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The Bitcoin Lightning payments application, Wallet of Satoshi (WoS), has been removed from the U.S. versions of Google's Play Store and Apple's App Store without a clear explanation. WoS stated the removal was their decision and not a ban, hinting at a possible return based on future developments. U.S. users can still access their BTC funds and transfer them to other wallets. BTC price was slightly up at the time of reporting.

Portfolio Pulse from Mehab Qureshi

November 24, 2023 | 9:56 am

STLA

Stellantis N.V. (NYSE:STLA) has launched its SUSTAINera Circular Economy Hub at the Mirafiori Complex in Turin, Italy, as part of its strategy to achieve net-zero carbon emissions by 2038. The hub will focus on extending the life of automotive parts and vehicles through the 4R strategy (Reman, Repair, Reuse, Recycle). With an investment of €40 million, the hub currently employs 170 people, with plans to increase to 550 by 2025. This initiative underscores Stellantis's commitment to sustainable practices in the automotive industry.

Portfolio Pulse from Benzinga Neuro

November 24, 2023 | 8:38 am

CALT

Calliditas Therapeutics AB's partner, Everest Medicines, has received approval from China's NMPA for Nefecon, a treatment for primary IgA nephropathy in adults. This approval could potentially lead to increased market opportunities for Calliditas in China through its partnership with Everest Medicines.

Portfolio Pulse from Benzinga Newsdesk

November 24, 2023 | 8:14 am

NVDA

Nvidia Corp. (NASDAQ:NVDA) reported strong Q3 results with $18.12 billion in revenue, but concerns arose as revenue from Singapore surged 404% year-over-year, now accounting for 15% of total revenue. This significant increase has led to suspicions of fraud among bearish investors. Singapore's growing status as a tech hub, with a robust digital infrastructure, may explain the rise in Nvidia's revenue from the region. Despite the positive results, Nvidia's stock fell 2.46% after the report.

Portfolio Pulse from Shanthi Rexaline

November 24, 2023 | 7:07 am

TSLA

Tesla Inc. (NASDAQ:TSLA) is considering a $2 billion investment in an Indian factory, conditional on a reduced import duty of 15% for its electric vehicles (EVs) for the first two years. The investment amount is linked to the number of vehicles Tesla is allowed to import at this rate. The Indian government is deliberating on allowing a lower number of vehicles than Tesla's request, with a potential limit of 10% of total EVs sold in India this fiscal year. Tesla's proposal includes a commitment to localize 20% of car value within two years, which is under review by Indian authorities. Tesla plans to introduce three models in India and increase auto parts sourcing from the country.

Portfolio Pulse from Shomik Sen Bhattacharjee

November 24, 2023 | 6:43 am

TSLA

Tesla Inc (NASDAQ:TSLA) is preparing to introduce its Full Self-Driving (FSD) capability in China, with no specific timeline provided. The FSD feature is currently only available in North America. Tesla shareholders and enthusiasts are anticipating the version 12 update of FSD, which Elon Musk hinted could achieve full autonomy. Musk has previously suggested that version 12 could be ready in 'about 2 weeks', but his timelines have historically been overly optimistic.

Portfolio Pulse from Anan Ashraf

November 24, 2023 | 3:15 am

BTCUSD

DOGEUSD

ETHUSD

On the eve of Thanksgiving, Bitcoin, Ethereum, and Dogecoin showed mixed trading results. Binance settled with the DOJ for $4.3 billion, and its former CEO Changpeng Zhao faces a potential 18-month prison sentence. Bitcoin transfers from Binance to Coinbase have increased, with Coinbase reserves up by 12,000 BTC. The global crypto market cap slightly rose. The Federal Reserve's meeting notes suggest continued restrictive monetary policy. Analysts predict a bullish trend for Bitcoin, with a surge above $40,000 seen as 'inevitable' following the Binance settlement and the potential approval of a spot Bitcoin ETF.

Portfolio Pulse from Mehab Qureshi

November 24, 2023 | 2:43 am

AMZN

IRBT

Amazon.com Inc.'s (NASDAQ:AMZN) proposed $1.4 billion acquisition of iRobot Corp. (NASDAQ:IRBT) is expected to receive unconditional approval from EU antitrust authorities, according to a Reuters report citing sources familiar with the matter. The EU Commission's decision is due on Feb. 14, following the U.K. antitrust agency's earlier unconditional approval. Concerns about reduced competition and increased dominance by Amazon were initially raised, but the deal is likely to proceed without conditions.

Portfolio Pulse from Benzinga Neuro

November 24, 2023 | 2:34 am

BNBUSD

Changpeng Zhao, co-founder and former CEO of Binance, had his Twitter account temporarily restricted, which was later reinstated. The restriction occurred amid Binance's legal troubles, where the company and Zhao pleaded guilty to multiple violations and agreed to pay $4.3 billion. Zhao also agreed to a personal fine of $50 million and was released on a $175 million bond. The SEC and CFTC have charged Binance and Zhao with serious financial crimes, impacting the company's reputation and raising concerns about its operations.

Portfolio Pulse from Murtuza Merchant

November 23, 2023 | 8:03 pm

ETHUSD

On Wednesday, 7,968.73 Ether (ETH) valued at $16M was burned, permanently removing it from circulation. This is a result of the EIP-1159 upgrade implemented on August 5th, 2021, which introduced a variable base fee for transactions that is burned. The current issuance rate of new Ether is 4% per year, expected to drop to 0.5-1% with Ethereum 2.0, potentially making ETH deflationary. The net annualized issuance rate for Ether was -9.16% yesterday, according to Glassnode.

Portfolio Pulse from Benzinga Insights

November 23, 2023 | 6:00 pm