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RTX

Collins Aerospace, a division of RTX Corp, has partnered with easyJet to implement GlobalConnectSM connected aircraft services on over 330 Airbus aircraft. This initiative aims to enhance safety, pilot training, and operational efficiency, potentially reducing carbon emissions by 500 tonnes annually. RTX also recently formed a joint venture with Rafael Advanced Defense Systems for a new facility in Arkansas. RTX's stock showed a slight premarket decline.

Portfolio Pulse from Lekha Gupta

December 04, 2023 | 10:34 am

EWJ

NVDA

Nvidia CEO Jensen Huang met with Japan's PM Kishida and discussed the semiconductor industry in Japan. Huang mentioned that the industry will be capable of manufacturing GPUs and that demand is high. He also stated that he would prioritize Japan for AI processors.

Portfolio Pulse from Charles Gross

December 04, 2023 | 10:15 am

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PSHZF

TSLA

The weekend news featured significant developments in the tech and finance sectors. Elon Musk and Bill Gates were named as potential buyers for Trump's Mar-a-Lago, with a price tag of up to $1 billion. Galaxy Digital CEO Mike Novogratz expressed a bullish outlook on Bitcoin, anticipating a price surge due to various factors including a potential spot Bitcoin ETF approval. Bill Ackman revealed a $10M investment in Elon Musk's private company, X. A Swedish strike could impact Tesla's labor relations, and Tesla warned that the EV tax credit for two Model 3 versions will drop to $3,750 next year.

Portfolio Pulse from Benzinga Neuro

December 04, 2023 | 10:15 am

FFIE

The Abu Dhabi Investment Office announced a new agreement with California-based electric vehicle company Faraday Future during @COP28_UAE. Faraday Future will join the UAE capital's sustainable and advanced technology cluster, @saviabudhabi.

Portfolio Pulse from Charles Gross

December 04, 2023 | 10:07 am

GERN

Geron Corporation announced the publication of results from the IMerge Phase 3 trial of Imetelstat versus placebo in The Lancet. The trial focused on patients with lower-risk Myelodysplastic Syndromes who are relapsed/refractory or ineligible for erythropoiesis-stimulating agents.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 10:02 am

GH

Cancer Research UK, along with its innovation unit Cancer Research Horizons, has partnered with Guardant Health, Inc. (NASDAQ:GH) to share technologies, data, and insights. This collaboration aims to enhance the precision of cancer detection and treatment. The financial terms of the collaboration were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 10:02 am

GOOG

GOOGL

Google has postponed the launch of its next-gen AI model, Gemini, to early 2024 due to issues with non-English prompts. Gemini, which can process text and images, is expected to outperform OpenAI's GPT-4. The delay may affect Google's competitive stance in the AI market, where it has invested in startups like Anthropic.

Portfolio Pulse from Benzinga Neuro

December 04, 2023 | 9:59 am

TTWO

Rockstar Games, owned by Take Two Interactive (NASDAQ:TTWO), has announced the release date for the Grand Theft Auto 6 (GTA 6) trailer as December 5, 2023, to celebrate its 25th anniversary. The announcement follows a leak of the game's footage by an employee's child on TikTok. The trailer release is set just before The Game Awards event on December 7. GTA 6 is expected to launch between April 2024 and May 2025, with official development announced in September 2022.

Portfolio Pulse from Rounak Jain

December 04, 2023 | 9:55 am

HTZ

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TSLA

Europe's largest car rental company, Sixt SE, is reducing the number of Tesla Inc vehicles in its fleet due to higher repair costs and lower resale values, similar to concerns previously raised by Hertz Global Holdings Inc. Sixt still plans to electrify 90% of its European fleet by the end of the decade. Hertz, which had aimed for 25% of its fleet to be electric by 2024, is now considering purchasing EVs from other manufacturers with more established part supply networks and lower price points.

Portfolio Pulse from Anan Ashraf

December 04, 2023 | 9:53 am

NIO

NIO Inc. (NYSE:NIO) has announced an expansion of their global infrastructure, revealing the construction of numerous facilities and charging stations. As of November 30, the company has built 142 NIO Houses, 320 NIO Spaces, 315 NIO Service Centers, 62 NIO Delivery Centers, 2,217 Power Swap Stations, 3,485 Power Charger Stations, and 20,421 Power Chargers. This infrastructure growth coincides with a 12.6% year-over-year increase in November vehicle deliveries and a 33.1% increase in year-to-date vehicle deliveries.

Portfolio Pulse from Benzinga Neuro

December 04, 2023 | 9:08 am