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TSLA

Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management and a Tesla investor, expressed concerns about the potential negative impact of Elon Musk's 'extreme' behavior on Tesla's sales. Gerber believes that while some consumers will continue to buy Tesla for its value, others may be deterred by Musk's actions and opt for other EV brands. Despite this, Gerber remains bullish on Tesla in the long term. A recent study suggests that Musk's behavior has little to no impact on many consumers' decisions to buy Tesla vehicles, with some even more inclined to purchase due to Musk.

Portfolio Pulse from Anan Ashraf

December 29, 2023 | 1:01 pm

FSR

Fisker has reported a significant increase in deliveries, with over 300% growth from Q3 to Q4. The company produced 10,142 Fisker Oceans in 2023 and delivered approximately 4,700 vehicles. In January, Fisker plans to announce a strategy to boost sales and deliveries, leveraging production capabilities and strong demand for the Fisker Ocean SUV. The company will also ramp up test-drive events in the US and Europe, as these have led to higher sales rates post-test drives. Customers have praised the Ocean's ride, handling, and unique features after experiencing it.

Portfolio Pulse from Benzinga Newsdesk

December 29, 2023 | 11:34 am

AMZN

CMCSA

NFLX

NKE

Former President Barack Obama shared his favorite movies of 2023, including three produced by his company Higher Ground and streamed on Netflix. The list features a mix of theatrical releases, streaming movies, and independent films. 'Leave the World Behind' on Netflix received notable attention. 'Oppenheimer' was the fourth highest-grossing movie domestically. Focus Features, a unit of Comcast, had three films on the list, while 'Barbie', the highest-grossing film, was absent.

Portfolio Pulse from Chris Katje

December 28, 2023 | 11:00 pm

SDIG

Stronghold Digital Mining is reportedly picked by Zacks Home Run Investor Newsletter, which may influence investor interest and stock performance.

Portfolio Pulse from Benzinga Newsdesk

December 28, 2023 | 4:54 pm

AAPL

DIS

GOOG

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo provides daily trade strategies for SPY, QQQ, AAPL, MSFT, GOOGL, META, TSLA, and NVDA, based on a proprietary formula considering price, volume, and options flow. The memo outlines potential price targets and support levels for each asset, suggesting traders be vigilant and ready to adjust strategies in response to market movements. Upcoming employment data and Treasury auctions may add volatility. The memo is part of a service offered by Market Clubhouse, which includes live market analysis and trading mentorship by a professional trader known as RIPS.

Portfolio Pulse from RIPS

December 28, 2023 | 3:51 pm

ALEAF

BUD

TCNNF

TLRY

The most-read cannabis stories of 2023 on Benzinga included a range of topics from the benefits of cannabis for aging brains, political shifts towards legalization, and high-profile celebrity endorsements. Key highlights include a study suggesting cannabis does not negatively impact cognition in older adults, Elon Musk's comments on psychoactive drugs, a man ditching morphine for marijuana to alleviate arthritis, Aleafia Health's expansion into Europe's medical cannabis market, a pathogen threatening California's cannabis crops, Florida's telehealth renewals for medical marijuana, GOP senators admitting legalization impacts drug cartels, Tilray's acquisition of beer brands from Anheuser-Busch, Snoop Dogg's anti-Trump TikTok video, Georgia's medical cannabis sales in pharmacies, and Ohio's GOP-led Senate approving expanded marijuana legislation.

Portfolio Pulse from Nina Zdinjak

December 28, 2023 | 2:54 pm

LOPE

The FTC has sued Grand Canyon Education, Inc. (LOPE) and Grand Canyon University for deceptive marketing practices regarding their doctoral programs. The lawsuit alleges that the institutions misrepresented the cost and course requirements, falsely marketed themselves as a nonprofit, and made abusive telemarketing calls. The FTC's complaint highlights that less than 2% of GCU doctoral graduates completed their program at the advertised cost, with most requiring additional costly continuation courses.

Portfolio Pulse from Nabaparna Bhattacharya

December 28, 2023 | 2:29 pm

BITQ

BTBT

CIFR

COIN

MSTR

PLTR

TSLA

Bitcoin SV surged 51%, outperforming Bitcoin and Ethereum. Microstrategy's increased Bitcoin holdings prompted Canaccord Genuity to raise its price target. Ark Invest bought ProShares Bitcoin ETF shares and sold Coinbase, Block, and Palantir shares. In other markets, Bit Digital and Cipher Mining stocks moved higher. US politics and economy saw developments, including corporate default warnings from Fitch and a recession forecast by Peter Schiff. Tech giants like Google, Apple, and Microsoft made headlines with AI and security updates. In the EV sector, Tesla and Xiaomi made news, while Ford recalled F-Series cars. Credit Suisse was fined by Singapore, and New Fortress Energy secured a significant contract in Brazil.

Portfolio Pulse from Akanksha Bakshi

December 28, 2023 | 2:10 pm

ZKIN

ZK International Group Co., Ltd. (ZKIN) announced a series of positive developments including the launch of a new website, rebranding, a successful $8M bid with Chongqing Gas Group, a $5M financing round, and Nasdaq compliance. The new website aims to enhance stakeholder engagement and transparency. The $8M bid strengthens ZK International's presence in the Western China Gas Market. The $5M financing will support the company's growth and international expansion. ZKIN has also resolved its bid price deficiency and is now Nasdaq compliant, with assistance from Donohoe Advisory Associates LLC.

Portfolio Pulse from Benzinga Newsdesk

December 28, 2023 | 2:06 pm