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AAPL

AVGO

BRK

TSM

Warren Buffett's Berkshire Hathaway has significantly reduced its Apple Inc (AAPL) holdings, selling nearly half of its shares over the first two quarters of 2024. Despite this, Apple remains Berkshire's largest public holding. Other hedge funds have mixed reactions: Jennison Associates and William Jones Wealth Management increased their Apple positions, while Coatue Management and Cerity Partners reduced theirs.

Portfolio Pulse from Aaron Bry

August 05, 2024 | 6:05 pm

TENK

TenX Keane Acquisition shares have been halted, and the stock has surged by 102.4%.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 5:11 pm

TENK

TenX Keane Acquisition shares were halted on a circuit breaker due to a significant price increase, with the stock now up 106.4%.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 5:04 pm

FBMS

RNST

Renasant Corp (NYSE:RNST) shares dropped after announcing a public offering and a deal with The First Bancshares Inc (NYSE:FBMS). Piper Sandler upgraded RNST from Neutral to Overweight, raising the price target from $35 to $40, citing improved scale and profitability.

Portfolio Pulse from Priya Nigam

August 05, 2024 | 4:03 pm

AAPL

BRK

CVX

Warren Buffett's Berkshire Hathaway has reduced its stake in Apple Inc., causing a drop in Apple's stock. This move is compared to Buffett's previous sell-off of Chevron shares, which led to Chevron's underperformance. Investors are advised to stay vigilant and reassess their strategies.

Portfolio Pulse from Surbhi Jain

August 05, 2024 | 3:56 pm

MSTR

MicroStrategy (NASDAQ:MSTR) shares are falling as Bitcoin drops below $50,000, driven by market volatility, geopolitical tensions, and other factors. MicroStrategy holds 226,500 bitcoins, making its stock highly susceptible to Bitcoin's price movements. The stock is set for a 1-for-10 reverse split on Aug. 8. Analysts have a positive outlook with an average 12-month price target of $2181.

Portfolio Pulse from Erica Kollmann

August 05, 2024 | 3:23 pm

TENK

TenX Keane Acquisition shares were halted on a circuit breaker due to a significant upward movement, with the stock now up 49.5%.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 3:16 pm

SPOT

Recent options activity for Spotify Technology (NYSE:SPOT) shows a bullish trend among significant investors, with 53% of trades being bullish. Analysts have mixed ratings, with price targets ranging from $230 to $430. The stock is currently priced at $317.15, down 4.14%.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 3:15 pm

AIXI

Xiao-I Corporation (NASDAQ:AIXI) announced a change in its ADS ratio from 1 ADS to 1/3 of an ordinary share to 1 ADS to 3 ordinary shares, effective around August 23, 2024. This change will have the same effect as a one-for-nine reverse ADS split.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 1:59 pm

DRH

DiamondRock Hospitality has filed a mixed securities shelf, though the size of the offering has not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 12:59 pm