Streetbeat News

Products Services

PLTR

Palantir Technologies Inc (NYSE:PLTR) CEO Alex Karp linked the rise of former President Donald Trump to the actions of Silicon Valley, citing the detachment of tech moguls from the average American and their support for policies that exempt them from bearing the costs. Karp's comments come as Palantir's stock surged following strong Q2 earnings and a new partnership with Microsoft Corp to enhance data analytics and AI services for the U.S. Defense and Intelligence Community.

Portfolio Pulse from Benzinga Neuro

August 19, 2024 | 9:19 am

AAPL

Apple Inc. (NASDAQ:AAPL) is set to open its fourth iPhone assembly plant in India, established by Tata Electronics in Hosur, Tamil Nadu. The plant will begin operations in November and is expected to employ over 50,000 workers. This expansion is part of Apple's strategy to increase its manufacturing capacity in India, which is projected to account for 20%-25% of total iPhone shipments this year.

Portfolio Pulse from Ananthu C U

August 19, 2024 | 8:37 am

TSLA

Tesla CEO Elon Musk praised Happy Dad, a California-based beverage maker, for adding another Cybertruck to its fleet, wrapped in the Texas flag. Happy Dad now has five Cybertrucks, with plans to deploy the latest one in Dallas, Texas. Tesla's Cybertruck, built at its Texas gigafactory, has seen increasing sales, with 8,755 units sold in the second quarter of the year.

Portfolio Pulse from Anan Ashraf

August 19, 2024 | 7:37 am

SPIR

Spire Global has launched seven multi-payload satellites on a SpaceX mission to enhance weather forecasting. These satellites will monitor soil moisture, improve global weather forecasts, and serve missions for Space Services customers.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 7:31 am

AAPL

Apple Inc. (NASDAQ:AAPL) is set to introduce a new 'Desert Titanium' color for its upcoming iPhone 16 Pro lineup, alongside existing colors white, black, gold, and gray. The iPhone 16 is also expected to feature advanced AI technology and a potential camera redesign, which could drive significant growth for Apple.

Portfolio Pulse from Benzinga Neuro

August 19, 2024 | 7:15 am

ENLT

Enlight Renewable Energy has launched the 60 MW Tapolca Solar Project in Hungary, expanding its total capacity in the country to 144 MW. The project cost $48 million to construct and is the company's fifth project in Hungary.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 6:58 am

BTCUSD

ETHUSD

Peter Thiel discussed Bitcoin on the Joe Rogan Experience podcast, calling it a 'moderately big invention' that was underestimated for its first decade. Thiel compared Bitcoin's innovation to the internet and highlighted its slow but steady progress. Despite its advantages, Bitcoin faces challenges like regulation and fraud. Thiel's Founders Fund invested $200 million in Bitcoin and Ethereum in 2023. Bitcoin has outperformed the S&P 500 this year, gaining over 38%.

Portfolio Pulse from Shanthi Rexaline

August 19, 2024 | 6:33 am

AZN

DSNKY

Daiichi Sankyo and AstraZeneca's ENHERTU has received its eighth Breakthrough Therapy Designation from the FDA for treating specific patients with HER2 low or ultralow metastatic breast cancer. This designation is based on the results of the DESTINY-Breast06 phase 3 trial.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 6:29 am

TSLA

Elon Musk denied allegations of donating a Tesla Cybertruck to Russian leader Ramzan Kadyrov, who showcased the vehicle with a mounted gun. The Cybertruck is currently produced only in the U.S. and is marketed as a durable, bullet-resistant vehicle. Musk did not clarify how Kadyrov obtained the truck.

Portfolio Pulse from Anan Ashraf

August 19, 2024 | 6:19 am

BTCUSD

ETHUSD

OpenAI CEO Sam Altman's Worldcoin project, which uses iris-scanning technology to distribute cryptocurrency, is facing global backlash and regulatory scrutiny. Despite claims of privacy enhancement, concerns about a global biometric database have led to actions against the project in over a dozen jurisdictions. Worldcoin has implemented new measures to address these concerns and continues to grow, with its WLD token experiencing significant price fluctuations.

Portfolio Pulse from Benzinga Neuro

August 19, 2024 | 3:19 am