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DJT

Former President Donald Trump has pledged to end President Joe Biden's 'war on crypto' during a campaign speech in Wisconsin. This marks a significant shift in Trump's stance on cryptocurrencies, as he now positions himself as a pro-crypto candidate. The announcement has led to a 27% surge in the price of MAGA Coin.

Portfolio Pulse from Aniket Verma

June 19, 2024 | 3:07 am

TSLA

Tesla has started delivering the upgraded Model 3 Performance in China, priced at 335,900 yuan ($46,294). This move comes as Tesla aims to boost sales following a reported 8.5% year-on-year decline in deliveries for Q1 2023. The Performance variant was introduced in the U.S. in April and is priced at $54,990.

Portfolio Pulse from Anan Ashraf

June 19, 2024 | 2:42 am

BTCUSD

NVDA

Peter Schiff, a well-known economist and Bitcoin critic, used Nvidia's rise as the world's most valuable company to criticize Bitcoin's utility. He highlighted that Nvidia GPUs contain gold but no Bitcoin, arguing that Bitcoin needs gold, but gold does not need Bitcoin. Schiff's comments come amid his ongoing criticisms of Bitcoin and its associated spot ETFs.

Portfolio Pulse from Aniket Verma

June 19, 2024 | 2:17 am

GOOG

GOOGL

Alphabet Inc. (GOOGL, GOOG) is investing $2.3 billion in Ohio to expand its data centers and technical infrastructure, reinforcing Ohio's status as a tech hub. This investment is part of a broader trend of tech companies enhancing their AI and cloud capabilities.

Portfolio Pulse from Benzinga Neuro

June 19, 2024 | 2:06 am

BTCUSD

DOGEUSD

ETHUSD

NVDA

Leading cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced declines as traders remained cautious about a shrinking market during the summer months. Bitcoin fell to the $64,000 zone, Ethereum dipped below $3,500, and Dogecoin dropped by 4.59%. The Cryptocurrency Fear & Greed Index also fell, indicating moderating buying pressure. Meanwhile, the stock market saw gains, with NVIDIA Corp. jumping 3.5% and becoming the most valuable public company in the world.

Portfolio Pulse from Aniket Verma

June 19, 2024 | 1:42 am

AAPL

MSFT

NVDA

Nvidia's rise to become the world's most valuable company is attributed to a 'once-in-a-generation multi-purpose technological transformation,' according to economist Mohamed El-Erian. Nvidia's strategic focus on graphics chips and AI has propelled its market cap to $3.33 trillion, surpassing Microsoft and Apple.

Portfolio Pulse from Benzinga Neuro

June 19, 2024 | 12:53 am

FSRN

LCID

RIVN

STLA

TSLA

Fisker Inc (OTCPK: FSRN) has filed for bankruptcy due to significant cash flow and manufacturing problems, leading to questions about the viability of the EV market. The bankruptcy follows a series of setbacks, including canceled pre-orders and a recall of its Ocean SUV. The news has implications for other EV manufacturers like Tesla, Rivian, and Lucid, as well as traditional automakers like Ford, GM, and Stellantis, who are also investing heavily in EVs.

Portfolio Pulse from Hayden Buckfire

June 18, 2024 | 9:26 pm

CCOEY

Speculation is growing that Capcom ADR (OTC:CCOEY) might release the original Resident Evil on Steam, following a new listing on PEGI’s website for a PC version with a release date of June 18. The original game, which debuted on PC in 1996, is not currently available on major PC platforms like Steam. If the listing is accurate, it could be a re-release of the Director's Cut version. Capcom is also rumored to be working on remakes of Resident Evil Zero and Code Veronica, as well as the next mainline installment, Resident Evil 9.

Portfolio Pulse from Franca Quarneti

June 18, 2024 | 8:53 pm

AAPL

NVDA

XLK

Nvidia has become the most valuable company in the world, surpassing Apple and Microsoft. Nvidia's stock has surged due to strong financial results, a recent stock split, and AI hype. A poll showed 59.5% of retail investors prefer Nvidia over Apple. The Technology Select Sector SPDR Fund (XLK) will rebalance to make Nvidia its largest weighting. Analysts are bullish on Nvidia, while Apple's recent event received mixed reactions.

Portfolio Pulse from Chris Katje

June 18, 2024 | 8:51 pm

LMT

NASA has awarded Lockheed Martin a $2.27 billion contract to build spacecraft for NOAA's GeoXO satellite program. The contract includes the development of three spacecraft with options for four more, and covers 10 years of on-orbit operations and 5 years of on-orbit storage.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:44 pm