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MSTR

Peter Schiff humorously suggests that MicroStrategy's Michael Saylor should borrow $4.3 billion to buy Bitcoin that the U.S. government plans to sell. This comes after the Supreme Court allowed the liquidation of 69,370 BTC seized from Silk Road. Schiff's comments highlight his ongoing criticism of Saylor's Bitcoin strategy, despite MicroStrategy's significant stock gains.

Portfolio Pulse from Aniket Verma

October 09, 2024 | 3:58 am

BA

HOOD

PLTR

RBLX

TSLA

U.S. markets closed higher with notable movements in stocks like Palantir, Roblox, Boeing, Robinhood, and Tesla. Palantir surged due to AI potential, Roblox fell on a short report, Boeing dropped after a safety alert, Robinhood rose on strong performance predictions, and Tesla increased ahead of its Robotaxi event.

Portfolio Pulse from Benzinga Neuro

October 09, 2024 | 3:42 am

GOOGL

META

SNAP

TikTok is facing lawsuits from 13 U.S. states and the District of Columbia, accusing it of fostering social media addiction among young users to boost profits. The legal action follows a bill that could force TikTok's parent company, ByteDance, to sell or face a U.S. ban. Competitors like Meta, Snap, and Alphabet could benefit from TikTok's legal challenges.

Portfolio Pulse from Ananya Gairola

October 09, 2024 | 3:28 am

BTCUSD

ETHUSD

NVDA

Cryptocurrencies remained mostly flat with Ethereum gaining slightly amid a stock market rebound. Bitcoin faced resistance and saw increased short positions. Ethereum's potential to outperform Bitcoin was highlighted by analysts. Stocks, particularly tech like NVIDIA, rose as oil prices fell.

Portfolio Pulse from Aniket Verma

October 09, 2024 | 3:07 am

META

Elon Musk's social media platform, X (formerly Twitter), has been allowed by Brazil's Supreme Court to resume operations after meeting legal requirements. This follows a suspension due to a dispute over censorship. X aims to defend freedom of speech within legal boundaries.

Portfolio Pulse from Ananya Gairola

October 09, 2024 | 2:03 am

BTCUSD

The HBO documentary 'Money Electric: The Bitcoin Mystery' speculates on the identity of Bitcoin's creator, Satoshi Nakamoto, suggesting Bitcoin Core engineer Peter Todd. Todd denies these claims. The documentary has sparked interest and speculation, affecting Bitcoin's price.

Portfolio Pulse from Aniket Verma

October 09, 2024 | 2:02 am

PDD

Benzinga's World Championship of Trading, powered by TradeZero, is a paper trading contest offering over $30,000 in cash and prizes. Contestants compete in three separate contests, with the first nearing completion. Andrea S. leads the first contest with a 988% gain, using strategies like buying call options in PDD Holdings. The contest provides exposure to TradeZero's short-selling tools and Benzinga's Live Squawk product.

Portfolio Pulse from Chris Katje

October 08, 2024 | 9:41 pm

HGV

Hilton Grand Vacations has acquired The Citadines Kyoto Karasuma Gojo in Kyoto, Japan, marking its first property in Kyoto and third in Japan. Renovations are set to start in Q2 2025, with completion in Q1 2026. Sales are expected to begin in Q2 2025.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 9:32 pm

WBD

Warner Bros. Discovery's CNN partners with UK's Channel 4 for 2024 US election night coverage, featuring Stormy Daniels and Michael Cohen. This collaboration aims to boost viewership with high-profile guests and shared resources.

Portfolio Pulse from Chris Katje

October 08, 2024 | 9:24 pm

MSOS

Benzinga's Chicago Cannabis Conference has started with a focus on vape innovation, highlighting cost-effective and quality technology for the global market. The event may have implications for cannabis-related stocks and ETFs.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 9:00 pm