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Last week in consumer tech saw Amazon's Q1 FY24 sales surpass expectations, Microsoft and Sony enhancing gaming offerings, Ubisoft and Nintendo announcing new game details, and Apple facing challenges with iPhone sales and AI advancements. Elon Musk criticized Meta and highlighted X's design overhaul. Palantir's CEO made controversial remarks, and the EU considered a TikTok ban. Amazon's AI business achieved a multibillion-dollar revenue rate, while Apple teased future AI developments.

Portfolio Pulse from Lekha Gupta

May 06, 2024 | 2:41 am

BTCUSD

DOGEUSD

SOLUSD

The article discusses the reasons behind the growing fatigue among cryptocurrency investors, highlighting the emotional rollercoaster caused by the volatile crypto market. It mentions Tesla's adoption of Dogecoin (DOGE), the performance of Bitcoin (BTC), and the rise of meme coins like dogwifhat (WIF) and Solana (SOL). Despite the market's ups and downs, the article advises against giving up on crypto, citing long-term trends and offering tips from experienced traders on managing the emotional challenges of crypto investing.

Portfolio Pulse from Ivan Crnogatić

May 05, 2024 | 6:53 pm

HIMS

Hims & Hers Health Inc. (NYSE:HIMS) stock dropped 8% after CEO Andrew Dudum expressed support for pro-Palestinian protesters, causing controversy. The stock slightly recovered by 0.89% in after-hours trading. Dudum's comments on X (formerly Twitter) have drawn criticism from notable figures. Prior to this, the company had bullish investor sentiment and a positive analyst outlook, but this incident could affect future projections.

Portfolio Pulse from Bibhu Pattnaik

May 05, 2024 | 3:01 pm

INTC

META

PLTR

TSLA

This week in AI news, Elon Musk and Mark Zuckerberg were noted for their absence from a new AI Safety Institute, while Cathie Wood's Ark Invest made significant trades in Palantir and Meta Platforms. Intel Corp gained popularity among Redditors despite setbacks, and tech reviewer MKBHD reviewed the Rabbit R1 AI device critically. Musk expressed mixed feelings about AI investment, responding to forecasts by Peter Diamandis.

Portfolio Pulse from Benzinga Neuro

May 05, 2024 | 11:00 am

DOGEUSD

TSLA

Tesla Inc. (NASDAQ:TSLA) has officially adopted Dogecoin (CRYPTO: DOGE) as a payment option for merchandise on its online platform, causing a surge in DOGE's value by over 21%. This move, hinted at future expansions, marks another significant step in Elon Musk's support for the meme cryptocurrency, which has previously led to notable fluctuations in DOGE's market price.

Portfolio Pulse from Bibhu Pattnaik

May 04, 2024 | 5:46 pm

DOGE

SHIB

TRUMP

MAGA Memecoin (CRYPTO: TRUMP), a Trump-themed cryptocurrency, is gaining attention as the 2024 election approaches, with its chief marketing officer, Steven Steele, suggesting its value could rise with Donald Trump's potential re-election. The coin, which has donated over $1 million in Ethereum to charity, aims to rival Dogecoin and Shiba Inu in popularity. Despite competition from other political meme coins like BODEN, Steele remains optimistic about TRUMP's prospects. Donald Trump's changing stance on cryptocurrencies and his significant holding in TRUMP add to the coin's visibility.

Portfolio Pulse from Ivan Crnogatić

May 04, 2024 | 5:08 pm

DIS

META

May 4, known as 'Star Wars Day,' is celebrated by fans worldwide, with The Walt Disney Company (NYSE:DIS) releasing new content and products. Disney acquired the Star Wars franchise in 2012 and continues to expand its universe with new shows on Disney+ and theatrical releases. This year, Disney is releasing six new episodes of 'Tales of the Empire' on Disney+ and re-releasing 'Star Wars: Episode I – The Phantom Menace' in theaters. Upcoming content includes 'The Acolyte,' 'Skeleton Crew,' a second season of 'Andor,' and 'Ahsoka.' The next theatrical release, 'The Mandalorian & Grogu,' is set for May 22, 2026. Additionally, Meta Platforms (NASDAQ:META) celebrates the day with a 66% discount on 'Star Wars Pinball VR' for the Meta Quest headset.

Portfolio Pulse from Chris Katje

May 04, 2024 | 1:21 pm

AAPL

AMC

BTC

SBUX

TSLA

Benzinga's analysis highlights market optimism following Federal Reserve Chair Jerome Powell's hint at pausing interest rate hikes, contributing to gains in major indices. Bullish views include Tesla's potential rise due to short sellers and Apple's positive outlook post-Q2 earnings. Bearish perspectives focus on AMC's debt concerns, Bitcoin's need for privacy enhancements, and Starbucks' sales challenges. Notably, Shiba Inu is predicted to experience a bullish breakout, contrasting with the cautious stance on AMC and the urgent privacy call for Bitcoin.

Portfolio Pulse from Michael Cohen

May 04, 2024 | 12:53 pm

BRK

Warren Buffett's annual shopping event for Berkshire Hathaway Inc. shareholders has begun, featuring products from its companies like Brooks Running, See's Candies, and Jazwares. The event, held at the CHI Health Center, showcases over 50,000 items including Squishmallows of Buffett and Munger, and a special edition of 'Poor Charlie's Almanack.'

Portfolio Pulse from Anan Ashraf

May 04, 2024 | 11:01 am

TSLA

Elon Musk praised a Tesla Cybertruck wrap inspired by the World War 2 P-51 Mustang Bomber, designed by Unplugged Performance for entrepreneur Alejandro Salomon. The custom wrap, featuring hand-drawn details and complemented with 20-inch UP-03 Beadlock wheels and BFG KO3 tires, was highlighted near Tesla's design center. Tesla offers its own wraps through its online shop, with prices ranging from $5000 to $6500, while third-party customizers provide more personalized options.

Portfolio Pulse from Anan Ashraf

May 04, 2024 | 2:52 am