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TSLA

Tesla Inc. has implemented a new policy requiring staff to install and demonstrate its driver-assistance technology, including Full Self-Driving, to customers before finalizing sales in North America. This directive, outlined in an internal memo by CEO Elon Musk, aims to ensure customers are familiar with the technology but is expected to slow down the delivery process.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 7:35 pm

MSFT

Microsoft Corp. (NASDAQ:MSFT) has finalized a partnership with game developer Toys for Bob, known for Crash Bandicoot and Spyro, to finance the development of an undisclosed game. This follows Toys for Bob's announcement of becoming an indie developer and leaving Microsoft-owned Activision. The partnership fuels speculation about the revival of popular franchises like Crash Bandicoot and Spyro. Microsoft's acquisition of Activision Blizzard brings major franchises under its umbrella, including Call of Duty and Halo.

Portfolio Pulse from Franca Quarneti

March 25, 2024 | 7:29 pm

TTWO

Take-Two Interactive Software Inc's (NASDAQ:TTWO) Grand Theft Auto VI faces potential delays, possibly pushing its release from 2025 to 2026 due to internal struggles at Rockstar Games over a return-to-office mandate. Initially announced for PlayStation 5 and Xbox Series in December 2023, the game's development has reportedly fallen behind schedule, leading to concerns about meeting the planned release window. Rockstar's in-office mandate, aimed at ensuring security and quality, has sparked frustration among employees and is cited as a significant factor in the potential delay.

Portfolio Pulse from Franca Quarneti

March 25, 2024 | 7:20 pm

NVO

Novo Nordisk (NYSE:NVO) has seen significant unusual options activity, with a bullish sentiment prevailing among financial giants. Analysis of options history revealed 26 unusual trades, with 61% bullish and 38% bearish. The trades include 10 puts valued at $1,362,610 and 16 calls valued at $832,150, targeting a price window of $80.0 to $175.0. Novo Nordisk, a leader in diabetes-care products, has its stock price up 0.49% at $129.4, with RSI indicators suggesting it may be approaching overbought. Analysts have set an average price target of $160.0 for NVO.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 7:16 pm

OWPC

One World Products (OWP) has entered into an exclusive agreement with Procepack Corp. for the perpetual exclusive rights to buy PreRoll-Er automated pre-roll filler systems in Colombia. This deal, effective Feb. 26, 2024, aims to enhance OWP's production efficiency significantly. Isiah Thomas, OWP's CEO, emphasizes the importance of this partnership in meeting the growing demand for their products. Despite regulatory challenges in Colombia, the collaboration is seen as a major step forward in the global cannabis market.

Portfolio Pulse from Jelena Martinovic

March 25, 2024 | 7:08 pm

BTCUSD

Bitcoin (BTC) has surpassed the $70,000 mark, experiencing a 6.4% rally and a 63% increase in trading volumes. 10x Research highlights the upcoming week as critical for Bitcoin's direction, predicting a potential 15,000-point move influenced by both bearish and bullish factors. Bearish factors include negative Bitcoin ETF flows and a drop in altcoin volumes, while bullish factors encompass dovish central banks, the Bitcoin halving event, and a favorable risk-assets environment. The market's focus on the Fed's dovish stance could signal a bullish sentiment for Bitcoin, with a key level at $68,300 to watch.

Portfolio Pulse from Khyathi Dalal

March 25, 2024 | 7:07 pm

IDGT

SMCI

XMMO

Super Micro Computer Inc (NASDAQ:SMCI) shares surged after JP Morgan initiated coverage with an Overweight rating and a price target of $1,150, citing the company's leading position in the AI computing market. The demand for AI servers, expected to exceed $200 billion by 2027-28, and Super Micro's innovations in custom accelerators and efficient XPUs position it well for the generative AI growth wave. Investors can also gain exposure to SMCI through Invesco S&P MidCap Momentum ETF (NYSE:XMMO) and IShares U.S. Digital Infrastructure And Real Estate ETF (NYSE:IDGT).

Portfolio Pulse from Anusuya Lahiri

March 25, 2024 | 6:13 pm

JNJ

Biosense Webster, a Johnson & Johnson MedTech company, has submitted the VARIPULSE™ Platform for FDA approval for treating Paroxysmal Atrial Fibrillation. Supported by the admIRE study, the platform includes a catheter, generator, and software integrated with the CARTO™ 3 System for real-time cardiac mapping. The study showed 100% acute success and 80% freedom from atrial arrhythmia recurrence at 12 months, with no reported adverse events.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 5:49 pm

CIFR

CLSK

HUT

MARA

RIOT

Bitcoin mining stocks, including Marathon Digital Holdings Inc (MARA), Riot Platforms Inc (RIOT), CleanSpark Inc (CLSK), Cipher Mining Inc (CIFR), and Hut 8 Corp (HUT), are rallying due to the broader crypto market's strength, particularly bitcoin's surge. This surge is attributed to rising demand following the approval of spot bitcoin ETFs and dovish comments from the Federal Reserve. The upcoming Bitcoin halving event in April is also anticipated as a potential market catalyst.

Portfolio Pulse from Adam Eckert

March 25, 2024 | 5:44 pm

DKNG

PARA

WBD

During the first weekend of the 2024 NCAA Men's Basketball Tournament, a bettor nearly turned a $50 bet into $202,723.41 by predicting 18 games on DraftKings (DKNG), but lost due to a single game. The Sweet 16 games will be covered by Warner Bros. Discovery (WBD) and Paramount Global (PARA, PARAA) on TBS, truTV, and CBS channels.

Portfolio Pulse from Chris Katje

March 25, 2024 | 5:37 pm