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Pseudonymous crypto influencer 'Reflection' shared techniques for identifying low-cap altcoins poised for significant growth, emphasizing market cycles, investor emotions, and the 'I'm done' pattern. He advises buying during low enthusiasm phases and focusing on coins with strong fundamentals and potential for price surges. Reflection's insights highlight opportunities in the crypto market's inefficiencies, particularly in altcoins like Dogecoin, Shiba Inu, and Dogwifhat, which meet his criteria for potential growth.

Portfolio Pulse from Khyathi Dalal

April 25, 2024 | 6:51 pm

TSLA

Billionaire investor Ron Baron predicts a significant rise in Tesla Inc (NASDAQ:TSLA) stock, citing the company's recent focus on launching new models and developing an affordable vehicle as key drivers. Despite a 34% drop year-to-date due to concerns over slowing electric vehicle demand, Baron believes Tesla's direction, especially its low-cost car initiative and robotaxi plans, will lead to a substantial stock rebound. Tesla's advantage in data collection from its sold cars positions it strongly against competitors in the robotaxi market. Baron's confidence is bolstered by recent advancements in Tesla's software, propelled by AI.

Portfolio Pulse from Adam Eckert

April 25, 2024 | 6:46 pm

AIRE

ReAlpha Tech Corp. (NASDAQ:AIRE) shares surged 93% Wednesday following the announcement of its AI-powered tool, Claire, aimed at revolutionizing the homebuying process. Claire utilizes over 400 data attributes to match buyers with homes, provide market insights, and assist with queries. Despite the innovation, the company reported Q1 losses of 3 cents per share and $20,430 in sales. The stock continued its upward momentum, rising 16.4% to $1.35.

Portfolio Pulse from Erica Kollmann

April 25, 2024 | 6:36 pm

IMAX

Imax Corporation (NYSE:IMAX) reported Q1 earnings of 15 cents per share, surpassing the analyst consensus of 10 cents by 50%. Quarterly sales reached $79.12 million, exceeding estimates by 1.21%. The company installed 15 Imax systems, a 67% increase year-over-year, and signed 17 new or upgraded system deals. Global box office revenue hit $261 million, driven by major releases and local language films. Despite the positive results, Imax shares dropped 3.45% to $17.05.

Portfolio Pulse from Erica Kollmann

April 25, 2024 | 6:29 pm

TTOO

T2 Biosystems has received a Notice of Allowance for a U.S. patent titled 'METHODS AND SYSTEMS FOR AMPLIFICATION IN COMPLEX SAMPLES', covering diagnostic and therapeutics methods for pathogens in whole blood. This development could enhance T2 Biosystems' product offerings and market position.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 5:55 pm

AMZN

DIS

GOOG

The NBA is in negotiations for new media deals, aiming for higher payments for broadcasting fewer games. Current discussions involve ESPN and TNT for traditional broadcasting rights, while potential streaming packages are being explored with Amazon and YouTube. This strategic move could reshape the sports broadcasting landscape, impacting the financial dynamics for involved companies.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 5:44 pm

TSLA

WKSP

Tesla Inc (TSLA) is refocusing on affordable EVs to regain its market position, while Worksport Ltd (WKSP) is innovating in the EV accessories market, signaling potential growth with its solar-powered truck bed cover and portable battery system. Despite a slowdown in the EV market, both companies are adapting through innovation, with Worksport expecting a significant sales increase in 2024 and Tesla facing slower growth but continuing to innovate.

Portfolio Pulse from Upwallstreet

April 25, 2024 | 5:39 pm

PLTR

Palantir Technologies Inc. is leveraging a unique 'rock concert' style boot camp approach to boost its commercial sales, significantly benefiting from the AI boom. These events, blending hackathons, conferences, and parties, have been instrumental in attracting new customers without a traditional sales team. CEO Alex Karp's strategy focuses on showcasing the company's AI Platform (AIP) product, with plans to increase the number of boot camps in 2024. This approach has contributed to a notable increase in U.S. commercial sales, with expectations for commercial revenue to surpass government revenue next year. Palantir's stock has seen a 24% increase since the beginning of the year, despite a slight drop in its latest trading session.

Portfolio Pulse from Adam Eckert

April 25, 2024 | 5:15 pm

SOLUSD

Eddy Lazzarin, CTO of a16zcrypto, criticized meme coins on X, arguing they distort public perception of crypto's potential, likening it to a risky casino. The debate highlights concerns over adoption, regulatory actions, and developer behavior. Mike Dudas and Jesse Walden offered counterpoints, discussing meme coins' popularity and comparing their impact to deceptive projects. The discussion reflects broader industry challenges and the search for balance between innovation and investor protection.

Portfolio Pulse from Murtuza Merchant

April 25, 2024 | 5:15 pm

MULN

Mullen Automotive, Inc. (NASDAQ:MULN) shares fell over 15% despite the company announcing CARB certification for its 2025 Mullen THREE electric truck and the completion of the first phase of battery line integration. The certification allows access to state EV incentives in CARB-compliant states, and the company targets starting production in early 2025, expecting to hire over 200 people.

Portfolio Pulse from Nabaparna Bhattacharya

April 25, 2024 | 5:02 pm