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EADSF

EADSY

Boeing is working to secure another deal with Saudi startup Riyadh Air for its 737 Max aircraft, following a previous win in March. Airbus faces limitations due to a lack of available slots for its A321 jets.

Portfolio Pulse from Happy Mohamed

May 28, 2023 | 8:06 pm

AAPL

GOOG

GOOGL

META

QCOM

Apple is expected to launch its mixed-reality headset at the Worldwide Developers Conference on June 5, setting up a clash with Meta Platforms, the current leader in XR. Bloomberg's Mark Gurman predicts Apple will dominate the upscale market, while Meta will dominate the low-end market. Meta's Quest 3 headset is set to launch in October, featuring a lighter and thinner design and improved performance.

Portfolio Pulse from Shanthi Rexaline

May 28, 2023 | 7:48 pm

BTCUSD

Crypto trader CrediBULL Crypto predicts that Bitcoin (BTC) could hit a new all-time high this year based on historical precedence. BitMEX founder Arthur Hayes believes the macro environment is starting to look favorable for Bitcoin, with potential financial disruptions providing a catalyst for an upside burst.

Portfolio Pulse from Bibhu Pattnaik

May 28, 2023 | 6:41 pm

MBGAF

TSLA

Tech YouTuber Austin Evans sold his Tesla Model Y Performance due to multiple quality issues and bought a Mercedes-Benz EQS SUV. He criticized Tesla for not spending enough on research and development compared to other automakers.

Portfolio Pulse from Shanthi Rexaline

May 28, 2023 | 4:37 pm

NVDA

Jennison Associates, a lesser-known US hedge fund, has gained over $5 billion from Nvidia's 166.5% year-to-date rally. The fund held 23.3 million shares of Nvidia at the end of Q4 2022, valued at $3.4 billion. Since then, the value of their position has increased by 159% to $8.82 billion.

Portfolio Pulse from Shanthi Rexaline

May 28, 2023 | 2:53 pm

EGHT

FRPT

PARA

RING

SNOW

Barron's weekend stock picks include Freshpet facing a proxy battle with Jana Partners, GM's CFO buying shares despite a failed rally, and Snowflake facing growth concerns and competition. RingCentral and 8x8 stocks soar as activist Sylebra Capital discloses large stakes, and Paramount's controlling shareholder receives a $125 million investment.

Portfolio Pulse from Justin Chan

May 27, 2023 | 11:23 pm

PENN

Dave Portnoy, founder of Barstool Sports, has expressed uncertainty about his future with the company after his contract with Penn Entertainment (NASDAQ:PENN) ends in 20 months. The acquisition of Barstool Sports by Penn Entertainment has diversified the company with online sports betting and sports media.

Portfolio Pulse from Chris Katje

May 27, 2023 | 9:04 pm

NVDA

Nvidia Corp. (NASDAQ:NVDA) reported strong quarterly results, with CNBC's Jim Cramer praising CEO Jensen Huang's visionary leadership and track record. Cramer highlighted Huang's early recognition of the value of generative artificial intelligence and the launch of the H100 processor.

Portfolio Pulse from Shanthi Rexaline

May 27, 2023 | 7:57 pm

TSLA

Tesla's Model Y has become the world's bestselling car, surpassing Toyota's RAV4 and Corolla models in global sales rankings for Q1 2023. The Model Y sold 267,200 units globally, compared to 256,400 Corolla and 214,700 RAV4 units. Tesla has also started delivering Model Y vehicles equipped with the upgraded Hardware 4 self-driving setup.

Portfolio Pulse from Bibhu Pattnaik

May 27, 2023 | 7:20 pm

AGFY

FFNTF

INLB

TLLTF

Several executive changes have been announced in the cannabis industry, including Jennifer Seale being named the medical cannabis program administrator for the South Dakota Department of Health, leadership changes at Agrify Corporation (NASDAQ:AGFY), Item 9 Labs Corp. (OTCQX:INLB), TILT Holdings Inc. (OTCQX:TLLTF), and 4Front Ventures Corp. (OTCQX:FFNTF).

Portfolio Pulse from Jelena Martinovic

May 27, 2023 | 6:55 pm