Streetbeat News

Products Services

BATT

ICLN

LAC

LIT

MSFT

QCLN

REMX

RIO

TSLA

A study suggests Arkansas may hold up to 19 million tons of lithium, potentially boosting U.S. lithium resources significantly. This discovery could benefit lithium-focused ETFs and companies involved in lithium mining and technology.

Portfolio Pulse from Benzinga Neuro

October 22, 2024 | 4:42 am

DOGEUSD

SHIBUSD

Feline-themed cryptocurrency MEW defied the broader meme coin market slump with a 6% spike, while Dogecoin and Shiba Inu saw declines. MEW's trading volume surged 353%, and its YTD gain reached 414%. The meme coin market's total cap contracted by nearly 2%.

Portfolio Pulse from Aniket Verma

October 22, 2024 | 4:29 am

AMZN

MSFT

NVDA

ORCL

SAP

SAP SE is emerging as a key player in the AI sector, alongside NVIDIA and Microsoft, as it transitions to cloud-based services. Despite exceeding earnings expectations, SAP faces a DOJ investigation over alleged overcharging. The stock saw a 3.54% rise in after-hours trading.

Portfolio Pulse from Kaustubh Bagalkote

October 22, 2024 | 2:50 am

AMZN

ARKQ

CERS

Cathie Wood's Ark Invest purchased $3.95M worth of Amazon stock, indicating confidence in Amazon's potential nuclear energy ventures. The ARKQ fund acquired 20,883 shares of Amazon, reflecting 0.4951% of the ETF. This move follows Amazon's job posting for a Principal Nuclear Engineer, suggesting a strategic energy shift.

Portfolio Pulse from Benzinga Neuro

October 22, 2024 | 2:28 am

NWSA

Rupert Murdoch's Dow Jones and the New York Post have sued Jeff Bezos-backed AI firm Perplexity for copyright infringement, alleging unauthorized use of their content. The lawsuit claims Perplexity's business model involves using copyrighted material to train its AI, redirecting traffic, and depriving the publishers of revenue.

Portfolio Pulse from Ananya Gairola

October 22, 2024 | 2:03 am

AMZN

BTCUSD

DOGEUSD

ETHUSD

TSLA

Cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced a sharp decline after reaching multi-month highs. Bitcoin fell to an intraday low of $66,580, while Ethereum dropped to the $2,600 zone. Despite the pullback, market sentiment remains in the 'Greed' zone. Analysts suggest buying Bitcoin dips between $62,000 and $63,000. Meanwhile, stocks also pulled back, with the Dow and S&P 500 giving up recent gains, while the Nasdaq Composite saw a slight increase.

Portfolio Pulse from Aniket Verma

October 22, 2024 | 1:57 am

DJT

NVDA

SAP

SAVE

TSLA

Nvidia, Spirit Airlines, SAP, Trump Media & Technology, and Tesla were notable stocks on Monday. Nvidia hit a new high due to GPU demand, Spirit Airlines soared on debt refinancing, SAP had mixed results, Trump Media rose despite allegations, and Tesla declined after Musk dismissed a Rivian acquisition.

Portfolio Pulse from Benzinga Neuro

October 22, 2024 | 1:42 am

AAPL

Apple CEO Tim Cook has high expectations for the new Apple Intelligence technology, which he believes will significantly change how consumers use Apple products. This AI technology is expected to be a major milestone in Apple's history, similar to past innovations like the iPod and iPhone. Cook emphasizes that while some may be skeptical, Apple Intelligence will eventually be appreciated by many. The technology is crucial for persuading users to upgrade to new iPhone models.

Portfolio Pulse from Chris Katje

October 21, 2024 | 11:13 pm

DEM

WisdomTree Asset Management Inc. has been fined $4 million by the SEC for compliance failures related to ESG funds. The firm invested in fossil fuels and tobacco, contradicting its ESG-marketed ETFs' prospectuses. WisdomTree has since liquidated the funds.

Portfolio Pulse from Erica Kollmann

October 21, 2024 | 10:57 pm

AMZN

NNE

OKLO

SMR

Oklo Inc. (NYSE:OKLO) shares rose as nuclear energy stocks gained momentum following Amazon's $500 million investment in nuclear power. Amazon Web Services signed agreements to build small modular reactors, sparking interest in nuclear energy for AI-driven energy demands. Oklo, a fast fission power plant developer, is speculated to secure a deal with a major tech company, boosting its stock. Other nuclear stocks like NuScale Power Corp. (NYSE:SMR) and Nano Nuclear Energy Inc. (NASDAQ:NNE) also saw gains.

Portfolio Pulse from Vaishali Prayag

October 21, 2024 | 9:55 pm