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QQQ

SPY

Jim Cramer warns that the Federal Reserve's potential rate hikes could tip the economy into a recession. He suggests that the Fed should wait and assess the situation before making any decisions. U.S. markets ended in the red on Wednesday, with SPY and QQQ both closing lower.

Portfolio Pulse from Bhavik Nair

June 01, 2023 | 6:27 am

AVGO

DG

HRL

Investor sentiment declines as the CNN Money Fear and Greed index drops, with the Dow recording a 3.5% loss for May. U.S. stocks closed lower on Wednesday amid debt ceiling talks. Investors await earnings results from Dollar General Corporation, Broadcom Inc., and Hormel Foods Corporation.

Portfolio Pulse from Lisa Levin

June 01, 2023 | 6:11 am

GLD

IAU

PIMCO's Greg Sharenow believes gold is still expensive despite recent declines and may face further losses, but maintains long-term appeal. Gold is over-valued compared to inflation-linked government bonds, which are better valued for multi-asset portfolios. The SPDR Gold Trust (GLD) and the iShares Gold Trust (IAU) have gained over 6% since the beginning of the year.

Portfolio Pulse from Bhavik Nair

June 01, 2023 | 4:53 am

GOOG

GOOGL

META

Meta Platforms Inc. (NASDAQ:META) has threatened to block access to news articles on Facebook and Instagram in California in response to the proposed California Journalism Preservation Act. The act aims to compel tech companies to compensate publishers for their content. Meta has previously made similar threats in Australia and Canada.

Portfolio Pulse from Ananya Gairola

June 01, 2023 | 4:25 am

ETHUSD

A crypto influencer's tweet promising nothing in return for sending Ethereum has resulted in over $1.1 million worth of cryptocurrencies being sent to the address within 24 hours. The address has received over 1000 transfers, with the largest known wallet coming in at around $13,000 worth of ETH.

Portfolio Pulse from Mehab Qureshi

June 01, 2023 | 4:05 am

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced a slight decline amid inflation concerns and the Federal Reserve's continuous rate increases. The global crypto market capitalization decreased by 1.32% to $1.14 trillion. Analysts suggest that the Fed's tightening and hot labor data may keep Bitcoin trapped in the lower boundaries of its trading range.

Portfolio Pulse from Mehab Qureshi

June 01, 2023 | 2:52 am

TSLA

Tesla is offering fresh discounts on select cars, with the Model 3 discount doubling to $3,020. The company is also providing reductions on Model Y, Model X, and Model S cars. These price cuts have enabled better Q1 deliveries and increased pressure on rival EV makers.

Portfolio Pulse from Anan Ashraf

June 01, 2023 | 2:21 am

DEO

DVY

UL

The article discusses the importance of investing in dividend stocks and suggests three dividend stocks to consider: iShares Select Dividend ETF (NYSE:DVY), Diageo (NYSE:DEO), and Unilever (NYSE:UL). It highlights the historical outperformance of dividend stocks and the potential benefits of adding them to a portfolio.

Portfolio Pulse from Benzinga Contributor

June 01, 2023 | 2:16 am

DEO

DVY

UL

The article discusses the importance of investing in dividend stocks and suggests three dividend stocks to consider: iShares Select Dividend ETF (DVY), Diageo (DEO), and Unilever (UL). The author believes that a conservative allocation to dividend stocks can create a nice counterweight in portfolios dominated by growth stocks.

Portfolio Pulse from Benzinga Contributor

June 01, 2023 | 2:13 am

DEO

DVY

UL

The article discusses the importance of investing in dividend stocks and suggests three dividend stocks to consider: iShares Select Dividend ETF (DVY), Diageo (DEO), and Unilever (UL). The author believes that a barbell approach, combining growth stocks with dividend stocks, can create a balanced portfolio.

Portfolio Pulse from Benzinga Contributor

June 01, 2023 | 2:11 am