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TSLA

Tesla Inc's executive Rohan Patel announced the company is considering offering subscriptions for Full Self-Driving (FSD) software and premium connectivity in Canada, responding to customer requests. Currently, Canadian Tesla owners can only purchase FSD with a one-time payment, unlike in the U.S. where it's available on a subscription basis. The company is also showcasing its lineup, including the Cybertruck, at the Canadian auto show in Toronto, experiencing high visitor interest.

Portfolio Pulse from Anan Ashraf

February 20, 2024 | 4:24 am

BTCUSD

Edward Snowden, in a tweet, humorously suggested that if he ever claims to be Bitcoin creator Satoshi Nakamoto, it could be a joke, a sign of mental decline, or a duress code. He reiterated his support for Bitcoin, highlighting its significant market growth and recent peak price of $52,000. Snowden's comments come amid Bitcoin's 23% increase in value since the start of 2024 and the optimism surrounding spot Exchange-Traded Funds (ETFs).

Portfolio Pulse from Mehab Qureshi

February 20, 2024 | 3:54 am

TSLA

Morgan Stanley analyst Adam Jonas conducted an investor survey revealing a negative sentiment towards Tesla Inc (TSLA) stock, with 84 investors expecting it to underperform compared to the S&P through year-end. Despite this, Jonas maintains an overweight rating on Tesla with a $345 price target, viewing the company as an amalgamation of energy, AI, and robotics. Tesla's CEO Elon Musk emphasizes the company's focus on AI and robotics, aiming to change its perception from merely an EV manufacturer.

Portfolio Pulse from Anan Ashraf

February 20, 2024 | 3:27 am

TSLA

Elon Musk, CEO of Tesla, Inc. (NASDAQ:TSLA), responded to a Tesla influencer's post on X, stating that achieving a 10-fold increase in Tesla's output is 'doable' but would require 'an immense amount of work'. This comes as Tesla faces challenges in increasing sales due to economic conditions and competition, despite selling 1.809 million EVs in 2023, a 37.7% increase year-over-year. The company's efforts to boost demand through price cuts have impacted its profitability and margins. Tesla's future growth may rely on the production of an affordable EV, referred to as Model 2, with production expected to start in the second half of 2025.

Portfolio Pulse from Shanthi Rexaline

February 19, 2024 | 7:56 pm

SHIBUSD

'Dogecoin killer' Shiba Inu (SHIB) sees a surge in daily transactions to 2.4M and is close to increasing its value significantly. The SHIB ecosystem is expanding with new NFT projects like Sheboshis, a metaverse project, a play-to-earn game, a decentralized exchange, and an L2 blockchain. A strategy to burn 10% of proceeds from the new NFT project aims to enhance ecosystem value. Daily transactions and active accounts have increased, with SHIB's price up 8% over the past month.

Portfolio Pulse from Khyathi Dalal

February 19, 2024 | 7:42 pm

TSLA

Tesla Inc (NASDAQ:TSLA) hosted a 'safety research day' focusing on its vehicle safety advancements, including autopilot technology. The event, led by VP of Vehicle Engineering Lars Moravy, included leaders from government, academia, and NGOs. Tesla aims to share its safety findings with regulators and researchers for public benefit. This initiative follows recent media scrutiny over Tesla's full self-driving beta software related to a fatal accident. CEO Elon Musk defended the software, suggesting the accident might have been avoided if FSD had been engaged.

Portfolio Pulse from Anan Ashraf

February 19, 2024 | 6:20 pm

IGC

IGC Pharma Inc (AMEX:IGC) reported a Q3 2024 net loss of $5.59 million and a 38% decline in revenue, despite achieving significant patent milestones and a 40% increase in nine-month revenue. The company highlighted progress in AI integration and Phase 2 trials for IGC-AD1, a potential blockbuster Alzheimer's treatment.

Portfolio Pulse from Patricio Liddle

February 19, 2024 | 6:17 pm

ETHUSD

On Sunday, 4,728.74 Ether (ETH) worth approximately $13.9 million was burned, permanently removing it from circulation. This action is part of the Ethereum blockchain's EIP-1159 upgrade implemented on August 5, 2021, which introduced a variable base fee for transactions that is burned. The current issuance rate of new Ether is 4% annually, expected to decrease to 0.5-1% with the Ethereum 2.0 upgrade, potentially making ETH a deflationary currency. The net annualized issuance rate for Ether was -3.53% yesterday.

Portfolio Pulse from Benzinga Insights

February 19, 2024 | 6:00 pm

BHP

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MTSUY

TECK

Peru has approved a $2 billion expansion of the Antamina copper and zinc mine, owned by Glencore PLC, BHP Group Ltd, Teck Resources, and Mitsubishi Corporation. The project aims to extend the mine's life from 2028 to 2036, increasing its area by 25% and deepening the open pit. This expansion is crucial for Peru to maintain its position as a leading copper producer and for the global supply amid the transition to a low-carbon economy.

Portfolio Pulse from Stjepan Kalinic

February 19, 2024 | 5:05 pm

PFE

VGK

Pfizer Inc. received marketing authorization from the European Commission for VELSIPITY to treat patients 16+ with moderately to severely active ulcerative colitis in the EU, targeting those with inadequate response to prior treatments.

Portfolio Pulse from Charles Gross

February 19, 2024 | 4:03 pm