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BMWYY

BMW (OTC:BMWYY) has introduced the 2024 BEV Conquest Program, offering a $1,000 incentive to EV owners from brands like Tesla, Rivian, Lucid, Audi, Mercedes-Benz, Polestar, Porsche, Ford, and Volkswagen to switch to BMW's electric models such as the i4, i5, or iX. This offer, available in western states until April 1, can be combined with other BMW incentives, potentially saving up to $8,500. The initiative aims to boost BMW's market share in the electric vehicle sector amidst a slowing market and increasing competition.

Portfolio Pulse from Benzinga Neuro

March 06, 2024 | 5:31 am

PANW

PEP

SMCI

Wealth manager Brian Vendig sees investment opportunities in Super Micro Computer Inc (SMCI), Palo Alto Networks Inc (PANW), and PepsiCo Inc (PEP), citing an expansionary earnings outlook and potential in sectors like healthcare, industrials, and consumer staples. SMCI's addition to the S&P 500 and its AI technology, PANW's strategic changes in software services, and PEP's strong fundamentals despite challenges are highlighted as reasons for their potential.

Portfolio Pulse from Benzinga Neuro

March 06, 2024 | 5:01 am

COIN

NVDA

PLTR

TSLA

Cathie Wood's Ark Invest sold over $24M in Coinbase shares as Bitcoin hit new highs, continued selling NVIDIA shares, while acquiring Tesla and Palantir stock. The firm's trading activities reflect strategic adjustments in response to the evolving financial landscape, with sales hinting at a cautious stance towards tech and crypto assets, and purchases indicating a bullish outlook on companies like Tesla and Palantir.

Portfolio Pulse from Benzinga Neuro

March 06, 2024 | 4:59 am

DIS

Jim Cramer has advised investors to be cautious with Walt Disney Co (NYSE:DIS) stock, which has hit a 52-week high, due to concerns over the sustainability of its recent rally. Disney is currently facing a proxy battle with activist investor Nelson Peltz, and despite efforts to revitalize its film slate, Cramer suggests trimming positions in Disney stock.

Portfolio Pulse from Benzinga Neuro

March 06, 2024 | 4:52 am

MSFT

TSLA

Elon Musk mocked ChatGPT in favor of xAI's Grok for providing real-time updates on Bitcoin's price movements. Musk's comments followed Bitcoin's volatile week, where it hit an all-time high then dropped to $63,000. Musk is also in a legal battle with OpenAI, accusing it of breaching contract and favoring profits over open-source principles.

Portfolio Pulse from Mehab Qureshi

March 06, 2024 | 4:44 am

DWAC

SPY

Donald Trump has been projected as the winner of the California 2024 Republican Primary, according to AP. This political milestone may influence the stock market, particularly stocks and ETFs related to political and social trends.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 4:16 am

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin experienced significant declines, with Bitcoin dropping $5,000 after reaching a new all-time high. Over $1.15 billion in crypto was liquidated, affecting 311,448 traders. The market downturn also impacted tech stocks, with the Nasdaq Composite falling 1.65%. Apple's stock declined nearly 3% following a report of decreased iPhone sales in China. Analysts advise calm, noting the market's potential for recovery and cautioning against FOMO.

Portfolio Pulse from Mehab Qureshi

March 06, 2024 | 3:23 am

AAPL

BABA

CRWD

PHUN

SOFI

On Tuesday, major U.S. stock indices closed lower. Apple's shares fell due to a 24% drop in iPhone sales in China. SoFi Technologies announced a proposed convertible senior notes offering to raise $750 million. Phunware surged after announcing its Q4 and full-year financial results, a reverse stock split, and a public offering. CrowdStrike's shares dropped despite strong Q4 performance and revenue growth. Alibaba slightly increased after leading a financing round for AI startup MiniMax.

Portfolio Pulse from Benzinga Neuro

March 06, 2024 | 2:34 am

DWAC

SPY

Donald Trump has been projected as the winner of the Minnesota 2024 Republican Primary, according to AP. This political development may influence the stock market, particularly stocks and ETFs related to political figures and sectors.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 2:29 am

DWAC

SPY

Donald Trump is projected to win the Colorado 2024 Republican Primary, according to AP. This political development may influence the stock market, particularly stocks and ETFs related to political and social events.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 2:12 am