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BRK

QQQ

Edward Snowden highlighted Warren Buffett's investment success, contrasting it with the stock performance of members of Congress like Dan Meuser, Nancy Pelosi, and others. He pointed out that while Berkshire Hathaway has seen an average annual return of 20.0%, some Congress members have shown higher returns. Additionally, the Invesco QQQ Trust Series 1, tracking the Nasdaq 100, has outperformed with a 50.74% return over one year. Snowden's comments come amid discussions on congressional stock trading activities.

Portfolio Pulse from Benzinga Neuro

April 01, 2024 | 3:30 am

CMS

EMR

Morgan Stanley's top fund manager, Aaron Dunn, has identified CMS Energy Corporation (NYSE:CMS) and Emerson Electric (NYSE:EMR) as stocks that could benefit from the increasing power demands of AI. Dunn highlighted the utility sector's potential, especially focusing on renewable energy, which aligns with the green energy initiatives of major cloud computing players. The growing electricity needs of AI servers and data centers, consuming significant amounts of power, underscore the importance of sustainable energy solutions in the tech and energy sectors.

Portfolio Pulse from Benzinga Neuro

April 01, 2024 | 3:27 am

MNDR

Mobile-health Network Solutions (NASDAQ:MNDR) is set to go public on April 3, 2024, with a price band of $4.00 to $5.00 and an offering of 2,250,000 shares at $4.50 each. The company will have a 180-day insider lock-up period post-IPO. IPOs allow companies to raise capital by offering shares on exchanges, requiring SEC compliance and investment bank collaboration for pricing and offering details.

Portfolio Pulse from Benzinga Insights

March 31, 2024 | 9:43 pm

BTCUSD

Economist Peter Schiff critiqued Bitcoin's comparison to gold, noting that while Bitcoin reached new highs in dollar terms, it hasn't set new highs when priced in gold. This observation challenges the notion of Bitcoin as 'digital gold.' Despite this, Bitcoin has seen significant gains, with a 67% increase this quarter following a 155% increase in 2023, partly due to SEC approval for Bitcoin ETFs. Gold also ended the quarter at a record high, suggesting both assets are currently performing well.

Portfolio Pulse from Shanthi Rexaline

March 31, 2024 | 7:34 pm

BTCUSD

COIN

Hedge fund manager Mark Yusko predicts Bitcoin (BTC) will surpass $150,000 in 2024, doubling its current value. He suggests allocating 1% to 3% of portfolios to Bitcoin, citing it as a superior alternative to gold. Yusko highlights the upcoming Bitcoin halving and the introduction of Bitcoin ETFs as bullish catalysts, expecting a supply shock and significant price increases post-halving. Yusko's firm also holds exposure to Coinbase.

Portfolio Pulse from Bibhu Pattnaik

March 31, 2024 | 6:32 pm

AMZN

META

MSFT

TSLA

This week in AI featured major developments from industry leaders like Elon Musk's xAI, Tesla, Meta Platforms, and Microsoft. Musk announced Grok 2, aiming to outperform competitors. Tesla is hiring for its Optimus Humanoid Robot, indicating a potential launch. Zuckerberg is personally recruiting AI talent from Google's DeepMind for Meta. Speculation about an AI bubble involves Nvidia, Amazon, and Microsoft, with warnings from analyst Richard Windsor. Microsoft's stock is predicted to rise due to its AI advancements.

Portfolio Pulse from Benzinga Neuro

March 31, 2024 | 5:16 am

COIN

DOGEUSD

ETHUSD

SHIBUSD

The cryptocurrency market had an eventful week with Dogecoin's pre-Doge Day rally, Ethereum's co-founder Vitalik Buterin commenting on the Metaverse, Edward Snowden's prediction on the SEC's case against Coinbase, a trader's significant profit from Dawkoin, and Shiba Inu's strong comeback. Dogecoin saw a 40% increase in weekly gains, Ethereum's co-founder criticized the current understanding of the Metaverse, Snowden supported Coinbase against the SEC, a trader turned $3K into $215K with Dawkoin, and Shiba Inu's burn rate soared by 17,197%.

Portfolio Pulse from Benzinga Neuro

March 31, 2024 | 4:59 am

DOGEUSD

Over 264 million Dogecoin (DOGE) were transferred in significant transactions involving Robinhood, sparking market interest. A transfer of 200 million DOGE to Robinhood and a subsequent transfer of 64 million DOGE from Robinhood to an unknown wallet were highlighted. These movements coincide with Dogecoin's strong market performance, with a nearly 29% increase in the last week, amid broader interest in meme coins and speculation about Dogecoin's integration into X's payment system.

Portfolio Pulse from Bibhu Pattnaik

March 30, 2024 | 12:20 pm

MSFT

Microsoft Corp. (NASDAQ:MSFT) and OpenAI are collaborating on a $100 billion supercomputer project named 'Stargate', expected to launch in 2028. The project aims to build the largest AI supercomputer, requiring extensive land and power resources. This initiative is part of a broader race for AI dominance, with Microsoft also making strategic hires and acquisitions to strengthen its AI capabilities.

Portfolio Pulse from Rounak Jain

March 30, 2024 | 7:30 am

WDAY

Over the past decade, Workday (NASDAQ:WDAY) has delivered an average annual return of 12.51%, outperforming the market by 1.77% annually. A $100 investment in WDAY 10 years ago would be worth $295.92 today, showcasing the impact of compounded returns on investment growth. Workday's market capitalization currently stands at $71.49 billion.

Portfolio Pulse from Benzinga Insights

March 29, 2024 | 9:30 pm