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BTCUSD

Robert Kiyosaki, author of 'Rich Dad Poor Dad', has warned of a potential depression and advised caution for those whose futures depend on stocks and bonds. He sees signs of a severe crash in these markets and urges investors to seek professional advice. Kiyosaki's warning comes amid increasing economic uncertainty and aligns with his previous prediction of Bitcoin's rise as an alternative investment. He has predicted that Bitcoin could reach $120,000.

Portfolio Pulse from Benzinga Neuro

July 18, 2023 | 6:22 am

NVS

Novartis (NYSE:NVS) reported Q2 earnings of $1.83 per share, beating the analyst consensus estimate of $1.66 by 10.24%. This is a 17.31% increase from the same period last year. The company also reported quarterly sales of $13.62 billion, beating the analyst consensus estimate of $13.17 billion by 3.42%. This is a 6.56% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 6:03 am

F

TSLA

Ford Motor Co. has reduced the prices of its F-150 Lightning pickup truck by up to $9,979, a move seen by Deepwater Asset Management analyst Gene Munster as a reaction to Tesla's Cybertruck. Munster believes Ford's price cut indicates concern about competition from Tesla, but does not expect it to impact Cybertruck sales due to the long waiting list for the Tesla vehicle. However, he sees the price cut as potentially negative for Tesla in the long term due to increased competition.

Portfolio Pulse from Shanthi Rexaline

July 18, 2023 | 6:02 am

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin experienced a decline on Monday evening. This comes after Ripple's recent legal victory against the SEC which had boosted the crypto market. Analysts predict a downward trend for Bitcoin, with potential lows of around $29,000. However, analyst PlanB predicts a surge in Bitcoin's price as it approaches its next halving event in 2024, with a potential price range of $40,000 to $50,000.

Portfolio Pulse from Mehab Qureshi

July 18, 2023 | 2:26 am

DIS

PLTR

T

TSLA

VZ

US stocks traded higher with the Dow Jones gaining 0.22% on Monday. Five stocks drew significant attention: Walt Disney Co, AT&T Inc, Tesla Inc, Verizon Inc, and Palantir. Disney's stock fell due to a SAG-AFTRA strike disrupting the entertainment industry. AT&T's stock also fell after a downgrade from Citigroup due to potential risks related to lead-sheathed cables. Tesla's stock rose after the company announced the production of the first Cybertruck. Verizon's stock fell following a report about hazardous lead substances in underground cable networks. Palantir's stock rose significantly, up nearly 175% year-to-date.

Portfolio Pulse from Benzinga Neuro

July 18, 2023 | 2:13 am

TSLA

Elon Musk's biographer, Walter Isaacson, has stated that Musk lacks empathy and has a 'demon mode'. Isaacson has been following Musk for the past three years while writing his biography. He noted that Musk's faults make him who he is, and he is a driven individual who is not just about money. He also mentioned that Musk is impulsive and will tweet anything that's in his head.

Portfolio Pulse from Adam Eckert

July 17, 2023 | 9:36 pm

PINS

Pinterest Inc (NYSE:PINS) shares are trading higher after hours following an upgrade from Evercore ISI Group analyst Mark Mahaney. The analyst upgraded Pinterest from In-Line to Outperform and raised the price target from $30 to $41. The upgrade is based on evidence of stabilizing digital ad spend, operational improvements, potential for material revenue growth and margin improvement, and reasonable current valuation.

Portfolio Pulse from Adam Eckert

July 17, 2023 | 9:29 pm

PINS

Pinterest shares are trading higher following an upgrade to 'Outperform' by Evercore ISI.

Portfolio Pulse from Bill Haddad

July 17, 2023 | 9:10 pm

UBER

Analysts have provided bullish ratings for Uber Technologies (NYSE:UBER) within the last quarter, with no bearish or indifferent ratings. The average price target is $54.72, implying an upside from the current price of $45.51. The average price target has increased by 7.29% over the past month.

Portfolio Pulse from Benzinga Insights

July 17, 2023 | 9:00 pm

URI

In the last quarter, United Rentals (NYSE:URI) received 2 bullish, 4 somewhat bullish, and 4 indifferent ratings from analysts. The company's average 12-month price target is $469.9, with a high of $527.00 and a low of $422.00. The average price target has increased by 0.89% over the past month.

Portfolio Pulse from Benzinga Insights

July 17, 2023 | 9:00 pm