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BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, traded flat on Sunday evening amid inflation fears and political turmoil over the US debt ceiling. Analysts predict a potential drop in the altcoin markets, while on-chain analytics firm Santiment suggests Ethereum could be on its way to $2,000 if the profit-taking transactions ratio decreases.

Portfolio Pulse from Mehab Qureshi

June 05, 2023 | 2:35 am

BNO

VDE

Saudi Arabia announced a massive oil production cut of an extra one million barrels per day in July, causing oil prices to rise over $2 per barrel. The United States Brent Oil Fund (BNO) and the Vanguard Energy Index Fund ETF (VDE) gained 2.88% and 3.12% respectively.

Portfolio Pulse from Bhavik Nair

June 05, 2023 | 1:30 am

SQ

Twitter co-founder Jack Dorsey has endorsed Robert F. Kennedy Jr. for the 2024 US presidential election, stating that he can and will beat Trump and DeSantis. Dorsey, who is also the head of Block Inc (NYSE:SQ), dismissed concerns about the Democratic National Committee's influence on the nomination.

Portfolio Pulse from Shivdeep Dhaliwal

June 05, 2023 | 12:56 am

SXTP

60 Degrees Pharmaceuticals, Inc (NASDAQ:SXTP) is set to go public on June 9, 2023, with a price band between $4.30 and $6.30. The company will offer 1,415,000 shares at a per-share value of $5.30, and an insider lock-up period of 180 days.

Portfolio Pulse from Benzinga Insights

June 04, 2023 | 6:10 pm

AAPL

Apple is expected to unveil its mixed-reality (MR) headset at the Worldwide Developers Conference (WWDC) on Monday. The MR headset could potentially revolutionize how people work, play games, and entertain themselves, but also faces risks such as consumer hesitancy and a high price tag. Apple's stock closed up 0.48% at $180.95 on Friday.

Portfolio Pulse from Shanthi Rexaline

June 04, 2023 | 5:47 pm

BAC

Bank of America reports that money market funds have attracted $756 billion in investments this year due to the US banking crisis and the Federal Reserve's rate hikes. Tech stocks continue to see inflows, with $500 million invested in tech stock funds for the sixth consecutive week.

Portfolio Pulse from Bibhu Pattnaik

June 04, 2023 | 3:07 pm

TSLA

VWAGY

Tesla's Model S Plaid with track pack set a new lap record for a production electric vehicle at Nürburgring, beating the previous record by over 8 seconds. The Model S Plaid's lap time was also faster than Porsche's Taycan Turbo S with Performance Kit.

Portfolio Pulse from Shanthi Rexaline

June 04, 2023 | 1:25 pm

CHPT

ETN

EVGO

IBM

TWLO

Barron's weekend stock picks include IBM, Twilio, and companies in the electrification sector. EVgo's largest holder bought $25 million of stock, IBM is poised to be a major player in AI, and Twilio's stock surged after activist hedge fund Legion Partners pushed for board changes. ChargePoint's sales outlook falls short, while Eaton Corporation remains a strong growth stock.

Portfolio Pulse from Justin Chan

June 03, 2023 | 10:18 pm

LVMHF

LVMUY

LYV

Taylor Swift's successful 2023 Eras Tour has led to a surge in demand for tickets, causing Ticketmaster's website to crash and parent company Live Nation Entertainment (NYSE:LYV) to face backlash. Swift's wealth has increased to $740 million, ranking her 34th on Forbes' Richest Self-Made Women list, surpassing Madonna. Rihanna remains the wealthiest female musician with $1.4 billion, partly due to her 50% ownership in Fenty Beauty, co-owned by LVMH (OTC:LVMUY)(OTC:LVMHF).

Portfolio Pulse from Chris Katje

June 03, 2023 | 9:36 pm

BRK-B

META

NVDA

TSLA

TSM

Nvidia recently joined the $1 trillion market cap club, but its membership was short-lived. Benzinga polled its users to see which company could be next to reach the milestone. The results overwhelmingly favored Tesla, followed by Taiwan Semiconductor, Meta Platforms, and Berkshire Hathaway.

Portfolio Pulse from Chris Katje

June 03, 2023 | 7:31 pm