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TSLA

Mexican President dismisses Elon Musk's comment about possibly not investing in Mexico, suggesting Musk has another business plan.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 2:44 pm

IBKR

Interactive Brokers (NASDAQ:IBKR) has introduced a new Retirement Planner tool to its PortfolioAnalyst® platform, enhancing its free portfolio management solution. This tool aims to help investors plan for retirement with a user-friendly interface and intuitive dashboard.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 2:34 pm

DOGEUSD

Dogecoin (DOGE) is potentially 2-3 weeks away from experiencing its first weekly golden cross in four years, a bullish technical signal. Historically, such an event led to a significant price surge. Current indicators suggest a shift from bearish to bullish momentum, although market conditions and investor sentiment will play a role.

Portfolio Pulse from Khyathi Dalal

July 24, 2024 | 2:32 pm

AMD

TSLA

AMD CEO Lisa Su posted on X about spending time with the Tesla team discussing AI, leadership, and their partnership. This indicates a strong collaboration between AMD and Tesla.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 2:30 pm

META

Meta Platforms Inc (NASDAQ:META) has introduced Llama 3.1 405B, a new AI model that is freely available to the public. This open-source approach aims to enhance developer freedom, privacy standards, and potentially boost Meta's stock performance. The stock has seen significant growth this year, though it recently experienced a slight decline.

Portfolio Pulse from Zaheer Anwari

July 24, 2024 | 2:27 pm

FCX

Freeport McMoRan (NYSE:FCX) has announced a $7.5 billion expansion of its El Abra copper mine in Chile, aiming to boost production to 340,000 metric tons of copper annually by 2025. The expansion includes a new concentrator plant and desalination infrastructure. Additionally, Freeport declared a $0.15 per share dividend and initiated stock buybacks.

Portfolio Pulse from Stjepan Kalinic

July 24, 2024 | 2:23 pm

CORZ

IREN

Canaccord has raised its price target for Iris Energy (NASDAQ:IREN) from $12 to $15, citing the company's strong Bitcoin mining capabilities and potential for diversification. Iris Energy is building significant data center capacity and has secured substantial power resources. The mining sector is seeing a shift towards AI and high-performance computing, with Iris Energy well-positioned to capitalize on these trends.

Portfolio Pulse from Murtuza Merchant

July 24, 2024 | 2:13 pm

TCNNF

Caleb Counts, CEO of Connected Cannabis Co., discussed the company's journey from humble beginnings to becoming a celebrity favorite, with endorsements from artists like Travis Scott and ASAP Rocky. The company focuses on premium strains, sustainability, and expansion beyond California, including a key partnership with Trulieve Cannabis in Florida.

Portfolio Pulse from Patricio Liddle

July 24, 2024 | 2:12 pm

AAPL

AMZN

SPOT

Spotify Technologies S.A. (NYSE:SPOT) reported strong Q2 results with significant revenue growth, improved margins, and increased premium subscribers. However, it still lags behind Apple Inc (NASDAQ:AAPL) and Amazon.com Inc (NASDAQ:AMZN) in offering high-resolution audio. Spotify's turnaround strategy, including cost savings and new offerings, is showing positive results.

Portfolio Pulse from Upwallstreet

July 24, 2024 | 2:11 pm

PRTS

CarParts.com has opened a new state-of-the-art fulfillment center in Las Vegas, which doubles its footprint and aims to enhance operational efficiency and customer experience.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 2:07 pm