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Regulatory

ETHUSD

The approval of spot Ethereum ETFs is expected to spur the creation of more cryptocurrency-linked investment funds, according to TD Cowen. This approval is seen as a significant milestone that could lead to increased mainstream adoption and investment in cryptocurrencies.

Portfolio Pulse from Aniket Verma

May 27, 2024 | 5:05 am

DJT

Bill Gross, co-founder of PIMCO, warns that a Trump re-election would be more bearish for the bond markets than a Biden win due to Trump's proposed tax cuts and rising U.S. deficits. Gross has moved away from his bond strategy and is skeptical about US equity markets, advising investors to temper their expectations.

Portfolio Pulse from Benzinga Neuro

May 27, 2024 | 4:59 am

AAPL

META

MSFT

NFLX

NVDA

SPOT

TSM

The past week in consumer tech saw significant developments including the European Council's approval of the AI Act, South Korea's $19 billion support for its semiconductor sector, and Taiwan's confidence in TSMC's technology protection. Key company updates include Nvidia's partnership with Dell, Microsoft's new AI initiatives, and Apple's upcoming iPhone 16 launch. Additionally, TikTok is testing longer video uploads, and Netflix's 'Baby Reindeer' faces potential legal issues.

Portfolio Pulse from Lekha Gupta

May 26, 2024 | 8:49 pm

BTCUSD

DOGEUSD

ETHUSD

SHIBUSD

Donald Trump has made a significant pivot in his stance on cryptocurrencies, now expressing strong support for Bitcoin and other digital assets. This shift is expected to positively impact the crypto market, especially with the upcoming presidential election. Trump's influence has already coincided with the approval of Ethereum ETFs and the passing of the FIT21 crypto bill in the House.

Portfolio Pulse from Ivan Crnogatić

May 26, 2024 | 8:43 pm

BTCUSD

DOGEUSD

ETHUSD

SHIBUSD

Former President Donald Trump has expressed strong support for cryptocurrencies, promising to ensure the future of crypto and Bitcoin is 'made in the USA.' He also pledged to support the right to self-custody and oppose the creation of a central bank digital currency. Trump's recent embrace of crypto marks a significant shift from his previous stance.

Portfolio Pulse from Ivan Crnogatić

May 26, 2024 | 6:19 pm

BTCUSD

DOGEUSD

ETHUSD

MSTR

The SEC has approved Ethereum ETFs, potentially attracting mainstream investors. Elon Musk paid tribute to Kabosu, the Shiba Inu behind Dogecoin. Donald Trump announced he will accept cryptocurrency donations. Michael Saylor of MicroStrategy forecasted a new all-time high for Bitcoin.

Portfolio Pulse from Benzinga Neuro

May 26, 2024 | 1:00 pm

GME

LYV

NVDA

QQQ

Benzinga reviewed the performance of popular stocks and cryptocurrencies over the past week. Tech stocks in the Nasdaq 100, tracked by the Invesco QQQ Trust (NASDAQ:QQQ), reached new highs. Nvidia (NASDAQ:NVDA) soared past $1,000 per share after strong Q1 results. GameStop (NYSE:GME) faced potential volatility due to influencer activity. Live Nation (NYSE:LYV) was hit by an antitrust lawsuit, and Boeing (NYSE:BA) forecasted negative cash flow for 2024.

Portfolio Pulse from Michael Cohen

May 25, 2024 | 1:24 pm

KARS

LCID

NKLA

TSLA

The EV sector saw significant developments this week, including Tesla's production cut in China, Lucid's workforce reduction, Nikola's new truck orders, and Ford's potential easing of EV sales norms for dealers. The KraneShares Electric Vehicles and Future Mobility Index ETF fell 4.88% for the week.

Portfolio Pulse from Shanthi Rexaline

May 25, 2024 | 1:10 pm

LLY

NVO

PARA

Elon Musk predicts that Novo Nordisk's Ozempic, a popular weight loss drug, will become very cheap in the future. This follows a South Park special that depicted the drug as a luxury item. The news also highlights the significant impact of weight loss drugs on the stock prices of Novo Nordisk and Eli Lilly, and mentions regulatory actions in Australia.

Portfolio Pulse from Ananya Gairola

May 25, 2024 | 8:31 am

BTCUSD

ETHUSD

Mohnish Pabrai, a prominent investment fund manager, expressed skepticism about Bitcoin's future, likening it to Warren Buffett's negative stance. Pabrai highlighted the lack of intrinsic value in Bitcoin and advised against investing in it. His views align with other notable investors like Charlie Munger and Buffett. Despite this, Bitcoin and Ethereum have seen recent price surges following the SEC's approval of Ethereum spot ETFs.

Portfolio Pulse from Benzinga India Staff

May 25, 2024 | 8:18 am