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AAPL

Apple Inc. (NASDAQ:AAPL) has been in the news this week for a variety of reasons including product predictions, technological advancements, and strategic decisions. Key highlights include the anticipated iPhone 15 Pro Max with a periscope camera, exploration of a new display technology for iPhone 16, a significant discount on the 13-inch MacBook Air, changes in customer support strategy, and the retirement of the iTunes Movie Trailers platform.

Portfolio Pulse from Benzinga Neuro

September 03, 2023 | 2:00 pm

GOOG

MSFT

NVDA

This week in the AI sector, tech giants Meta Platforms Inc., Microsoft Corporation, and Alphabet Inc. have made significant moves. Meta has introduced a new privacy feature addressing 'Generative AI Data Subject Rights'. Microsoft is exploring wearable AI with a patent for a smart backpack. Google's DeepMind team has unveiled SynthID, a technology to watermark and identify AI-generated images. Inflection AI's CEO suggests imposing restrictions on the sale of Nvidia Corp chips to ensure ethical AI practices. Google Cloud is intensifying its AI offerings in collaboration with Nvidia.

Portfolio Pulse from Benzinga Neuro

September 03, 2023 | 1:01 pm

META

Meta (NASDAQ:META) is considering introducing paid, ad-free versions of Facebook and Instagram for European Union users. This move comes as privacy concerns escalate globally and could provide EU users with enhanced online privacy. The traditional, ad-supported versions of the apps will remain available. The decision follows stringent EU regulations on Meta and a $420 million fine by Irish officials for forcing users to accept personalized ads on Facebook. The subscription-based model could address some of these regulatory challenges.

Portfolio Pulse from Bibhu Pattnaik

September 02, 2023 | 6:07 pm

ALGM

CTLT

DELL

GSAT

TSLA

Barron's has highlighted several stocks in its weekend review. Globalstar Satellites (GSAT) is expected to perform well under the new leadership of former Qualcomm CEO, Paul Jacobs. Allegro MicroSystems (ALGM) is cautioned due to its high demand from automakers. Catalent (CTLT) has seen a boost after settling with Elliot Management and agreeing to a strategic review. Tesla's (TSLA) stock is tumbling as the market processes the implications of the new Model 3 on the company's sales growth and market share in China. Dell (DELL) is expected to benefit from the growth in artificial intelligence.

Portfolio Pulse from Justin Chan

September 02, 2023 | 4:34 pm

TSLA

UBER

In an interview with Benzinga CEO Jason Raznick, Ark Invest founder Cathie Wood discussed the future of Tesla's Full Self-Driving (FSD) program. She highlighted the role of AI in the development of FSD and noted that Tesla's safety metrics indicate that driving a Tesla with FSD is six times safer than the average car. Wood also compared Tesla to Cruise Automation, a driverless Uber competitor acquired by General Motors.

Portfolio Pulse from AJ Fabino

September 02, 2023 | 3:25 pm

FSR

GOEV

NIO

TSLA

VFS

XPEV

Tesla has cut prices of its Model 3, Model S, and Model X vehicles in the U.S. and Canada, triggering negative reactions from investors and analysts. The company also launched the Model 3 refresh in Asia and Europe. Fisker announced additional details of its affordable PEAR EV and expansion into three more European markets. Chinese EV companies Nio, XPeng, and Li Auto reported strong August sales. VinFast's shares plunged after a strong start. Canoo named a new CFO.

Portfolio Pulse from Shanthi Rexaline

September 02, 2023 | 2:02 pm

AMC

Taylor Swift's 'Eras Tour' film has generated $26 million in pre-sale tickets in just three hours, breaking previous records held by AMC Entertainment Holdings Inc (NYSE:AMC). The overwhelming response has led AMC to consider adding more screenings. The film is scheduled for theatrical release on October 13, 2024.

Portfolio Pulse from Bibhu Pattnaik

September 02, 2023 | 1:03 pm

TSLA

Tesla's upcoming Cybertruck has been shown in videos towing a trailer, debunking the notion that it is only a 'cool high-end product'. The videos have reassured Tesla fans that the Cybertruck can indeed function as a work truck. This comes after criticism from Ford CEO Jim Farley, who dismissed the Cybertruck as a product for Silicon Valley, not for 'real people who do real work'. Tesla CEO Elon Musk has confirmed that the Cybertruck delivery event is scheduled for later this year.

Portfolio Pulse from Anan Ashraf

September 02, 2023 | 12:38 pm

FFND

QQQ

TSLA

Tesla Inc.'s recent price cuts for Model S and X in the U.S. have been criticized by Future Fund Managing Partner Gary Black, who believes that such cuts are a 'short-term narcotic' that encourages customers to wait for further price reductions. Black, whose Future Fund Active ETF has Tesla as its second largest holding, suggests that the company should instead invest in advertising to educate potential buyers. The price cuts could cost Tesla $15,000 per car, amounting to a loss of over $1 billion annually. Tesla's stock price fell by 5.06% following the announcement.

Portfolio Pulse from Shanthi Rexaline

September 02, 2023 | 8:52 am

TSLA

The Palm Harbor fire department has issued a warning to electric vehicle owners to relocate their vehicles if they were in contact with saltwater, after a Tesla Inc. car caught fire in Dunedin, Florida. The warning comes after Hurricane Idalia brought vehicles in contact with saltwater, which can trigger combustion in lithium-ion batteries. Tesla recommends users to move their vehicle to a location not at risk or to higher ground if risks of submersion.

Portfolio Pulse from Anan Ashraf

September 02, 2023 | 8:39 am