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IVT

InvenTrust Properties Corp. raised $224 million through an upsized secondary stock offering of 8 million shares at $28 per share. The proceeds will be used for acquisitions, debt repayment, and working capital.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 6:54 am

TSLA

Tesla's stock rose nearly 5% amid optimism about third-quarter deliveries, reaching $250. Fund manager Gary Black expressed skepticism about the upcoming Oct. 10 Robotaxi event as a catalyst, citing Tesla's full self-driving technology's current limitations. However, he is optimistic about a potential $25,000-$30,000 compact car launch, which could significantly boost Tesla's market share and stock price.

Portfolio Pulse from Shanthi Rexaline

September 24, 2024 | 6:25 am

TSLA

Tesla is working hard to deploy its full self-driving (FSD) technology on the Cybertruck, as indicated by senior executive Ashok Elluswamy. Despite previous delays, Tesla aims to enhance its FSD software to eventually allow autonomous driving without supervision.

Portfolio Pulse from Anan Ashraf

September 24, 2024 | 6:24 am

LVMHF

LVMUY

Bernard Arnault, CEO of LVMH, has seen his net worth drop by $54 billion due to a 16% decline in LVMH's stock price. This has moved him from the world's richest person to nearly fifth place. The luxury goods market's volatility and LVMH's challenges, including a mere 2% revenue increase and an 8% drop in income, have contributed to this decline.

Portfolio Pulse from Benzinga Neuro

September 24, 2024 | 6:02 am

BTCUSD

GLD

Economist Peter Schiff criticizes the market's focus on Bitcoin over gold, despite gold reaching record highs. He argues that the rise in gold signals loose monetary policy and impending inflation. Schiff has a history of downplaying Bitcoin's value.

Portfolio Pulse from Aniket Verma

September 24, 2024 | 5:27 am

TSLA

Elon Musk announced that Tesla's 'Actually Smart Summon' feature now allows vehicles to autonomously navigate complex parking lots to find their owners. This is part of Tesla's Full Self-Driving technology, which has been rebranded as 'Full Self-Driving (Supervised)'.

Portfolio Pulse from Benzinga Neuro

September 24, 2024 | 4:58 am

DOGEUSD

SHIBUSD

SOLUSD

Cat-themed cryptocurrency MEW defied the broader memecoin stagnation, gaining over 10% in 24 hours and increasing weekly gains to 34%. This contrasts with Dogecoin and Shiba Inu's losses. MEW's popularity surged due to social media engagement and listings on Revolut and Upbit.

Portfolio Pulse from Aniket Verma

September 24, 2024 | 4:45 am

CEG

MSFT

Pennsylvania Governor Josh Shapiro is urging regulators to expedite the integration of the Three Mile Island nuclear reactor into the power grid, enabling Microsoft to use its power by 2028. Microsoft has a 20-year power purchase agreement with Constellation Energy, which owns the reactor. This move aligns with Microsoft's sustainability goals and has positively impacted Constellation Energy's stock.

Portfolio Pulse from Ananya Gairola

September 24, 2024 | 4:04 am

ARKB

PINS

PLTR

PYPL

Cathie Wood's Ark Invest made significant trades, buying $4.5M in PayPal and $3.5M in Pinterest shares, while selling its Bitcoin ETF amid a crypto surge. The firm also continued offloading Palantir shares.

Portfolio Pulse from Benzinga Neuro

September 24, 2024 | 3:37 am

BTCUSD

ETHUSD

Leading cryptocurrencies, including Bitcoin and Ethereum, saw a pullback after recent gains. Bitcoin fell below $63,000, while Ethereum settled around $2,600. Analysts suggest Ethereum's dips below $2,300 are prime buying zones, indicating potential upside. The global cryptocurrency market slightly contracted, and market sentiment remains neutral.

Portfolio Pulse from Aniket Verma

September 24, 2024 | 3:16 am