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BTCUSD

ETHUSD

Bitcoin has surged past $70,000, with traders predicting further gains. Value investor Mike Alfred and analyst Michael van de Poppe highlight macroeconomic factors and high inflation as key drivers. Bitcoin's ETF inflows remain strong, and its role as an institutional asset will be discussed at an upcoming event.

Portfolio Pulse from Ivan Crnogatić

May 27, 2024 | 5:07 pm

BONKUSD

DOGEUSD

SHIBUSD

Prominent crypto trader Cold Blooded Shiller highlighted the strong performance of Solana meme coin Bonk (BONK), which is up 53% on the week. BONK has outperformed Dogecoin (DOGE) and Shiba Inu (SHIB), which are up 13.3% and 7.4% respectively. The trader emphasized the importance of reacting to high-timeframe signals even when lower-timeframe prices have surged.

Portfolio Pulse from Ivan Crnogatić

May 27, 2024 | 4:45 pm

NFLX

Netflix Inc. (NASDAQ:NFLX) has been a hot topic on Reddit, with investors sharing bullish sentiments due to its strong content lineup, international expansion, technological innovations, and financial performance. Redditors believe Netflix's strategic initiatives and market leadership position it well against competitors like Disney+ and Amazon Prime Video.

Portfolio Pulse from Surbhi Jain

May 27, 2024 | 4:35 pm

DOGEUSD

MAGA

PEPEUSD

SHIBUSD

A trader made $2.7 million in three days trading the Trump-related MAGA coin. The MAGA Memecoin surged following pro-cryptocurrency comments from former President Donald Trump. The TRUMP coin's market cap increased from $180 million to nearly $550 million, outpacing other meme coins like Dogecoin and Shiba Inu.

Portfolio Pulse from Ivan Crnogatić

May 27, 2024 | 4:03 pm

AMAT

AMD

ASML

MCHI

NVDA

SOXX

China has set up its largest-ever semiconductor investment fund, Big Fund III, with $48 billion to nurture its domestic chipmaking industry. This move could impact U.S. chipmakers like Nvidia and AMD, which are already facing revenue contractions in China due to U.S. government restrictions.

Portfolio Pulse from Shanthi Rexaline

May 27, 2024 | 3:49 pm

BHP

COPX

FCX

TECK

Hedge fund manager Pierre Andurand predicts copper prices could reach $40,000 per tonne, driven by increasing demand from sectors like electric vehicles and renewable energy. This bullish outlook highlights investment opportunities in copper miner stocks and the Global X Copper Miners ETF (NYSE:COPX). The ETF has shown strong returns and holds key copper mining companies. Technical indicators also suggest a positive trend for COPX.

Portfolio Pulse from Surbhi Jain

May 27, 2024 | 2:59 pm

BABA

PDD

Alibaba (NYSE:BABA) has signed David Beckham as the global brand ambassador for its e-commerce platform, AliExpress, to enhance its global presence. This move comes amid competition from rivals like PDD Holdings (NASDAQ:PDD) and Shein. AliExpress plans significant promotions, including ticket giveaways for the UEFA European soccer championship.

Portfolio Pulse from Benzinga Neuro

May 27, 2024 | 2:06 pm

BBIB

COYA

PSCH

Coya Therapeutics Inc (NASDAQ:COYA), a clinical-stage biotech company, has seen its shares rise by 70% since its IPO in December 2022. The company focuses on developing treatments for neurodegenerative and inflammatory diseases using regulatory T cells (Tregs). CEO Howard Berman highlighted the company's shift towards combination therapies and biologics, similar to approaches in cancer and viral disease treatments. Coya's lead program, COYA 302, is being developed for conditions like ALS, FTD, Parkinson's, and Alzheimer's. The company plans to file an FDA IND in 2Q24 and start a Phase 2 trial for ALS. Despite a recent 2.9% drop in share price, the company received a $5 million investment from the Alzheimer's Drug Discovery Foundation.

Portfolio Pulse from Vandana Singh

May 27, 2024 | 1:43 pm

STLA

Stellantis NV (NYSE:STLA) plans to produce two additional hybrid vehicles in Italy, aiming to increase local production amid political tensions. The move is seen as an effort to appease local politicians and unions while considering shifting some manufacturing to cheaper countries.

Portfolio Pulse from Benzinga Neuro

May 27, 2024 | 1:41 pm

GOOG

GOOGL

The National Highway Traffic Safety Administration (NHTSA) has identified nine additional reports of 'unexpected driving behavior' in vehicles equipped with Waymo's fifth-generation automated driving system, bringing the total to 31 reports. These incidents include collisions with stationary objects and disobeying traffic rules. The NHTSA has requested further information from Waymo by June 11.

Portfolio Pulse from Anan Ashraf

May 27, 2024 | 11:58 am