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AAPL

QQQ

The article reflects on the impact of Apple's iPod Nano launch 19 years ago and the potential returns from investing $1,000 in Apple stock at that time. Apple's stock has increased by 12,601% since the iPod Nano's launch, significantly outperforming the QQQ ETF and the S&P 500 index. The iPod Nano, a revolutionary product, was phased out in 2017, and the iPod line was officially ended in 2022.

Portfolio Pulse from Ananya Gairola

September 07, 2024 | 9:00 am

AMD

AVGO

MRVL

NVDA

TSLA

Tesla's recent stock decline is attributed to a broader sell-off in AI stocks, not Elon Musk selling shares. Analyst Gary Black suggests the downturn was triggered by Broadcom's guidance miss, affecting AI-related stocks like Tesla, NVIDIA, AMD, and Marvell.

Portfolio Pulse from Ananya Gairola

September 07, 2024 | 8:31 am

TSLA

Elon Musk revised his 2020 prediction about the future of electric and autonomous vehicles, now estimating that 99% of cars produced by 2040 will be electric and fully autonomous. This update reflects a slight adjustment from his original 100% prediction. Musk also mentioned Tesla's willingness to license its self-driving technology, though no automakers have shown interest yet. Infrastructure remains a challenge for EV adoption.

Portfolio Pulse from Ananya Gairola

September 07, 2024 | 8:02 am

GOOG

GOOGL

The U.S. DOJ is investigating Google's AI strategy to address its dominance in the search market. A federal court ruled Google as an illegal monopolist, and the trial is now in the remedies phase. The DOJ seeks more information on Google's business, especially regarding AI developments.

Portfolio Pulse from Ananya Gairola

September 07, 2024 | 6:46 am

Boeing's Starliner returned to Earth without crew after a test flight with technical issues. NASA extended the stay of astronauts Wilmore and Williams on the ISS due to thruster problems, opting for a SpaceX return in 2025. The situation highlights ongoing challenges for Boeing's space endeavors.

Portfolio Pulse from Rounak Jain

September 07, 2024 | 5:41 am

HITI

TCNNF

The first legal recreational cannabis store in North Carolina is opening, while D.C. faces challenges with unlicensed cannabis shops. Trulieve Cannabis Corp. expands its retail footprint in Florida and Arizona, and High Tide Inc. opens a new store in Canada.

Portfolio Pulse from Jelena Martinovic

September 06, 2024 | 9:40 pm

CVX

Recent options activity for Chevron (NYSE:CVX) indicates a mixed sentiment among big-money investors, with a notable number of uncommon trades. The options trades suggest a price target range of $120 to $160, with a significant amount of puts and calls. Chevron's stock is currently down 1.62% at $138.64, and RSI indicators suggest it may be oversold. The next earnings report is expected in 49 days.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 8:31 pm

META

PLTR

PYPL

The article highlights five lesser-known facts about Peter Thiel, co-founder of PayPal and Palantir. Thiel was the first outside investor in Facebook, turning a $500,000 investment into over $1 billion. He has political ties with Donald Trump but plans less involvement in the 2024 election. Thiel's relationship with Elon Musk includes past tensions at PayPal and investments in Musk's ventures. Thiel's foundation supported Ethereum's co-founder Vitalik Buterin with a $100,000 grant. Thiel's love for science fiction influenced the naming of his companies.

Portfolio Pulse from Chris Katje

September 06, 2024 | 8:30 pm

BKSY

SATL

TDY

NASA has awarded contracts to eight companies, including BlackSky, Planet Labs, Satellogic, and Teledyne, for the Commercial SmallSat Data Acquisition Program. The contracts, worth up to $476 million, aim to enhance Earth observation data for NASA's research.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 8:28 pm

HBAN

Huntington Bancshares has expanded its commercial banking operations by adding a corporate mortgage finance business. This move is expected to enhance their service offerings and potentially increase their market share in the commercial banking sector.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 8:20 pm