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TSLA

Tesla Inc. has unveiled a new home charging solution for non-Tesla EVs in North America, the Tesla Universal Wall Connector. The product is inspired by Tesla’s Magic Dock and is designed for home and commercial level 2 charging. It can transform into an integrated J1772 adapter and has features like 44 miles of range added per hour at 11.5 kW/48-amp output, Wi-Fi connectivity, and power-sharing with up to six Wall Connectors. The product is priced at $595 and deliveries are set to commence in October.

Portfolio Pulse from Benzinga Neuro

August 16, 2023 | 5:01 am

META

Elon Musk's X has transitioned TweetDeck, a web application, to a paid service, ending its free availability. The move has been met with mixed reactions, with some users comparing it to Meta Platforms Inc.'s free offerings. The change could potentially drive users towards Meta's Threads, a similar platform.

Portfolio Pulse from Ananya Gairola

August 16, 2023 | 4:49 am

AAL

GOOG

Ark Investment Management analyst, Sam Korus, sees potential in AI reducing the aviation industry's environmental impact. He cited the example of American Airlines' 70 test flights using a Google-developed AI algorithm, which reduced condensation trails by 54%. Google's algorithm creates forecast maps for contrail formation locations, enabling pilots to avoid them. However, rerouting to avoid contrails resulted in a 2% increase in fuel consumption.

Portfolio Pulse from Anan Ashraf

August 16, 2023 | 3:48 am

QCOM

TWTR

Elon Musk's strategy to increase profitability for X Premium, previously known as Twitter, through cash offers to creators has seen minimal success, with less than 100,000 new subscribers joining from July 1 to August 10. Despite the platform's features and Musk's rebranding efforts, growth has been sluggish. The platform is a crucial source of ongoing income for Musk, especially after his acquisition of Twitter for $44 billion in 2022.

Portfolio Pulse from Benzinga Neuro

August 16, 2023 | 3:34 am

RIVN

Rivian Automotive's (NASDAQ:RIVN) R1S has become the first production EV to successfully complete the Rubicon trail in the Sierra Nevada. The test and development team at Rivian added only a set of steel rock sliders, front tow hitch receivers and a roof rack to the vehicle for the trial. The EV truck emerged from the trail with no major injuries, failures or tire changes but a few bumps and scrapes.

Portfolio Pulse from Anan Ashraf

August 16, 2023 | 3:17 am

TSLA

Tesla Inc. is preparing to launch its Full Self-Driving (FSD) Beta in China, despite potential regulatory challenges. The company is hiring a new team to manage the rollout, including an operations team and data labelers. The FSD package, priced at $15,000, has been on sale for nearly a decade but has not yet fully delivered autonomous driving. The launch in China, Tesla's largest market outside North America, is not expected until next year due to regulatory hurdles.

Portfolio Pulse from Benzinga Neuro

August 16, 2023 | 2:53 am

HE

NU

TGT

TSLA

VFS

Shares of Target, Nu Holdings, Hawaiian Electric, VinFast, and Tesla drew investor attention amid a challenging day for the stock market. Target is preparing to report its Q2 earnings, while Nu Holdings highlighted a 5x revenue growth in its Q2 2023 financial results. Hawaiian Electric faced scrutiny over fire risks and potential impacts on its credit quality. VinFast surged after completing its SPAC merger, and Tesla introduced two new 'standard range' versions of its Model S and X vehicles.

Portfolio Pulse from Benzinga Neuro

August 16, 2023 | 2:05 am

FFNTF

4Front Ventures Corp. reported its Q2 2023 financial results, revealing a 1.15% YoY increase in Systemwide Pro Forma revenue to $35.2 million. The company also reported GAAP revenue of $30.7 million, up 8% from Q2 2022, and adjusted EBITDA of $2.0 million. 4Front expanded its presence in Illinois, acquired a third dispensary license, and introduced new products in Massachusetts. However, the company's shares closed 10.42% lower at $0.0851 per share.

Portfolio Pulse from Joana Scopel

August 15, 2023 | 10:15 pm

BNBUSD

Sei Labs has launched its Sei Mainnet beta phase, a Layer 1 platform optimized for trading digital assets. The platform aims to facilitate the mass adoption of digital assets across various platforms, including gaming economies, NFT marketplaces, and decentralized exchanges. The blockchain's inherent token, SEI, was launched on trading platforms Binance, Kraken, and Huobi.

Portfolio Pulse from Murtuza Merchant

August 15, 2023 | 8:43 pm

SQNX

Naoki Yoshida, the producer of Square Enix's Final Fantasy 16, expressed his wish for a single gaming console platform, stating it would be better for both developers and players. Final Fantasy 16, a PlayStation 5 exclusive, sold 3 million digital copies during its launch week. However, the game was banned in Saudi Arabia due to the publisher's unwillingness to make necessary modifications.

Portfolio Pulse from Franca Quarneti

August 15, 2023 | 8:25 pm