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AMD

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TSM

Gene Munster, a tech analyst, highlighted the potential impact of a recent earthquake in Taiwan on AI development due to production challenges at Taiwan Semiconductor Manufacturing Co. (TSMC). The 7.2-magnitude earthquake forced TSMC to halt chip production temporarily, raising concerns about the future of AI as TSMC is a crucial supplier for major companies like Apple, Nvidia, and AMD. Munster's comments draw attention to the vulnerability of AI's development to geopolitical tensions and the importance of diversifying chip manufacturing locations.

Portfolio Pulse from Sudhanshu Singh

April 04, 2024 | 1:26 am

LINK

TIA

Renowned crypto analyst Michaël van de Poppe shared his top 10 altcoin picks, highlighting buying opportunities amid a market dip. He emphasized the potential for gains despite a Bitcoin correction, noting altcoins like Chainlink and Celestia as top opportunities. Other promising altcoins include Arbitrum, Polkadot, Cosmos, DYDX, WooNetwork, Sei, Skale Network, and Covalent.

Portfolio Pulse from Khyathi Dalal

April 03, 2024 | 11:13 pm

BNBUSD

BTCUSD

EOSUSD

SHIBUSD

XRPUSD

A study by Bombastic.com using Google search data revealed Michigan's most popular cryptocurrencies, with Bitcoin (BTC) leading, followed by Binance Coin (BNB), Ripple (XRP), EOS, and Shiba Inu (SHIB). The study highlights the diverse interests of Michigan residents in both established and emerging cryptocurrencies.

Portfolio Pulse from Murtuza Merchant

April 03, 2024 | 10:21 pm

ARB

MATIC

OP

SOL

STX

A CoinGecko report highlights meme coins as the most profitable crypto narrative in Q1 2024, with a 1312.6% average price increase. New tokens like BRETT and BOME saw significant gains, while AI and DeFi narratives also experienced growth. Established Layer 2 solutions like Arbitrum, Polygon, and Optimism underperformed against newcomers Stacks and Mantle.

Portfolio Pulse from Murtuza Merchant

April 03, 2024 | 9:31 pm

ALL

Allstate (NYSE:ALL) has delivered an average annual return of 11.99% over the past 10 years, outperforming the market by 1.12% on an annualized basis. With a current market capitalization of $45.74 billion, a $100 investment in ALL 10 years ago would be worth $311.07 today.

Portfolio Pulse from Benzinga Insights

April 03, 2024 | 9:30 pm

CTSH

Cognizant Tech Solns (NASDAQ:CTSH) has delivered an average annual return of 13.34% over the past 20 years, turning a $100 investment into $1,224.11 today. The company's market capitalization stands at $35.76 billion.

Portfolio Pulse from Benzinga Insights

April 03, 2024 | 9:30 pm

ABAT

AU

FEAM

X

5E Advanced Materials (FEAM) launched operations at its Boron Americas Complex, aiming to produce boric acid and lithium carbonate. Gold Fields (AU) began gold production at Salares Norte, expecting significant output and efficiency. U.S. Steel (X) partnered with CarbonFree to implement CO2 capture technology, supporting low-emission steel production. American Battery Technology (ABAT) received a $20 million grant for battery materials manufacturing and recycling, enhancing U.S. critical material infrastructure.

Portfolio Pulse from Austin DeNoce

April 03, 2024 | 9:23 pm

BTCUSD

Charles Edwards, founder of Capriole Investments, emphasized the importance of monitoring specific Bitcoin cycle top signals over focusing on price targets. He listed several key metrics such as Supply Delta, Long-term Holder Inflation Rate, Hodler Growth Rate, Bitcoin Heater, and Mayer Multiple, among others, to watch for signs of a Bitcoin cycle top. Edwards noted that 30% of these metrics are at high risk, underscoring the need for vigilance in the volatile Bitcoin market. He advised against expecting the next cycle top to mirror the last, highlighting the dynamic nature of the crypto market.

Portfolio Pulse from Khyathi Dalal

April 03, 2024 | 9:11 pm

META

Meta Platforms (NASDAQ:META) has delivered an average annual return of 23.33% over the past 5 years, outperforming the market by 10.76%. An initial investment of $1000 in META 5 years ago would be worth $2,896.82 today, with the company now having a market capitalization of $1.29 trillion.

Portfolio Pulse from Benzinga Insights

April 03, 2024 | 9:01 pm

ACM

AECOM (NYSE:ACM) has delivered an average annual return of 25.96% over the past 5 years, outperforming the market by 13.39%. A $1000 investment in ACM 5 years ago would now be worth $3,110.05. The company currently has a market capitalization of $13.30 billion.

Portfolio Pulse from Benzinga Insights

April 03, 2024 | 9:00 pm