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GM

TM

TSLA

Elon Musk suggests Toyota should join the NACS coalition to address its EVs' long charging times. General Motors recently joined Tesla's NACS, with Ford announcing a similar collaboration last month.

Portfolio Pulse from Anan Ashraf

June 14, 2023 | 9:31 am

AMD

AMZN

Amazon's cloud unit, AWS, is considering using AMD's new AI chips, according to a Reuters report. This could potentially boost AMD's presence in the AI market and strengthen its competition against Nvidia.

Portfolio Pulse from Charles Gross

June 14, 2023 | 9:28 am

KYMR

Kymera Therapeutics announced new data showing that its oncology programs KT-333 and KT-413 continue to demonstrate robust dose-dependent target knockdown in ongoing Phase 1A dose escalation trials, with no dose-limiting toxicities observed.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 8:35 am

PHG

Philips announced that a health economic analysis published in the Journal of Neurointerventional Surgery showed that the Direct-To-Angio stroke care pathway reduced costs by an average of €2,848 (~$3,120) per patient.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 8:33 am

GOOG

GOOGL

TSLA

A YouTuber compared Waymo and Tesla Full Self-Driving Beta on the same route, with both vehicles completing the trip without human input. Tesla took longer due to traffic and extra delays. Tesla's system relies on cameras and computer vision, while Waymo uses LiDAR, HD maps, and additional hardware.

Portfolio Pulse from Anan Ashraf

June 14, 2023 | 8:29 am

ACB

IVA

LEN

RDNT

RFIL

Lennar Corporation is expected to report quarterly earnings of $2.31 per share on revenue of $7.17 billion. RadNet priced its public offering of 7,575,000 shares at $29.75 per share. RF Industries is expected to report earnings of 3 cents per share on revenue of $20.19 million. Inventiva's Phase II clinical trial achieved its primary efficacy endpoint, and Aurora Cannabis is expected to post a quarterly loss of 5 cents per share on revenue of $48.56 million.

Portfolio Pulse from Lisa Levin

June 14, 2023 | 8:04 am

META

Meta Platforms Inc. (NASDAQ: META) has open-sourced its AI image creation model, I-JEPA, which claims to offer human-like image analysis and completion. The model incorporates background knowledge about the world to accurately complete unfinished images, addressing limitations of existing AI systems.

Portfolio Pulse from Ananya Gairola

June 14, 2023 | 6:58 am

BLNK

CHPT

DCFC

GM

TSLA

General Motors (GM) has decided to adopt Tesla's North American Charging Standard (NACS) for its EVs starting in 2025, which is expected to increase access to charging for GM's EV drivers at 12,000 Tesla superchargers across the U.S. EV charging equipment makers Blink Charging (BLNK), ChargePoint Holdings (CHPT), and Tritium DCFC (DCFC) have already announced plans to add NACS connectors to their networks.

Portfolio Pulse from Anan Ashraf

June 14, 2023 | 6:30 am

TSLA

Tesla's Cybertruck was spotted in camouflage on Californian roads, hinting at its potential commercialization. CEO Elon Musk confirmed the sighting on Twitter. The Cybertruck launch is expected to boost Tesla's stock price, as it did with the Model Y launch in 2020.

Portfolio Pulse from Shanthi Rexaline

June 14, 2023 | 6:05 am

TSLA

Tesla has increased the price of its Model Y AWD in the US by $250, now priced at $47,740 without potential incentives. This is the third time Tesla has raised the price of Model Y AWD since April, but it remains cheaper than before the price cut in April.

Portfolio Pulse from Anan Ashraf

June 14, 2023 | 4:53 am