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FFIE

Faraday Future has partnered with the UAE's Royal Family, specifically with Master Investment Group led by Sheikh Abdulla Al Qassimi, to expand its operations in Ras Al Khaimah. This move is part of Faraday Future's strategy to enhance its global business presence and potentially establish manufacturing capabilities in the UAE.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 6:29 am

TSLA

Tesla's energy segment saw significant growth in Q3, leading to leadership changes including the promotion of Mike Snyder to VP of Energy and Charging. The energy segment's revenue grew by 52% year-over-year, with a record gross margin of 30.5%. Tesla plans to double its energy storage deployment in 2024.

Portfolio Pulse from Anan Ashraf

October 25, 2024 | 6:26 am

ETHUSD

SOLUSD

Solana outperformed Ethereum by 19% over the past week, with Solana's price increasing by 13.65% while Ethereum's price decreased by 4.63%. Despite Ethereum's recent underperformance, analysts remain optimistic about its long-term potential due to its foundational role in L2 networks.

Portfolio Pulse from Aniket Verma

October 25, 2024 | 6:22 am

NVDA

Nvidia's market cap has surged to $3.5 trillion, surpassing the combined market caps of Germany and Italy. This reflects a broader trend of foreign investment in the U.S. stock market. Nvidia's growth is driven by its expansion in AI and global markets, impacting investment strategies worldwide.

Portfolio Pulse from Kaustubh Bagalkote

October 25, 2024 | 5:18 am

IBIT

MSFT

MSTR

Microsoft shareholders are pushing for an assessment of investing in Bitcoin, citing the cryptocurrency's strong performance and the success of MicroStrategy, which holds significant Bitcoin assets. The board advises against this proposal, stating that the company has already considered cryptocurrencies in past evaluations.

Portfolio Pulse from Aniket Verma

October 25, 2024 | 4:11 am

FFND

GOOGL

NVDA

TSLA

Gary Black, Managing Partner of The Future Fund LLC, highlighted Tesla's underperformance as the largest negative contributor to his fund since January 2022, with a 34% decline. Despite this, Black remains bullish on Tesla. The Future Fund Active ETF (FFND) has seen a 16.84% return year-to-date, with top holdings like NVIDIA and Alphabet showing significant gains.

Portfolio Pulse from Kaustubh Bagalkote

October 25, 2024 | 3:57 am

CRLBF

CURLF

GTBIF

MRMD

TCNNF

MariMed is expanding its cannabis operations in Illinois, aiming to boost growth despite market challenges. The company is focusing on capacity expansion and in-house brand performance. MariMed's stock has underperformed compared to the MSOS ETF, but recent gains suggest potential growth.

Portfolio Pulse from Nicolás Jose Rodriguez

October 25, 2024 | 3:51 am

TSLA

Bitcoin saw gains amid a Tesla-driven stock rally, while Ethereum and Dogecoin remained muted. Tesla's shares surged 22% following strong earnings, boosting market sentiment. Analysts suggest a bullish outlook for Bitcoin if it closes above $67,900.

Portfolio Pulse from Aniket Verma

October 25, 2024 | 3:06 am

LHX

PLTR

Palantir Technologies and L3Harris Technologies have formed a strategic partnership to advance U.S. military technology by integrating hardware and software. The collaboration aims to develop more advanced defense technologies, leveraging AI-driven targeting with ethical considerations. L3Harris reported strong third-quarter earnings, and both companies' stocks showed positive movements in after-hours trading.

Portfolio Pulse from Kaustubh Bagalkote

October 25, 2024 | 2:05 am

MCD

QSR

USFD

YUM

McDonald's, Burger King, and Yum Brands have removed onions from their menus due to an E. coli outbreak linked to fresh onions. The outbreak has caused 49 illnesses and one fatality. McDonald's identified Taylor Farms as the source of the contaminated onions, which have been recalled. Despite the outbreak, McDonald's stock saw minimal impact, though an analyst downgraded it to 'neutral'.

Portfolio Pulse from Shivdeep Dhaliwal

October 25, 2024 | 1:04 am