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BTC

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TSLA

Tesla, Inc. (NASDAQ:TSLA) maintained its Bitcoin (NYSE:BTC) position in Q2 2023, with no transactions in buy or sale. The company's balance sheet showed it held $184 million in digital assets, unchanged from the previous two quarters. Tesla's CFO Zachary Kirkhorn attributed the lack of activity to the uncertainty of COVID-19 lockdowns in China. However, he stated the company is open to increasing its Bitcoin holdings in the future. CEO Elon Musk expressed his preference for Dogecoin (CRYPTO: DOGE) over Bitcoin due to its better transaction value.

Portfolio Pulse from Shanthi Rexaline

July 20, 2023 | 7:29 am

VGK

WEAT

The European Union's Foreign Policy Chief, Josep Borrell, has stated that Russia's withdrawal from a grain deal is causing a global food crisis.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 7:25 am

EWA

Australia's S&P/ASX 200 index closed 0.02% higher at 7,325.00, with the financial sector performing the best and healthcare the worst. The country reported strong employment data, with June's employment change at 32.6K, better than the expected 15.0K, and the unemployment rate at 3.5%, lower than the expected 3.6%. The AUD/USD was up 0.69% to 0.6821.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 6:58 am

BBJP

DXJ

EWJ

Japan's Nikkei 225 index declined by 1.23% to end the session at 32,490.52, following weaker than expected trade data for June. The USD/JPY was also down by 0.05% to 139.60.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 6:34 am

DOGEUSD

TSLA

TWTR

Elon Musk, CEO of Twitter and Tesla Inc., caused a surge in Dogecoin's valuation with a tweet, leading to a 3% increase in market capitalization (about $320 million). This is not the first time Musk's tweets have impacted Dogecoin's value. However, his influence has led to legal issues, with a group of Dogecoin investors filing a lawsuit alleging market manipulation.

Portfolio Pulse from Benzinga Neuro

July 20, 2023 | 4:40 am

EWJ

Japan's adjusted trade balance has improved, coming in at -0.55T compared to the estimated -0.90T and the previous -0.78T.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 3:57 am

BTCUSD

Nassim Nicholas Taleb, author of 'Black Swan', criticized the investment in Non-Fungible Tokens (NFTs), calling it a sign of a 'mental deficit'. He pointed out the sinking valuation of the NFT of Jack Dorsey's maiden tweet, which was sold for $2.9 million in March 2021, but the most recent bid was $1.14. Taleb's critique comes as the NFT market has seen a significant slump, with the average price of an NFT sale falling by 92% in two months, from May to July 2022.

Portfolio Pulse from Benzinga Neuro

July 20, 2023 | 1:44 am

AAPL

BRK-A

BRK-B

BTCUSD

DOGEUSD

ETHUSD

SPY

TSLA

The Powerball jackpot has reached $1 billion, making it the third largest in the game's history. The cash payout is $516.8 million, which after federal taxes of 24%, would be $392,768,000. The article suggests 10 ways the winner could spend or invest the money, including buying shares in the SPDR S&P 500 ETF Trust (SPY), Berkshire Hathaway Inc (BRK-A, BRK-B), Apple Inc (AAPL), and Tesla Inc (TSLA), or investing in cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE).

Portfolio Pulse from Chris Katje

July 19, 2023 | 11:00 pm

ALB

Albemarle has agreed to amend the terms of a transaction with Mineral Resources Limited, taking 100% ownership of the Kemerton lithium hydroxide processing facility in Australia. The facility was previously jointly owned through the MARBL joint venture.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 10:09 pm

SIL

SILJ

UNG

VXX

Small-Cap ETFs have seen significant changes in their returns this week. ETFMG Prime Junior Silver Miners Fund (SILJ) and Global X Silver Miners ETF (SIL) have both seen an increase of 11.23% over the trailing week. On the other hand, iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) and United States Natural Gas Fund LP (UNG) have seen a decrease of 7.81% and 11.64% respectively.

Portfolio Pulse from Johnny Rice

July 19, 2023 | 9:52 pm