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AAPL

CASY

SJM

THO

The Dow Jones dropped 200 points, but the CNN Money Fear and Greed index showed improved investor sentiment at 73.0. Apple shares settled slightly lower after unveiling new products. Investors await earnings results from J. M. Smucker, THOR Industries, and Casey's General Stores.

Portfolio Pulse from Lisa Levin

June 06, 2023 | 6:49 am

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TSLA

Tesla Inc (NASDAQ:TSLA) experienced a 13,656% YoY increase in new vehicle registrations in the UK, with 3,439 new cars registered in May 2023. The Model Y was the standout performer, contributing 2,509 units to the total registrations. Ford Motor Co's (NYSE:F) Puma topped the charts with 4,184 new vehicle registrations.

Portfolio Pulse from Anan Ashraf

June 06, 2023 | 6:38 am

FCX

Freeport-McMoRan Inc (NYSE:FCX) shares experienced mixed news as they were upgraded at Citigroup and downgraded at Bank of America. Citigroup analyst Brian Yu upgraded shares to Buy from Neutral with a price target raised to $23 from a previous $19, citing an appealing valuation. Meanwhile, Bank of America analyst Oscar Carbera downgraded shares to Underperform from Neutral with a price target lowered to $19 from a previous $22.50, due to a bleak near-term commodities outlook.

Portfolio Pulse from Jayson Derrick

June 06, 2023 | 6:10 am

BTCUSD

The cryptocurrency market tumbled following the SEC's lawsuit against Binance, resulting in over $300 million of losses in liquidations within 24 hours. Long positions accounted for $274 million of the losses, marking the largest level of long liquidations in at least three months. Bitcoin traders were hit the hardest, with losses totaling almost $111 million.

Portfolio Pulse from Mehab Qureshi

June 06, 2023 | 6:06 am

AAPL

META

Apple and Meta Platforms are competing in the AR/VR market with their respective headsets, Vision Pro and Quest 3. Apple's Vision Pro is priced at $3499, while Meta's Quest 3 is more affordable at $499.99. The Vision Pro offers advanced features, such as Spatial Audio support and a dedicated App Store, while the Quest 3 focuses on VR gaming experiences.

Portfolio Pulse from Ananya Gairola

June 06, 2023 | 5:14 am

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BYDDY

F

GWLLF

LI

Chinese automaker Great Wall Motor reported a 104.1% YoY increase in new energy vehicle sales in May, selling 23,755 units. However, it trailed behind Li Auto and Warren Buffett-backed BYD, which reported 146% and 109% YoY increases, respectively. Ford CEO Jim Farley named Great Wall Motor as one of the main competitors in the EV market.

Portfolio Pulse from Anan Ashraf

June 06, 2023 | 5:12 am

AAPL

Gene Munster, managing partner at Deepwater Asset Management, believes that Apple's newly introduced mixed-reality headset, Vision Pro, will eventually account for 10% of the company's revenue. This comes as Wall Street reacted negatively to the device's release and price tag.

Portfolio Pulse from Bhavik Nair

June 06, 2023 | 4:02 am

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TSLA

Tesla (TSLA) and Ford (F) CEOs Elon Musk and Jim Farley are considering another Twitter Spaces event after their recent partnership announcement. The collaboration will allow Ford customers access to Tesla's 12,000 superchargers across the US and Canada by 2024.

Portfolio Pulse from Anan Ashraf

June 06, 2023 | 1:44 am

AAPL

CJET

COIN

GTLB

TSLA

US markets closed in the red on Monday, with Tesla, Apple, Gitlab, Chijet, and Coinbase stocks drawing investor attention. Tesla's China sales increased, Apple unveiled its Apple Vision Pro, Gitlab reported a 45% YoY revenue increase, Chijet experienced post-IPO volatility, and Coinbase faced a lawsuit by the SEC.

Portfolio Pulse from Bhavik Nair

June 06, 2023 | 1:22 am

AAPL

Apple Inc (AAPL) is hosting its WWDC 2023 keynote, showcasing new products and technology. The company is known for its consistent and growing dividend payments, currently offering a dividend yield of 0.52%. To generate a monthly dividend income of $500, an investor would need to own approximately $115,384.61 worth of Apple, or 637 shares.

Portfolio Pulse from AJ Fabino

June 05, 2023 | 10:44 pm