Streetbeat News

Products Services

MSFT

QCOM

Qualcomm is gaining attention for its advancements in artificial intelligence (AI) growth, with a focus on incorporating AI into mobile devices. The company's head of AI, Ziad Asghar, highlights the scale of Qualcomm's operations and its recent collaboration with Microsoft.

Portfolio Pulse from Chris Katje

June 11, 2023 | 7:52 pm

BYDDF

BYDDY

F

GELYF

GELYY

Ford CEO Jim Farley praised China's rise to the top of the auto export market, exporting over a million units in Q1. He predicted that SAIC Motor Corp, Geely Automobile, and BYD Company will likely become global players, with BYD showing particular promise. Farley sees a shift in winners and losers within the industry, with some mature OEMs shrinking and others expanding.

Portfolio Pulse from Shanthi Rexaline

June 11, 2023 | 6:55 pm

TSLA

Tesla's Autopilot system has been involved in 736 accidents and 17 fatalities in the US since 2019, according to a Washington Post analysis of National Highway Traffic Safety Administration data. The recent data shows a significant increase in fatalities compared to a June 2022 report. The NHTSA is currently investigating Tesla Autopilot and its full-self driving features.

Portfolio Pulse from Shanthi Rexaline

June 11, 2023 | 5:46 pm

AAPL

Apple is reportedly developing a more affordable version of its Vision Pro headset, possibly called Apple Vision or Apple Vision One, according to Bloomberg columnist Mark Gurman. The company aims to launch the cheaper model by 2025 and is already working on a second-generation Vision Pro with a faster processor.

Portfolio Pulse from Shanthi Rexaline

June 11, 2023 | 4:33 pm

LGF-A

The sequel to the iconic TV series 'Weeds' is reportedly in development under the title 'Weeds 4.20' and will feature original lead Mary Louise Parker. The project will be carried out by Lions Gate Entertainment Corporation's (NYSE: LGF-A) Starz channel.

Portfolio Pulse from El Planteo

June 11, 2023 | 3:24 pm

AAPL

Bloomberg's Mark Gurman reported that Apple is planning to produce a cheaper version of its Vision Pro headset by the end of 2025, aiming to make the technology more accessible to consumers.

Portfolio Pulse from Charles Gross

June 11, 2023 | 2:58 pm

NTLA

Intellia Therapeutics announced updated interim results from the Phase 1 portion of the ongoing Phase 1/2 study of NTLA-2002, a CRISPR-based therapy for hereditary angioedema (HAE). The data showed durable elimination of HAE attacks after a single dose, with a favorable safety profile.

Portfolio Pulse from Charles Gross

June 11, 2023 | 1:15 pm

ETHUSD

Ethereum co-founder Vitalik Buterin has highlighted three crucial transitions for Ethereum's future: scalability, wallet security, and privacy. He warned that high transaction costs could force products to opt for centralized solutions if Ethereum doesn't achieve scaling. Buterin also emphasized the need for smart contract wallets and privacy-preserving transactions.

Portfolio Pulse from Bibhu Pattnaik

June 11, 2023 | 12:48 pm

AAPL

META

Mark Zuckerberg, CEO of Meta Platforms Inc. (NASDAQ: META), believes that Apple Inc.'s (NASDAQ: AAPL) entry into the AR/VR segment with its first-generation mixed reality headset brings validation to the category. He also stated that Apple's entry will increase demand for the overall space, with Quest 3 being the primary beneficiary.

Portfolio Pulse from Ananya Gairola

June 11, 2023 | 2:00 am

META

Meta Platforms CEO Mark Zuckerberg discussed the potential of Large Language Models (LLMs) like OpenAI's chatGPT to revolutionize small businesses and solopreneurs in an interview. He emphasized the importance of openness and collaboration in AI development and acknowledged the complexity of decision-making as AI models approach superintelligence.

Portfolio Pulse from Ananya Gairola

June 10, 2023 | 10:00 pm