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CRM

FDTX

FEPI

Salesforce (NYSE: CRM) is expected to continue its growth despite forex headwinds and delays in AI development. Analysts have mixed ratings and price targets, with Wells Fargo lowering its target to $300 and Oppenheimer maintaining a $325 target. Stifel remains optimistic with a $350 target. Salesforce's stock has gained over 34% in the last 12 months, and investors can gain exposure through ETFs like REX FANG & Innovation Equity Premium Income ETF (NASDAQ: FEPI) and Fidelity Disruptive Technology ETF (NASDAQ: FDTX).

Portfolio Pulse from Anusuya Lahiri

May 23, 2024 | 7:17 pm

AMD

INTC

MSFT

QCOM

Microsoft's launch of its first laptop running on Qualcomm's ARM-based microprocessor has sparked a debate among tech enthusiasts and investors about the future of laptop processors. The discussion centers on whether AMD and Intel will pivot to ARM-based chips or stick with x86 architecture. Qualcomm's expertise in low-power development and Microsoft's support for an x86 to ARM translation layer could help ARM capture a significant share of the laptop market. Meanwhile, AMD and Intel are developing next-gen mobile chips with powerful integrated GPUs to compete.

Portfolio Pulse from Surbhi Jain

May 23, 2024 | 7:08 pm

BTCUSD

ETHUSD

Prominent figures in traditional finance, including Ken Griffin, Carl Icahn, Stanley Druckenmiller, Ray Dalio, Jamie Dimon, Paul Tudor Jones, and Larry Fink, have expressed interest in Ethereum (ETH), highlighting its potential as a store of value, payment system, and industrial digital asset. The upcoming decision on spot Ethereum ETFs could shift focus from Bitcoin (BTC) to Ethereum.

Portfolio Pulse from Khyathi Dalal

May 23, 2024 | 7:07 pm

SONY

Sony Group Corp. (NYSE:SONY) released a YouTube video showcasing a futuristic PlayStation controller and a floating, curved screen, sparking mixed reactions. The video, part of Sony's vision for the next decade, is not tied to any existing product but highlights potential advancements in gaming technology. Sony's commitment to innovation is further evidenced by their plans to launch a PS5 Pro and the PlayStation Portal peripheral.

Portfolio Pulse from Franca Quarneti

May 23, 2024 | 6:54 pm

CVS

CVS Health is reportedly seeking an investor to support the expansion of its Oak Street Health clinics, according to Bloomberg. This move is part of CVS's strategy to enhance its healthcare services and expand its footprint in the primary care market.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 6:51 pm

SONY

Naughty Dog's next game could redefine mainstream perceptions of gaming, according to studio head Neil Druckmann. In an interview with Sony Group Corp. (NYSE:SONY), Druckmann expressed excitement about the upcoming project, which remains a mystery but aims to be even bigger than their previous hits like The Last of Us and Uncharted series.

Portfolio Pulse from Franca Quarneti

May 23, 2024 | 6:49 pm

GOOG

GOOGL

META

Alphabet and Meta are offering millions of dollars to partner with Hollywood on AI initiatives, according to Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 6:42 pm

ETHUSD

SOLUSD

Cryptocurrency trader Wazz Crypto discusses the challenges Solana (SOL) will face in outperforming Ethereum (ETH) due to factors like inflation rates, supply overhang, and Ethereum's institutional advantage. Despite Solana's on-chain activity, Ethereum's potential ETF approval and robust DeFi ecosystem make it a more stable investment.

Portfolio Pulse from Khyathi Dalal

May 23, 2024 | 6:38 pm

ASTI

Ascent Solar Technologies (NASDAQ:ASTI) shares are soaring due to increased trading volume and social media attention. The surge is likely driven by positive sentiment in the solar sector following President Biden's announcement of increased tariffs on Chinese solar cells. Ascent Solar's trading volume has significantly exceeded its average, and the stock is trending on social platforms. The company recently announced a firm order for its thin-film photovoltaic solutions and is set to report Q1 earnings in early June.

Portfolio Pulse from Vaishali Prayag

May 23, 2024 | 6:38 pm

DRI

LULU

Red Lobster, once the largest seafood restaurant chain, has filed for Chapter 11 bankruptcy. The chain, previously owned by Darden Restaurants Inc (NYSE:DRI), is auctioning off kitchen equipment but will not fully shut down. Issues like the 'Endless Shrimp' promotion and frequent leadership changes contributed to its downfall. Thai Union, a major stakeholder and supplier, is also implicated in the chain's financial troubles.

Portfolio Pulse from Aaron Bry

May 23, 2024 | 6:36 pm