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BABA

NVDA

RIVN

TSLA

Cryptocurrencies trade mixed as Dogecoin mirrors 2023 bull market patterns, and Bitcoin's potential post-halving correction could target $40K. Rivian rebounds in premarket trading. Analysts predict a pause in US stock rally and discuss potential impacts of a second Trump presidency. International tensions rise with US-China relations and covert operations in Ukraine. Tech sector sees Nvidia's upside potential and Alibaba's optimism, while electric vehicle companies like Tesla and Rivian make headlines. Broadcom nears a strategic sale, and financial deals include Ant Group's acquisition of Credit Suisse's China unit.

Portfolio Pulse from Akanksha Bakshi

February 26, 2024 | 1:46 pm

AAPL

GOOG

MSFT

In a recent court document, Google revealed that Microsoft had proposed to sell Bing to Apple in 2018, a deal that never materialized due to quality concerns from Apple. This disclosure is part of Google's ongoing antitrust case, highlighting competition in the search engine market. Despite Microsoft's significant investment in Bing, its market share remains low. However, Microsoft's collaboration with OpenAI could potentially enhance Bing's competitiveness.

Portfolio Pulse from Rounak Jain

February 26, 2024 | 11:41 am

META

SNAP

Instagram, owned by Meta Platforms Inc. (NASDAQ:META), is developing a 'Friends Map' feature similar to Snap Inc.'s (NYSE:SNAP) 'Snap Map', allowing users to share their location with friends. Discovered by mobile developer Alessandro Paluzzi, this feature aims to enhance user engagement on Instagram amid privacy concerns and competition. The feature includes end-to-end encryption, customizable sharing options, and a 'Ghost Mode'. This development occurs as Meta faces scrutiny over privacy policies and a $3.8 billion lawsuit in the U.K. for data collection practices.

Portfolio Pulse from Rounak Jain

February 26, 2024 | 8:58 am

BTCUSD

Andrew Tate, a controversial influencer facing legal charges, stated on the Rob Moore podcast that he will never launch a cryptocurrency, criticizing crypto trading as akin to gambling and not beneficial to society. Despite claiming to have made $60-70 million through crypto investments, Tate expressed a moral stance against launching his own crypto or investing in NFTs, aiming not to enrich 'dorks' involved in the crypto space. He also criticized the identity culture around cryptocurrency gains. Meanwhile, BTC was reported to be trading at $51,521, up 0.46%.

Portfolio Pulse from Mehab Qureshi

February 26, 2024 | 7:35 am

ETHUSD

MSTR

MicroStrategy Inc's (NASDAQ: MSTR) social media account was hacked, promoting a fake 'MSTR' Ethereum token airdrop, leading to a $440K loss for victims. The scam involved a fake website asking users to connect digital wallets to claim the nonexistent token. A single user lost over $420,000 in altcoins to this scam. The scam exploits MicroStrategy CEO Michael Saylor's positive stance on Bitcoin. Bitcoin and Ethereum's price actions were also mentioned, with Bitcoin slightly down and Ethereum up.

Portfolio Pulse from Mehab Qureshi

February 26, 2024 | 5:29 am

GOOG

GOOGL

Elon Musk criticized Google's delay in fixing racial and gender bias in its Gemini AI, stating it would now take a few months instead of immediate action as previously assured by a senior Google executive. Musk expressed concerns over the bias becoming less obvious yet more pernicious unless those responsible are removed from Google. He also highlighted the importance of Gemini AI in Google products and YouTube, and voiced dissatisfaction with Gemini's performance, including its failure to generate accurate images and its refusal to produce certain images.

Portfolio Pulse from Ananya Gairola

February 26, 2024 | 5:16 am

MSFT

Elon Musk criticized Microsoft for requiring a Microsoft account to use a new PC, implying it compromises user privacy by giving Microsoft AI access to the computer. He expressed frustration over the lack of an option to bypass account creation, a sentiment echoed by tech YouTuber Lex Fridman. Musk's concerns highlight ongoing tensions between him and Microsoft, especially regarding AI development and the relationship with OpenAI.

Portfolio Pulse from Ananya Gairola

February 26, 2024 | 1:31 am

ALCPF

This week's top economic news includes concerns among Japanese businesses about a potential Trump return, IRS targeting wealthy Americans for tax evasion, Taiwanese chip firms expanding in Japan due to US-China decoupling, Saudi Arabia's financial strains from development projects, and Indonesia's 'Swiftonomics' tourism strategy. Notably, Alchip Techs (OTC:ALCPF) is moving R&D from China to Japan amid semiconductor industry shifts.

Portfolio Pulse from Benzinga Neuro

February 25, 2024 | 12:03 pm

AAPL

SSNLF

This week in Apple Inc. (NASDAQ:AAPL) news included a Supreme Court victory over VirnetX, avoiding $502.8 million in damages, advice against using rice for wet iPhones, a potential Apple Pencil upgrade with interchangeable sleeves, topping hardware reliability charts over Samsung Electronics Co Ltd. (OTC:SSNLF), and security concerns with a counterfeit app on the App Store.

Portfolio Pulse from Benzinga Neuro

February 25, 2024 | 5:25 am

TSLA

Elon Musk, after acquiring X (formerly Twitter), is defending his approach to free speech on the platform, amidst growing backlash and concerns from advertisers like Apple Inc. and Disney. Musk's stance, emphasizing a broad range of speech, has led to criticism and legal challenges, but he remains committed to protecting users' rights to express themselves. This controversy has raised concerns about potential impacts on Musk's other ventures, notably Tesla Inc (NASDAQ:TSLA).

Portfolio Pulse from Bibhu Pattnaik

February 24, 2024 | 6:40 pm