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TSM

Taiwan Semiconductor has announced that its Arizona N4 production will be delayed until 2025. The news comes despite the company's Q2 profit falling by 23%, which still managed to beat market expectations.

Portfolio Pulse from Charles Gross

July 20, 2023 | 8:50 am

EWG

TSLA

Tesla plans to double the production capacity of its assembly plant in Germany, according to a report by the NY Times. This move is part of Tesla's strategy to capitalize on the transition to electric vehicles.

Portfolio Pulse from Charles Gross

July 20, 2023 | 8:47 am

GOOG

GOOGL

Google, a subsidiary of Alphabet Inc, is testing an AI-powered tool called 'Genesis' that can generate news articles. The tool is being pitched to major news organizations including The New York Times, The Washington Post, and News Corp. While the tool could revolutionize news production, concerns about the role of human journalists and the credibility of AI-generated information have been raised.

Portfolio Pulse from Benzinga Neuro

July 20, 2023 | 8:08 am

TSLA

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk has indicated that the company may further cut prices on its vehicles depending on market stability. Musk noted that the affordability of anything bought with debt decreases as interest rates rise. Tesla has been cutting prices on its vehicles since January, starting a price war in the EV market. However, Tesla’s vehicle prices have been stable with no major price changes for the last two months.

Portfolio Pulse from Anan Ashraf

July 20, 2023 | 8:08 am

GOOG

GOOGL

Alphabet Inc.’s YouTube has silently raised its subscription price in the U.S. for new subscribers to $13.99 monthly, a $2 increase from the previous $11.99 fee. Those subscribing through the iOS YouTube app face a steeper monthly cost of $18.99. Current subscribers will likely be unaffected by the price adjustment for now. YouTube last raised the price of its premium subscription back in 2018.

Portfolio Pulse from Ananya Gairola

July 20, 2023 | 8:00 am

NFLX

Netflix Inc (NASDAQ:NFLX) plans to tackle password sharing in India by sending warning emails to customers, emphasizing that their accounts should be used only within one household. The company has already implemented password-sharing restrictions in over 100 countries. Netflix also offers an option for paying customers to add an extra member from outside their household for an additional monthly fee.

Portfolio Pulse from Shomik Sen Bhattacharjee

July 20, 2023 | 7:15 am

J

Jacobs has been selected by Ultra Safe Nuclear Corporation UK to support the development of a new nuclear reactor. The project aims to advance the deployment of micro modular reactors in the UK.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 7:04 am

TSLA

Tesla CEO Elon Musk announced that the first Optimus bot, integrated with Tesla-designed actuators, is expected to be operational by November. The actuators, which are lighter, tighter, and more capable, are designed for volume production. Musk also mentioned that these bots could be useful in Tesla factories by next year. The Optimus bot was initially designed to perform unsafe, repetitive, or boring tasks.

Portfolio Pulse from Anan Ashraf

July 20, 2023 | 6:09 am

AAPL

AMZN

Apple Inc. and Beats by Dre have released the Beats Studio Pro over-ear headphones, which could potentially outshine Apple's AirPods Max. The headphones are available for $349 at retailers like B&H and Amazon.com, Inc. The Beats Studio Pro features an over-ear configuration, leather ear cushions, metal sliders, and up to 40 hours of battery life. The launch has prompted calls for the second-generation AirPods Max to be superior to its predecessors.

Portfolio Pulse from Ananya Gairola

July 20, 2023 | 5:57 am

BPTS

Biophytis has requested a pre-submission meeting with the FDA for Emergency Use Authorization of Sarconeos (BIO101) for the treatment of COVID-19.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 5:48 am