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GOOG

GOOGL

RACE

TSLA

YouTuber MrBeast tested ad revenue potential on X (formerly Twitter) by reuploading a video, earning over $250,000. The video, originally on YouTube (Alphabet Inc: GOOG, GOOGL), featured a Tesla Model X Plaid (Tesla Inc: TSLA) and a Ferrari (Ferrari NV: RACE). Elon Musk's promotion may have boosted views. MrBeast plans to share earnings with followers and noted X's monetization is less than YouTube's, insufficient to cover his video production costs.

Portfolio Pulse from Chris Katje

January 22, 2024 | 8:23 pm

BTCUSD

Ark Invest CEO Cathie Wood and Director of Digital Assets Yassine Elmandjra debunked five common myths about Bitcoin, emphasizing its strengths such as the powerful computing network it's backed by, decreasing volatility, purposeful energy usage, neutral nature not making it inherently criminal, and its intrinsic value as a contender for global digital money. The thread has gained significant attention, indicating a strong interest in Bitcoin's potential.

Portfolio Pulse from Murtuza Merchant

January 22, 2024 | 8:16 pm

CDE

FEAM

Coeur Mining, Inc. (CDE) reported significant drilling results from its Silvertip project, with high-grade mineral intercepts. Nippon Steel Corp.'s (NISTF) acquisition of United States Steel Corp. (X) was defended by Larry Summers, citing benefits to the U.S. steel industry. 5E Advanced Materials, Inc. (FEAM) completed a $10 million equity financing round to advance mining operations.

Portfolio Pulse from Austin DeNoce

January 22, 2024 | 8:02 pm

DuPont and Point Blank Enterprises have entered into an exclusive partnership involving DuPont Kevlar EXO. The financial terms of the agreement have not been disclosed to the public.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 8:01 pm

TSLA

Tesla Inc (NASDAQ: TSLA) is set to report Q4 financial results after market close on Jan. 24. Analysts expect $25.547 billion in revenue and 74 cents EPS. Tesla missed Q3 estimates but beat Q4 delivery estimates. Key focuses include margins, Cybertruck, FSD updates, and U.S. EV market share. Gene Munster predicts Cybertruck deliveries at 35,000 units in 2024. Adam Jonas lowered Tesla's price target from $380 to $345, citing an unfavorable EV market. Daniel Ives praised Q4 deliveries and predicts a sub-$30k Tesla vehicle by end of 2024. Shareholders are interested in the next-gen vehicle launch, Cybertruck orders, FSD V12 timeline, and Tesla Semi production. Musk's AI initiatives and potential increased ownership in Tesla are also in focus.

Portfolio Pulse from Chris Katje

January 22, 2024 | 7:50 pm

BLK

COIN

SOLUSD

Ondo Finance, a tokenization project backed by Coinbase Global Inc (NASDAQ:COIN), has announced its expansion into the Asia Pacific region, coinciding with a 60% surge in the price of its ONDO token over the past week. The company has opened its first office in the region and appointed Ashwin Khosa as the vice president of Business Development for Asia Pacific. Ondo Finance has also announced partnerships with Mantle and Solana to expand the USDY stablecoin to their blockchains. The company offers four primary products, including tokenized wrappers of BlackRock (NASDAQ:BLK) funds and a lending protocol. Cryptocurrency analysts anticipate listings on major exchanges and significant growth for the ONDO token.

Portfolio Pulse from Khyathi Dalal

January 22, 2024 | 7:42 pm

IONS

Ionis Pharmaceuticals Inc (NASDAQ:IONS) reported positive Phase 3 results for donidalorsen in treating hereditary angioedema (HAE), meeting its primary endpoint and all secondary endpoints for the Q4W group. The drug was well-tolerated with no serious adverse events. Ionis is preparing for FDA submission and plans to present detailed results at an upcoming congress. William Blair maintains an Outperform rating on Ionis, citing it as their top pick for 2024 due to multiple upcoming catalysts and a strong execution track record. IONS shares rose 0.82% to $51.40.

Portfolio Pulse from Vandana Singh

January 22, 2024 | 7:35 pm

OTGLY

Palworld, a game developed by Pocketpair, sold over 5 million copies in three days, surpassing major titles in sales pace. Despite its success, the game has faced controversy, including accusations of plagiarism from Pokémon and death threats to its developers. Pocketpair's CEO addressed the harassment and legal concerns, stating that Palworld underwent legal reviews. The game became the most-played on Steam with over 1.29 million concurrent players, setting records as the most-played Japanese game and second most-played paid game on Steam.

Portfolio Pulse from Franca Quarneti

January 22, 2024 | 7:30 pm

ADM

DWAC

GILD

RVSN

SGMT

VIRI

U.S. stocks saw gains with the Dow Jones rising over 100 points. Industrials shares led the gains, while utilities fell. Archer-Daniels-Midland Company (ADM) shares plunged after placing its CFO on leave and revising its FY23 EPS outlook downwards. Sagimet Biosciences (SGMT) and Rail Vision (RVSN) surged on positive developments. Digital World Acquisition Corp. (DWAC) rose after Trump's endorsement by Florida Gov. Ron DeSantis. Virios Therapeutics (VIRI) and Gilead Sciences (GILD) fell on negative clinical and study results.

Portfolio Pulse from Avi Kapoor

January 22, 2024 | 7:19 pm

NVO

The European Medicines Agency (EMA) is considering the expanded use of Novo Nordisk's weight loss drug, Wegovy, to also reduce the risk of stroke and heart attacks. This follows positive results from the SELECT trial, which showed a 20% reduction in major adverse cardiovascular events (MACE) with Wegovy compared to placebo. Novo Nordisk's CEO highlighted the drug's efficacy at the JPMorgan Healthcare conference. NVO shares were down 1.12% at $105.76 in the last check.

Portfolio Pulse from Vandana Singh

January 22, 2024 | 7:07 pm