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ALK

SPR

SPY

The FAA has issued a temporary grounding order for certain Boeing 737 Max 9 aircraft operated by U.S. airlines or within U.S. territory. This action may affect the operations of airlines using this aircraft model and could have implications for Boeing's stock as well as its suppliers and the broader market.

Portfolio Pulse from Charles Gross

January 07, 2024 | 3:01 am

ALK

Alaska Airlines has completed inspections on over 25% of its Boeing 737-9 fleet, with no concerning findings. The aircraft will be returned to service as inspections are finalized, ensuring full confidence in their safety.

Portfolio Pulse from Charles Gross

January 06, 2024 | 5:34 pm

ARKF

ARKK

ARKW

COIN

PLTR

Cathie Wood's Ark Invest purchased additional shares of Palantir Technologies (PLTR) valued at $16.5 million across three ETFs (ARKK, ARKW, ARKF) despite a downgrade by Jefferies analyst Brent Thill from 'Neutral' to 'Underperform' with a price target cut from $18 to $13. Meanwhile, Ark continued to sell shares of Coinbase Global (COIN), liquidating 133,823 shares worth $20.61 million.

Portfolio Pulse from Shanthi Rexaline

January 06, 2024 | 4:10 pm

FSR

KARS

RIVN

TSLA

Electric vehicle stocks fell in the week ending Jan. 5, with Tesla's Q4 deliveries exceeding expectations but not enough to lift the sector. Tesla lost its global EV leader status to BYD, faced a recall in China, and will provide 2024 guidance on Jan. 24. Rivian's Q4 deliveries slightly missed estimates, while Fisker adopted a dealer distribution model. Ford adjusted F-150 Lightning prices, and GM plans to compensate buyers for lost EV tax credits. The KraneShares Electric Vehicles ETF fell by 5.53% for the week.

Portfolio Pulse from Shanthi Rexaline

January 06, 2024 | 2:59 pm

AAPL

ANF

IBM

NVDA

Barron's weekend stock picks include Abercrombie & Fitch, Apple, Nvidia, and IBM. Abercrombie & Fitch's future growth is uncertain despite a recent spike. Apple faces a 5.9% YTD decline amid antitrust concerns. Shipping stocks like Maersk may benefit from Middle East conflict and Panama Canal drought. Nvidia is projected to generate $100 billion in free cash flow from AI chip sales. IBM's AI ambitions are met with skepticism from analysts.

Portfolio Pulse from Justin Chan

January 06, 2024 | 2:12 pm

AAPL

AMZN

NFLX

RIVN

TSLA

Benzinga's weekly review highlights significant movements in the stock market and bullish and bearish perspectives on several US-listed companies. The Nasdaq, S&P 500, and Dow Jones all experienced losses, with the Nasdaq dropping 3.25%. Strong U.S. job market data may influence the Federal Reserve's interest rate decisions. Bullish reports include Tesla's Model Y becoming the bestselling EV, Amazon being a top pick for 2024, and optimistic Bitcoin predictions. Bearish news includes a $250 billion loss in market cap for tech giants like Apple and Amazon, Cloudflare's CEO criticizing Rivian's high repair costs, and streaming services like Netflix facing increased subscription cancellations.

Portfolio Pulse from Michael Cohen

January 06, 2024 | 1:22 pm

CMCSA

NTDOY

SONY

Following the success of 'The Super Mario Bros. Movie,' which grossed over $1 billion, Nintendo Co (OTC:NTDOY) is hinted to be exploring more film projects. Shigeru Miyamoto, Mario's creator, is considering unique opportunities for Nintendo in movies and amusement parks. Comcast Corporation (NASDAQ:CMCSA), through Universal Pictures, distributed the Mario movie. A 'The Legend of Zelda' live-action film, a collaboration between Nintendo and Sony Group Corp (NYSE:SONY), has also been announced. The success of the Mario movie and potential sequels or spinoffs could positively impact Nintendo's stock, which has seen a 21% increase over the last year.

Portfolio Pulse from Chris Katje

January 06, 2024 | 1:19 pm

CMCSA

DIS

DKNG

PDYPY

The final week of the NFL season is approaching with playoff spots on the line. ESPN, ABC, and ESPN+ will air two games on Saturday, while NBC will broadcast the Sunday Night Football game. The NCAA Football Championship will see Michigan face Washington. The Detroit Pistons ended their 28-game losing streak. Big bets at FanDuel included a 35-cent bet turning into $100 and a $5 bonus bet into $3,396.92. Bet365 shared the most bet-on teams and players in various sports, highlighting the impact of Lionel Messi's move to MLS on soccer betting.

Portfolio Pulse from Chris Katje

January 06, 2024 | 1:10 pm

BLK

BTCUSD

GBTC

Better Markets CEO Dennis M. Kelleher has warned the SEC that approving a spot Bitcoin ETF would be a 'historic mistake' and could lead to 'massive investor harm.' Bloomberg ETF analyst James Seyffart criticized Kelleher's stance, calling it a 'criminal move.' The SEC is set to decide on the Bitcoin ETF by Jan. 10, with 11 applicants having submitted amendment forms. BlackRock Inc. and Grayscale Investments have met with the SEC to discuss Bitcoin ETFs. BTC's price was slightly up at the time of reporting.

Portfolio Pulse from Rounak Jain

January 06, 2024 | 10:02 am

IBKR

Thomas Peterffy, billionaire founder of Interactive Brokers, shared his worst trade involving DuPont de Nemours Inc. (NYSE:DD), where he lost $80,000, half his capital at the time, due to impatience and a mistake in option trading. He also discussed his investment philosophy, emphasizing logic and independent research over secrets or advice from books.

Portfolio Pulse from Rounak Jain

January 06, 2024 | 9:02 am