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DELL

NVDA

TSLA

Dell Technologies Inc (NYSE:DELL) and NVIDIA Corp (NASDAQ:NVDA) are collaborating to build an AI factory to power xAI's supercomputer, as confirmed by Elon Musk and Michael Dell. This factory will support Grok, xAI's generative AI chatbot, designed to rival OpenAI's ChatGPT. The partnership is seen as a pivotal move in the AI industry, with Dell assembling half of the racks for the supercomputer.

Portfolio Pulse from Benzinga Neuro

June 20, 2024 | 1:59 am

BTCUSD

DOGEUSD

ETHUSD

NVDA

Ethereum surged following a regulatory win against the SEC, while Bitcoin and Dogecoin remained relatively stable. Ethereum's derivatives market showed bullish sentiment with a significant increase in Open Interest. NVIDIA's stock boom contributed to record highs in the S&P 500 and Nasdaq Composite.

Portfolio Pulse from Aniket Verma

June 20, 2024 | 1:31 am

AAP

BBU

SNOW

CDK Global, an automotive data provider, experienced a cyber incident that disrupted operations across the U.S. and Canada. The company, acquired by Brookfield Business Partners in 2022, is actively investigating the issue and working to restore functionality. This incident highlights the vulnerability of automotive-related companies to cyber attacks.

Portfolio Pulse from Anthony Noto

June 19, 2024 | 8:44 pm

BTCUSD

Crypto analyst Miles Deutscher highlights a fundamental flaw causing altcoins to underperform despite Bitcoin's significant gains. The oversupply of new tokens and insufficient liquidity are key issues. Measures like better token distribution and higher initial unlock percentages are suggested to improve the market.

Portfolio Pulse from Ivan Crnogatić

June 19, 2024 | 7:17 pm

CHK

CNQ

EOG

EQT

FANG

KMI

LNG

OKE

UNG

VST

Extreme heat waves across the U.S. are expected to drive up natural gas prices due to increased electricity demand for air conditioning. This trend is likely to benefit natural gas producers and related stocks. Key stocks to watch include EQT Corporation, Chesapeake Energy, Cheniere Energy, Canadian Natural Resources, Antero Resources, EOG Resources, Kinder Morgan, Diamondback Energy, ONEOK, and Vistra Corp.

Portfolio Pulse from Piero Cingari

June 19, 2024 | 6:12 pm

AAPL

SPOT

TikTok is forming a Music Content Investment Team to explore global partnership or acquisition opportunities in the music content sector. This move could impact major music rights holders and mirrors strategies of tech giants like Apple and Spotify.

Portfolio Pulse from Franca Quarneti

June 19, 2024 | 5:24 pm

BTCUSD

ETHUSD

Travis Kling analyzed Bitcoin's underperformance relative to macro conditions and Ethereum's struggles before its ETF trading launch. Bitcoin is trading 10% below its ATHs despite favorable conditions, while the NASDAQ surged 16%. Bitcoin's sluggish performance is notable given strong ETF inflows. Ethereum remains 30% below ATH, and the broader altcoin market is down 32%. Kling speculates that U.S. government sales and Ethereum ETF repositioning are impacting Bitcoin.

Portfolio Pulse from Ivan Crnogatić

June 19, 2024 | 4:08 pm

AMC

BLOK

BUZZ

GME

SFYF

Keith Gill's return to social media has reignited interest in meme stocks like GameStop and AMC, causing their prices to surge. Investors looking to capitalize on this trend can consider three ETFs: VanEck Social Sentiment ETF (BUZZ), SoFi Social 50 ETF (SFYF), and Amplify Transformational Data Sharing ETF (BLOK). These ETFs offer exposure to stocks driven by social sentiment and meme stock phenomena.

Portfolio Pulse from Surbhi Jain

June 19, 2024 | 1:01 pm

IMAX

NFLX

IMAX CEO Richard Gelfond has expressed skepticism about Netflix's plan to launch immersive retail experiences, suggesting that it may be challenging for Netflix to succeed in areas outside its core competencies. Netflix plans to open its first two immersive venues, 'Netflix House,' by 2025 in Pennsylvania and Texas.

Portfolio Pulse from Benzinga Neuro

June 19, 2024 | 10:53 am

ASML

LRCX

NVDA

The U.S. is urging Japan and the Netherlands to tighten export controls on chipmaking equipment to China, continuing efforts to restrict China's access to advanced semiconductor technology. This follows previous restrictions on companies like Nvidia and Lam Research, and new talks to add more Chinese factories to the restricted list.

Portfolio Pulse from Benzinga Neuro

June 19, 2024 | 10:26 am