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TSLA

Tesla has announced its Q2 production and delivery numbers. The company produced 460,211 Model 3/Y units and delivered 446,915 of them. Additionally, it produced 19,489 Model S/X units and delivered 19,225 of them.

Portfolio Pulse from Charles Gross

July 02, 2023 | 4:28 pm

TSLA

Tesla has announced that it produced nearly 480,000 vehicles and delivered over 466,000 vehicles in Q2.

Portfolio Pulse from Charles Gross

July 02, 2023 | 4:26 pm

TSLA

Tesla, Inc. (NASDAQ:TSLA) reported record Q2 deliveries of 466,140 units, exceeding estimates. The company produced 479,700 cars in the quarter, up 8.8% QoQ and 85.5% YoY. Tesla's Model 3 and Y cars dominated the deliveries numbers. The company is transitioning towards a more even regional mix of vehicle builds. Tesla announced price cuts in early 2023, impacting the company’s margin in Q1. The next major catalyst is its Q2 results, due on July 19. Tesla ended Friday’s session at $261.77, up 1.66%.

Portfolio Pulse from Shanthi Rexaline

July 02, 2023 | 4:25 pm

UAL

United Airlines Holdings Inc (NASDAQ:UAL) has compensated passengers affected by weeklong delays and cancellations with 30,000 frequent flyer miles. The disruptions were caused by storms that led to the cancellation of approximately 7,900 flights and over 42,000 late arrivals. United Airlines CEO, Scott Kirby, has expressed concerns about the frequent gridlock at the airline's Newark, New Jersey hub and emphasized the need for additional gates to manage the situation effectively.

Portfolio Pulse from Bibhu Pattnaik

July 02, 2023 | 4:08 pm

DOTUSD

VOD

The fourth edition of Polkadot Decoded, a key event in the blockchain ecosystem, concluded with significant discussions and partnerships. The event focused on the concept of 'blockspace,' a resource vital for supporting projects at different growth stages. Notable partnerships included Vodafone and Aventus, with SIM cards linked to the Aventus parachain expected to save the aviation industry up to $400 million annually. OpenZeppelin, a major blockchain security company, plans to facilitate blockspace access, and Mythical Games announced their migration to the Polkadot ecosystem.

Portfolio Pulse from Jose Rodrigo Safdiye

July 02, 2023 | 1:12 am

AAPL

Apple Inc (NASDAQ:AAPL) has announced that it will permanently discontinue the 'My Photo Stream' album starting this month. The feature, which automatically stores photos captured within the past 30 days, will no longer be available. The company has emphasized that iCloud represents its optimal solution for securely storing and consolidating all photos and videos across multiple devices.

Portfolio Pulse from Bibhu Pattnaik

July 01, 2023 | 5:59 pm

GOOG

MSFT

OpenAI's AI-powered bot, ChatGPT, recently officiated a wedding in Colorado, demonstrating a new use case for the technology. The bot was able to perform the ceremony as the state does not require a licensed marriage official. However, the use of AI in such contexts has raised concerns, particularly around the potential for 'hallucinations', where AI models produce fabricated information. This issue has been noted in AI models such as OpenAI's ChatGPT, Microsoft's Bing AI, and Alphabet's Google Bard.

Portfolio Pulse from Ananya Gairola

July 01, 2023 | 12:56 pm

GOOG

GOOGL

YouTube personality MrBeast, real name Jimmy Donaldson, has claimed he can create a new YouTube channel without using his face or voice and amass 20 million subscribers in six months. Another YouTuber, Armaani, has expressed skepticism and challenged MrBeast, pledging to donate $20,000 to charity and work for the new channel for a year for free if MrBeast can achieve this without anyone knowing. YouTube is owned by Alphabet Inc.

Portfolio Pulse from Ananya Gairola

July 01, 2023 | 12:37 pm

AAPL

Apple Inc. (NASDAQ:AAPL) has been in the headlines with a series of events including innovative promotional tactics, life-saving technology, new product rumors, and a stance on encrypted messaging. The company also made changes to its iCloud storage pricing. Apple shared the debut episode of the series “Silo” on Twitter, impressing Elon Musk and MrBeast. An Ontario man credited the Apple Watch for saving his life. Apple is reportedly set to launch a refreshed version of the Apple Watch Ultra and other hardware this September. The company opposed the Online Safety Bill in the UK Parliament, defending the need for encrypted messaging. Apple increased iCloud storage prices across all three storage tiers in the UK and several other countries.

Portfolio Pulse from Benzinga Newsbot

July 01, 2023 | 11:11 am

TSLA

Tesla Inc. has announced a price reduction of over 4.5% for its Model S and Model X cars in China. This follows the company's decision last month to offer cash subsidies to some buyers of its Model 3 vehicles. The price cuts and the cash subsidy for its more popular models in China underscore Tesla's commitment to enhancing sales in the world's largest and most competitive electric vehicle market.

Portfolio Pulse from Benzinga Newsbot

July 01, 2023 | 7:15 am