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VALN

Valneva has announced an extension for the Prescription Drug User Fee Act date for its Chikungunya virus vaccine candidate. This could potentially delay the vaccine's approval and market entry.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 5:40 am

FFIE

Faraday Future Intelligent Electric (NASDAQ:FFIE) is preparing to deliver its first FF 91 2.0 Futurist Alliance. The company has completed all necessary processes prior to vehicle delivery. The first user to take delivery of the vehicle is from Private Collection Motors. The FF 91 2.0 Futurist Alliance was launched in May and is priced at $309,000. Deliveries were initially expected to start by the end of the second quarter but were delayed to August due to supplier’s timing constraints and additional safety testing.

Portfolio Pulse from Anan Ashraf

August 14, 2023 | 4:57 am

AAPL

Ahead of the iPhone 15 release, Apple Inc. (NASDAQ:AAPL) iPhone 14 and 14 Pro users are reporting unexpected battery degradation, reminiscent of the 2017 'batterygate' controversy. Users have taken to social media to express concerns over rapidly diminishing battery capacities within a year of purchase. Tech experts suggest that the issue could be linked to glitchy software that demands more frequent charging. Apple's official guideline states that iPhone batteries should retain up to 80% of their original capacity after 500 complete charge cycles. The upcoming iPhone 15 series is expected to come with larger battery sizes.

Portfolio Pulse from Ananya Gairola

August 14, 2023 | 3:55 am

TSLA

Tesla Inc (NASDAQ:TSLA) has reduced prices for some Model Y versions in China by approximately $1,934. The company also announced a limited-time insurance subsidy for inventory Model 3 rear-wheel drive vehicles. This follows CEO Elon Musk's warning last month that the company may further cut prices on its vehicles.

Portfolio Pulse from Anan Ashraf

August 14, 2023 | 2:29 am

TSLA

Drone footage has revealed nine vehicles, similar to Tesla's Cybertrucks, parked outside the Texas Gigafactory, suggesting a possible production batch test run. This, along with sightings of Cybertrucks in New Zealand and California, indicates that Tesla may have ramped up its production. The company is expected to unveil a limited number of Cybertrucks at a delivery event in late September, with initial deliveries likely to be exclusive to employees and company insiders.

Portfolio Pulse from Benzinga Neuro

August 14, 2023 | 2:20 am

AAPL

Leaked information about the upcoming iPhone SE 4 from Apple Inc (NASDAQ:AAPL) suggests significant changes. The new model is expected to incorporate Face ID, replacing the Touch ID feature. It will also introduce USB-C technology, replacing the conventional Lightning port, and an Action Button, expected to replace the mute switch. The design is rumored to be based on the iPhone 14, and the device will have just one rear camera. These changes represent a departure from Apple's traditional approach of enhancing classic designs with cutting-edge processors while keeping affordability in mind.

Portfolio Pulse from Bibhu Pattnaik

August 13, 2023 | 7:44 pm

AAPL

Apple Inc. is planning a significant upgrade for the tenth-anniversary edition of its smartwatch, potentially including features such as blood pressure monitoring and a microLED display. This follows a minor upgrade for the 2023 models due in September. The company is also considering a new magnetic band attachment system and a thinner watch case. The new model, potentially named 'Watch X', could be released in 2024 or 2025.

Portfolio Pulse from Shanthi Rexaline

August 13, 2023 | 6:50 pm

AAPL

Apple Inc. is preparing for its September event, with the anticipated launch of the iPhone 15, featuring significant upgrades such as thinner bezels, a titanium body, a USB Type-C port, a periscope camera, and a programmable Action Button. The company's AirTag has proven its utility by helping locate a lost bag at Chicago's O'Hare airport. Rumors suggest the upcoming Apple Watch Series 9 might reintroduce the Modern Buckle band from 2015. The latest iOS 17 beta update has relocated the “End Call” button, among other tweaks.

Portfolio Pulse from Benzinga Neuro

August 13, 2023 | 2:02 pm

DOGEUSD

PYPL

SHIBUSD

The cryptocurrency market saw significant activity this week, with predictions, launches, and transfers. Crypto analyst Kaleo predicts a potential breakout for Dogecoin (DOGE), with gains exceeding 200%. Analyst Ali Martinez noted a positive correlation between Dogecoin and Shiba Inu (SHIB). PayPal Holdings Inc. (PYPL) unveiled a new U.S. dollar-denominated stablecoin, PayPal USD (PYUSD). Veteran trader Peter Brandt predicted that 99.8% of altcoins will meet a fate similar to the HEX coin. An unidentified wallet transferred 67.81 million Dogecoin to Coinbase.

Portfolio Pulse from Benzinga Neuro

August 13, 2023 | 12:08 pm

AMZN

BRK

MSFT

NVDA

This week in AI saw significant investments and strategic moves by major companies. Morgan Stanley highlighted AI as a pivotal investment trend for the next decade. Neuralink, backed by Elon Musk, secured $280 million in funding for its brain chip trials. A study from Lucidworks revealed a surge in generative AI spending, with companies like Microsoft leading the charge. Nvidia is indirectly challenging cloud giants like Microsoft and Amazon by supplying AI accelerators to CoreWeave. Warren Buffett has directed a significant portion of Berkshire Hathaway’s portfolio towards AI investments.

Portfolio Pulse from Benzinga Neuro

August 13, 2023 | 1:01 am