Streetbeat News

Marketing

DOGEUSD

SHIBUSD

Dogecoin (DOGE) has seen a 5% increase over the past week, regaining its position in the crypto top 10 with a market cap of $12.2 billion. Analysts predict a potential breakout above $0.09, aiming for $0.10 by the end of February. Significant transactions and a bullish sentiment in the memecoin sector contribute to the positive outlook. Meanwhile, Dogecoin's visibility is further enhanced by interactions between its founder and notable figures like Stephen King and Elon Musk.

Portfolio Pulse from Khyathi Dalal

February 16, 2024 | 10:25 pm

CMCSA

DIS

DKNG

NKE

PARA

Tiger Woods' return to golf in 2024, starting with the Genesis Invitational, is seen as beneficial for the sport and the sports betting sector. DraftKings CEO Jason Robins highlighted the positive impact Woods' participation could have on golf interest and betting. Woods, who recently launched a new apparel brand with TaylorMade after ending his sponsorship with Nike, is competing in his first official tournament since April. The event is broadcasted by media partners including Walt Disney Co, Paramount Global, and Comcast Corporation, with DraftKings offering various betting odds on Woods' performance.

Portfolio Pulse from Chris Katje

February 16, 2024 | 10:25 pm

BTCUSD

META

NVDA

TSLA

Bitcoin surpassed $50,000, reaching a $1-trillion market valuation after SEC approval for a Bitcoin ETF. Nvidia outpaced Amazon and Alphabet, becoming the third-largest U.S. company. Inflation reports led to reassessment of Fed rate cuts, affecting tech stocks. AI investment is predicted to reach $1 trillion in 10 years, with Nvidia at the forefront. Tesla's stock may rise due to stable pricing and Full Self-Driving adoption. The top seven U.S. tech giants' stocks surged 140%, raising bubble concerns. Wealth migration to tax-favorable states is noted, and Zuckerberg praised Meta's Quest 3 over Apple's Vision Pro.

Portfolio Pulse from Piero Cingari

February 16, 2024 | 9:29 pm

DKNG

DraftKings Inc (NASDAQ:DKNG) CEO Jason Robins reported a significant increase in female bettors, attributing this growth to the success of Caitlin Clark and the Iowa Hawkeyes women's basketball team, as well as Taylor Swift's influence through her relationship with NFL star Travis Kelce. DraftKings has seen a 9x to 10x increase in betting handle year-over-year on women's basketball, with specific prop bets related to Swift and Kelce also attracting attention.

Portfolio Pulse from Chris Katje

February 16, 2024 | 9:07 pm

MDLZ

Mondelez International, Inc. is restructuring its European operations in response to boycotts stemming from its continued business activities in Russia, as reported by Reuters citing an internal memo. The company is facing backlash for not withdrawing from the Russian market following the country's military actions, leading to calls for boycotts that have prompted this strategic shift.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 7:01 pm

MSFT

Microsoft Corp. (NASDAQ:MSFT) has announced an Xbox Showcase event for June 2024, promising major game releases and potential hardware reveals, including console refreshes and a new handheld console. The event will feature titles from Activision Blizzard and Bethesda, alongside new controller options like the Sebile controller.

Portfolio Pulse from Franca Quarneti

February 16, 2024 | 5:28 pm

DKNG

DraftKings CEO Jason Robins appeared live on CNBC to discuss the company's earnings report. The discussion likely covered financial performance, future outlook, and possibly strategic initiatives following the earnings announcement.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 4:22 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for February 16th, 2024, provides a trade strategy for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA, based on a proprietary formula considering price, volume, and options flow. It outlines potential bullish and bearish price levels for each asset, emphasizing the importance of monitoring these stocks for breakouts or reversals. The trading session is expected to be volatile due to PPI numbers, MOPEX Friday, and speeches from FOMC members. The memo is part of exclusive content offered to Market Clubhouse members, including daily market analysis and live trading insights.

Portfolio Pulse from RIPS

February 16, 2024 | 3:37 pm

VFS

VinFast Auto has partnered with five dealers in Indonesia to expand its distribution network and strengthen its brand globally. The agreements were signed at the Indonesia International Motor Show 2024, marking VinFast's entry into the Indonesian market with dealers GSU, BAM, GNA, MCA, and Majesty. These dealers will start selling VinFast's electric vehicle models VF 5, VF e34, VF 6, and VF 7 later this year. This expansion is part of VinFast's strategy to become the preferred electric vehicle brand in Indonesia and support the zero-emission transportation revolution.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 1:18 pm

RIVN

Rivian Automotive Inc. (NASDAQ:RIVN) is developing customizable interior ambient lighting for its R1 model, akin to Tesla's refreshed Model 3. This feature was confirmed in response to a user's request on X, showcasing Rivian's focus on enhancing user experience and personalization. The company demonstrated this capability by changing the interior lighting to orange for Halloween 2023. This development is part of Rivian's strategy to compete in the electric vehicle market by offering features comparable to those in vehicles like the Porsche Taycan and Kia EV6, despite the R1's higher price point.

Portfolio Pulse from Anan Ashraf

February 16, 2024 | 12:22 pm