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Stock Prices

BLK

DOGEUSD

ETHUSD

Cryptocurrency analysts predict surges in Dogecoin and Ethereum, with Dogecoin potentially increasing by 140-170% and Ethereum aiming to break resistance at $1,900. Bitcoin's price is rallying, surpassing $35,000, fueled by interest in Bitcoin Spot ETFs and the upcoming halving event. BlackRock is optimistic about SEC approval for its Bitcoin ETF by January 2024, which could inject $200 billion into Bitcoin markets and drive the price to $330,000.

Portfolio Pulse from Benzinga Neuro

November 12, 2023 | 4:01 pm

AAPL

GOOGL

MSFT

Apple Inc. (AAPL) has been highlighted in several key tech developments, including leading the AI race according to Morgan Stanley, potential in-house battery development for iPhones post-2025, a delay in its self-driving car project, and a new macOS feature to curb warranty fraud. Google (GOOGL) is appealing to EU regulators to make Apple's iMessage compatible with other services, while Microsoft (MSFT) is also mentioned as a competitor in AI.

Portfolio Pulse from Benzinga Neuro

November 12, 2023 | 4:00 pm

BRK

TSLA

Elon Musk, CEO of Tesla, Inc., humorously remarked on Warren Buffett's missed opportunity to invest in Tesla when it was valued at just 0.1% of its current value. Musk's comment was in response to a post praising Buffett's investment wisdom. Despite Buffett's value investing strategy, which contrasts with Tesla's growth stock profile, Musk had previously suggested Tesla as an investment to Buffett's team. Buffett and his business partner Charlie Munger have recently acknowledged Musk's talent, despite earlier skepticism about Tesla's prospects.

Portfolio Pulse from Shanthi Rexaline

November 12, 2023 | 3:18 pm

FRC

KBE

KRE

SBNY

US banks are facing $650 billion in unrealized losses on bond investments due to interest rate hikes. Banks invested in low-yield Treasury bonds before the hikes, and now the value of these bonds has plummeted. The failures of Silicon Valley Bank, First Republic Bank (FRC), and Signature Bank (SBNY) were partly due to such losses. Banks are considering holding the debt until maturity or selling it to invest in higher-yielding bonds. The banking sector is under pressure, with ETFs like SPDR S&P Bank ETF (KBE) and SPDR S&P Regional Bank ETF (KRE) seeing declines.

Portfolio Pulse from Bibhu Pattnaik

November 12, 2023 | 2:46 pm

LLY

NVO

Novo Nordisk's (NYSE:NVO) weight loss drug Wegovy has been shown in a clinical trial to significantly reduce the risk of serious heart complications by 20% in obese individuals without diabetes. The Select study's results could lead to broader insurance coverage and increased usage of Wegovy, potentially maintaining Novo Nordisk's lead over Eli Lilly (NYSE:LLY), whose weight-loss drug Zepbound was recently approved in the U.S. Despite some participants discontinuing Wegovy due to gastrointestinal issues, the drug also showed a 73% reduction in progression to diabetes.

Portfolio Pulse from Benzinga Neuro

November 11, 2023 | 9:34 pm

BAC

DIS

META

TSLA

Barron's weekend stock picks include Tesla, Li Auto, Meta, and Bank of America. Tesla is exploring new sales strategies by listing EVs on Cars.com. Bank of America's stock is down, but insider buying suggests confidence. Disney's strong earnings may not satisfy activist Peltz. Li Auto's sales growth in China outpaces Tesla's, and Meta partners with Tencent to re-enter China with VR headsets.

Portfolio Pulse from Justin Chan

November 11, 2023 | 9:20 pm

ACN

CRM

LLY

NOW

NVO

TGT

WMT

Jim Cramer, a CNBC market analyst, highlighted the significance of the upcoming week with key CPI data and earnings reports from major retailers like Target, Home Depot, Walmart, and Macy's. He linked the stock market's recent positive trend to stable interest rates and suggested that positive business reports could boost stock values. Cramer also pointed to the American Heart Association event, which could influence pharmaceutical stocks like Novo Nordisk and Eli Lilly. Additionally, he mentioned the potential impact of Monday.Com Ltd.'s report on larger tech companies such as Salesforce, ServiceNow, and Accenture.

Portfolio Pulse from Nabaparna Bhattacharya

November 11, 2023 | 7:18 pm

AAPL

BABA

LRLCF

LULU

NKE

PDD

China's Singles' Day, a massive shopping event, outperforms the U.S. Black Friday with significant growth and sales. Major e-commerce players like Alibaba, JD.Com, and PDD Holdings participate, with global brands such as Nike, Lululemon, Estee Lauder, Procter & Gamble, Apple, and L'Oreal benefiting from their presence on Alibaba's Tmall platform. Despite past successes, some brands are cautious about this year's event due to a softer market trend.

Portfolio Pulse from Nabaparna Bhattacharya

November 11, 2023 | 6:20 pm

FSR

GOEV

KARS

LCID

MBGAF

TSLA

Electric vehicle stocks experienced a downturn in the week ending Nov. 11, with Lucid Group reporting a disappointing quarter and lowering its 2023 production outlook. Tesla faced unionization support from President Biden and labor issues in Sweden, while also adjusting prices in China. Fisker is seeking manufacturing partners, and Canoo unveiled a new electric truck. Mercedes-Benz is expanding its charging network in the U.S. The KraneShares Electric Vehicles ETF saw a weekly decline.

Portfolio Pulse from Shanthi Rexaline

November 11, 2023 | 3:28 pm

BLK

Hong Kong is considering the introduction of cryptocurrency ETFs as part of its initiative to become a central hub for digital assets in Asia-Pacific. This move, discussed in the context of the upcoming Benzinga's Future of Digital Assets conference, is seen as a way to mainstream digital currencies. BlackRock Inc. (NYSE:BLK) is mentioned in relation to the potential approval of the first U.S. spot ETFs for Bitcoin, which has doubled in value this year.

Portfolio Pulse from Murtuza Merchant

November 11, 2023 | 2:24 pm