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KVSA

MSFT

Vinod Khosla, OpenAI investor and Sun Microsystems co-founder, works 80 hours a week at 68 and plans to continue for the next 25 years. He's interested in anti-aging methods to extend his life for work. His firm, Khosla Ventures Acquisition Co. (KVSA), is raising $3 billion for startups despite a venture capital downturn. Khosla supported OpenAI's Sam Altman during a leadership shakeup, with Microsoft (MSFT) CEO Satya Nadella playing a key role in Altman's reinstatement.

Portfolio Pulse from Rounak Jain

December 02, 2023 | 2:27 am

MSFT

TSLA

In a New York civil fraud trial involving former President Donald Trump, real-estate broker Lawrence Moens, who will testify as an expert defense witness, suggested that high-profile individuals like Elon Musk and Bill Gates could potentially be interested in purchasing Mar-a-Lago for $1 billion. This valuation is in stark contrast to the Attorney General's office claim that Trump overstated the property's value, which they estimate at $25 million, to secure better interest rates from banks.

Portfolio Pulse from Navdeep Yadav

December 02, 2023 | 2:10 am

UBER

Uber Technologies' stock is trading higher in after-hours on Friday following the announcement that the company will be included in the S&P 500 index.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 10:52 pm

BLDR

JBL

UBER

Uber Technologies, Jabil, and Builders FirstSource are set to join the S&P 500 index on Dec. 18, replacing Sealed Air, Alaska Air Group, and Solaredge Technologies. This change coincides with the index's quarterly rebalancing. Uber's inclusion follows its profitability in the last four quarters, with its stock rising 1.7% in regular trading and 4.6% after-hours. Jabil and Builders FirstSource also saw after-hours trading gains of 3.1% and 2.3%, respectively.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 10:49 pm

DIS

The Walt Disney Company (NYSE:DIS) faces potential backlash after suspending advertising on Twitter due to Elon Musk's interaction with an antisemitic post. Disney CEO Bob Iger defended the decision, while Musk criticized companies withdrawing ads. The controversy has led to trending calls to cancel Disney Plus and Hulu subscriptions, with a significant number of respondents in a poll indicating intent to cancel. This comes as Disney+ faces a December with fewer new releases and less holiday-themed content, which could impact Q1 streaming figures. Disney shares closed slightly lower on Friday.

Portfolio Pulse from Chris Katje

December 01, 2023 | 9:56 pm

QQQ

SPY

TSLA

The S&P 500, tracked by SPDR S&P 500 ETF Trust (SPY), saw an 8.9% rise in November, while technology stocks, monitored through Invesco QQQ Trust (QQQ), gained 10.8%. Investor optimism grew over potential Federal Reserve rate cuts in 2024 due to cooling inflation. The Personal Consumption Expenditure (PCE) price index slowed, supporting the likelihood of rate cuts. Tesla Inc (TSLA) hosted its Cybertruck delivery event, confirming over one million reservations. JPMorgan analysts forecast an 8% drop in the S&P 500 for 2024, presenting a negative outlook.

Portfolio Pulse from Piero Cingari

December 01, 2023 | 9:43 pm

DKNG

PDYPY

The article covers several sports betting highlights, including NCAA Football Championship odds at DraftKings (DKNG), NBA Rookie of the Year favorites with BetMGM odds, Shohei Ohtani's next team odds on DraftKings, and the potential impact of Taylor Swift's tour break on NFL betting lines for Travis Kelce. It also mentions significant bets placed and won, including a two-leg parlay on an NFL game, a 19-leg parlay on an NBA game, and a 12-game parlay with FanDuel (PDYPY), as well as a popular parlay that paid out $13.4 million.

Portfolio Pulse from Chris Katje

December 01, 2023 | 9:43 pm

SPY

ZROZ

The PIMCO 25 Year Zero Coupon U.S. Treasury Index ETF (ZROZ) has outperformed the S&P 500, represented by the SPDR S&P 500 ETF Trust (SPY), over the past month. ZROZ, which invests in long-term U.S. Treasury bonds with at least 25 years to maturity, saw a 19.4% return compared to SPY's 9.9%. The performance is attributed to falling Treasury yields, which benefit long-duration assets like ZROZ's zero-coupon bonds. A decrease in yields from 5.1% to 4.4% has led to a price increase in these bonds.

Portfolio Pulse from Piero Cingari

December 01, 2023 | 9:43 pm

AMBO

FOSL

GMBL

GNLN

HCDI

JFBR

NEGG

PIK

PLAY

TUP

YOSH

In Friday's after-market session, several consumer discretionary stocks experienced movement. Kidpik (PIK), PARTS iD (ID), Esports Entertainment (GMBL), Ambow Education Holding (AMBO), Greenlane Hldgs (GNLN), and Fossil Group (FOSL) were gainers, with increases ranging from 3.57% to 11.3%. On the losing side, Newegg Commerce (NEGG), Dave & Buster's Enter (PLAY), Jeffs Brands (JFBR), Yoshiharu Global (YOSH), Tupperware Brands (TUP), and Harbor Custom Dev (HCDI) saw declines between 3.58% and 5.0%. Ambow Education Holding's Q2 earnings were released three days ago.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 9:31 pm

ICU

LSDI

LXEO

TBIO

In Friday's after-market session, several healthcare stocks experienced significant movements. Lucy Scientific Discovery (LSDI) saw a 46.4% increase, while Lexeo Therapeutics (LXEO) rose by 23.53%. NexImmune (NEXI) and Virios Therapeutics (VIRI) also saw upward movements. Conversely, Telesis Bio (TBIO) and SeaStar Medical Holding (ICU) were among the stocks that fell, with declines of 15.4% and 11.46%, respectively.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 9:31 pm