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Stock Prices

TSLA

Tesla CEO Elon Musk responded with a clown emoji to Jefferies analyst Philippe Houchois' recommendation to shelve the Cybertruck, calling it an 'off-mission product'. Houchois sees 2024 as a 'lost year' for Tesla's growth and suggests canceling the Cybertruck could help Tesla refocus. Despite this, Houchois maintains a Neutral rating on Tesla stock but lowered the price target from $250 to $210. Tesla is set to launch the Cybertruck on November 30, with reports indicating only a few units may be delivered at the event. Tesla's stock closed up 0.55% at $235.60.

Portfolio Pulse from Shanthi Rexaline

November 21, 2023 | 5:27 am

DOGE

SHIB

SOL

BONK, a meme coin in the Solana ecosystem, has surged by 1700% in the past month, outperforming other meme coins like Dogecoin and Shiba Inu. Despite a 29% drop from its all-time high, BONK's rise is notable in the wake of FTX's collapse, which affected the Solana network. BONK's airdrop during Christmas 2022 and its tokenomics have contributed to its demand and performance.

Portfolio Pulse from Mehab Qureshi

November 21, 2023 | 5:07 am

BTCUSD

DOGEUSD

Javier Milei, Argentina's next President, is gaining attention for his unconventional telepathic communications with his deceased dog, Conan, who he claims advised him on his political strategy. Milei's pro-Bitcoin stance has garnered support from prominent crypto figures like Balaji Srinivasan, Michael Saylor, Samson Mow, and Ryan Selkis, who are optimistic about potential Bitcoin-friendly reforms in Argentina. Elon Musk and Dogecoin co-founder Billy Markus also expressed positive sentiments about Argentina's future under Milei's leadership.

Portfolio Pulse from Mehab Qureshi

November 21, 2023 | 4:23 am

FSR

Fisker Inc's (NYSE:FSR) Chief Accounting Officer, Florus Beuting, resigned on November 14th, less than two weeks after his appointment on November 6th. The resignation follows Fisker's failure to file its Q3 10-Q report on time, receiving a notice from the NYSE. The company reported preliminary Q3 revenue of $71.8 million, which is below the consensus estimate of $109.029 million, and delivered less than 1,100 vehicles. Fisker has not explained the cause for the filing delay but plans to file the report within the next few days.

Portfolio Pulse from Anan Ashraf

November 21, 2023 | 3:50 am

TSLA

Tesla Inc (NASDAQ:TSLA) has increased the price of its Model Y Long Range in China by 2000 yuan, marking the second price hike in less than two weeks. The new price is 304,400 yuan, although it remains cheaper than its price in October 2022. Other Tesla models and variants have not changed in price.

Portfolio Pulse from Anan Ashraf

November 21, 2023 | 3:24 am

NVDA

PLTR

TSLA

On Monday, U.S. stocks were up, with Nvidia, Zoom, C3.ai, Palantir, and Tesla being the focus of investors. Nvidia closed up 2.28% due to collaborations and investments. Zoom rose 2.93% after a positive earnings report. C3.ai fell 4.33% ahead of its financial results. Palantir increased 4.15%, hitting a new 52-week high. Tesla saw a modest 0.55% rise with Cybertruck news.

Portfolio Pulse from Benzinga Neuro

November 21, 2023 | 2:08 am

MSFT

Sam Altman's unexpected departure as CEO of OpenAI has led investors to consider legal action against the board. Concerns about the AI startup's future and potential financial losses are heightened by talks of employee resignations. Microsoft (NASDAQ:MSFT), owning a 49% stake in OpenAI, has inducted Altman and another ousted executive into its AI research team after the board's refusal to reinstate them.

Portfolio Pulse from Ananya Gairola

November 21, 2023 | 1:27 am

AAPL

PYPL

Apple is facing a proposed class action lawsuit from users of Venmo and Cash App, alleging antitrust violations. The suit claims Apple is misusing its market power to stifle competition in mobile peer-to-peer payments, causing inflated prices. Plaintiffs seek to stop Apple's anti-competitive agreements and suggest divesting its Apple Cash business. This lawsuit adds to other legal challenges Apple faces, including one regarding Apple Pay and another from Epic Games over in-app payment processing.

Portfolio Pulse from Khyathi Dalal

November 21, 2023 | 12:44 am

DKNG

FOX

FOXA

Betting odds for the 2024 Presidential Election show Donald Trump as the favorite, with Joe Biden close behind. Gavin Newsom, not officially running, ranks third. Nikki Haley's odds have improved significantly, while Vivek Ramaswamy's odds have dropped. Ron DeSantis's odds remain steady but lower than previous highs. DraftKings Inc (NASDAQ:DKNG) offers political betting in Ontario, and its CEO hopes to expand such betting to the U.S. Fox Corporation (NASDAQ:FOX, NASDAQ:FOXA) will host a debate between Newsom and DeSantis. The betting odds and candidate rankings could influence public perception and campaign strategies as the election approaches.

Portfolio Pulse from Chris Katje

November 20, 2023 | 11:56 pm

ARKK

Cannabis ETFs in Europe are shutting down, with Rize Medical Cannabis and Life Sciences UCITS ETF (FLWR) set to close on Dec. 12th after being acquired by Cathie Wood's ARK Innovation ETF (ARKK) in September. The closure is deemed in the best interest of investors. Another ETF, Medical Cannabis and Wellness UCITS ETF (CBDZ), is merging into HAN-GINS Indxx Healthcare Megatrend Equal-Weight UCITS ETF (WELL). In the Czech Republic, a draft bill proposes strict rules on CBD and kratom products. In the UK, MPs are urged to improve access to medical marijuana through the NHS. Ireland is progressing a bill to legalize weed for personal use, and Germany has postponed the final reading of its cannabis legalization bill.

Portfolio Pulse from Nina Zdinjak

November 20, 2023 | 11:49 pm