Streetbeat News

Stock Prices

TSLA

Tesla's Giga Shanghai has reached a production milestone of 3 million cars, highlighting its rapid production growth. The factory, which manufactures Model 3 and Model Y, has produced 1 million vehicles in the last 13 months. Tesla's global production exceeded deliveries last quarter.

Portfolio Pulse from Anan Ashraf

October 13, 2024 | 4:29 am

BTCUSD

DOGEUSD

ETHUSD

Donald Trump announced that the token sale for World Liberty Financial, a decentralized finance protocol, will start on Tuesday. The project aims to raise $300 million by selling 20% of its token supply at a $1.5 billion valuation. The token, WLFI, will be non-transferable and non-yielding, serving as a governance token. The broader crypto market reacted positively, with Bitcoin, Ethereum, and Dogecoin seeing slight increases.

Portfolio Pulse from Anan Ashraf

October 13, 2024 | 3:43 am

RIVN

TSLA

Michael Cusick, a former Tesla enthusiast, has switched his loyalty to Rivian after his Rivian R1T electric truck survived Hurricane Helene unscathed. This incident highlights the durability of Rivian's vehicles and their strong customer service, potentially boosting consumer confidence in the brand.

Portfolio Pulse from Bibhu Pattnaik

October 12, 2024 | 8:00 pm

GM

LCID

TSLA

XPEV

The EV sector faced a challenging week with most stocks declining. Tesla's 'We, Robot' event disappointed investors, leading to a 9% stock drop. Lucid exceeded Q3 delivery estimates, while GM revised its battery strategy. XPeng launched a new AI-defined sedan.

Portfolio Pulse from Shanthi Rexaline

October 12, 2024 | 7:45 pm

TSLA

UBER

Tesla's stock dropped 10% after an underwhelming robotaxi presentation, failing to impress Wall Street. Analysts criticized the lack of execution details and drew unfavorable comparisons to Waymo's service. Meanwhile, Uber's stock rose 9% as investors doubted Tesla's impact on traditional ride-hailing.

Portfolio Pulse from Bibhu Pattnaik

October 12, 2024 | 6:30 pm

CRLBF

TCNNF

Florida's Amendment 3 aims to legalize recreational marijuana, sparking political debate. Sen. Joe Gruters reassures voters about regulated public use, countering Governor DeSantis' opposition. Cannabis companies like Trulieve and Cresco Labs close operations due to Hurricane Milton.

Portfolio Pulse from Nicolás Jose Rodriguez

October 12, 2024 | 6:25 pm

JPM

Jamie Dimon, CEO of JPMorgan Chase, warns of global risks to the economy, highlighting issues like slowing inflation, fiscal deficits, and geopolitical instability. He emphasizes the need for preparedness and infrastructure improvements.

Portfolio Pulse from Bibhu Pattnaik

October 12, 2024 | 3:00 pm

GOOG

GOOGL

NVDA

PLTR

RIVN

Benzinga highlights bullish and bearish stock stories, including Nvidia's institutional call-buying, Palantir's AI strategy, and Rivian's production cut due to supply issues. Alphabet faces potential breakup by DOJ, and Chinese stocks fall due to lack of stimulus.

Portfolio Pulse from Michael Cohen

October 12, 2024 | 2:30 pm

META

ORCL

TSLA

Elon Musk is predicted to end 2024 as the world's richest man, despite a 10% drop in Tesla's stock price. Prediction markets give Musk an 82% chance of retaining the title, with significant wealth gains for other tech leaders like Mark Zuckerberg and Larry Ellison.

Portfolio Pulse from Chris Katje

October 12, 2024 | 1:00 pm

BRK

TSLA

A Benzinga poll asked readers to choose the most legendary investor in 100 years, with Warren Buffett receiving 61% of the votes, compared to Elon Musk's 30%. Despite Tesla's impressive stock performance, Buffett's steady returns and long-term success with Berkshire Hathaway are favored by readers.

Portfolio Pulse from Chris Katje

October 12, 2024 | 12:00 pm