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Nassim Nicholas Taleb, author of 'Black Swan', has raised concerns about the reliability of OpenAI's chatGPT for scholarly writing, citing reference errors. This comes after two New York lawyers were fined $5,000 for incorporating fictitious case citations generated by chatGPT into their legal brief. Generative AI models like chatGPT, Microsoft's Bing AI, and Google Bard are known for producing fabricated information, a phenomenon known as 'hallucinations'.

Portfolio Pulse from Ananya Gairola

July 05, 2023 | 3:47 am

AAPL

META

Meta Platforms Inc.'s new decentralized social media platform, Threads, is set to launch in the US and the UK, but will not be introduced in the EU due to data privacy and regulatory concerns. The platform, which can import data from Instagram, has informed users about the extensive data it intends to collect. The launch has sparked a debate about data privacy regulations between the US and the EU. Threads has made its official debut on Apple Inc.’s iOS App Store and will be released on July 6.

Portfolio Pulse from Ananya Gairola

July 05, 2023 | 2:23 am

IMPL

Impel Pharmaceuticals has been granted U.S. Patent #11690819 for the respiratory tract delivery of levodopa and DOPA decarboxylase inhibitor for the treatment of Parkinson's disease.

Portfolio Pulse from Charles Gross

July 04, 2023 | 10:58 pm

TSLA

Tesla has been granted U.S. Patent #11692278 for a coating system and method for e-coating and degasification of e-coat fluid during e-coat. This could potentially enhance the manufacturing process of Tesla's electric vehicles.

Portfolio Pulse from Charles Gross

July 04, 2023 | 10:54 pm

ASML

EWN

FXI

SPY

DigiTimes reports that ASML may offer a special-version DUV lithography that prevents its Chinese customers from transitioning to sub-28nm process manufacturing, according to China sources.

Portfolio Pulse from Charles Gross

July 04, 2023 | 7:19 pm

TM

TSLA

Toyota Motor Corp (NYSE:TM) announced a technological breakthrough that could potentially halve the weight, size, and cost of batteries, a significant advancement for electric vehicles. The company has streamlined the production of battery materials and aims to reduce charging durations and enhance driving range. Toyota plans to mass-produce solid-state batteries in EVs by 2027 or 2028. This development could help Toyota close the gap with Tesla Inc (NASDAQ:TSLA) in the electric vehicle market.

Portfolio Pulse from Bibhu Pattnaik

July 04, 2023 | 7:09 pm

TSLA

Tesla's China sales rose sharply in June, with 93,680 units of Giga Shanghai-made cars delivered, marking an 18.72% increase from a year ago and 20.57% upside from April’s sales. Tesla’s Q2 sales in China hit a record of 247,217 units, accounting for over 53% of the company's global deliveries. The strong sales figure was achieved on the back of promotional schemes and is expected to boost Tesla’s automotive margins due to the production efficiency and relatively cheap labor force at the Giga Shanghai factory.

Portfolio Pulse from Shanthi Rexaline

July 04, 2023 | 4:36 pm

DOGEUSD

MCD

The article discusses the history of McDonald's Corp (MCD) and the impact of investing in its stock since the launch of Happy Meals in 1979. A $1,000 investment in MCD at that time would be worth $258,217.39 today, not including dividends. The company's stock has been hitting all-time highs in 2023 due to strong sales growth. The article also mentions Elon Musk's challenge to McDonald's to accept Dogecoin (DOGE) as a payment option.

Portfolio Pulse from Chris Katje

July 04, 2023 | 3:44 pm

AAPL

META

A growing number of users are considering leaving Twitter for Meta Platforms Inc.'s Threads, a decentralized social media platform that has debuted on Apple Inc.’s iOS App Store. The app will be officially released on July 6. The shift is attributed to a combination of desperation, lack of viable alternatives, and strategic maneuvers by Meta. The launch of Threads coincides with Musk’s controversial rate limiting and Tweetdeck pay walling decisions on Twitter.

Portfolio Pulse from Ananya Gairola

July 04, 2023 | 2:21 pm

AMZN

RIVN

Rivian Automotive's electric delivery vans, designed in conjunction with Amazon, have arrived in Europe. Over 300 vans will roll out in Germany in the coming weeks. These are Rivian's first vehicles in Europe. Amazon aims to have 10,000 Rivian vehicles in its fleet worldwide by 2030.

Portfolio Pulse from Anan Ashraf

July 04, 2023 | 2:02 pm