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AAPL

Apple Inc.'s stock was affected last week due to the potential competitive threat posed by Huawei's new phone. However, an analyst from TFI Securities sees this as good news for consumers, as it could force Apple to innovate more aggressively. Apple's iPhone 15 models are the first smartphones to adopt stacked CIS, a low-power imaging device. If there had been no U.S. ban, Huawei would have been the first to adopt this technology. Apple's iPhone 15 launch event is scheduled for Tuesday.

Portfolio Pulse from Shanthi Rexaline

September 10, 2023 | 12:50 pm

BTCUSD

DOGEUSD

ETHUSD

SHIBUSD

The past weekend saw significant developments in the cryptocurrency world, including the development of a 'burn portal' for Shiba Inu, a potential breakout for Bitcoin, and Elon Musk's ambitious plan for Dogecoin. A crypto analyst also projected a 170% upside for Dogecoin by 2024, while concerns were raised about a potential collapse of the crypto market.

Portfolio Pulse from Benzinga Neuro

September 10, 2023 | 12:00 am

AAPL

ADBE

DOCU

GRPN

Barron's has covered several stocks in its weekend review. Coca-Cola (KO) has been struggling despite beating Q2 earnings and sales expectations due to investor concerns over the consumer staples sector. Apple (AAPL) is expected to recover after a two-day decline. Groupon (GRPN) is seen as a bargain by Windward Management, especially in the face of inflation. Adobe (ADBE) has received a buy rating ahead of earnings due to its foray into AI and other positive factors. DocuSign (DOCU) is facing macro pressures despite beating expectations.

Portfolio Pulse from Justin Chan

September 09, 2023 | 11:24 pm

NVDA

Nvidia Corp. (NASDAQ:NVDA) was accused by social media users of inflating its Q2 revenue through sales of GPUs to CoreWeave, a company in which Nvidia is a strategic investor. Bernstein analyst Stacy Rasgon defended Nvidia, stating that the accusations were baseless. He explained that the mismatch between revenue growth and cost of goods growth was due to charges Nvidia incurred a year ago. Rasgon maintains an 'Outperform' rating and $675 price target for Nvidia stock.

Portfolio Pulse from Shanthi Rexaline

September 09, 2023 | 10:53 pm

AMZN

Retail cannabis sales in Massachusetts have reached $5 billion, according to the state's Cannabis Control Commission (CCC). Despite competition from other East Coast states launching legal marijuana programs, Massachusetts continues to hit record sales. Senator Elizabeth Warren has called for cannabis laws to prevent corporations like Amazon (NASDAQ: AMZN) and Altria (NYSE: MO) from dominating the industry.

Portfolio Pulse from Maureen Meehan

September 09, 2023 | 7:00 pm

BTCUSD

Crypto analyst Michaël van de Poppe predicts a 'final correction' in Bitcoin's value, anticipating a dip of about 10% from its current value. He views this as an opportunity for long-term investors to increase their Bitcoin holdings. He also highlighted upcoming developments in the crypto space, including Bitcoin's spot ETFs and the expected introduction of ETH Futures ETFs. Despite the potential dip, he remains bullish about Bitcoin's long-term prospects due to growing institutional interest.

Portfolio Pulse from Bibhu Pattnaik

September 09, 2023 | 6:20 pm

AAPL

DIS

NKLA

TSLA

Major indices faced a challenging week with the Dow, Nasdaq, and S&P experiencing declines. WTI crude hit a 10-month high due to Saudi Arabia and Russia's decision to extend production cuts, sparking inflation and interest rate concerns. Tesla is returning to the Detroit Auto Show, emphasizing its dominant position in the EV market. Goldman Sachs reduced its U.S. recession risk to 15%, citing strong economic fundamentals. Shiba Inu's Shibarium surpassed 1M wallets two weeks post-launch. Daniel Niles plans to short Apple stock due to potential threats from Huawei's new Mate60 Pro and China's expanding ban on foreign phones. Nikola Corp's semi truck's lithium-ion battery caught fire, marking the company's third such incident this year. Disney modified its lawsuit against Florida Governor Ron DeSantis, focusing solely on its "First Amendment" claim.

Portfolio Pulse from Michael Cohen

September 09, 2023 | 4:51 pm

AAPL

Apple Inc. (NASDAQ:AAPL) is set to unveil its latest products, including the iPhone 15 series, at its 'Wonderlust' event on September 12. The event will also showcase updates to the Apple Watch and AirPods, as well as software updates. The iPhone, Apple Watch, and AirPods collectively constitute about 60% of Apple's total revenue. Notable changes include transitioning the iPhone's charging and data port to the USB-C standard and a design overhaul for the iPhone 15 Pro models.

Portfolio Pulse from Bibhu Pattnaik

September 09, 2023 | 4:48 pm

TSLA

Tesla Inc is nearing the production and delivery milestone of its highly anticipated Cybertruck electric pickup truck, which has drawn attention for its unique design. A new book reveals that the original plans for the Cybertruck were different, with CEO Elon Musk and Chief Designer Franz von Holzhausen initially designing the truck with curves and aluminum instead of sharp lines and stainless steel. Despite criticism of the design, investors and analysts see strong demand for the Cybertruck in the U.S. market for pickup trucks.

Portfolio Pulse from Chris Katje

September 09, 2023 | 4:22 pm

CVS

UNH

WMT

Walmart Inc. is reportedly considering acquiring a majority stake in ChenMed, a provider of primary care clinics for senior citizens. The deal could value ChenMed at several billion dollars, marking one of Walmart's most significant investments in the healthcare sector. The companies are in the initial phase of discussions. This move aligns with Walmart's strategy to transform healthcare, as stated by CEO Doug McMillon. The acquisition would add significant value to Walmart's healthcare portfolio, which saw a 2.7% increase in spending in 2021 to $4.3 trillion.

Portfolio Pulse from Nabaparna Bhattacharya

September 09, 2023 | 3:46 pm