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Assets

BTCUSD

Robert Kiyosaki, author and financial expert, has dismissed questions about future prices of assets like Bitcoin (BTC), gold, and silver, stating that the more important question is how many of these assets individuals currently own. He believes these assets are currently available at favorable prices, making them worthwhile investments. Kiyosaki has previously predicted that Bitcoin would surge to $120,000. At the time of writing, Bitcoin was trading at $27,134.14, up 1.14% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

September 20, 2023 | 5:51 am

BBJP

DXJ

EWJ

Japan's year-on-year exports for August decreased by 0.8%, which is better than the estimated decrease of 1.7%, but worse than the prior decrease of 0.3%.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 4:22 am

BBJP

DXJ

EWJ

Japan's adjusted trade balance came in line with estimates at -0.56T, showing an improvement from the prior figure of -0.60T.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 4:20 am

BTCUSD

A dormant Bitcoin (BTC) cache that had been inactive since 2012 has been activated. The Bitcoin, which appreciated over 240,000%, was moved through a series of transactions. The transactions involved moving 199.99 BTC, 185.12 BTC, 97.41 BTC, 276.22 BTC, and 151.15 BTC, totaling 24.48 million worth of BTC. The identity of the Bitcoin whale remains uncertain.

Portfolio Pulse from Mehab Qureshi

September 20, 2023 | 4:02 am

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies Bitcoin, Ethereum, and Dogecoin experienced a surge in anticipation of the Federal Reserve's decision. The global crypto market capitalization stands at $1.09 trillion, a 0.87% increase in the last day. Analysts suggest that Bitcoin holds a crucial level at $26,700-26,800 and rallies further. Bitcoin's surge can be attributed to the launch of an Adoption Fund by Nomura, Japan’s largest investment bank.

Portfolio Pulse from Mehab Qureshi

September 20, 2023 | 2:27 am

AI

AMD

GS

INTC

NVDA

QCOM

SPY

XLK

Goldman Sachs Research predicts AI investment to peak at $200 billion globally and $100 billion in the U.S. by 2025. The majority of AI investments will come from hardware investment and increased spending on AI-enabled software. The firm also believes the world is in a new technology cycle that will lead to further outperformance in the sector. The Technology Select Sector SPDR Fund (XLK) posted a 37% YTD increase, while the SPDR S&P 500 ETF Trust (SPY) saw a 16% surge. Notable players in the AI chips market include Qualcomm (QCOM), Nvidia (NVDA), Intel (INTC), Advanced Micro Devices (AMD), and C3.ai (AI).

Portfolio Pulse from Khyathi Dalal

September 19, 2023 | 11:07 pm

FTTUSD

Stanford University plans to return all donations it received from the insolvent cryptocurrency platform, FTX (CRYPTO: FTT) and its associated companies. This decision comes after a lawsuit was filed by FTX consultants, accusing the parents of FTX's co-founder and ex-CEO, Sam Bankman-Fried, of misusing their influence over the company to accumulate wealth. The university had received approximately $5.5 million in donations from businesses linked to FTX, mainly for pandemic-related prevention and research.

Portfolio Pulse from Murtuza Merchant

September 19, 2023 | 10:47 pm

COIN

The U.S. Securities and Exchange Commission (SEC) is intensifying its scrutiny of crypto platforms and decentralized finance (DeFi) entities, including Coinbase Global Inc. (NASDAQ:COIN) and Binance, for potential infringements of securities regulations. The SEC's Crypto Assets and Cyber Unit leader, David Hirsch, stated that the agency's concerns are not limited to prominent exchanges and that it will continue to bring charges against firms operating similarly to Coinbase and Binance.

Portfolio Pulse from Murtuza Merchant

September 19, 2023 | 10:06 pm

GD

General Dynamics has secured a $517.2M delivery order against a previously issued basic ordering agreement for the procurement and delivery of initial Virginia-class attack submarine spare parts.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 10:02 pm

META

Meta Platforms (NASDAQ:META) has outperformed the market over the past 10 years, producing an average annual return of 20.2%. If an investor had bought $100 of META stock 10 years ago, it would be worth $646.47 today.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 9:30 pm