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BOME

SHIB

Book Of Meme (BOME) has seen a 6.4% price increase and a 13.4% rise in trading volume to $1.5 billion in the past 24 hours, surpassing Shiba Inu's (SHIB) volume. Binance will list BOME on its spot and futures market with a seed tag due to potential volatility and introduce a USDT-margined BOME Perpetual Contract with up to 50x leverage. BOME's derivatives data shows a 30% volume surge and $143.4 million in open interest, indicating bullish momentum. Technical analyst Kyledoops suggests BOME has established solid support, hinting at potential gains.

Portfolio Pulse from Khyathi Dalal

March 23, 2024 | 3:25 am

TSLA

Venture capitalist David Sacks defended Elon Musk against critics claiming he's not dedicating enough time to Tesla, attributing the company's challenges to cyclical issues rather than leadership. Despite Tesla's stock dropping 34% year to date and facing operational challenges, Goldman Sachs sees potential growth catalysts for Tesla, including new model production and technological updates. However, risks like price reductions, competition, and operational hurdles could impact its valuation.

Portfolio Pulse from Ananya Gairola

March 23, 2024 | 2:42 am

BTCUSD

Ark Invest CEO Cathie Wood predicts Bitcoin could reach $3.8 million by 2030, attributing the potential surge to increasing institutional adoption and the introduction of new ETF products. Wood's firm, along with others like BlackRock and Fidelity, received SEC approval for spot Bitcoin ETFs, driving demand for Bitcoin. The upcoming Bitcoin halving event is also expected to contribute to this demand-driven rally.

Portfolio Pulse from Rounak Jain

March 23, 2024 | 2:18 am

TLLTF

Gary Santo, CEO of RX Green Technologies, will speak at the Benzinga Cannabis Capital Conference in Florida, highlighting the company's all-in-one marketplace for cannabis cultivation. Santo, with a background in regulated cannabis and former leadership at TILT Holdings (OTC:TLLTF), aims to address cultivation challenges and operational efficiency. TILT Holdings, under Santo's leadership, has seen a strategic shift and financial growth, making it an attractive investment opportunity.

Portfolio Pulse from Nicolás Jose Rodriguez

March 22, 2024 | 9:14 pm

DKNG

MGM

RSI

Oakland University's upset win over Kentucky in the 2024 NCAA Men's Basketball Tournament has significantly impacted sportsbooks, with BetMGM (MGM), DraftKings Inc (DKNG), and Rush Street Interactive (RSI) seeing shifts in betting patterns. Former President Barack Obama's bracket, which had Kentucky reaching the Final Four, is likely to rank lower due to this upset. The win by Oakland, a 14-seed, against 3-seed Kentucky was the biggest upset of the tournament's first day, with sportsbooks potentially benefiting from the unexpected outcome.

Portfolio Pulse from Chris Katje

March 22, 2024 | 9:08 pm

AA

LZM

METC

WS

Lifezone Metals Limited received a license from Tanzania for a nickel, copper, and cobalt refining facility, planning a feasibility study by Q3 2024 and secured $50M in funding. Worthington Steel reported a 3% increase in Q3 sales to $805.8M and earnings of $49M, announcing a dividend. Ramaco Resources revealed over 1.5 million tons of rare earth oxide at its Brook Mine, indicating significant commercial potential. Alcoa Corporation issued $750M in senior notes for green projects, marking its first Green Finance Instrument.

Portfolio Pulse from Michael Cohen

March 22, 2024 | 9:08 pm

ISPR

Ispire Technology's co-CEO, Michael Wang, discussed the company's 30.7% revenue increase in Q2 to $41.7 million on Benzinga’s Cannabis Insider, attributing the growth to technological innovations in cannabis vaping products. Collaborations with high-profile names like Snoop Dogg and strategies for navigating regulatory challenges and global expansion were also highlighted.

Portfolio Pulse from Abbey Higginbotham

March 22, 2024 | 9:00 pm

DIS

DKNG

WBD

Florida basketball head coach Todd Golden plans to wear shoes supporting Magen David Adom, an Israeli disaster relief organization, during a March Madness game. This move, amidst the ongoing Israel-Hamas conflict, could draw attention and controversy. The game will be broadcast on TBS, owned by Warner Bros. Discovery (WBD), and involves betting odds from DraftKings Inc (DKNG). The situation reflects broader tensions around public figures expressing political stances, as seen with the NBA's ban on political messages on shoes and reactions to political statements in Hollywood.

Portfolio Pulse from Chris Katje

March 22, 2024 | 8:47 pm

META

Lady Gaga is speculated to be recording new music based on her recent Instagram post showing audio waves, as interpreted by Billboard. While there's no official album announcement, fans are excited for potential new music since her 2020 album, "Chromatica." Gaga has been busy with various projects, including relaunching her Haus Labs makeup brand, acting in "Joker: Folie à Deux," philanthropy, and editing a film about her "Chromatica Ball" tour. She's also announced eight shows at the Dolby Live theater at Park MGM and performed at the 2024 Fortnite Festival.

Portfolio Pulse from Franca Quarneti

March 22, 2024 | 8:43 pm

CSTL

Castle Biosciences, Inc. (NASDAQ:CSTL) announced new data at the SSO 2024 Annual Meeting showing the effectiveness of its DecisionDx-Melanoma test in predicting sentinel lymph node (SLN) positivity and guiding patient care in cutaneous melanoma (CM). The test demonstrated its ability to identify patients at low risk of SLN positivity, potentially avoiding unnecessary sentinel lymph node biopsies (SLNB), and high-risk patients who might benefit from more intensive treatment. The data, supported by 50 peer-reviewed publications and over 10,000 patient samples, underscores the test's value in improving patient outcomes by guiding risk-aligned clinical decisions.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 8:34 pm