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Apple Inc. faced a mixed week with record iPhone 15 sales but criticism over its EU App Store proposal from tech leaders like Meta's Zuckerberg and Microsoft. Elon Musk expressed skepticism about Apple's Vision Pro, while Qualcomm extended deals with Apple and Samsung. A survey indicated a decline in iPhone 15 Pro satisfaction despite high overall sales.

Portfolio Pulse from Benzinga Neuro

February 03, 2024 | 2:00 pm

AMD

AMZN

META

TSLA

Benzinga's analysis highlights a strong week for the S&P 500, Nasdaq, and Dow, driven by tech earnings and job growth. Meta Platforms and AMD received bullish outlooks due to Q4 earnings and AI potential, respectively. Dogecoin is predicted to rise. Tesla faces uncertainty after a court ruling against Musk's pay plan, while Amazon's failed iRobot deal and tech market concentration concerns suggest caution.

Portfolio Pulse from Michael Cohen

February 03, 2024 | 1:42 pm

ARVL

F

GOEV

KARS

LCID

TSLA

This week in the EV sector, Tesla faced a court verdict invalidating Elon Musk's compensation plan and recalled 2.2 million vehicles. Ford reported a decline in EV sales, while Lucid's stock surged 25% on positive news. Canoo expanded its fleet with Zeeba, and Arrival was delisted from Nasdaq. The KraneShares EV ETF saw a weekly decline.

Portfolio Pulse from Shanthi Rexaline

February 03, 2024 | 1:40 pm

AAPL

AMD

MSFT

NVDA

SSNLF

TSLA

This week in AI featured Tesla's plan to buy chips from AMD and Nvidia to boost AI capabilities, Microsoft's CEO Nadella's concerns over AI-generated deepfakes, Elon Musk's tweet increasing OPTI token value, Apple's CEO highlighting AI's role in its future, and Samsung's Galaxy S24 AI features requiring internet. These developments underscore the growing influence of AI across various sectors.

Portfolio Pulse from Benzinga Neuro

February 03, 2024 | 1:37 pm

AAPL

META

MSFT

Wedbush's Dan Ives is optimistic about Apple's AI efforts, comparing the company's potential growth cycle to Meta's 18 months ago. Apple's CEO Tim Cook highlighted AI's importance in the December quarter earnings call, marking a strategic focus on AI alongside iPhone as primary growth drivers. Despite challenges in China, Apple is expected to see growth in iPhone sales in the second half of the year. Apple's AI advancements, including a breakthrough in running large-language models on devices with limited memory, position it to leverage its 2.2 billion device installed base.

Portfolio Pulse from Rounak Jain

February 03, 2024 | 9:02 am

TSLA

Tesla Inc (NASDAQ:TSLA) has reportedly achieved a new production milestone at its Giga Berlin factory, with indications that 6000 Model Y vehicles were produced in a single week. This achievement was hinted at through social media posts by Tesla employees, showcasing t-shirts with '6k' printed on them. This comes after the factory reached a weekly production capacity of 5,000 vehicles in March and Tesla recently reduced the prices of the Model Y in Germany.

Portfolio Pulse from Anan Ashraf

February 03, 2024 | 7:35 am

BTCUSD

ETHUSD

Crypto analyst Michaël van de Poppe predicts a 72% bull run for Ethereum (ETH) in the next 3-6 months, driven by the Dencun upgrade, Ethereum Spot ETF hype, and Bitcoin rotation. Bloomberg Intelligence suggests a 60% chance of Ethereum ETFs launching in 2024, which could significantly boost ETH's value. Ethereum's integration with AI could also influence its price positively.

Portfolio Pulse from Rounak Jain

February 03, 2024 | 6:40 am

TSLA

Popular tech YouTuber Marques Brownlee reviewed Tesla Inc's refreshed Model 3, praising its comfort, luxury, and performance, calling it Tesla's 'most important car'. The upgraded Model 3, starting at $38,990, retains the essence of the previous model with significant improvements in features and driving experience. Tesla released the upgraded Model 3 in the U.S. in January, with the design first introduced in China in late August. The vehicle comes in two variants, with a future Performance variant announced.

Portfolio Pulse from Anan Ashraf

February 03, 2024 | 6:15 am

BMWYY

POAHF

RIVN

TSLA

Rivian Automotive Inc (NASDAQ:RIVN) surpassed Tesla Inc (NASDAQ:TSLA), BMW (OTC:BMWYY), and Porsche (OTC:POAHF) in a Consumer Reports survey on customer satisfaction. Rivian ranked first with 86% of owners willing to repurchase, while Tesla fell to fifth with 74%. Rivian's high scores in driving dynamics, comfort, and ownership costs contributed to its top ranking. The company is also developing the R2 platform, a more affordable electric vehicle, with production starting in 2026.

Portfolio Pulse from Anan Ashraf

February 03, 2024 | 4:53 am

F

Ford Motor Co (NYSE:F) reported an 11% drop in U.S. electric vehicle sales in January, primarily due to decreased demand for its Mustang Mach-E electric SUV, which saw a 51% sales decline. Despite this, Ford's overall vehicle sales increased by 4.3%, with significant gains in hybrids (42.7%) and combustion engine vehicles (2.6%). The Mach-E's reduced appeal is attributed to losing eligibility for a federal EV tax credit, unlike its competitor, Tesla's Model Y. Ford remains America's best-selling brand, with the F-Series as its top-selling truck.

Portfolio Pulse from Anan Ashraf

February 03, 2024 | 3:54 am