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BTCUSD

Robert Kiyosaki, author of 'Rich Dad Poor Dad', has endorsed Bitcoin (BTC) as the best protection against potential hyperinflation, referring to it as 'People's money'. He suggests that Bitcoin's decentralized nature gives control to the people, unlike traditional currencies controlled by leaders. Kiyosaki has previously shown support for gold, silver, and Bitcoin, even predicting a Bitcoin price of $100,000. His views contrast with his past skepticism about Bitcoin and the U.S. Dollar, especially in light of Citibank's blockchain technology for cross-border transactions.

Portfolio Pulse from Mehab Qureshi

November 21, 2023 | 7:08 am

AAPL

KeyBanc Capital Markets analyst Brandon Nispel maintains a Sector Weight rating on Apple Inc. (AAPL), expressing concerns over Apple's hardware sales growth in its fiscal first quarter of 2024. Despite a 6% month-over-month drop in indexed spending in October, which is better than the three-year average, Nispel believes that lower upgrade rates and softer customer demand will pressure hardware revenues. KeyBanc maintains its below-consensus estimates and a fair value of $182 for Apple stock, which is currently trading at overbought levels with a relative strength index around 70.

Portfolio Pulse from Shanthi Rexaline

November 21, 2023 | 6:59 am

RIVN

Rivian CEO RJ Scaringe is expanding his role to directly oversee all product functions, including software and design. This change comes as Rivian develops its R2 platform, expected to start production in 2026 with unveilings in early 2024. The R2 aims to fill a market gap in the $45,000 to $50,000 range for midsize SUVs, a segment where Tesla currently has a significant market share. Rivian also plans to deliver electric delivery vans to customers beyond Amazon starting in 2024.

Portfolio Pulse from Anan Ashraf

November 21, 2023 | 5:32 am

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

AI

NVDA

PLTR

TSLA

ZM

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