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FXI

SPY

Taiwan's Defense Ministry issued an apology for a false emergency alert sent to cellphones, which mistakenly identified a Chinese satellite launch as a missile flyover in Taiwan's airspace.

Portfolio Pulse from Charles Gross

January 09, 2024 | 10:17 am

ACI

BA

NVDA

PSMT

SMH

SNX

The CNN Money Fear and Greed index indicated improved market sentiment, remaining in the 'Greed' zone. The Nasdaq Composite had its best day since November 14, 2023, with tech stocks surging. The VanEck Semiconductor ETF (SMH) recorded a significant gain. Boeing (BA) shares dropped after safety issues with the 737 aircraft, while NVIDIA (NVDA) shares rose following the announcement of new GPUs. The S&P 500 and Dow Jones also closed higher. Investors are looking forward to earnings from PriceSmart (PSMT), Albertsons (ACI), and TD SYNNEX (SNX).

Portfolio Pulse from Avi Kapoor

January 09, 2024 | 6:42 am

SPY

Fed Governor Michelle Bowman stated the Fed's willingness to raise policy rates if inflation progress stalls or reverses. She also criticized climate guidance from banking regulators, arguing it diverts resources from core financial risks.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 9:34 pm

SPY

Fed's Bowman commented on the labor market's supply and demand reaching a better balance but noted that upside risks to inflation persist, including geopolitical factors and easing financial conditions. She emphasized a cautious approach to any changes in the Fed's policy rate.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 9:34 pm

ALK

BA

SPR

The NTSB has recovered the door plug from Alaska Airlines Flight 1282, a Boeing 737-9 MAX, and is examining it before sending it to their materials lab in Washington, DC for further analysis.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 7:38 pm

SPY

Secretary of Defense Lloyd Austin is out of the ICU and remains hospitalized, recovering well with a good prognosis, according to a Pentagon spokesman.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 6:29 pm

SPY

The top Pentagon spokesman has stated that U.S. Defense Secretary Lloyd Austin has not offered his resignation and has no plans to resign, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 6:24 pm

BTCUSD

Approximately $1.2 million in Bitcoin was transferred to Satoshi Nakamoto's original Genesis wallet, sparking speculation that the sender may be attempting to provoke a response from the anonymous Bitcoin creator. The wallet, which contains the first 50 BTC mined and is believed to have unspendable contents, has seen a surge in 'dust' transactions following the large transfer. New IRS rules require reporting of crypto receipts over $10,000, potentially forcing Nakamoto to reveal their identity.

Portfolio Pulse from Murtuza Merchant

January 08, 2024 | 5:15 pm

LDI

loanDepot reported a cybersecurity incident involving unauthorized third-party access to certain company systems and data encryption. The incident may affect the company's operations and data security.

Portfolio Pulse from Charles Gross

January 08, 2024 | 2:12 pm