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Stock Prices

TSLA

Tesla Inc (NASDAQ:TSLA) has increased the price of its yoke steering wheel four-fold, now priced at $1000, available as a customization option on Model S and X. This follows Tesla's recent price cuts on Model S and X EVs in the U.S., ranging from 15.3% to 18.8%. Tesla also made all color options for Model S and X vehicles free and reduced the price of full self-driving capability by 20%.

Portfolio Pulse from Anan Ashraf

September 06, 2023 | 3:52 am

Ford (NYSE:F) has filed for a new trademark, F-200, which is speculated to be a more powerful electric truck than the F-150 Lightning. The trademark might be linked to Ford’s forthcoming full-size electric truck, unofficially dubbed 'T3'. The new electric truck is likely to be unveiled next year with production at Ford's new BlueOval City complex in Tennessee. Despite a surge in web traffic and orders, F-150 Lightning sales dropped by 57% in August compared to the previous year. Ford is now planning to triple the F-150 Lightning production.

Portfolio Pulse from Benzinga Neuro

September 06, 2023 | 3:29 am

META

Mark Zuckerberg, CEO of Meta Platforms Inc, has been showcasing his mixed martial arts (MMA) skills on social media, including training sessions with professional fighters. This marks a shift in his public persona. Speculation of a potential cage fight between Zuckerberg and Tesla's Elon Musk has been circulating since Musk's tweet in June.

Portfolio Pulse from Benzinga Neuro

September 06, 2023 | 3:14 am

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies showed mixed performance on Tuesday amid fading excitement over the SEC's mandated review of Grayscale Investments’ Bitcoin ETF. Grayscale submitted a letter to the SEC requesting approval for its application to transform the Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin ETF. Meanwhile, the global crypto market capitalization stands at $1.04 trillion, a 0.90% decrease in the last day. Stocks opened the week on a downward trend as crude oil prices surged. An analyst predicts Bitcoin will surpass its previous highs this year.

Portfolio Pulse from Mehab Qureshi

September 06, 2023 | 2:41 am

ACHR

BEAM

NVDA

SHOP

SPOT

Ark Invest, led by Cathie Wood, has made significant trades, selling shares of Shopify Inc (SHOP) and Nvidia Corp (NVDA), and buying Spotify Technology SA (SPOT) shares. The firm also bought shares of Archer Aviation Inc (ACHR) and Beam Therapeutics Inc (BEAM). These moves reflect recent market dynamics and strategic shifts in Ark's investment approach.

Portfolio Pulse from Benzinga Neuro

September 06, 2023 | 2:27 am

ASAN

DBGI

NVAX

TSLA

U.S. stocks ended in red with the Dow Jones falling by nearly 200 points or 0.56%. Novavax shares surged by 10.23% due to increasing COVID cases in the US. Zscaler’s stock appreciated by 2.75% after reporting a 43% YoY increase in its Q4 revenue. Digital Brands Group's stock jumped 31.56% after announcing the closure of its offering for the issuance and sale of shares. Asana’s stock showed a marginal increase of 0.05% after Q2 results surpassed market expectations. Tesla’s stock climbed by 4.69% after Ark Invest's CEO reiterated her $2,000 price target for Tesla by 2027.

Portfolio Pulse from Benzinga Neuro

September 06, 2023 | 1:41 am

ARKK

BTCUSD

Cryptocurrency expert Jameson Lopp predicts that the benefits of Bitcoin (BTC) will be perceived as obvious in the future, and the current adversities will be forgotten. His views align with bullish predictions by several financial experts, including Ark Invest Management, which suggests that Bitcoin could exceed $1 million by 2030. Cathie Wood, founder of Ark Invest, has repeatedly predicted this trajectory for Bitcoin. Other bullish predictions come from Robert Kiyosaki and Pantera Capital.

Portfolio Pulse from Benzinga Neuro

September 06, 2023 | 1:06 am

STLA

Former U.S. President Donald Trump has criticized the Biden administration's push for electric vehicles (EVs), claiming it would lead to the demise of the American auto industry and a shift of production to China. He made these comments as around 146,000 United Auto Workers members faced a strike deadline with three major U.S. automakers—General Motors Co. (NYSE:GM), Stellantis N.V. (NYSE:STLA), and Ford Motor Company (NYSE:F).

Portfolio Pulse from Benzinga Neuro

September 06, 2023 | 12:21 am

DWAC

Former President Donald Trump, who is leading in Republican polls for the 2024 election, has started referring to President Joe Biden as 'Crooked Joe'. Trump, who faces multiple lawsuits and indictments, claims Biden has interfered with the investigations. Trump has been indicted four times in 2023 and faces over 90 charges. Trump Media & Technology Group, which Trump will retain control of even if imprisoned, is merging with SPAC Digital World Acquisition Corporation (NASDAQ:DWAC).

Portfolio Pulse from Chris Katje

September 05, 2023 | 11:35 pm

FOX

NXST

Rosenblatt Securities has released investor notes on Fox Corp and Nexstar Media Group, focusing on their positions amid shifts in the pay TV sector. Fox is leveraging growth through its Tubi initiative, while Nexstar is impacted by the Charter Communications and Walt Disney Co carriage dispute but could benefit from the rise of skinny bundles. Fox's shares slipped more than 6% at the start of the month due to the dispute, and its pay TV subscribers dipped 8% in the recent quarter. However, Tubi saw a 65% surge in TV time and a 47% spike in ad revenues. Nexstar's shares fell 13% due to the dispute, but the company has been proactive in securing agreements to maintain or introduce the broadcasting of its CW network.

Portfolio Pulse from AJ Fabino

September 05, 2023 | 11:21 pm