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BTCUSD

MSTR

Peter Schiff, a long-time critic of Bitcoin, would have made $38 million if he had invested $10,000 in Bitcoin 13 years ago. Despite Bitcoin's massive growth, Schiff continues to criticize its utility.

Portfolio Pulse from Aniket Verma

June 21, 2024 | 5:27 am

AMZN

GOOG

GOOGL

Anthropic, an AI startup backed by Google and Amazon, has unveiled its most advanced AI model, Claude 3.5 Sonnet. This model is faster and more efficient than its predecessor and is available for free on the company's website and iPhone app. The model can also be accessed through Amazon Bedrock and Google Cloud's Vertex AI.

Portfolio Pulse from Ananya Gairola

June 21, 2024 | 5:26 am

GRWG

GrowGeneration Corp (NASDAQ: GRWG) CEO Daren Lampert discussed the company's role in the cannabis industry at the Benzinga NJ Cannabis Event. GrowGeneration, which operates 46 hydroponics stores in 17 states, helps growers with equipment and expertise. Despite challenges like high real estate prices and legal restrictions in New Jersey, the company aims to support both professional and home growers.

Portfolio Pulse from Jelena Martinovic

June 21, 2024 | 4:13 am

BTCUSD

ETHUSD

SOLUSD

3iQ Corp has filed a preliminary prospectus to launch North America's first Solana-based exchange-traded product (ETP) in Canada under the ticker QSOL. This move aligns with the growing interest in cryptocurrency ETFs, although there is skepticism about the near-term feasibility of such ETFs in the U.S. due to regulatory hurdles.

Portfolio Pulse from Aniket Verma

June 21, 2024 | 2:48 am

AAPL

BABA

BIDU

Apple's AI expansion in China faces significant challenges due to stringent local regulations and rising competition from local companies like Huawei. The company may need to develop localized AI models and consider partnerships with Chinese tech giants such as Baidu and Alibaba to comply with regulations and succeed in the market.

Portfolio Pulse from Benzinga Neuro

June 21, 2024 | 2:06 am

BTCUSD

DOGEUSD

ETHUSD

NVDA

Leading cryptocurrencies like Bitcoin, Ethereum, and Dogecoin remain rangebound amid hawkish signals from the Federal Reserve. Bitcoin and Ethereum faced resistance and saw a drop in Open Interest, signaling a weak market. Analysts predict a potential reversal for Bitcoin. Stocks also retraced from records, with NVIDIA Corp. experiencing a significant drop.

Portfolio Pulse from Aniket Verma

June 21, 2024 | 1:53 am

DIS

META

Khloe Kardashian has signed a video podcast deal with social media platform X, owned by Elon Musk. The podcast will be part of X's 'Originals on X' launch and will feature 26 episodes starting in fall 2024. This move is part of X's strategy to grow its video content offerings.

Portfolio Pulse from Chris Katje

June 20, 2024 | 10:06 pm

ASTL

Algoma Steel projects Q1 total steel shipments between 500,000 to 510,000 tons and reaffirms its outlook on its transformative Electric Arc Furnace project.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 10:03 pm

BHC

Bausch Health has filed a patent infringement lawsuit against Norwich Pharmaceuticals in the U.S. District Court for the District of New Jersey. The lawsuit is in response to Norwich's ANDA submission to the FDA for a generic version of XIFAXAN® (rifaximin) 550 mg tablets, used to treat IBS-D.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 9:31 pm

MIGI

Mawson Infrastructure reported a 19% year-over-year increase in overall revenue to approximately $4.46 million, equivalent to about 70 BTC. The company also announced that the expansion of its Midland facility is progressing well, which will increase its capacity by 20 MW to a total of 129 MW and about 41,530 miners.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 9:18 pm