Streetbeat News

Products Services

HUIZ

Huize has partnered with China Pacific Property Insurance to launch 'Little Scholar', a customized student accident insurance product. This plan offers comprehensive coverage for children aged 3 to 25, with protection up to RMB500,000 for accidents and illnesses.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 9:36 am

NVDA

Nvidia's stock is expected to surge to $340 in the medium term, driven by significant investments in AI data centers. However, the stock is volatile, with potential 35-80% pullbacks. Nvidia's near-monopoly in AI accelerators positions it well, but the AI bubble may burst in 3-5 years. Upcoming earnings are a key test.

Portfolio Pulse from Shanthi Rexaline

August 22, 2024 | 9:20 am

ETHUSD

Vitalik Buterin, co-founder of Ethereum, responded to community demands for more 'bullposting' by sharing a humorous image promoting Ethereum. This post quickly surpassed engagement metrics of his previous philosophical blog. The event highlights the community's preference for straightforward, positive content over complex discussions.

Portfolio Pulse from Aniket Verma

August 22, 2024 | 9:14 am

BIIB

Eisai and Biogen's Alzheimer's drug Leqembi receives its first European approval in Great Britain. The drug, targeting early Alzheimer's, showed positive results in clinical trials.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 9:13 am

F

GM

KARS

TSLA

Gene Munster from Deepwater Asset Management predicts a slowdown in the EV industry, with growth rates dropping from 50% in 2023 to 5% in 2024. Ford and Tesla are pulling back on their EV investments, signaling an 'EV winter.' Despite challenges, Munster remains optimistic about long-term EV adoption.

Portfolio Pulse from Shanthi Rexaline

August 22, 2024 | 8:39 am

SSRM

SSR Mining has temporarily halted operations at its Seabee mine due to nearby forest fires. This decision is a precautionary measure to ensure the safety of its employees and the surrounding environment.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 7:41 am

MSFT

Midjourney has opened its web experience to the public, offering free trials amid controversy over unauthorized use of artists' work. The company faces backlash and legal challenges for allegedly using copyrighted works to train its AI. Microsoft and xAI are also under scrutiny in the AI art generator industry.

Portfolio Pulse from Benzinga Neuro

August 22, 2024 | 7:15 am

TSLA

The U.S. National Transportation Safety Board (NTSB) has opened an investigation into a crash involving a Tesla Semi truck in California. The incident, which occurred on August 19, involved the truck running off the road and its battery catching fire, causing a traffic standstill. Tesla is currently in pilot production of the Semi, with plans to start full production by the end of 2025.

Portfolio Pulse from Anan Ashraf

August 22, 2024 | 7:09 am

BTCUSD

El Salvador plans to educate 80,000 public servants on Bitcoin as part of its initiative to integrate cryptocurrency into governance. This move follows the country's adoption of Bitcoin as legal tender and its ongoing efforts to incorporate it into public administration and economic infrastructure.

Portfolio Pulse from Aniket Verma

August 22, 2024 | 6:29 am

TSLA

Tesla has delayed the rollout of its full self-driving (FSD) technology for the Cybertruck to September, according to senior executive Ashok Elluswamy. The initial release will include parking assistance features, with FSD following later. This marks another delay from previous timelines set by CEO Elon Musk.

Portfolio Pulse from Anan Ashraf

August 22, 2024 | 6:00 am