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AAPL

META

Apple Inc. and Meta Platforms Inc. are preparing for a face-off in the mixed reality headset market. Apple is expected to launch its Vision Pro mixed-reality headset early next year, with a focus on comfort and a lighter design. Meta, on the other hand, is planning to reduce prices of its future products, with its next MR headset Quest 3 expected to launch this month. Meta is also planning a cheaper mixed-reality headset for next year. Both companies believe they have superior products, with Apple boasting a higher-resolution passthrough camera and a powerful M2 chip, and Meta having a better gaming ecosystem.

Portfolio Pulse from Shanthi Rexaline

October 08, 2023 | 7:25 pm

TSLA

Tesla's yet-to-be-launched Cybertruck has reportedly been auctioned off for $400,000 at the Peterson Automotive Museum in Los Angeles. The auction was hosted by television host Jay Leno. The Cybertruck is expected to be released in late 2023 and has been widely anticipated. Analyst Gary Black expects the Cybertruck to stimulate sales of other Tesla EVs once launched.

Portfolio Pulse from Shanthi Rexaline

October 08, 2023 | 4:27 pm

BTCUSD

DOGEUSD

ETHUSD

Despite the ongoing Israel-Hamas conflict, the cryptocurrency market remains largely unaffected due to its decentralized nature. Cryptocurrencies are seen as a global asset that transcends political boundaries. Their increasing adoption globally, by individuals, businesses, and institutions, reinforces their legitimacy as a mainstream asset class. At the time of writing, Bitcoin, Ethereum, and Dogecoin were trading at $27,827.96, $1620.79, and $0.0611 respectively.

Portfolio Pulse from Benzinga Neuro

October 08, 2023 | 1:13 pm

TLT

The recent attack on Israel by Hamas may lead to a shift towards safe haven assets like gold, the dollar, and U.S. Treasuries (NYSE:TLT), due to the perceived market risk. The geopolitical tension could fuel purchases of these assets, which have recently seen aggressive sell-offs. The markets have experienced considerable volatility due to expectations of prolonged high U.S. interest rates.

Portfolio Pulse from Benzinga Neuro

October 08, 2023 | 12:43 pm

AAPL

This week in Apple Inc. (NASDAQ:AAPL) saw CEO Tim Cook's admiration for the company's first mixed-reality headset, Vision Pro. Rumors suggest Samsung's upcoming Exynos 2400 chipset may be less potent than Apple's A17 Pro. Apple may be planning to develop its own search engine, reducing reliance on Google. Supply chain issues and high demand have caused delivery delays for the iPhone 15 Pro and 15 Pro Max. Google's trade-in prices for its new Pixel 8 and Pixel 8 Pro smartphones favor older iPhones over its own Pixel and Samsung Galaxy smartphones.

Portfolio Pulse from Benzinga Neuro

October 08, 2023 | 9:02 am

BTCUSD

This week in cryptocurrency saw Bitcoin (CRYPTO: BTC) surge past the $28,000 mark, a Twitter account associated with Satoshi Nakamoto reactivate after five years, a significant rise in ex-president Trump’s NFT sales, and revelations about Sam Bankman-Fried‘s personal life. Bitcoin's rise followed a tweet from the reactivated @satoshi account, and data shows a significant accumulation of Bitcoin among 10,000 to 10,000 BTC wallets, totaling $1.17 billion since Sept. 1. Trump's NFT sales increased over 350% in the last 24 hours.

Portfolio Pulse from Benzinga Neuro

October 08, 2023 | 12:26 am

MSFT

NVDA

CNBC Mad Money host Jim Cramer has reaffirmed his positive stance on Nvidia Corp. (NASDAQ:NVDA) despite rumors of Microsoft Corp. (NASDAQ:MSFT) launching its first in-house artificial intelligence chip. The move is expected to reduce Microsoft's reliance on Nvidia-designed AI chips. However, Cramer dismissed the rumors as misinformation, stating that he would not sell Nvidia stock based on it.

Portfolio Pulse from Shanthi Rexaline

October 07, 2023 | 9:10 pm

ARKK

ARKQ

ARKW

TSLA

Ark Invest, founded by Cathie Wood, sold Tesla shares for the third consecutive session, totaling $30M in disposals for the week. Three of Ark's ETFs, ARKK, ARKQ, and ARKW, sold Tesla shares on Friday. This comes as Tesla reported below-consensus Q3 deliveries and implemented another round of price cuts in the U.S.

Portfolio Pulse from Shanthi Rexaline

October 07, 2023 | 7:34 pm

CYBR

PFPT

A hacker claims to have stolen personal genetic data from millions of 23andMe Holding Co. (NASDAQ:ME) customer accounts, sparking concerns over privacy and security. The company confirmed unauthorized access to individual accounts enrolled in the DNA Relative feature. As the investigation continues, stocks related to cybersecurity and data privacy, such as CyberArk Software Ltd. (NASDAQ:CYBR) and Proofpoint, Inc. (NASDAQ:PFPT) could experience volatility.

Portfolio Pulse from Nabaparna Bhattacharya

October 07, 2023 | 7:07 pm

CVX

HAL

SLB

VLO

XOM

OPEC has reportedly raised its medium- and long-term oil demand outlook, contrasting with the International Energy Agency's (IEA) less optimistic view. This has led to significant market reactions. Five oil stocks to watch include Exxon Mobil Corporation (XOM), Chevron Corporation (CVX), Schlumberger N.V. (SLB), Halliburton Company (HAL), and Valero Energy Corporation (VLO). All these stocks have seen gains in the past year and recent price target increases by analysts.

Portfolio Pulse from Nabaparna Bhattacharya

October 07, 2023 | 6:40 pm