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AMD

INTC

NVDA

NVIDIA Corp (NASDAQ:NVDA) is poised for its Q1 earnings release, with its AI technology, particularly the H100 GPU chip, seeing significant investment from tech giants like Tesla, Meta Platforms, Microsoft, and Alphabet. These companies are expanding their AI capabilities, with Meta purchasing 850,000 H100 GPUs and Microsoft planning to acquire 1.8 million GPUs. Amazon also anticipates increased capex, mainly for AWS's growth in generative AI. Nvidia's market dominance is highlighted by its expected revenue of over $100 billion, overshadowing competitors AMD and Intel. Despite mixed market sentiments, Nvidia's stock has seen substantial fluctuations but remains in a consolidation phase.

Portfolio Pulse from Benzinga Neuro

May 06, 2024 | 2:19 am

BTCUSD

DOGEUSD

TSLA

Despite Bitcoin reaching $64,000, crypto analyst Ali Martinez suggests it remains in a 'prime buy zone' based on the MVRV 90-day Ratio. This analysis comes amid significant crypto market events, including Tesla's adoption of Dogecoin as a payment method and regulatory uncertainties. Bitcoin's price has seen a 45.42% increase year-to-date.

Portfolio Pulse from Benzinga Neuro

May 06, 2024 | 1:59 am

GOOG

GOOGL

YouTube, owned by Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), introduced a new AI-powered 'Jump ahead' feature for Premium subscribers, allowing them to skip commonly skipped sections in videos. Initially tested in March, it's now available on the YouTube Android app in the U.S. for English videos with high views. This feature aligns with Alphabet's increased focus on AI, which has contributed to a 15% year-over-year revenue increase in the first quarter of 2024.

Portfolio Pulse from Ananya Gairola

May 06, 2024 | 1:53 am

BRKA

BRKB

TSLA

At Berkshire Hathaway's annual shareholder meeting, Warren Buffett addressed whether Tesla's Full Self-Driving (FSD) technology would impact GEICO, a Berkshire portfolio company. Buffett acknowledged that a reduction in accidents would lower insurance rates but emphasized the societal benefit. Ajit Jain, vice chairman of insurance operations, noted that while accident rates may decrease, repair costs have increased, questioning the net impact on insurance. Buffett also discussed the electric vehicle (EV) industry, stating Berkshire doesn't bring special expertise to the field and would not predict winners in the EV space.

Portfolio Pulse from Shanthi Rexaline

May 05, 2024 | 9:09 pm

AMGN

ARKG

Ark Invest, led by Cathie Wood, acquired $3.54M in Amgen shares after the biopharma company announced progress in its obesity drug pipeline. The purchase increased Amgen's weighting in the ARK Genomic Revolution ETF (ARKG) to 1.06%. Amgen's update included a focus on MariTide, an injectable obesity drug, with Phase 2 trial results expected in late 2024. The obesity drug market is valued at $100 billion. ARKG's stock rose 3.51% following the news.

Portfolio Pulse from Shanthi Rexaline

May 05, 2024 | 7:16 pm

BTCUSD

DOGEUSD

SOLUSD

The article discusses the reasons behind the growing fatigue among cryptocurrency investors, highlighting the emotional rollercoaster caused by the volatile crypto market. It mentions Tesla's adoption of Dogecoin (DOGE), the performance of Bitcoin (BTC), and the rise of meme coins like dogwifhat (WIF) and Solana (SOL). Despite the market's ups and downs, the article advises against giving up on crypto, citing long-term trends and offering tips from experienced traders on managing the emotional challenges of crypto investing.

Portfolio Pulse from Ivan Crnogatić

May 05, 2024 | 6:53 pm

INTC

META

PLTR

TSLA

This week in AI news, Elon Musk and Mark Zuckerberg were noted for their absence from a new AI Safety Institute, while Cathie Wood's Ark Invest made significant trades in Palantir and Meta Platforms. Intel Corp gained popularity among Redditors despite setbacks, and tech reviewer MKBHD reviewed the Rabbit R1 AI device critically. Musk expressed mixed feelings about AI investment, responding to forecasts by Peter Diamandis.

Portfolio Pulse from Benzinga Neuro

May 05, 2024 | 11:00 am

AAPL

Apple Inc. (NASDAQ:AAPL) experienced a mixed week with Q2 earnings surpassing expectations, a $110 billion stock buyback announcement, and a dividend increase, despite a slump in iPhone sales and criticism of Siri. The earnings beat and buyback announcement led to a 3.5% stock rise, while iPhone sales dropped 16% year-on-year in Q1 2024. Elon Musk commented negatively on Siri, and a new leak provided details on the iPhone 16.

Portfolio Pulse from Benzinga Neuro

May 05, 2024 | 10:00 am

BTCUSD

DOGEUSD

ETHUSD

SHIBUSD

The cryptocurrency market experienced a volatile week, with Shiba Inu's burn rate surging by 800%, leading to positive sentiment and price increases. Major cryptocurrencies like Bitcoin, Ethereum, and Dogecoin faced heavy losses in April but saw a rally as market sentiment improved in May. The article also discusses the potential fading of certain altcoins in favor of stronger performers and Bitcoin, and speculates on the future performance of Dogecoin and Shiba Inu.

Portfolio Pulse from Benzinga Neuro

May 05, 2024 | 5:15 am

AJG

AON

BRK

BRO

MMC

WTW

Ajit Jain, vice chairman of insurance operations at Berkshire Hathaway, expressed caution towards cyber insurance due to its inherent risks and the current lack of sufficient data to understand true loss costs. Despite the cyber insurance market's growth to a $10 billion industry with high profitability, Jain highlighted the challenges in quantifying losses and the potential for significant aggregation losses. He advised against writing cyber insurance policies, indicating that it often results in losses. This stance comes amid a surge in cyberattacks since the pandemic. Major US-listed companies providing cyber insurance include Marsh & McLennan, Aon Plc, Arthur J. Gallagher & Co., Brown & Brown, and Willis Towers Watson. Berkshire Hathaway reported a significant increase in first-quarter operating earnings, attributed to its insurance businesses.

Portfolio Pulse from Nabaparna Bhattacharya

May 04, 2024 | 10:12 pm