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PLUG

Plug Power has been chosen to supply two 5 MW PEM electrolyzers for green hydrogen projects in Australia. This could potentially increase the company's revenue and market presence.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 4:52 am

GOEV

EV startup Canoo Inc (NASDAQ:GOEV) will provide specially designed electric crew transportation vehicles for NASA's Artemis missions to the Moon. The vehicles, which can transport four astronauts in spacesuits along with support personnel and specialized equipment, were delivered to NASA’s Kennedy Space Center in Florida. The vehicles will be used for astronaut training exercises at the spaceport prior to Artemis II, scheduled for November 2024.

Portfolio Pulse from Anan Ashraf

July 12, 2023 | 4:43 am

META

TSLA

Elon Musk, CEO of Tesla Inc. and owner of Twitter, will host a discussion about artificial intelligence with Rep. Ro Khanna and Rep. Mike Gallagher on Twitter Spaces. The conversation comes amidst an ongoing public feud between Musk and Mark Zuckerberg, CEO of Meta Platforms Inc. The public clashes between these tech industry leaders could have implications for their businesses and reputations.

Portfolio Pulse from Benzinga Newsbot

July 12, 2023 | 4:30 am

TSLA

Elon Musk, CEO of Tesla Inc, made a humorous comment about the camouflage wrap of the Cybertruck, stating it makes the vehicle 'practically invisible'. Musk expects to sell 250,000-500,000 Cybertrucks annually once production is fully ramped up. Gary Black, Co-founder and Managing Partner of Future Fund, and an analyst from Ark Investment Management believe the Cybertruck will significantly contribute to Tesla's growth.

Portfolio Pulse from Anan Ashraf

July 12, 2023 | 2:52 am

AMGN

LLY

NVO

PFE

The European Union’s drug regulator has expanded its investigation into the risk of suicidal thoughts and self-injury among patients taking weight loss and diabetes medications, including those produced by Novo Nordisk. The probe could potentially involve Eli Lilly‘s diabetes drug Mounjaro and similar products under development by Pfizer and Amgen. The investigation could potentially establish new side effects associated with blockbuster drugs such as Wegovy and Ozempic.

Portfolio Pulse from Benzinga Newsbot

July 12, 2023 | 2:33 am

GOOG

GOOGL

MSFT

Elon Musk has sparked a debate about the issue of hallucinations in chatGPT, an AI language model developed by OpenAI. Musk expressed skepticism about the accuracy of chatGPT's answers. OpenAI's chatGPT and Microsoft's Bing AI, which uses the same technology, have previously faced criticism. Google's chatbot, Google Bard, has also been criticized for providing incorrect information.

Portfolio Pulse from Ananya Gairola

July 12, 2023 | 1:54 am

CVS

CVS Caremark, a subsidiary of CVS Health, experienced system issues that caused delays in filling prescriptions. The system is now operational and the company is working through the backlog.

Portfolio Pulse from Charles Gross

July 11, 2023 | 9:28 pm

MSFT

KPMG and Microsoft have announced a significant expansion of their global relationship, which includes a multibillion-dollar commitment from KPMG in Microsoft's cloud and AI services over the next five years. The alliance aims to modernize the workforce, ensure safe and secure development, and use AI solutions for clients, industries, and society.

Portfolio Pulse from Charles Gross

July 11, 2023 | 9:02 pm

PTON

Peloton has introduced a new financing option for its customers in the United States through Citizens Pay. This is in addition to the existing financing option through Affirm. Unlike Affirm, which provides loans for specific purchases, Citizens Pay offers a revolving line of credit that can be used for multiple purchases. The financing terms range from 12 to 43 months, with an APR of 0% for the 12-month term or 4.99% for the longer terms. A hard credit check is required for Citizens Pay, which may impact the customer's credit score.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 8:41 pm

DIS

Disney+ Hotstar streaming service is projected to lose 8 to 10 million subscribers in the fiscal third quarter. This news comes as Disney explores strategic options for its India business.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 8:32 pm