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NVDA

This week in AI saw significant developments including Elon Musk's reaction to Nvidia's soaring market cap, Michael Burry's AI investment picks, and Nvidia's strong Q1 performance. Musk also commented on social media's impact on kids and advocated for Linux over Microsoft's new Windows AI feature.

Portfolio Pulse from Benzinga Neuro

May 26, 2024 | 12:00 pm

BA

GME

LYV

NVDA

QQQ

Benzinga reviewed the performance of popular stocks and cryptocurrencies over the past week. Tech stocks in the Nasdaq 100, tracked by the Invesco QQQ Trust (NASDAQ:QQQ), reached new highs. Nvidia (NASDAQ:NVDA) soared past $1,000 per share after strong Q1 results. GameStop (NYSE:GME) faced potential volatility due to influencer activity. Live Nation (NYSE:LYV) was hit by an antitrust lawsuit, and Boeing (NYSE:BA) forecasted negative cash flow for 2024.

Portfolio Pulse from Michael Cohen

May 25, 2024 | 1:24 pm

GME

Jim Cramer, who previously criticized GameStop (NYSE:GME), now expresses a positive outlook after the company raised $933.4 million through an equity offering. GameStop's stock surged following the announcement.

Portfolio Pulse from Ananya Gairola

May 25, 2024 | 5:49 am

AMC

ETH

GME

NVDA

QQQ

TAN

Tech stocks, led by Nvidia, propelled the Nasdaq 100 to record highs, while solar stocks surged due to increased tariffs on Chinese imports. Meme stocks like GameStop and AMC declined, and the SEC approved steps towards Ethereum ETFs.

Portfolio Pulse from Piero Cingari

May 24, 2024 | 8:29 pm

TOST

Wedbush analyst Moshe Katri initiated coverage on Toast Inc (NYSE:TOST) with an outperform rating and a price target of $30. Toast reported Q1 revenue of $1.075 billion, beating estimates, and is expected to achieve significant EBITDA growth in FY24 and FY25. The company is well-positioned for expansion in the U.S. and international markets.

Portfolio Pulse from Shivani Kumaresan

May 24, 2024 | 8:26 pm

COST

LRCX

MPC

PLTR

TDG

Benzinga's 'Stock Whisper' Index for the week of May 24 highlights five stocks: Lam Research Corporation (LRCX), Marathon Petroleum Corporation (MPC), TransDigm Group (TDG), Costco Wholesale Corporation (COST), and Palantir Technologies (PLTR). These stocks are gaining attention due to various factors such as strong earnings, acquisitions, and potential S&P 500 inclusion.

Portfolio Pulse from Chris Katje

May 24, 2024 | 8:20 pm

INCR

InterCure (NASDAQ:INCR) is poised for significant growth due to potential U.S. cannabis rescheduling and expanding demand in Germany. Despite recent disruptions, the company is expected to rebound with double-digit growth in 2024. InterCure's strategic value lies in its expertise in pharmaceutical cannabis and its ability to produce quality products at scale. The company is expanding internationally, with plans to enter the German market by mid-2024 and potential acquisitions in Australia.

Portfolio Pulse from Nicolás Jose Rodriguez

May 24, 2024 | 8:13 pm

CRM

INTU

WDAY

Salesforce shares are trading lower, possibly in sympathy with Workday and Intuit, which fell after reporting quarterly results.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 7:49 pm

NTES

NetEase shares are trading lower after the company reported worse-than-expected Q1 revenue.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 7:47 pm

IWM

NVDA

QQQ

SPY

Major indexes are higher following strong earnings from NVIDIA this week.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 7:36 pm