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BBJP

DXJ

EWJ

Japan's capital spending for Q4 surged to 16.4%, significantly exceeding the estimated 2.9% and the prior 3.4%, indicating a robust investment environment in Japan.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 5:29 am

BTC-USD

DOGE-USD

ETH-USD

Major cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced significant gains amid market optimism and FOMO. Bitcoin's price surged over $62,000, with an upcoming halving event in April expected to further impact its value. The global cryptocurrency market cap increased by 1.36% to $2.31 trillion. U.S. stock futures showed minimal movement, with investors awaiting Federal Reserve updates. Analysts predict a potential massive run for altcoins and a possible surge in Bitcoin to $100,000 in 2024, driven by increased liquidity.

Portfolio Pulse from Mehab Qureshi

March 04, 2024 | 4:48 am

SOL

WIF

Raoul Pal humorously embraces the current altcoin season, highlighting the meme coin Dogwifhat (CRYPTO: WIF), which has seen a 361.59% increase in a week. Pal's tweet reflects a shift from serious blockchain debates to enjoying the speculative nature of meme coins, advising caution. Dogwifhat's popularity surged, especially after being listed on Robinhood's European platform, contributing to its value increase. The coin briefly became Solana's top memecoin, indicating a potential 'memecoin supercycle' and an 'alt season' with increased liquidity in smaller cryptocurrencies.

Portfolio Pulse from Benzinga Neuro

March 04, 2024 | 1:22 am

IGT

IPG

RELY

ZBH

Barron's cover story highlights the best luxury second home resort markets in the US, with Austin, Texas, Lake Geneva, Wisconsin, and Park City, Utah topping the list. Luxury second home prices rose 11% in 2015. The article also discusses investment opportunities in hedge funds through closed-end funds run by Bill Ackman and Dan Loeb, and mentions stocks like Interpublic Group (IPG), Zimmer Biomet Holdings (ZBH), Real Industry (RELY), and International Game Technology (IGT) for their potential.

Portfolio Pulse from Nelson Hem

March 03, 2024 | 9:37 pm

SAN

Santander is reducing its workforce by approximately 300 positions in its US branches as part of a strategic shift towards digital banking, according to Bloomberg. This move reflects the bank's adaptation to changing consumer preferences and the increasing demand for digital banking services.

Portfolio Pulse from Charles Gross

March 03, 2024 | 9:15 pm

DOGEUSD

SHIBUSD

The article discusses the concept of a 'memecoin supercycle,' a period where memecoins like Dogecoin (DOGE) and Shiba Inu (SHIB) are expected to see significant gains. It highlights recent surges in memecoin values, such as Dogwifhat (WIF) and MAGA Memecoin (TRUMP), and the broader implications for the cryptocurrency market. The piece also touches on the reasons behind the memecoin supercycle, including a reaction against traditional financial systems and the accessibility of memecoins to investors of all wallet sizes. It concludes with a cautionary note on the risks involved in investing in memecoins.

Portfolio Pulse from Ivan Crnogatić

March 03, 2024 | 9:04 pm

AAPL

GOOG

IBIT

RIVN

Cryptocurrencies experienced significant gains, with Bitcoin leading the surge. The total market capitalization of cryptocurrencies increased by over 17% to $2.33 trillion. Bitcoin's weekly gain was 19.5%, and Ethereum rose by 12.4%. Memecoins, particularly Dogwifhat, saw a 400% weekly surge. BlackRock's iShares Bitcoin ETF (IBIT) recorded high trading volumes, increasing its bitcoin holdings to over $7 billion. In traditional finance, the Nasdaq 100 gained 2.04%, while Apple Inc (AAPL) dropped after being removed from Goldman Sachs' Conviction List. Rivian Automotive Inc (RIVN) and Alphabet Inc. (GOOG) received optimistic outlooks from notable investors.

Portfolio Pulse from Ivan Crnogatić

March 03, 2024 | 5:33 pm

SPY

USO

VGK

Bloomberg reported that OPEC+ has agreed to extend supply curbs until the end of Q2, potentially affecting global oil supply and market dynamics.

Portfolio Pulse from Charles Gross

March 03, 2024 | 5:25 pm

BONK

DOGE

PEPE

SHIB

WIF

Pseudonymous trader Bluntz Capital predicted Dogwifhat (WIF) would surpass at least two major memecoins on Solana, a prediction partially validated as it briefly overtook Bonk (BONK). Dogwifhat's market cap reached $1.6 billion, trading at $1.60. Influencers and former Goldman Sachs executive Raoul Pal see a memecoin supercycle, with Dogwifhat's rally surpassing $1.5 billion in market cap in less than four months. Arthur Hayes targets $2 for Dogwifhat, while Robinhood Europe's listing may have spurred its recent surge. Pepe (PEPE) also hit a new high, with a market cap of $2.1 billion.

Portfolio Pulse from Ivan Crnogatić

March 03, 2024 | 5:16 pm

DOGEUSD

SHIBUSD

Crypto VC Andrew Kang predicts Dogecoin (DOGE) could outperform GameStop with a multi-month memecoin speculation ahead. He cites easier access and previous ownership by significant investors as factors. Dogecoin's recent 62% weekly gain and bullish social media sentiment support this view. Competitors Shiba Inu (SHIB) and Dogwifhat (WIF) also saw significant gains, suggesting a broader memecoin rally.

Portfolio Pulse from Ivan Crnogatić

March 03, 2024 | 4:39 pm