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WIF

Raoul Pal humorously embraces the current altcoin season, highlighting the meme coin Dogwifhat (CRYPTO: WIF), which has seen a 361.59% increase in a week. Pal's tweet reflects a shift from serious blockchain debates to enjoying the speculative nature of meme coins, advising caution. Dogwifhat's popularity surged, especially after being listed on Robinhood's European platform, contributing to its value increase. The coin briefly became Solana's top memecoin, indicating a potential 'memecoin supercycle' and an 'alt season' with increased liquidity in smaller cryptocurrencies.

Portfolio Pulse from Benzinga Neuro

March 04, 2024 | 1:22 am

NFLX

Malaysia's Ministry of Transport is considering resuming the search for the missing Malaysia Airlines Flight 370 (MH370) with Ocean Infinity, a Texas-based company, proposing a 'no find, no fee' search. The Boeing 777 disappeared in 2014 with 239 people on board, and despite previous searches, remains unfound. The potential new search comes as interest in the MH370 mystery was reignited by a Netflix docuseries.

Portfolio Pulse from Benzinga Neuro

March 04, 2024 | 1:00 am

IGT

IPG

RELY

ZBH

Barron's cover story highlights the best luxury second home resort markets in the US, with Austin, Texas, Lake Geneva, Wisconsin, and Park City, Utah topping the list. Luxury second home prices rose 11% in 2015. The article also discusses investment opportunities in hedge funds through closed-end funds run by Bill Ackman and Dan Loeb, and mentions stocks like Interpublic Group (IPG), Zimmer Biomet Holdings (ZBH), Real Industry (RELY), and International Game Technology (IGT) for their potential.

Portfolio Pulse from Nelson Hem

March 03, 2024 | 9:37 pm

AAPL

Apple, Inc. (AAPL) abandoned its self-driving car project due to the ambitious goal of surpassing Tesla with a fully autonomous vehicle, a challenge even Apple found too difficult. Bloomberg's Mark Gurman highlighted the project's downfall was Apple's attempt to create a car that required zero driver intervention, a goal the auto industry still struggles with. The project's cessation came after significant investment into a Level 5 self-driving system and design work for a car without traditional controls. Gurman also noted the auto industry's thin profit margins and high production challenges as additional hurdles for Apple.

Portfolio Pulse from Shanthi Rexaline

March 03, 2024 | 9:36 pm

DOGEUSD

SHIBUSD

The article discusses the concept of a 'memecoin supercycle,' a period where memecoins like Dogecoin (DOGE) and Shiba Inu (SHIB) are expected to see significant gains. It highlights recent surges in memecoin values, such as Dogwifhat (WIF) and MAGA Memecoin (TRUMP), and the broader implications for the cryptocurrency market. The piece also touches on the reasons behind the memecoin supercycle, including a reaction against traditional financial systems and the accessibility of memecoins to investors of all wallet sizes. It concludes with a cautionary note on the risks involved in investing in memecoins.

Portfolio Pulse from Ivan Crnogatić

March 03, 2024 | 9:04 pm

FSR

TSLA

Tesla, Inc. (NASDAQ:TSLA) faces significant challenges in Q1 sales, according to Tesla numbers tracker Troy Teslike. The company introduced a promotion offering 5,000 free Supercharging miles for U.S. customers trading in their vehicle, aiming to boost sales. Challenges include low Model 3 and Cybertruck production, demand softness for Model Y, competition in China, and cancelled incentives in the EU. Teslike expects Q1 deliveries to be significantly lower than Q4's 484,000 units. Tesla's recent price cuts have not substantially increased deliveries and have impacted margins and earnings.

Portfolio Pulse from Shanthi Rexaline

March 03, 2024 | 6:24 pm

AAPL

GOOG

IBIT

RIVN

Cryptocurrencies experienced significant gains, with Bitcoin leading the surge. The total market capitalization of cryptocurrencies increased by over 17% to $2.33 trillion. Bitcoin's weekly gain was 19.5%, and Ethereum rose by 12.4%. Memecoins, particularly Dogwifhat, saw a 400% weekly surge. BlackRock's iShares Bitcoin ETF (IBIT) recorded high trading volumes, increasing its bitcoin holdings to over $7 billion. In traditional finance, the Nasdaq 100 gained 2.04%, while Apple Inc (AAPL) dropped after being removed from Goldman Sachs' Conviction List. Rivian Automotive Inc (RIVN) and Alphabet Inc. (GOOG) received optimistic outlooks from notable investors.

Portfolio Pulse from Ivan Crnogatić

March 03, 2024 | 5:33 pm

BONK

DOGE

PEPE

SHIB

WIF

Pseudonymous trader Bluntz Capital predicted Dogwifhat (WIF) would surpass at least two major memecoins on Solana, a prediction partially validated as it briefly overtook Bonk (BONK). Dogwifhat's market cap reached $1.6 billion, trading at $1.60. Influencers and former Goldman Sachs executive Raoul Pal see a memecoin supercycle, with Dogwifhat's rally surpassing $1.5 billion in market cap in less than four months. Arthur Hayes targets $2 for Dogwifhat, while Robinhood Europe's listing may have spurred its recent surge. Pepe (PEPE) also hit a new high, with a market cap of $2.1 billion.

Portfolio Pulse from Ivan Crnogatić

March 03, 2024 | 5:16 pm

DOGEUSD

SHIBUSD

The cryptocurrency world saw significant activity with Dogecoin's social dominance soaring, a proposed bill against CBDCs, a trader making millions with MAGA Memecoin, and Dogecoin and Shiba Inu poised for a bull run. Dogecoin's social media presence spiked, coinciding with its price crossing $0.10. Republican senators proposed a bill to ban CBDCs, potentially affecting the Biden administration's exploration of this technology. Erik Stevens turned $2,708 into $3.25 million with MAGA Memecoin. Crypto analysts predict bullish runs for Dogecoin and Shiba Inu, while Shiba Inu gained 60% with updates on its TREAT token.

Portfolio Pulse from Benzinga Neuro

March 03, 2024 | 11:01 am

AAPL

BABA

This week in the Appleverse, significant events included a preference for older iPhone models among Android switchers, a revelation about Steve Jobs' initial flip phone design for the iPhone, massive discounts on the iPhone 15 in China, and suggestions for Apple's growth through acquisitions. Apple Inc. (AAPL) and Alibaba Group Holding Ltd. (BABA) were directly mentioned, with AAPL making headlines for various reasons and BABA's Tmall offering discounts on the iPhone 15.

Portfolio Pulse from Benzinga Neuro

March 03, 2024 | 10:13 am