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AAPL

Apple CEO Tim Cook revealed that he uses OpenAI's chatGPT and is excited about it, but remains concerned about potential issues like bias, misinformation, and worse. Cook emphasized the importance of being deliberate and thoughtful in AI development and deployment, and suggested that companies make their own ethical decisions.

Portfolio Pulse from Ananya Gairola

June 07, 2023 | 7:13 am

AAPL

SPY

Apple unveiled the Vision Pro mixed-reality headset, coinciding with a comparison of investing in the first iPhone vs the S&P 500. An unboxed iPhone 1 sold for $63,356.40, generating a 10,477% return, while investing the same amount in the SPDR S&P 500 ETF Trust (SPY) would have yielded a 297% return.

Portfolio Pulse from Shanthi Rexaline

June 07, 2023 | 6:41 am

TSLA

Tesla has agreed in principle to the Indian government's proposal to assemble its electric vehicles in India and establish a local vendor base. The government plans to offer import concessions on necessary components until Tesla sets up its supply chain in India, similar to the smartphone incentive scheme offered to Apple.

Portfolio Pulse from Shomik Sen Bhattacharjee

June 07, 2023 | 6:18 am

GOOG

GOOGL

TSLA

Alphabet's Waymo self-driving vehicle reportedly killed a dog in San Francisco, despite identifying the dog, it was unable to avoid the collision. This incident follows Tesla CEO Elon Musk's criticism of self-driving tech developed by competitors like Waymo and GM-backed Cruise LLC.

Portfolio Pulse from Anan Ashraf

June 07, 2023 | 4:07 am

AAPL

Apple has unveiled its first-generation mixed reality headset, Vision Pro, at the Worldwide Developers Conference 2023. The device features a sleek aluminum build, 4K resolution micro-OLED displays, and is powered by Apple's M2 chip and an additional R1 processor for AR tasks. The headset is priced at $3,499 and is set to launch in the US in early 2024.

Portfolio Pulse from Ananya Gairola

June 07, 2023 | 3:27 am

BA

COIN

RNAZ

TSLA

YEXT

US markets closed in the green on Tuesday, with Tesla, Coinbase, Transcode Therapeutics, Boeing, and Yext stocks drawing investor attention. Tesla won a court case, while Coinbase faced an SEC lawsuit. Transcode announced a public offering, Boeing discovered a production flaw, and Yext reported improved Q1 results.

Portfolio Pulse from Bhavik Nair

June 07, 2023 | 1:22 am

ATVI

Activision Blizzard's Diablo IV faces server overload issues due to a massive influx of new players, causing login problems. Meanwhile, the company has announced two expansions in development for the game.

Portfolio Pulse from Franca Quarneti

June 06, 2023 | 9:41 pm

PLAY

Dave & Buster's announced plans to open 20 stores in India and Australia through partnerships with Malpani Group and NightOwl Entertainment Group.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 9:31 pm

GM

MT

ArcelorMittal North America has signed a supply agreement with General Motors to provide North American-sourced sustainable XCarb steel. The material will be supplied from ArcelorMittal Dofasco in Hamilton, Ontario, with shipments expected to begin in 2Q 2023.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 9:16 pm

GM

General Motors (GM) announced a C$280 million investment in its Oshawa Assembly plant for next-generation truck production. The investment will create 1,700 jobs and support the production of light- and heavy-duty trucks.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 8:34 pm