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GOOGL

JBLU

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The selection of J.D. Vance as Donald Trump's vice-presidential candidate has raised concerns about the potential breakup of Alphabet Inc (GOOG, GOOGL). Market strategist Jay Woods, however, downplays these concerns, suggesting that Vance's influence may be limited and that Trump would be the primary decision-maker. The news also touches on the potential impact on the cryptocurrency industry and mentions the JetBlue-Spirit Airlines merger.

Portfolio Pulse from Chris Katje

July 21, 2024 | 1:13 pm

AAPL

TSM

Apple had a busy week with several key developments. The company decided to skip TSMC's 2nm chip for the iPhone 17, opting for a refined 3nm chip instead. Apple also rolled out the first iOS 18 public beta, received a favorable ruling on its redesigned ECG for the Apple Watch, and approved the first PC emulator for iPhone and iPad. Analyst Ming-Chi Kuo expressed doubts about the iPhone 16 sales projections.

Portfolio Pulse from Benzinga Neuro

July 21, 2024 | 11:15 am

BYDDY

HYZN

KARS

TSLA

The EV sector experienced a significant downturn this week, influenced by broader market trends and specific company developments. Tesla raised prices for its Model S and Model X, while Ford shifted its EV production plans. Hyzon Motors saw a sharp decline due to a stock offering, and BYD expanded its dealership network in Vietnam. Additionally, Donald Trump announced plans to end the EV mandate if elected, which could impact the industry.

Portfolio Pulse from Shanthi Rexaline

July 20, 2024 | 3:22 pm

CRWD

KRUZ

MSFT

NANC

A Microsoft outage led to a significant decline in CrowdStrike's stock, impacting the wealth of Congress members Nancy Pelosi and Marjorie Taylor Greene. The event has also drawn attention to the trading activities of Congress members, with ETFs tracking these trades.

Portfolio Pulse from Chris Katje

July 20, 2024 | 1:34 pm

CRWD

META

NVDA

TSLA

Benzinga reviewed the prospects of popular stocks and cryptocurrencies, highlighting bullish and bearish sentiments. Nvidia saw strong demand for its AI chips, while Tesla faced potential challenges from a Trump-Vance administration. CrowdStrike caused a major IT outage, and Meta faced competition from TikTok. Ethereum and Dogecoin were predicted to reach new all-time highs.

Portfolio Pulse from Michael Cohen

July 20, 2024 | 1:10 pm

GTBIF

Ohio's Division of Cannabis Control (DCC) has issued its first batch of dual-use certificates, allowing four cultivators and six processors to enter the state's newly legalized adult-use cannabis market. Key players like Riviera Creek Holdings and Pure Ohio Wellness have received these certifications. Green Thumb Industries Inc (OTC:GTBIF) is also among the recipients. The DCC plans to issue dual-use licenses to dispensaries starting September 7, with sales dependent on each dispensary's readiness.

Portfolio Pulse from Franca Quarneti

July 20, 2024 | 12:30 pm

USDGF

The United States has the second longest lead times for developing new mines, averaging 29 years, only surpassed by Zambia. This delay hampers the country's energy transition plans, especially in the critical minerals sector. Efforts to streamline the process are underway, but concerns about bureaucratic inefficiency remain.

Portfolio Pulse from Stjepan Kalinic

July 20, 2024 | 11:07 am

TSLA

Tesla Inc. (NASDAQ:TSLA) has received approval from the Canadian government to deploy its steer-by-wire system in the country, a crucial step for the sale of its Cybertruck. The company will need to provide semi-annual incident reports and meet other regulatory requirements.

Portfolio Pulse from Anan Ashraf

July 20, 2024 | 8:39 am

ASML

CRWD

MSFT

This week saw significant market movements driven by various global events. The S&P 500 and Nasdaq 100 indices experienced their worst weekly performance in three months, primarily due to a selloff in chipmakers. A failed assassination attempt on Donald Trump and rising election odds for Trump also influenced the market. The semiconductor sector was hit hard by potential U.S. export restrictions targeting ASML Holding N.V. and Tokyo Electron. Additionally, a global tech outage caused by a CrowdStrike software update affected Microsoft systems, leading to widespread disruptions. Fed Chair Jerome Powell's comments on inflation and rising unemployment claims have increased expectations for a September rate cut, which has already impacted mortgage rates and refinancing demand.

Portfolio Pulse from Piero Cingari

July 19, 2024 | 8:36 pm

ICCM

IceCure Medical Ltd. (NASDAQ:ICCM) has received a notice from Nasdaq indicating non-compliance with the minimum bid price requirement of $1.00 per share. The company has 180 days to regain compliance. The notice does not immediately affect the company's Nasdaq listing or trading.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 8:31 pm