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GBTC

CoinShare's Meltem Demirors predicts Bitcoin could reach $100,000 by the end of 2024, anticipating $100 billion in inflows following the approval of a spot Bitcoin ETF. Demirors highlighted the ease of investing in cryptocurrencies through ETFs and the potential for significant investment from retirement accounts. Goldman Sachs also sees benefits in Bitcoin ETFs, including investor protection and better liquidity. The first day of trading after ETF approval saw $4.5 billion in volume, with contributions from Grayscale Bitcoin Trust and BlackRock.

Portfolio Pulse from Rounak Jain

January 13, 2024 | 7:58 am

META

Apple analyst Mark Gurman criticized Vision Pro's virtual keyboard as a 'complete write-off,' highlighting its lack of 'magical in-air typing' and awkward usability. His disapproval comes as the tech industry shifts towards virtual keyboards, with companies like Meta Platforms showcasing similar technologies. Gurman's critique suggests challenges in perfecting this technology.

Portfolio Pulse from Sudhanshu Singh

January 13, 2024 | 5:56 am

IVV

SPY

VAW

VCR

VIS

VOO

XLB

XLI

XLY

The S&P 500 Index and related ETFs like SPY, IVV, and VOO ended 2023 with 25% gains, driven by Technology and Communication Services sectors. For 2024, Fidelity's sector managers suggest Materials, Industrials, and Consumer Discretionary sectors could lead if the U.S. achieves a soft landing. Materials sector ETFs include XLB and VAW; Industrials are tracked by XLI and VIS; Consumer Discretionary by XLY and VCR.

Portfolio Pulse from Surbhi Jain

January 12, 2024 | 9:45 pm

AAPL

BAC

GBTC

GOOGL

IBIT

JPM

MSFT

TSLA

WFC

The SEC approved spot Bitcoin ETFs, with significant inflows on their debut. Inflation rose to 3.4%, potentially affecting Fed policies. JPMorgan, Bank of America, Wells Fargo, and Citigroup reported mixed financial results. A study predicts a $1-trillion boost from generative AI, while Google's layoffs cause concern. Microsoft briefly overtook Apple as the most valuable company, and Tesla cut prices in China to boost competitiveness.

Portfolio Pulse from Piero Cingari

January 12, 2024 | 9:36 pm

TSLA

The Boring Company, founded by Elon Musk, plans to add Tesla Inc's (NASDAQ:TSLA) Cybertruck to its fleet for the Vegas Loop, an underground transportation system in Las Vegas. The Cybertruck will join other Tesla models like the Model Y, Model 3, and Model X already in use. The addition is pending county approval, but is expected to happen soon, offering passengers a new experience and practical utility for moving items.

Portfolio Pulse from Chris Katje

January 12, 2024 | 9:06 pm

PYPL

Prometeo, a fintech infrastructure firm, has raised $13 million in Series A funding led by Antler Elevate, with PayPal Ventures, Samsung Next, and others participating. The funds will expand its multi-banking data and payments offerings in Latin America. Prometeo's platform connects global corporations with over 283 financial institutions in the region through a unified API, aiming to standardize financial operations across Latin American markets.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 9:04 pm

BURU

Nuburu, a company specializing in high-power blue lasers, has received a Notice of Allowance for its U.S. patent application 15/581,494, which is titled 'Visible Laser Additive Manufacturing'. This indicates that the United States Patent and Trademark Office (USPTO) intends to grant the patent once any remaining requirements are fulfilled. The patent pertains to the company's technology in the field of additive manufacturing, commonly known as 3D printing, using visible spectrum lasers.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 9:01 pm

WBD

Rocksteady, a subsidiary of Warner Bros. Discovery Inc (NASDAQ:WBD), has lifted part of the NDA on the closed alpha for 'Suicide Squad: Kill the Justice League', allowing players to discuss their gameplay experiences. The game, set for release in February 2024, features a live service model with a battle pass and gear score progression. Despite this, Rocksteady does not label it explicitly as a live service game. The game represents a shift from Rocksteady's 'Batman Arkham' series and has faced some fan criticism for its live service direction.

Portfolio Pulse from Franca Quarneti

January 12, 2024 | 8:54 pm

SPOT

The latest 'BZRP Music Sessions' by Argentine producer Bizarrap, featuring Puerto Rican artist Young Miko, has been released and is gaining significant attention. The session, which is the first of the year and marks the first collaboration between the two artists, has reached the 13th position in overall rankings and has quickly become the '#1 in Music Trends' on YouTube with 7 million views. Young Miko, named Billboard's Latin Rookie of the Year for 2023, continues to rise in the Latin music scene. Spotify Technology SA (NYSE:SPOT) is mentioned in relation to the session's performance, although specific data is pending.

Portfolio Pulse from Franca Quarneti

January 12, 2024 | 8:49 pm

AAPL

The Indian government has blocked access to the Binance website and iOS app for users in India due to non-compliance with regulations. Binance confirmed the IP block but stated that existing users with the app pre-installed are not affected. The blockage follows a warning from India's Financial Intelligence Unit to several crypto exchanges for not adhering to anti-money laundering regulations. Other exchanges like Kucoin, OKX, Huobi, Gate.io, and Bitstamp are also affected. Apple has removed global cryptocurrency exchanges from its Indian app store.

Portfolio Pulse from Khyathi Dalal

January 12, 2024 | 8:32 pm