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BTCUSD

Economist Peter Schiff, a known Bitcoin critic, suggests he might change his stance if Bitcoin becomes a mainstream payment method, such as being used in restaurants. Despite acknowledging Bitcoin's potential to reach $100,000, he remains skeptical, favoring gold over Bitcoin ETFs.

Portfolio Pulse from Aniket Verma

September 09, 2024 | 4:01 am

AAPL

TGT

Apple may discontinue all three models of its EarPods, including the USB-C version, as Target lists them as 'Non-Carry Forward'. This move aligns with Apple's shift towards USB-C connectors and its strategy to reduce environmental impact by removing accessories from packaging.

Portfolio Pulse from Ananya Gairola

September 09, 2024 | 3:44 am

AAPL

Apple is not expected to announce the Watch Ultra 3 at its 'Glowtime' event, according to analyst Mark Gurman. Instead, the Apple Watch Ultra 2 may continue with a new black color option. The event will likely focus on the iPhone 16 series and other products.

Portfolio Pulse from Ananya Gairola

September 09, 2024 | 3:09 am

AAPL

Huawei's new Mate XT tri-fold smartphone received 1.3 million orders within seven hours, overshadowing Apple's upcoming iPhone 16 launch. Huawei's strategy aims to compete with Apple in the Chinese market, where Apple's market share has been declining.

Portfolio Pulse from Ananya Gairola

September 09, 2024 | 2:16 am

AAPL

Bloomberg's Mark Gurman suggests that the anticipated super cycle for Apple's iPhone 16 may not occur due to macroeconomic factors and limited AI features. The new iPhone will have minor upgrades, and significant AI capabilities will be delayed until future updates.

Portfolio Pulse from Shanthi Rexaline

September 08, 2024 | 6:35 pm

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EVH

GDS

IOVA

LUMN

PSNY

SMTC

TEM

UPST

YOU

In August, several mid-cap stocks showed significant performance. Polestar Automotive, Upstart Holdings, and Lumen Technologies were among the top performers, with notable stock price increases due to strong quarterly results and strategic developments.

Portfolio Pulse from Lekha Gupta

September 08, 2024 | 6:09 pm

CRL

DG

GFI

INTC

MRNA

NBIX

PDD

SMCI

SNAP

TME

In August, several large-cap stocks experienced significant declines. Super Micro Computer, Dollar General, Snap, PDD Holdings, Intel, Tencent Music, Gold Fields, Charles River Laboratories, Moderna, and Neurocrine Biosciences were among the worst performers due to various factors such as earnings misses, price target cuts, and strategic challenges.

Portfolio Pulse from Lekha Gupta

September 08, 2024 | 5:05 pm

AFRM

SBUX

SHOP

In August, Affirm, Shopify, and Starbucks were among the top-performing large-cap stocks. Affirm's shares rose 66.58% due to strong earnings and guidance. Shopify's shares increased by 27.33% following a strong earnings report. Starbucks' stock was up 25.91% as Chipotle's CEO was named its new Chairman and CEO.

Portfolio Pulse from Lekha Gupta

September 08, 2024 | 4:47 pm

SMMT

Summit Therapeutics announced that Ivonescimab monotherapy significantly reduced the risk of disease progression or death by 49% compared to Pembrolizumab in treating PD-L1 positive advanced NSCLC in China. The company plans to initiate a Phase III trial in early 2025.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2024 | 4:01 pm