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SHIBUSD

Crypto analyst Ali Martinez predicts a potential 40% surge in Shiba Inu (SHIB) price if it maintains a close above the $0.000038 resistance level, based on a symmetrical triangle pattern on the 4-hour chart. Conversely, falling below $0.000033 could negate this bullish outlook. SHIB's recent uptrend is attributed to hints of token burns and active community engagement by its lead developer. Currently, SHIB is trading 9.9% lower at $0.000031.

Portfolio Pulse from Benzinga Neuro

March 11, 2024 | 2:14 am

TSLA

TSM

Cathie Wood's Ark Invest projects a $28 trillion opportunity in AI, highlighting sectors like autonomous vehicles and drone technology. Tesla Inc (TSLA) is noted for its advancements in self-driving technology, with Ark setting a target price of $200 for TSLA shares. The firm also emphasizes the growing importance of drone technology across industries. Despite selling Nvidia shares, Ark Invest continues to invest in key suppliers like Taiwan Semiconductor Manufacturing Company Ltd. (TSM), maintaining a bullish outlook on AI and transformative technologies.

Portfolio Pulse from Benzinga Neuro

March 11, 2024 | 2:10 am

MESO

Mesoblast Limited announced that the U.S. FDA supports an accelerated approval pathway for rexlemestrocel-L in end-stage ischemic heart failure patients with a left ventricular assist device. This decision follows a Type B meeting with the FDA on February 21, 2024, under the existing Regenerative Medicine Advanced Therapy designation.

Portfolio Pulse from Charles Gross

March 10, 2024 | 11:37 pm

DAL

Delta Airlines' CEO anticipates a potential delay in the delivery of the Boeing 737 Max 10 aircraft until 2027, according to a report by Bloomberg. This projection could impact the fleet expansion plans of Delta and possibly affect Boeing's delivery schedule and financial forecasts.

Portfolio Pulse from Charles Gross

March 10, 2024 | 11:33 pm

BTCUSD

DOGEUSD

ETHUSD

Bitcoin's recent rally to over $70,000 has sparked renewed interest in cryptocurrencies, including Ether and Dogecoin, indicating a broader market recovery. The SEC's approval of spot ETFs for Bitcoin, with firms like BlackRock, Invesco, and Fidelity involved, has contributed to this confidence, attracting over $9 billion in net inflows. Financial experts suggest a modest Bitcoin allocation in diversified portfolios, while cautioning against speculative assets like meme coins and NFTs.

Portfolio Pulse from Bibhu Pattnaik

March 10, 2024 | 7:37 pm

AAPL

Bloomberg's Mark Gurman revealed insights into the now-defunct Apple car project, highlighting its innovative designs and the challenges that led to its cancellation. The project aimed to disrupt the EV market with a unique combination of hardware, software, and services. Despite the potential to significantly boost Apple's revenue, disagreements on strategy and technological hurdles, among other issues, led to the project's demise. The designs, which evolved over time, included features like a glass sunroof, minimalist interior, and full Level 5 self-driving capability. However, Apple eventually scaled back to Level 2 autonomy, adding traditional car elements back into the design.

Portfolio Pulse from Shanthi Rexaline

March 10, 2024 | 6:23 pm

CMCSA

NTDOY

March 10 is celebrated as Mario Day, honoring the iconic video game character from the Nintendo franchise. Nintendo Co (OTC:NTDOY) began celebrating this day in 2016, offering discounts on Mario and Nintendo games and items. The Super Mario Bros movie, featuring characters from the franchise, grossed $1.36 billion globally, becoming the second-highest grossing film of the year. Comcast Corporation (NASDAQ:CMCSA) collaborated with Nintendo for the movie's release and the expansion of Universal Studios theme parks. Nintendo's acquisition of Dynamo Pictures, now Nintendo Pictures, hints at future film projects involving its iconic characters.

Portfolio Pulse from Chris Katje

March 10, 2024 | 1:22 pm

ADP

EQT

TSM

President Joe Biden proposed a tax overhaul targeting billionaires like Elon Musk and Jeff Bezos in his State of the Union address, aiming to invest in various sectors. Fed Chair Jerome Powell provided an optimistic outlook on the U.S. economy, anticipating strong growth and a robust labor market. Asia's emerging markets, led by TSMC and Samsung, are recovering, driven by tech stocks. Natural gas prices surged as EQT Corporation, the largest U.S. producer, cut output. Employment growth in February, as reported by ADP, missed forecasts, indicating a slowdown in the labor market.

Portfolio Pulse from Benzinga Neuro

March 10, 2024 | 11:55 am

BTCUSD

DOGEUSD

ETHUSD

SHIBUSD

This week, the cryptocurrency market experienced significant volatility with Bitcoin, Ethereum, Dogecoin, and Shiba Inu at the center of attention. Bitcoin reached a record high before correcting by 7%, causing market-wide volatility. Dogecoin's market cap doubled, and its future looks bullish according to analyst Kaleo. Shiba Inu's lead developer hinted at a decentralized future, drawing parallels with the dot com era. Jim Cramer commented on the factors driving Bitcoin's rally, including spot Bitcoin ETFs and the halving event.

Portfolio Pulse from Benzinga Neuro

March 10, 2024 | 11:48 am

GOOG

GOOGL

MSFT

This week in AI featured Sergey Brin's admission of flaws in Alphabet's Gemini image generator, Cathie Wood's warning of a chip stock correction, and Microsoft's AI tool controversy. Brin acknowledged inadequate testing of Gemini, while Wood predicted a semiconductor market correction due to supply chain improvements. Microsoft faced issues with its AI image generator producing inappropriate content. Additionally, Elon Musk humorously commented on AI chatbot ChatGPT amid Bitcoin's volatile week.

Portfolio Pulse from Benzinga Neuro

March 10, 2024 | 11:39 am