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NTES

NetEase Games has established a new game studio called PinCool, Inc. in Tokyo, Japan. The multifunctional studio aims to produce global entertainment content, including video games, movie creatives, live events, and IP licensing.

Portfolio Pulse from Charles Gross

May 29, 2023 | 6:33 pm

CDNS

Cadence Design Systems (NASDAQ:CDNS) announced an expanded collaboration with Arm to advance mobile device silicon success using Cadence digital and verification tools and the new Arm Total Compute Solutions 2023 (TCS23).

Portfolio Pulse from Charles Gross

May 29, 2023 | 6:32 pm

AYURF

Ayurcann Holdings Corp. (OTCQB:AYURF) reported Q3 2023 financial results, with gross revenues of CA $5.9 million (US $4.3 million), a 114% increase compared to the same period last year. The company has expanded its product offerings to 60 SKUs and achieved Canadian retail penetration of over 65%.

Portfolio Pulse from Maureen Meehan

May 29, 2023 | 1:25 pm

PCLOF

PharmaCielo reports Q1 2023 revenue down 34.2% YoY, but CEO Bill Petron expects robust global sales of cannabis flower in 2023. The company has expanded its global business development organization and has made progress in markets such as Germany, the Czech Republic, Portugal, Poland, and Australia.

Portfolio Pulse from Maureen Meehan

May 29, 2023 | 12:48 pm

TSLA

Tesla Inc (TSLA) is reportedly renewing its interest in India's growing electric vehicle (EV) market, with a high-ranking delegation meeting Union Commerce Ministry officials in New Delhi. The company aims to ramp up production to 20 million electric cars annually by 2030 and diversify its dependency on China.

Portfolio Pulse from Shomik Sen Bhattacharjee

May 29, 2023 | 12:17 pm

WBD

OpenAI's ChatGPT Plus was tested to create a hypothetical scene from Warner Bros. Discovery Inc.'s HBO series 'Succession.' The AI-generated script failed to capture the show's essence, lacking wit, irony, and complex relationships. Industry experts criticized the script, highlighting the limitations of AI in replacing human creativity.

Portfolio Pulse from Aveek Bhowmik

May 29, 2023 | 9:17 am

LCID

Lucid Group is promoting its Lucid Air Touring and Grand Touring models, highlighting their luxurious features and long-range capabilities. Despite having the longest-ever EPA rating for an EV, Lucid reported lower-than-expected Q1 sales and missed Street estimates.

Portfolio Pulse from Anan Ashraf

May 29, 2023 | 8:50 am

TSLA

VLVLY

YouTuber Simone Giertz, who converted her Tesla Model 3 into a truck called Truckla, has replaced it with a Volvo C40 electric coupe-SUV. Giertz cited privacy concerns and the size and cost of other electric pickup trucks as reasons for her choice.

Portfolio Pulse from Anan Ashraf

May 29, 2023 | 7:48 am

FLOKIUSD

SHIBUSD

Floki's Valhalla metaverse game has seen a surge in trading volumes, reaching over $98 million and surpassing Shiba Inu's $86 million. The increase is attributed to ads for the Floki game during Chinese sporting tournaments, potentially attracting new traders from China.

Portfolio Pulse from Mehab Qureshi

May 29, 2023 | 7:12 am

TSLA

ARK Investment Management analyst Sam Korus is positive on the demand for Tesla's upcoming Cybertruck, stating it could be as mainstream as the Model Y. The Cybertruck has 1.5 million reservations and increasing popularity according to Google trends. Elon Musk confirmed that the Cybertruck delivery event would take place later this year, with expectations to sell 250,000-500,000 units annually once production is fully ramped up.

Portfolio Pulse from Anan Ashraf

May 29, 2023 | 6:01 am