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AAPL

Apple Inc. is planning a retail launch of its Vision Pro headset with appointments and in-store promotion in select US markets early next year. The company will designate special areas in the stores with seating, headset demo units and tools to size accessories for buyers. The device will be sold at all of Apple’s roughly 270 US locations, with initial focus on major areas such as New York and Los Angeles.

Portfolio Pulse from Happy Mohamed

July 07, 2023 | 2:10 pm

RIOT

Riot Platforms Inc (NASDAQ:RIOT) shares hit a new 52-week high, trading higher by 8.42% to $14.68 after the company announced June 2023 production and operations updates. The company's CEO highlighted the success of their mining operations, power strategy, and growth plans. Riot announced a substantial order of MicroBT miners for the Corsicana Facility, which will boost their self-mining fleet. The company mined 460 Bitcoin and earned $8.4 million in power sales and $1.6 million in demand response revenue.

Portfolio Pulse from Henry Khederian

July 07, 2023 | 2:08 pm

AAPL

Apple Inc. (NASDAQ:AAPL) is reportedly planning to launch a foldable MacBook in 2026. The company is in talks with display suppliers such as LG Display and Samsung Display for this project. This would not be the first foldable laptop in the market, as companies like Asus and Lenovo have already introduced their foldable laptops. Apple is also reportedly working on a foldable smartphone.

Portfolio Pulse from Rounak Jain

July 07, 2023 | 2:06 pm

TSLA

Tesla Inc (NASDAQ:TSLA) is preparing for the launch of its second-generation Roadster, the company's first-ever car. The original Roadster, which debuted in 2008, faced numerous production challenges, but marked the beginning of a four-year production run. The new Roadster is scheduled to enter production by the end of next year, with design and engineering work to be completed this year. The base model is estimated to start around $200,000, but this is subject to change. Tesla resumed taking reservations for the Roadster in June.

Portfolio Pulse from Anan Ashraf

July 07, 2023 | 2:03 pm

BABA

Alibaba Group Holding Limited (NYSE:BABA) shares rose over 5% after China ended its regulatory overhaul on Ant Group, an affiliate of Alibaba, by imposing a $984 million penalty. The fine, paid for violating consumer protection and corporate governance laws, will help Ant Group secure a financial holding company license and revive its listing plans. Alibaba also announced that its AI image generator Tongyi Wanxiang will be initially available to enterprise customers in beta form.

Portfolio Pulse from Anusuya Lahiri

July 07, 2023 | 1:50 pm

RIOT

Riot Blockchain, Inc. has announced its production and operations updates for June 2023, which has led to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 07, 2023 | 1:44 pm

IBM

Silent Signal, a technology provider, has discovered a critical vulnerability in IBM i System, identified as CVE-2023-30990. This vulnerability allows unauthorized attackers to access the server and infiltrate sensitive corporate assets. The affected versions are IBM i 7.2, IBM i 7.3, IBM i 7.4, and IBM i 7.5. IBM has issued a security bulletin with recommended actions for affected users.

Portfolio Pulse from Happy Mohamed

July 07, 2023 | 1:27 pm

TSLA

A video released by YouTube channel AI Addict, in collaboration with public safety advocacy group The Dawn Project, shows Tesla's Full-Self Driving (FSD) software failing to avoid obstacles such as children and dogs. The tests involved Tesla vehicles equipped with FSD versions 11.4.4 and 11.4.2, both of which resulted in collisions with a dummy resembling a child. The Dawn Project aims to ban Tesla's FSD software, claiming it malfunctions frequently in city streets. The video host, former Tesla ADAS test operator John Bernal, was fired by Tesla in March 2022 for reviewing the FSD software on his YouTube channel.

Portfolio Pulse from Anan Ashraf

July 07, 2023 | 1:06 pm

TSLA

Mercedes-Benz has announced that its drivers will gain access to over 12,000 Tesla Superchargers across North America starting from 2024.

Portfolio Pulse from Benzinga Newsdesk

July 07, 2023 | 1:04 pm

AAPL

MSFT

UBS

ChatGPT's website traffic and app downloads have seen a decline in June, with a 9.7% decrease in worldwide traffic and a steady fall in iPhone app downloads since its peak in June. The decline is attributed to concerns over false information, potential data leaks, high operational costs, end of the school year, and regulatory concerns. The bot, backed by Microsoft and tracked by UBS, has been popular for its complex conversational abilities.

Portfolio Pulse from Anusuya Lahiri

July 07, 2023 | 12:49 pm