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The major indexes fell last week due to the Israel-Hamas conflict and concerns about rising interest rates. The Fed's Jerome Powell emphasized the importance of a measured approach based on economic indicators. U.S. retail sales saw their sixth consecutive month of growth. Ark Invest CEO Cathie Wood believes Tesla has more upside in the AI sector over the next five years compared to Nvidia. Wedbush analyst Scott Devitt has a positive outlook on Amazon, emphasizing potential catalysts like increasing retail margins and accelerated AWS growth. There is heightened anticipation within the crypto community for the approval of a spot Bitcoin ETF. Tesla CEO Elon Musk anticipates significant hurdles in scaling up Cybertruck production. Tilray Brands CEO Irwin Simon calls for clarity in the U.S. cannabis industry's regulatory confusion. Bank of America CEO Brian Moynihan observes a deceleration of consumer spending due to rising interest rates.

Portfolio Pulse from Michael Cohen

October 21, 2023 | 1:14 pm

TSLA

Tesla Inc's shares dropped significantly this week, leading to a $30 billion decrease in CEO Elon Musk's net worth. The drop was due to a weak economic outlook from the company's recent earnings call and a miss on the third-quarter revenue estimates. Tesla's shares fell 15.2% this week to $211.99.

Portfolio Pulse from Anan Ashraf

October 21, 2023 | 11:00 am

BTCUSD

Robert Kiyosaki, author of 'Rich Dad Poor Dad', predicts that Bitcoin (BTC) will surge to $135,000. He also forecasts that Gold will reach a value of $3,700. His predictions have sparked discussions within the cryptocurrency community, with some experts drawing parallels to Standard Chartered Bank's forecasts for Bitcoin's future. Bitcoin recently surpassed the $30,000 threshold for the first time since August 2023.

Portfolio Pulse from Ananya Gairola

October 21, 2023 | 5:52 am

TSLA

Tesla Inc (NASDAQ:TSLA) has reached the milestone of 1 million vehicles delivered in Europe, despite a 10% slump in new car registrations in September. The company's market share dropped to 2.8% last month. This comes amidst an overall surge in EU battery electric car registrations by 14.3%. Other automakers such as Volkswagen, Stellantis NV, and Renault Group saw a significant increase in new car registrations in September, while Ford Motor Co, Mitsubishi, and Tesla witnessed a drop.

Portfolio Pulse from Anan Ashraf

October 21, 2023 | 5:41 am

TSLA

Tesla Inc's CEO, Elon Musk, laughed off comments by Sanford C. Bernstein analyst Toni Sacconaghi, who stated that Tesla is increasingly looking like a regular auto company. Sacconaghi has an 'underperform' rating on Tesla with a price target of $150.

Portfolio Pulse from Anan Ashraf

October 21, 2023 | 4:16 am

AAPL

Apple Inc. (NASDAQ:AAPL) has seen a 4.5% decline in iPhone 15 sales in China in the first 17 days compared to its predecessor. This follows China's decision to widen restrictions on the use of iPhones by state employees. However, China's vice premier, Ding Duexiang, has expressed willingness to provide Apple with more opportunities as competition with Huawei Technologies intensifies. Apple CEO Tim Cook recently made a surprise visit to Beijing, where he was welcomed to participate in advancing China's digital economy.

Portfolio Pulse from Ananya Gairola

October 21, 2023 | 2:16 am

MSFT

NVDA

TSLA

Billionaire investor Leon Cooperman predicts that the S&P 500 will not surpass its current record of about 4,800 points for some time due to overpriced stocks. He also anticipates a downturn in the housing market due to the affordability crisis. Cooperman attributes these issues to years of near-zero interest rates and rampant government spending. He also noted that a bear market has already affected most stocks, with only a few Big Tech companies like Tesla, Nvidia, and Microsoft driving major indexes higher.

Portfolio Pulse from Benzinga Neuro

October 21, 2023 | 1:09 am

ANGI

ASST

BHAT

CARG

CUEN

FAZE

HRYU

LTRPA

MSGM

TGL

In Friday's after-market session, several communication services stocks saw significant movement. Gainers included Asset Entities (ASST), Hanryu Holdings (HRYU), Angi (ANGI), and CarGurus (CARG), with increases ranging from 3.19% to 5.0%. Losers included Treasure Global (TGL), Motorsport Games (MSGM), Cuentas (CUEN), Blue Hat Interactive (BHAT), Liberty TripAdvisor Hldgs (LTRPA), and FaZe Hldgs (FAZE), with decreases ranging from 4.53% to 8.0%.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 9:31 pm

ADD

AYRO

BODY

CNXA

FRSX

GSUN

JRSH

MGOL

PIK

TRNR

During Friday's after-market session, several consumer discretionary stocks saw significant movement. Connexa Sports Techs (CNXA), Kidpik (PIK), Beachbody Co (BODY), MGO Global (MGOL), and Jerash Holdings (JRSH) all saw increases in their stock prices. On the other hand, Color Star Tech (ADD), Foresight Autonomous (FRSX), AYRO (AYRO), Interactive Strength (TRNR), Visionary Education Tech (GV), and Golden Sun Education Gr (GSUN) all experienced declines.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 9:31 pm

APLM

CRVO

GRI

ICU

INBS

MBRX

MOTS

OPGN

RNLX

RVLP

SYRS

TCBP

Several healthcare stocks experienced significant movement in Friday's after-market session. Notable gainers included Apollomics (APLM), GRI Bio (GRI), Syros Pharmaceuticals (SYRS), TC BioPharm (TCBP), Renalytix (RNLX), and Moleculin Biotech (MBRX). On the other hand, Motus GI Hldgs (MOTS), RVL Pharmaceuticals (RVLP), Intelligent Bio Solutions (INBS), CervoMed (CRVO), OpGen (OPGN), and SeaStar Medical Holding (ICU) saw their stock prices decrease.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 9:31 pm