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BRK/A

BRK/B

EWJ

Warren Buffett, in a letter, stated that Berkshire Hathaway plans to maintain its investments in the Japanese trading houses Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo indefinitely, signaling long-term confidence in these companies.

Portfolio Pulse from Charles Gross

February 24, 2024 | 1:37 pm

BRK/A

BRK/B

OXY

Warren Buffett, in a letter, stated that Berkshire Hathaway plans to maintain its investment in Occidental Petroleum indefinitely, indicating a long-term commitment to OXY.

Portfolio Pulse from Charles Gross

February 24, 2024 | 1:17 pm

FILUSD

RNDRUSD

SOLUSD

Decentralized Physical Infrastructure Networks (DePIN) are gaining traction in the crypto world, with Filecoin (FIL) seeing a 40% increase in value. DePIN aims to use cryptocurrency incentives for building and operating critical infrastructure, boasting over 650 projects and significant venture capital investment. Despite its potential, DePIN faces challenges from established providers and questions about its revenue model. Critics argue DePIN's utility may be exaggerated, but interest in AI and GPU cloud computing, as seen with Render (RNDR), suggests speculative value could drive DePIN's growth.

Portfolio Pulse from Ivan Crnogatić

February 24, 2024 | 1:11 pm

AAPL

On Steve Jobs' birthday, a reflection on the impact of the iPhone's unveiling in 2007 reveals a $1,000 investment in Apple stock then would be worth $54,000.37 today, marking a 5,300% return. Jobs' legacy continues as Apple dominates the smartphone market in 2023.

Portfolio Pulse from Chris Katje

February 24, 2024 | 1:10 pm

AMZN

GOOG

MSFT

NVDA

Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang, in an interview with Wired, acknowledged the intense competition in the AI industry from major tech companies like Microsoft Corp. (NASDAQ:MSFT), Amazon.com Inc. (NASDAQ:AMZN), and Alphabet Inc.'s Google (NASDAQ:GOOG), among others. Despite this, Huang remains confident in Nvidia's leadership in AI, highlighting its 70% market share and the company's potential to become the first semiconductor firm with a $2 trillion valuation. Huang's optimism is supported by Nvidia's strong position in AI supercomputers and its $1 billion annualized revenue run rate in software and services.

Portfolio Pulse from Rounak Jain

February 24, 2024 | 8:25 am

RIVN

TSLA

Gary Black, a Tesla supporter, clarified that Elon Musk's comments were not the sole reason for Rivian's 35% stock drop, attributing it instead to Rivian's flat production guidance for 2024. Despite Musk's bankruptcy warning for Rivian, Black remains optimistic about Rivian's potential. Both Tesla and Rivian have been poor investments over the past year, with Tesla being the worse performer.

Portfolio Pulse from Rounak Jain

February 24, 2024 | 6:54 am

Jim Cramer expressed mixed feelings about Block Inc. (NYSE:SQ) after its Q4 earnings beat, initially praising the company's performance but later criticizing the fervent buying activity. Block reported Q4 revenue of $5.77 billion, surpassing expectations and closing over 15% up on Friday. Cramer set a $100 price target for Block, despite his critique of the buying frenzy. Analysts, including JPMorgan's Tien-tsin Huang, remain bullish, highlighting Cash App's momentum and Block's focus on AI efficiency.

Portfolio Pulse from Rounak Jain

February 24, 2024 | 4:47 am

TSLA

Jim Cramer, host of CNBC's 'Mad Money,' finds Ford Motor Co. (NYSE:F) notably interesting amid the electric vehicle (EV) market slowdown, highlighting Ford's strategic shift towards hybrid vehicle production. Despite the EV market deceleration, Ford has shown significant progress in the hybrid sector, contrasting with Tesla Inc. (NASDAQ:TSLA), which reported a weak fourth quarter and anticipates reduced vehicle volume growth. Ford's focus on hybrids and price adjustments for its Mustang Mach-E in Canada positions it advantageously in the evolving auto market.

Portfolio Pulse from Benzinga Neuro

February 24, 2024 | 2:11 am

GOOGL

IBM

MCD

NVDA

Jim Cramer highlighted McDonald's adoption of AI in drive-thrus, a move involving Nvidia, IBM, and Alphabet, as a significant trend in the U.S. This collaboration for AI-enabled voice recognition could boost Nvidia's position, given its role as a leading AI chipmaker. Nvidia's recent financial success and market cap milestone underscore its growing influence in the tech sector.

Portfolio Pulse from Navdeep Yadav

February 24, 2024 | 1:33 am

LSDI

Trading for LSDI was halted at 7:50:00 p.m. ET due to pending news. The specific reasons for the halt are not disclosed, indicating that significant news affecting the company is expected to be released.

Portfolio Pulse from Benzinga Newsdesk

February 24, 2024 | 12:50 am