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Stock Prices

EWA

Australia's Consumer Price Index (CPI) for Q3 has been reported at 5.4%, slightly above the estimated 5.3% and below the previous quarter's 6%. The iShares MSCI Australia ETF (EWA) may be impacted by this news.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 5:17 am

AAPL

Walter Isaacson, a well-known biographer, has stated that Apple Inc. (NASDAQ:AAPL) could be the most affected US company if economic tensions between the US and China continue to rise. Isaacson believes that Apple will find it challenging to decrease its reliance on China, which manufactures the majority of its products. His comments come after reports of sluggish iPhone 15 sales in China and difficulties faced by Apple's production side in the country.

Portfolio Pulse from Benzinga Neuro

October 25, 2023 | 4:23 am

COIN

EXAS

GBTC

HOOD

PATH

ROKU

Ark Invest, led by Cathie Wood, made significant trades on Tuesday, purchasing shares in Robinhood Markets Inc (HOOD) and selling positions in Coinbase Global Inc (COIN) and Grayscale Bitcoin Trust (GBTC). The firm also sold shares of UiPath Inc (PATH) and Exact Sciences Corp (EXAS), and bought shares of Roku Inc (ROKU). These trades were made through ARK Next Generation Internet ETF (ARKW), ARK Genomic Revolution ETF (ARKG), and ARK Innovation ETF (ARKK).

Portfolio Pulse from Benzinga Neuro

October 25, 2023 | 3:54 am

BLK

BTCUSD

BlackRock Inc.'s proposed iShares Bitcoin ETF, known as IBTC, reappeared on the Depository Trust and Clearing Corporation (DTCC) website after a brief disappearance. The initial listing of the ETF on the DTCC site led to a surge in Bitcoin's value, exceeding $35,000 before stabilizing around $33,000. The ETF's sudden withdrawal and subsequent reappearance stirred the market, with its initial presence linked to Bitcoin's brief surge and its disappearance leading to a 3% drop in Bitcoin's value.

Portfolio Pulse from Benzinga Neuro

October 25, 2023 | 3:10 am

BTCUSD

DOGEUSD

ETHUSD

Bitcoin, Ethereum, and Dogecoin saw gains, with the global cryptocurrency market cap rising 0.47% to $1.25 trillion. The rally was fueled by expectations surrounding Bitcoin Spot ETFs. The listing of iShares Bitcoin Trust on the Depository Trust & Clearing Corporation (DTCC) drove Bitcoin's momentum. The iShares Bitcoin ETF reappeared on DTCC's website after disappearing earlier. Analysts suggest that Bitcoin is in an upward trend and 4-8% dips are entries towards $38K.

Portfolio Pulse from Shivdeep Dhaliwal

October 25, 2023 | 2:23 am

AMZN

GOOGL

MSFT

SNAP

TSLA

US stocks showed positive momentum on Tuesday with Dow Jones, NASDAQ, and S&P 500 indices rising. Microsoft, Alphabet, Snap, Amazon, and Tesla were the top stocks gaining attention. Microsoft reported a 13% YoY increase in its fiscal first-quarter revenue. Alphabet reported an 11% YoY increase in its third-quarter revenue. Snap announced a $500 million buyback program. Amazon received a Buy rating from Seaport analyst Aaron Kessler. Tesla hinted at a driving range for its upcoming Cybertruck comparable to or better than a Model X.

Portfolio Pulse from Benzinga Neuro

October 25, 2023 | 1:30 am

BTCUSD

Influential investor Peter Schiff has expressed skepticism about the anticipated demand for a new Bitcoin ETF, suggesting that the number of Bitcoin speculators ready to sell far outpaces the would-be buyers waiting for the ETF. This comes amidst high speculation around a possible Bitcoin ETF approval by the SEC, which has led to Bitcoin's price increasing by 19.9% over the week.

Portfolio Pulse from Benzinga Neuro

October 25, 2023 | 12:55 am

CMCSA

RUM

Former President Donald Trump continues to lead the Republican field of candidates for the 2024 presidential election, according to the latest Morning Consult poll. Trump has a 49-point lead over his closest competitor, Ron DeSantis. The third Republican debate is scheduled for Nov. 8, with media rights won by Comcast Corporation (NASDAQ:CMCSA) and streaming rights belonging to Rumble Inc (NASDAQ:RUM). However, with Trump's strong lead and low ratings for the second debate, the third debate could see additional low ratings.

Portfolio Pulse from Chris Katje

October 24, 2023 | 10:36 pm

MSFT

Microsoft has projected its Q2 More Personal Computing revenue to be between $16.5B and $16.9B, according to Reuters.

Portfolio Pulse from Charles Gross

October 24, 2023 | 10:19 pm

MSFT

Microsoft has projected its Q2 Intelligent Cloud revenue to be between $25.1 billion and $25.4 billion, as per a recent conference call.

Portfolio Pulse from Charles Gross

October 24, 2023 | 10:16 pm