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USO

Citi maintains its baseline forecast for Brent oil prices at $74/barrel in Q4 2024 and $65/barrel in Q1 2025. The bank raises its bull case scenario for oil prices to $120/barrel for both quarters, while maintaining its bear scenario, which includes OPEC+ increasing production starting in December.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 5:49 pm

BLCO

DJT

NVDA

SIRI

U.S. stocks rose on Monday, with notable gains for NVIDIA, Trump Media & Technology, Bausch + Lomb, and Sirius XM. NVIDIA's shares increased by 2.9% following a recommendation from a Chinese think tank to continue using its chips. Trump Media surged 16.2% after launching a new streaming service. Bausch + Lomb rose 8.8% after FDA approval of a product and potential acquisition interest. Sirius XM gained 8.1% as Berkshire Hathaway increased its stake.

Portfolio Pulse from Avi Kapoor

October 14, 2024 | 5:47 pm

ETHUSD

SHIBUSD

SOLUSD

Crypto trader Murad Mahmudov predicts a 'memecoin supercycle' and shares his top 10 meme coin picks, including SPX6900, GigaChad, and Mog Coin. He highlights the growth potential of meme coins on Solana and Ethereum.

Portfolio Pulse from Khyathi Dalal

October 14, 2024 | 5:42 pm

NIO

NIO Inc's stock fell 7.4% due to investor disappointment over China's economic stimulus measures, which lacked specific support for the EV sector. NIO's growth is heavily reliant on consumer demand and government backing, both of which are uncertain given the current economic climate in China.

Portfolio Pulse from Henry Khederian

October 14, 2024 | 5:36 pm

AMZN

ANF

CZR

NIO

PDD

TSLA

ULTA

YUM

YUMC

The article highlights unusual options activity in the Consumer Discretionary sector, focusing on large transactions by 'whales' in stocks like TSLA, AMZN, NIO, PDD, CZR, YUMC, ULTA, W, ANF, and YUM. These activities can indicate potential trading opportunities due to significant market sentiment shifts.

Portfolio Pulse from Benzinga Insights

October 14, 2024 | 5:35 pm

ALB

LIT

SQM

Lithium shares are experiencing a downturn due to an oversupply in the market, affecting the stock prices of companies involved in lithium production and related ETFs.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 5:31 pm

MSFT

Microsoft is set to test cloud gaming for owned Xbox games in November, allowing users to stream titles from their personal libraries. This feature, delayed due to technical and licensing challenges, aligns with Microsoft's goal to make gaming more accessible across devices.

Portfolio Pulse from Franca Quarneti

October 14, 2024 | 5:24 pm

ADBE

Adobe Inc. (NASDAQ:ADBE) shares rose on Monday following announcements at the Adobe MAX 2024 event. Key highlights include the expansion of Firefly generative AI models to video, over 100 new Creative Cloud features, the next generation of Frame.io, and the launch of Adobe GenStudio for Performance Marketing. Adobe also announced the expansion of the Adobe Digital Academy. These innovations are expected to enhance productivity and collaboration for creators and marketers.

Portfolio Pulse from Lekha Gupta

October 14, 2024 | 5:16 pm

FOX

FOXA

FOX News Channel's Bret Baier will interview Vice President Kamala Harris on October 16, 2024, marking her first formal sit-down interview on the network. The interview will air during Special Report at 6 PM/ET.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 5:15 pm

AAPL

QCOM

TSM

Qualcomm's stock is rising following analyst Ming-Chi Kuo's prediction of a 50% increase in Snapdragon 8 Gen 4 shipments by late 2024. The company is expected to benefit from AI smartphone and PC growth, and increased SoC prices due to TSM's 3-nanometer process. Qualcomm's Q4 2024 revenue and profit are anticipated to rise significantly.

Portfolio Pulse from Anusuya Lahiri

October 14, 2024 | 4:58 pm