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DJT

MARA

PANW

TSLA

On Monday, major U.S. indices ended mixed with notable movements in specific stocks. Trump Media & Technology Group fell by 4.98% due to a significant quarterly loss. Marathon Digital surged by 14.76% amid a cryptocurrency rally. Zoom Video saw a slight decline ahead of its earnings report. Palo Alto Networks rose by 1.86% after beating earnings estimates. Tesla fell by 1.41% amid ongoing layoffs.

Portfolio Pulse from Benzinga Neuro

May 21, 2024 | 2:24 am

MSFT

Elon Musk has suggested moving consumer desktops to Linux following Satya Nadella's promotion of Microsoft's new AI feature 'Recall' for Windows PCs. The feature, which takes constant screenshots and uses AI to process data, has raised privacy concerns. Nadella assured that the data is processed locally and users can restrict the feature if desired. Musk has previously criticized Microsoft's AI capabilities and their control over OpenAI.

Portfolio Pulse from Ananya Gairola

May 21, 2024 | 2:10 am

BTCUSD

DOGEUSD

ETHUSD

NVDA

The cryptocurrency market experienced a significant rally, driven by increased odds of spot Ethereum ETF approval. Bitcoin surged past $71,000, nearing its all-time high, while Ethereum gained over 20%, breaking $3,700. The Nasdaq Composite also closed at a record high, influenced by optimistic analyst calls on NVIDIA Corp. (NASDAQ: NVDA).

Portfolio Pulse from Aniket Verma

May 21, 2024 | 1:38 am

NFLX

Netflix's hit series 'Baby Reindeer' could face legal action due to defamation claims by Fiona Harvey, who alleges she is the inspiration for a character in the show. Piers Morgan has highlighted this as a significant issue for Netflix, Richard Gadd, and Clerkenwell Films. Legal experts suggest potential claims for defamation and invasion of privacy.

Portfolio Pulse from Ananya Gairola

May 21, 2024 | 1:25 am

GOOG

GOOGL

MGNI

NFLX

TTD

Netflix shares hit a 52-week high following updates on its ad-supported plan and a new NFL deal. Analyst Tim Nollen from Macquarie praises the company's advertising strategy and partnerships with The Trade Desk, Google, and Magnite. Netflix's recent moves are seen as positive steps to enhance its ad business.

Portfolio Pulse from Chris Katje

May 21, 2024 | 1:11 am

TMTG

TMTG is prioritizing long-term product development over short-term revenue at this early stage in the company's growth.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 11:16 pm

TMTG

TMTG reported Q1 revenue of $770,500, primarily from its nascent advertising initiative.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 10:59 pm

ACB

CRON

SNDL

TLRY

The article discusses the impact of trading volume on cannabis stocks, highlighting both high-liquidity and low-liquidity stocks. High-liquidity stocks like SNDL, Tilray Brands, Cronos Group, and Aurora Cannabis offer reduced transaction costs and flexibility but can be volatile. Low-liquidity stocks like Medical Marijuana, Trees, Curaleaf Holdings, and Green Thumb Industries may offer high returns but come with higher transaction costs and potential price impacts.

Portfolio Pulse from Nicolás Jose Rodriguez

May 20, 2024 | 10:54 pm

AMC

AMC Entertainment Holdings (NYSE:AMC) saw a 9.7% rally in its stock on Monday, driven by the success of a Billie Eilish Listening Event. Despite a weak Q2 box office due to Hollywood strikes, AMC's innovative events and food sales could mitigate the impact. The company plans more such events with top musical artists.

Portfolio Pulse from Chris Katje

May 20, 2024 | 10:26 pm

BTCUSD

ETHUSD

The SEC's recent actions to advance the process for the first U.S. Ether ETF have led to a significant rally in cryptocurrency prices. The SEC instructed asset managers to revise their 19b-4 filings, raising hopes for an Ether ETF approval. This has resulted in an 18% surge in Ether and a more than 5% increase in Bitcoin prices.

Portfolio Pulse from Michael Cohen

May 20, 2024 | 10:12 pm