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AMD

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TSLA

Cryptocurrencies like Bitcoin, Ethereum, and Dogecoin are gaining momentum as analysts predict a positive outlook for the altcoin market and a potential rise in Bitcoin's value to $70K. In the US markets, stocks such as Esperion Therapeutics and Masimo are moving higher in pre-market sessions, despite a fall in investor sentiment. Political developments include potential actions by Trump regarding a bankruptcy trigger and Biden's comments on Trump's golf skills. In technology, AMD and Nvidia show divergent premarket movements, while China plans to replace AMD and Intel chips and Microsoft Windows in state computers. Tesla faces scrutiny over its production and valuation, but also sees developments with its Cybertruck and team. Boeing's labor union seeks a board voice, and Cathie Wood's Ark invests further in Tesla while selling a Bitcoin-linked stock. Other notable mentions include developments in Ukraine, Facebook, Nissan's electrification plans, and energy sector movements.

Portfolio Pulse from Akanksha Bakshi

March 25, 2024 | 12:51 pm

SYRA

Syra Health reported its FY23 earnings with an EPS of $(0.60) compared to $(0.70) the previous year. Revenue slightly decreased to $5.5M from $5.6M YoY. Notably, business units excluding Healthcare Workforce grew by 250%, and Population Health and Digital Health saw significant revenue increases. Gross profit margin improved to 25.6% from 18.9%, and the company ended the year with $3.3M in cash and no long-term debt.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 12:47 pm

MSTR

MicroStrategy shares are trading higher due to the strength in Bitcoin, reflecting the company's significant investment in the cryptocurrency.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 12:47 pm

COIN

Coinbase shares are experiencing an uptick due to the positive momentum in Bitcoin prices.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 12:46 pm

LCID

Lucid Motors' stock (LCID) is experiencing an uptick following the announcement of a $1 billion investment from an affiliate of the Public Investment Fund (PIF).

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 12:34 pm

SPY

The Chicago Fed National Activity Index for February showed an improvement to 0.05 from a revised -0.54 in the previous month, indicating a positive shift in economic activity.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 12:31 pm

ASTL

Algoma Steel Group Inc. (NASDAQ:ASTL) provided fiscal Q4 2024 guidance, expecting steel shipments between 445,000-460,000 tons and Adjusted EBITDA of C$30M-C$40M. An unplanned outage at its blast furnace significantly impacted the quarter's performance. CEO Michael Garcia highlighted the recovery from the January incident, strong demand, rising market prices for Hot Rolled Coil, and the on-schedule Electric Arc Furnace project as key factors for future improvement.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 12:19 pm

CAMT

Camtek, a leading manufacturer, has received an order worth approximately $25 million from a Tier-1 manufacturer for High Bandwidth Memory. This significant order highlights Camtek's strong position in the market and its ability to attract large-scale projects from top-tier manufacturers.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 12:18 pm

AVAI

Avant Technologies announced plans to construct an AI-focused data center in Milwaukee, marking a significant expansion in its infrastructure to support growing AI demands.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 12:05 pm

LCID

Lucid Group has announced a significant $1 billion investment from a Public Investment Fund (PIF) affiliate, marking a substantial financial infusion into the electric vehicle manufacturer.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 12:02 pm