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BRK/A

BRK/B

OXY

Warren Buffett, in a letter, stated that Berkshire Hathaway plans to maintain its investment in Occidental Petroleum indefinitely, indicating a long-term commitment to OXY.

Portfolio Pulse from Charles Gross

February 24, 2024 | 1:17 pm

AMZN

GOOG

MSFT

NVDA

Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang, in an interview with Wired, acknowledged the intense competition in the AI industry from major tech companies like Microsoft Corp. (NASDAQ:MSFT), Amazon.com Inc. (NASDAQ:AMZN), and Alphabet Inc.'s Google (NASDAQ:GOOG), among others. Despite this, Huang remains confident in Nvidia's leadership in AI, highlighting its 70% market share and the company's potential to become the first semiconductor firm with a $2 trillion valuation. Huang's optimism is supported by Nvidia's strong position in AI supercomputers and its $1 billion annualized revenue run rate in software and services.

Portfolio Pulse from Rounak Jain

February 24, 2024 | 8:25 am

MDB

NVDA

PLTR

SNOW

Wedbush Securities analyst Dan Ives predicts a tech bull market driven by AI, with Nvidia at the forefront, continuing into 2025. Ives highlights the significant potential for AI infrastructure spending to benefit companies like MongoDB, Palantir, and Snowflake. He sees supply and regulatory issues as temporary, anticipating a '1995 Moment' for the tech sector with $1 trillion of incremental spending over the next decade.

Portfolio Pulse from Erica Kollmann

February 23, 2024 | 10:32 pm

ARKK

NVDA

PATH

TSLA

TWLO

Cathie Wood's Ark Invest sold its Nvidia (NVDA) shares too early, missing out on a potential $506.8 million profit as Nvidia's stock price surged. Despite this, Wood remains optimistic about AI's growth, highlighting Tesla (TSLA), UiPath (PATH), and Twilio (TWLO) as potential long-term winners. Nvidia remains part of several Ark ETFs, including ARKW, ARKG, ARKF, and ARKQ, albeit no longer in the flagship ARKK fund.

Portfolio Pulse from Chris Katje

February 23, 2024 | 9:30 pm

ZION

Scott Anderson, the President and CEO of Zions Bank, a part of Zions Bancorporation, will retire from his managerial roles according to an SEC filing. He will transition to a non-executive chairman position.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 9:21 pm

BNTC

Benitec Biopharma has filed for a mixed shelf offering with the SEC, allowing it to issue up to $125 million in securities. This move could provide the company with flexible financing options for future growth, but also signals potential dilution for current shareholders.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 9:14 pm

CELU

Celularity has announced a 1-for-10 reverse stock split, a move typically aimed at increasing the market price of a company's shares. This action could affect the stock's liquidity and market perception.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 9:11 pm

NBSE

Neubase Therapeutics' board decided on Feb 22 to dissolve, liquidate, and distribute its available assets to stockholders, following an evaluation of potential strategic and other alternatives, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 9:07 pm

CPHI

China Pharma Holdings has announced a 1-for-5 reverse stock split, a move typically aimed at increasing the market price of a company's shares. This action could affect the stock's liquidity and market perception.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 9:06 pm

ATI

ATI has filed for a mixed shelf offering according to an SEC filing, though the size of the offering has not been disclosed. This move allows ATI to potentially raise capital by issuing various types of securities in the future.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 9:03 pm