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Apple Inc. is contending with a DOJ antitrust lawsuit, which it claims threatens its innovation. A 2022 conversation involving CEO Tim Cook has been highlighted in the lawsuit regarding iPhone messaging improvements. Apple is also exploring AI advancements, including a potential partnership with Alphabet Inc. to integrate Google's Gemini AI into iPhone software, and has unveiled a new multimodal AI. Additionally, Nvidia Corp. has developed a software framework to enhance Apple Vision Pro's displays.

Portfolio Pulse from Benzinga Neuro

March 24, 2024 | 7:00 am

AAPL

GOOG

GOOGL

MSFT

NVDA

This week in AI saw Nvidia unveiling a new superchip, Elon Musk criticizing the Microsoft-OpenAI alliance, Apple making strides in AI research, and speculation about a potential Nvidia stock split. Additionally, a potential collaboration between Apple and Google on the Gemini AI model was discussed.

Portfolio Pulse from Benzinga Neuro

March 24, 2024 | 6:58 am

AAPL

Apple Inc. (NASDAQ:AAPL) is facing a legal battle with the Department of Justice over alleged anti-competitive practices in its App Store. The outcome could allow iPhone users to download apps from third-party stores, potentially fostering competition and impacting Apple's bottom line. Critics argue Apple's control over the App Store stifles competition and innovation, while Apple defends its policies as necessary for security and quality. The case could lead to significant changes in app distribution and user experience on Apple devices.

Portfolio Pulse from Bibhu Pattnaik

March 23, 2024 | 9:25 pm

INTC

NVDA

TSLA

TSM

Benzinga's analysis highlights market optimism due to the Federal Reserve's interest rate stance and features bullish and bearish perspectives on stocks like Tesla, Nvidia, and companies like Taiwan Semiconductor and Intel. It also notes a surge in Shiba Inu interest and critiques on Bitcoin's promotion and future.

Portfolio Pulse from Michael Cohen

March 23, 2024 | 8:12 pm

ALB

BHP

FPOCF

TECK

VALE

At the Prospectors & Developers Association of Canada meeting, mining executives highlighted a 'trust deficit' with the public despite the industry's crucial role in producing metals for the energy transition. Challenges include long permitting times, labor shortages, and cost inflation. Teck Resources Ltd.'s CEO emphasized the need for the mining sector to regain trust by protecting and restoring nature. BHP Group Ltd. and Vale SA discussed the importance of community engagement and ethical sourcing. The industry's value in decarbonization and the need for better promotion were also noted.

Portfolio Pulse from Matt Whittaker

March 23, 2024 | 3:41 pm

SOLUSD

Book of Meme (BOME), a meme coin in the Solana ecosystem, has seen a dramatic increase in price, soaring over 22,000% in just 10 days. Factors contributing to this surge include a rise in open interest among derivatives traders, a notable short squeeze, and increased derivatives volume. Binance is investigating potential insider trading related to BOME, and the crypto community is anticipating the debut of Book of Meme 2.0 (BOME2) on LBank.

Portfolio Pulse from Bibhu Pattnaik

March 23, 2024 | 2:16 pm

DIS

Former Disney CEO Bob Chapek criticized Bob Iger's strategy for ESPN, questioning the benefit of adding another minority partner to the sports network. Chapek highlighted ESPN's importance and its challenges in transitioning from cable to streaming. Disney, under Iger, is considering selling a minority stake in ESPN to aid in launching a new direct-to-consumer sports platform by 2025, with potential partnerships with the NBA and NFL. ESPN President Jimmy Pitaro emphasized the focus on partnership rather than equity in this transition.

Portfolio Pulse from Chris Katje

March 23, 2024 | 12:49 pm

BTCUSD

Cryptocurrency analyst Michaël van de Poppe suggests the recent 7% drop in Bitcoin (BTC) is part of a larger cycle, attributing it to the upcoming halving event. He believes this consolidation signals a 'peaking pre-halving' phase, similar to previous cycles, and anticipates a 'long, massive bull market' ahead for Bitcoin. Despite the correction, Van de Poppe remains bullish, viewing any dips as buying opportunities. The next Bitcoin halving, which reduces mining rewards, is expected next month.

Portfolio Pulse from Rounak Jain

March 23, 2024 | 8:30 am

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