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GOOG

GOOGL

Elon Musk announced that Google is taking immediate action to address racial and gender bias in its Gemini AI chatbot, following his criticism and a conversation with a senior Google executive. Musk also highlighted the upcoming update for his AI chatbot, Grok, emphasizing the importance of truth in AI development. Google's Gemini has faced backlash for generating biased or irrelevant images, leading to a temporary halt in its image-generation feature.

Portfolio Pulse from Rounak Jain

February 24, 2024 | 4:06 am

TSLA

Jim Cramer, host of CNBC's 'Mad Money,' finds Ford Motor Co. (NYSE:F) notably interesting amid the electric vehicle (EV) market slowdown, highlighting Ford's strategic shift towards hybrid vehicle production. Despite the EV market deceleration, Ford has shown significant progress in the hybrid sector, contrasting with Tesla Inc. (NASDAQ:TSLA), which reported a weak fourth quarter and anticipates reduced vehicle volume growth. Ford's focus on hybrids and price adjustments for its Mustang Mach-E in Canada positions it advantageously in the evolving auto market.

Portfolio Pulse from Benzinga Neuro

February 24, 2024 | 2:11 am

TLRY

Tilray Brands (NASDAQ:TLRY) celebrates the passage of the German Medical Cannabis Act, marking a significant development in Germany's medical cannabis market. The act facilitates easier access to high-quality cannabis medicines for patients, with Tilray Medical looking forward to utilizing its Neumünster site in Germany to meet the increased demand. This move is expected to enhance patient care by providing a wider range of treatment options.

Portfolio Pulse from Maureen Meehan

February 24, 2024 | 1:42 am

GOOGL

IBM

MCD

NVDA

Jim Cramer highlighted McDonald's adoption of AI in drive-thrus, a move involving Nvidia, IBM, and Alphabet, as a significant trend in the U.S. This collaboration for AI-enabled voice recognition could boost Nvidia's position, given its role as a leading AI chipmaker. Nvidia's recent financial success and market cap milestone underscore its growing influence in the tech sector.

Portfolio Pulse from Navdeep Yadav

February 24, 2024 | 1:33 am

LUNR

Intuitive Machines' stock price fell in after-hours trading following the announcement that their moon lander tipped over upon landing. This incident raises concerns about the company's future missions and its technological reliability.

Portfolio Pulse from Charles Gross

February 23, 2024 | 11:26 pm

MDB

NVDA

PLTR

SNOW

Wedbush Securities analyst Dan Ives predicts a tech bull market driven by AI, with Nvidia at the forefront, continuing into 2025. Ives highlights the significant potential for AI infrastructure spending to benefit companies like MongoDB, Palantir, and Snowflake. He sees supply and regulatory issues as temporary, anticipating a '1995 Moment' for the tech sector with $1 trillion of incremental spending over the next decade.

Portfolio Pulse from Erica Kollmann

February 23, 2024 | 10:32 pm

BHP

HCC

RBC Capital analysts lowered their price target for Warrior Met Coal (NYSE:HCC) from $74 to $64 due to increased development costs at the Blue Creek mine, which were significantly higher than expected. The company plans to spend $335 million to $390 million this year on the mine and other expenditures, a 32% increase over RBC's forecast and 24% above consensus. Despite these higher costs, Warrior Met Coal's Q4 net income rose, supported by higher production, sales, and prices for steelmaking coal. The Blue Creek mine, set to begin operations in 2026, is one of the largest untouched metallurgical coal reserves in North America.

Portfolio Pulse from Matt Whittaker

February 23, 2024 | 10:17 pm

ARKK

NVDA

SARK

TARK

Nvidia (NVDA) experienced a historic surge, adding $273 billion in value in a single day, becoming the 4th largest company globally. This surge followed an earnings call where Nvidia beat revenue and earnings expectations, with optimistic forecasts for the next quarter. Cathie Wood of ARK Innovation ETF (ARKK) sold her Nvidia shares in January 2023, believing Nvidia to be overvalued and preferring smaller AI stocks. Wood's current preferences include UiPath (PATH) and Twilio (TWLO). For bullish traders on ARKK, the AXS 2X Innovation ETF (TARK) offers double the daily return of ARKK, while the AXS Short Innovation Daily ETF (SARK) provides an option for bears, aiming for inverse performance of ARKK.

Portfolio Pulse from Johnny Rice

February 23, 2024 | 9:32 pm

LUNR

Intuitive Machines Inc has announced that Odysseus, its lunar exploration module, is operational. Flight controllers are currently in communication with Odysseus, commanding it to download scientific data.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 9:26 pm

AMD

LCID

NVDA

PANW

RIVN

Nvidia Corp. (NASDAQ:NVDA) reported exceptional earnings, driving its stock and the broader market to record highs. The company's AI division's success, with a 70% market share in AI chips, positions Nvidia as a leader in the emerging 'AI factories' sector. Other companies and ETFs related to Nvidia and tech, such as C3.ai (NASDAQ:AI) and Advanced Micro Devices Inc. (NASDAQ:AMD), are also set to benefit. Meanwhile, the Federal Reserve's cautious stance on rate cuts and expanded sanctions against Russia mark significant economic developments. Additionally, notable mentions include Palo Alto Networks Inc. (NASDAQ:PANW) facing challenges due to strategic shifts, and Elon Musk's skepticism towards Lucid Group Inc. (NASDAQ:LCID) and Rivian Automotive Inc. (NASDAQ:RIVN) in the EV market.

Portfolio Pulse from Piero Cingari

February 23, 2024 | 9:05 pm