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BODEN

DOGE

SHIB

The Jeo Boden meme coin (CRYPTO: BODEN) has seen a significant surge, trading 48% higher in the past 24 hours and achieving a 560% increase over the past month, outperforming Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). This surge is attributed to Joe Biden's recent political victories and policy announcements, as well as the broader election narrative. The coin's market capitalization reached $160 million with $1.9 million in liquidity. A second token is set to launch on Solana, with a presale and airdrop announced.

Portfolio Pulse from Khyathi Dalal

March 21, 2024 | 7:43 pm

DIS

Walt Disney Co's (NYSE:DIS) characters like Winnie the Pooh, Tinkerbell, and Bambi, now in the public domain, are being used in a new horror franchise. 'Poohniverse: Monsters Assemble' will unite these characters in a villain crossover film set for 2025. The franchise aims to create a horror equivalent of the Avengers, with standalone films leading up to the crossover. This follows the success of 'Winnie-the-Pooh: Blood and Honey' and its upcoming sequel. The use of these characters in horror films could alter their public perception.

Portfolio Pulse from Chris Katje

March 21, 2024 | 5:34 pm

RDDT

Reddit Inc (NYSE:RDDT) opened for trading at $47, surpassing its targeted IPO range of $31-$34. The IPO was five times oversubscribed, indicating strong investor interest. Analysts predict a significant impact on the tech industry, with Reddit allocating 8% of IPO shares to its active users and insiders. Despite negative discussions on r/WallStreetBets, Reddit's stock rose to $52 post-IPO. This marks Reddit as the first major IPO of 2024, potentially influencing the IPO market's future.

Portfolio Pulse from Adam Eckert

March 21, 2024 | 5:24 pm

TTWO

Take-Two Interactive Software Inc's Rockstar released Title Update 1.32 for Red Dead Redemption 2, featuring improvements and fixes for PC, PS4, and Xbox One. The update includes FSR 2.2, HDR10 support, and a fix for a game freeze glitch. However, it lacks the anticipated 60 fps feature on consoles. Speculation about a next-gen update for ninth-gen consoles was fueled by a leak, but Rockstar has not confirmed any plans. The game, praised for its quality but criticized for infrequent updates, has sold over 61 million copies.

Portfolio Pulse from Franca Quarneti

March 21, 2024 | 5:11 pm

AAPL

FTEC

IXN

Apple Inc's CEO, Tim Cook, inaugurated a new store in Shanghai, emphasizing the company's commitment to China despite challenges such as geopolitical tensions, government restrictions, and competition from Huawei. iPhone sales in China dropped by 24% in the first six weeks of the year, with Apple falling to fourth place among smartphone vendors. The company has initiated discounts and diversified production to India and Vietnam. Apple's stock has gained 8.4% over the last 12 months, but shares were down 3.58% at the last check.

Portfolio Pulse from Anusuya Lahiri

March 21, 2024 | 4:42 pm

DKNG

PARA

WBD

President Joe Biden has made his picks for the 2024 NCAA Men's Basketball Tournament, favoring the University of Connecticut to win. DraftKings Inc (NASDAQ:DKNG) provided the betting odds. The tournament's broadcasting rights are shared between Warner Bros. Discovery (NASDAQ:WBD) and Paramount Global (NASDAQ:PARA)(NASDAQ:PARAA), with games aired on various channels and streaming platforms.

Portfolio Pulse from Chris Katje

March 21, 2024 | 3:34 pm

COIN

Coinbase Inc. (NASDAQ:COIN) UK CEO Daniel Seifert highlighted Bitcoin as a viable financial alternative in challenging economies, citing regulatory advancements and the anticipation of Bitcoin's halving event as key growth drivers. Seifert emphasized the role of Bitcoin ETFs in boosting investor confidence and noted the growing mainstream acceptance of digital currencies. He also discussed the potential of Bitcoin in emerging markets, the importance of regulation for the crypto industry's future, and addressed misconceptions about Bitcoin mining's energy consumption.

Portfolio Pulse from Murtuza Merchant

March 21, 2024 | 3:09 pm

AMZN

Travis Kelce, Kansas City Chiefs tight end and Super Bowl winner, is reportedly in talks to host a reboot of 'Are You Smarter Than a Fifth Grader?' on Amazon Prime Video. This move comes as Kelce's popularity has surged due to his NFL achievements, a high-profile relationship with Taylor Swift, and previous ventures into entertainment. Amazon.com Inc (NASDAQ:AMZN), which owns Amazon Prime Video, could see this as an opportunity to expand its reality and gaming content, leveraging Kelce's growing brand.

Portfolio Pulse from Chris Katje

March 21, 2024 | 2:47 pm

CMPO

CompoSecure's stock price has seen an uptick as traders respond to a Zacks newsletter highlighting the stock as a pick. This movement indicates a positive market reaction to the endorsement.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 2:39 pm

HSY

The Bear Cave published a report titled 'More Problems At Hershey' focusing on issues at The Hershey Company (HSY).

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 2:33 pm