and operations update for August 2023. The company mined 330 bitcoins in August, bringing the total to 2,101 BTC mined year to date. The average production rate was 11 bitcoins per day, with a power cost averaging $10.3k per bitcoin produced. The company is expanding its Lake Mariner facility, with completion targeted for year-end 2023.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 3:40 pm

META

Meta Platforms Inc. faces regulatory challenges in India, where it removed over 15.8 million pieces of content on Facebook and 5.9 million on Instagram in July. The company is also considering a paid version of its platforms in Europe in response to privacy legislation. Additionally, Meta will discontinue the Facebook News tab in the U.K., France, and Germany starting in early December.

Portfolio Pulse from Mohit Manghnani

September 05, 2023 | 3:35 pm

GDC

VFS

VinFast Auto shares are trading lower due to volatility after its recent Nasdaq debut. Meanwhile, GD Culture Group shares surged nearly 31% following the launch of an interactive live-streaming game on TikTok by AI Catalysis.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 3:24 pm

GDC

GD Culture Group has announced the launch of an interactive live streaming game on TikTok through AI Catalysis. This news has led to an increase in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 3:18 pm

005930.KS

TSLA

Samsung Electro-Mechanics Co. has reportedly signed a camera supply contract with a prominent US electric vehicle maker, speculated to be Tesla. The scale of the deal is yet to be finalized. The cameras, ultra-high-definition units with over 5 million pixels, are expected to be supplied for several of Tesla’s vehicles. This is Samsung's second major win this year, following a contract to supply chips for Tesla’s next-generation Hardware 5.0 computer.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 3:07 pm

EWU

NVO

Britain's National Health Service (NHS) has announced that Novo Nordisk's obesity drug, Wegovy, is now available within the NHS system.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 2:46 pm

AMZN

VOD

Vodafone Group Plc (NASDAQ:VOD) has signed a deal with Amazon.com, Inc.'s (NASDAQ:AMZN) Project Kuiper to extend 4G/5G services to more customers in Europe and Africa. The satellite network will connect geographically dispersed cellular antennas back to the companies' core telecom networks. Amazon plans to test two prototype satellites in the coming months before deploying production satellites in 2024.

Portfolio Pulse from Nabaparna Bhattacharya

September 05, 2023 | 2:44 pm

AMC

AMC Entertainment Holdings Inc's shares are trading lower by 2.52% to $12.77. The company recently announced the premiere of the TAYLOR SWIFT | THE ERAS TOUR concert movie in October. AMC Theatres will showcase the concert film starting October 13 with a minimum of four daily showtimes on Thursdays through Sundays. The company has expanded its ticket server capacity to accommodate high ticket demand. AMC shares are otherwise lower by 80% over the trailing year. The company commenced trading under a 10-to-1 reverse split arrangement last Thursday and its AMC Preferred Equity Units underwent conversion into common stock on Friday.

Portfolio Pulse from Henry Khederian

September 05, 2023 | 2:36 pm

INSM

Insmed has released positive topline results from its Phase 3 ARISE study of ARIKAYCE for nontuberculous mycobacterial lung infection. This news has led to a rise in the company's stock.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 2:26 pm

AMD

BIDU

GOOG

GOOGL

NVDA

China's $40 billion state fund aims to boost the domestic chip industry, challenging US companies like Nvidia and AMD. The fund is a response to the US semiconductor embargo that barred China from acquiring Nvidia and AMD's AI chips. Meanwhile, Huawei and SMIC have built an advanced 7-nanometer processor, and Baidu has announced over ten new AI-based applications. US chipmakers warn of potential damage from the embargo.

Portfolio Pulse from Anusuya Lahiri

September 05, 2023 | 2:13 pm