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Donald Trump has been projected as the winner of the South Carolina 2024 Republican Primary, according to AP. This news could potentially impact the stock prices of companies and ETFs associated with political activities or directly linked to Trump.

Portfolio Pulse from Benzinga Newsdesk

February 25, 2024 | 12:01 am

Ford Motor Company (NYSE:F) has paused deliveries of the 2024 F-150 Lightning electric trucks for quality checks, with no specified resumption date. Meanwhile, Ford has begun shipping the redesigned gas-powered 2024 F-150 pickups, planning to increase shipments after thorough quality assessments. Despite a decrease in production of the F-150 Lightning due to lower demand, Ford continues its operations and has adjusted its production rate to about 1,600 trucks weekly from an initial 3,200. Ford's F-150 Lightning sales in the U.S. saw a 55% increase from 2022, with 24,165 trucks sold.

Portfolio Pulse from Nabaparna Bhattacharya

February 24, 2024 | 7:58 pm

NVDA

Larry Summers expressed concerns about the stock market's significant rally, led by Nvidia Corp. (NASDAQ:NVDA), at the FII Priority summit. He warned that the market might be underestimating potential political and social upheavals, including the rise of populist policies. Summers highlighted that these risks are not fully reflected in current market valuations, despite the bullish trend in Big Tech stocks.

Portfolio Pulse from Bibhu Pattnaik

February 24, 2024 | 7:50 pm

TSLA

Elon Musk, after acquiring X (formerly Twitter), is defending his approach to free speech on the platform, amidst growing backlash and concerns from advertisers like Apple Inc. and Disney. Musk's stance, emphasizing a broad range of speech, has led to criticism and legal challenges, but he remains committed to protecting users' rights to express themselves. This controversy has raised concerns about potential impacts on Musk's other ventures, notably Tesla Inc (NASDAQ:TSLA).

Portfolio Pulse from Bibhu Pattnaik

February 24, 2024 | 6:40 pm

BRK

Warren Buffett, CEO of Berkshire Hathaway Inc. (NYSE:BRK), paid tribute to the late Charlie Munger in his annual letter, calling him the 'architect' behind the conglomerate's success. Munger, who passed away on Nov. 28, was pivotal in shaping Berkshire's strategy, advising Buffett to focus on acquiring businesses at fair prices. Berkshire Hathaway's Q4 operating earnings rose 28% year-over-year, with full-year earnings up 21.06%. Buffett also cautioned investors against following Wall Street advice.

Portfolio Pulse from Nabaparna Bhattacharya

February 24, 2024 | 6:27 pm

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Germany's legalization of limited cannabis possession and consumption has positively impacted U.S. cannabis stocks, with Curaleaf Holdings seeing a 3.1% rise. The move is seen as a step towards broader European legalization, benefiting companies with a presence in Germany like Curaleaf. Other U.S. cannabis stocks also saw gains, while Canadian companies Tilray and Aurora Cannabis had mixed results. The industry views this as a significant opportunity for growth, especially in medical cannabis.

Portfolio Pulse from Maureen Meehan

February 24, 2024 | 5:26 pm

LUNR

Intuitive Machines, Inc. (NASDAQ:LUNR) experienced a setback when its lunar lander, Odysseus, tipped over during a touchdown near the moon's south pole, causing communication challenges and a significant drop in its stock price after hours. Despite the mishap, CEO Steve Altemus remains optimistic about the lander's operational capabilities. The incident occurred amidst a mission sponsored by NASA, which included experiments onboard and a $118 million investment for delivery. The lander, launched from Florida, is expected to operate on the moon for up to 10 days before lunar nightfall.

Portfolio Pulse from Nabaparna Bhattacharya

February 24, 2024 | 5:21 pm

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NVDA

Barron's weekend stock picks highlight Nvidia's AI market leadership, AlTi Global's share drop post-M&A announcement, Booking Holdings' strong earnings but stock drop, Rivian's double downgrade due to EV demand concerns, and Amazon's Dow 30 inclusion potentially leading to underperformance. Nvidia, AlTi Global, Booking Holdings, and Amazon are directly mentioned.

Portfolio Pulse from Justin Chan

February 24, 2024 | 5:11 pm

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Berkshire Hathaway Inc. reported a 28% increase in Q4 operating earnings, driven by its insurance businesses. Annual operating earnings rose 21.06% to $37.350 billion. The company's investments are heavily concentrated in American Express, Apple, Bank of America, Coca-Cola, and Chevron, with significant ownership in Occidental Petroleum. Berkshire used $2.2 billion for share repurchases in Q4, bringing the total to $9.2 billion for the year. The company's cash position reached a record $167.6 billion. Warren Buffet paid tribute to Charlie Munger, describing him as the 'architect' of Berkshire.

Portfolio Pulse from Nabaparna Bhattacharya

February 24, 2024 | 3:30 pm

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TSLA

This week in the EV sector, bearish sentiment surrounded Tesla, with its stock underperforming due to a double miss in Q3 2023 earnings and price adjustments. Rivian and Lucid faced production challenges and disappointing earnings, while Ford paused F-150 Lightning shipments. Nio is testing humanoid robots for production efficiency, and Volvo plans to cut its stake in Polestar. The KraneShares Electric Vehicles ETF saw a slight decline.

Portfolio Pulse from Shanthi Rexaline

February 24, 2024 | 3:17 pm