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BTCUSD

MSTR

Peter Schiff warns that Bitcoin ETF buyers are 'HODLing' amid a significant drop in Bitcoin's price, but predicts a much larger drop may occur soon. Schiff suggests that a decline below $38,000 will lead to significant selling pressure from Bitcoin ETF holders.

Portfolio Pulse from Shanthi Rexaline

July 06, 2024 | 3:22 pm

GOEV

NIO

RIVN

TSLA

The article highlights key events in the electric vehicle (EV) sector for the week ending July 5, with notable advancements for Tesla, Rivian, Canoo, Ford, and Nio. Tesla's stock surged due to better-than-expected deliveries, while Rivian exceeded its delivery forecast. Canoo secured new orders, and Ford reported strong Q2 EV sales. Nio's CFO announced his departure.

Portfolio Pulse from Shanthi Rexaline

July 06, 2024 | 3:13 pm

DKNG

MSGS

The NBA free agency has significantly altered betting odds for the upcoming season, with the Boston Celtics remaining favorites. The New York Knicks, owned by Madison Square Garden Sports (NYSE: MSGS), have improved their odds after acquiring Mikal Bridges. This could positively impact MSGS stock. DraftKings Inc (NASDAQ: DKNG) provides the updated betting odds.

Portfolio Pulse from Chris Katje

July 06, 2024 | 2:05 pm

DDOG

GME

NVDA

PLTR

TSLA

Benzinga reviewed the prospects of popular stocks and cryptocurrencies, highlighting bullish and bearish outlooks. Key mentions include Tesla's FSD delays, Nvidia's rare downgrade, Palantir's AI potential, and a predicted rebound for Dogecoin.

Portfolio Pulse from Michael Cohen

July 06, 2024 | 1:27 pm

BTCUSD

DOGEUSD

ETHUSD

SHIBUSD

Billy, a Solana-based memecoin, has surged by 147% in the last week despite a market downturn affecting major cryptocurrencies like Bitcoin and Ethereum. The surge follows support from several cryptocurrency exchanges.

Portfolio Pulse from Benzinga Neuro

July 06, 2024 | 8:27 am

RIVN

Rivian Automotive (NASDAQ:RIVN) has canceled its 7-day vehicle return policy, urging customers to test drive and do walk-arounds instead. This move is part of Rivian's cost-cutting measures as it aims to turn its first-ever quarterly gross profit in Q4 2024. The company is also forming a joint venture with Volkswagen to create software-defined vehicle platforms.

Portfolio Pulse from Anan Ashraf

July 06, 2024 | 8:01 am

AAPL

Apple Inc. (NASDAQ:AAPL) has approved Epic Games' marketplace app for iPhones and iPads in Europe amid an ongoing feud. The approval follows accusations from Epic Games that Apple was obstructing its attempts to launch a games store on Apple devices. The European Commission is investigating Apple's app validation processes.

Portfolio Pulse from Ananya Gairola

July 06, 2024 | 4:24 am

TSLA

Tesla CEO Elon Musk hinted at the possibility of building a robot resembling TARS from the movie Interstellar, in addition to the humanoid robot Optimus. Tesla is pushing towards becoming a robotics, AI, and sustainable energy company. Musk envisions a future with a significant population of humanoid robots, with Tesla playing a major role. The company plans to start limited production of Optimus by the end of this year or early next year and will unveil its robotaxi product on August 8.

Portfolio Pulse from Anan Ashraf

July 06, 2024 | 3:31 am

GRUSF

Grown Rogue International Inc. (OTC:GRUSF) has entered a secured drawdown promissory note agreement with ABCO Garden State, LLC, a New Jersey licensed cultivator. Grown Rogue now owns 44% of ABCO and has an option to acquire an additional 26%, subject to regulatory approval. The company will lend up to $3,000,000 to support ABCO's construction and working capital needs. New Jersey's cannabis market is growing rapidly, with sales reaching over $800 million in 2023.

Portfolio Pulse from Nina Zdinjak

July 05, 2024 | 8:52 pm

AMZN

DIS

MANU

PARA

SSP

Disney CEO Bob Iger is nearing a deal to acquire a controlling stake in the women's soccer team Angel City FC, potentially making it the most valuable women's sports team in the world. The deal could impact Disney's media rights with the NWSL.

Portfolio Pulse from Chris Katje

July 05, 2024 | 8:30 pm