Streetbeat News

Stock Prices

AAPL

MSFT

TSLA

TSM

TXN

The New York State Common Retirement Fund reduced its holdings in mega-cap technology stocks, including Apple, Tesla, and Microsoft, in Q1 2023. The fund shifted its focus towards chip-based stocks, buying shares of Taiwan Semiconductor and Texas Instruments.

Portfolio Pulse from Bhavik Nair

May 19, 2023 | 7:31 am

TSLA

Shark Tank investor Kevin O'Leary expressed interest in Tesla's Cybertruck, praising its unique design and potential high margins due to manufacturing efficiency. He also mentioned his investments in suppliers providing technology for the truck.

Portfolio Pulse from Shanthi Rexaline

May 19, 2023 | 7:20 am

CTLT

WMT

Investor sentiment in the US improved as the Nasdaq Composite surged to its highest closing level since August 2022. Walmart reported better-than-expected Q1 results and raised its full-year forecast. Investors await earnings results from Deere & Company, Foot Locker, and Catalent.

Portfolio Pulse from Lisa Levin

May 19, 2023 | 6:34 am

QQQ

SHY

SPY

VGSH

President Joe Biden has urged negotiators to continue pursuing a debt-limit deal, expressing confidence that Congress will act in time. U.S. markets ended in the green for the second straight day, with SPY and QQQ gaining. However, bond sales by the Treasury Department may drain liquidity from the banking system and push up short-term borrowing rates, affecting SHY and VGSH.

Portfolio Pulse from Bhavik Nair

May 19, 2023 | 5:48 am

BTCUSD

MARA

Marathon Digital Holdings CEO Fred Thiel warns that Biden's proposed tax on Bitcoin miners may drive the industry out of the US. Thiel argues that the tax won't increase renewable power and that Bitcoin mining in Texas is negatively impacting other industries. Marathon Digital is considering expanding its operations outside the US.

Portfolio Pulse from Mehab Qureshi

May 19, 2023 | 4:38 am

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced a setback on Thursday due to regulatory uncertainty and ongoing debt ceiling talks in Washington D.C. Analyst Benjamin Cowen predicts a 50% drop in Bitcoin's value this year, but expects it to recover and reach $35,000.

Portfolio Pulse from Mehab Qureshi

May 19, 2023 | 2:52 am

BTCUSD

GLD

IAU

Robert Kiyosaki, author of 'Rich Dad, Poor Dad', has reiterated his bullish stance on gold, silver, and Bitcoin as hedges against corruption and incompetence. He did not provide specifics but hinted at a potential 'crash landing' for the economy.

Portfolio Pulse from Bhavik Nair

May 19, 2023 | 2:38 am

BABA

FTCH

NFLX

NVDA

TSLA

US markets ended in the green for the second straight day, with Tesla, NVIDIA, Netflix, Alibaba, and Farfetch drawing investor attention. Tesla held discussions with Indian officials about incentives for car and battery manufacturing, while NVIDIA received an increased price target from Oppenheimer. Netflix's ad-supported subscription tier has nearly 5 million global monthly active users, Alibaba reported better-than-expected revenue, and Farfetch's Q1 revenue beat consensus estimates.

Portfolio Pulse from Bhavik Nair

May 19, 2023 | 1:34 am

DIS

Miami Mayor Francis Suarez criticized Florida Governor Ron DeSantis for his 'personal vendetta' against Disney, resulting in the loss of 2,000 jobs and a $1 billion fallout. Disney withdrew its decision to invest $864 million in a new Florida corporate campus after disagreements over the state's 'Don't Say Gay Law'.

Portfolio Pulse from Shivdeep Dhaliwal

May 19, 2023 | 1:18 am

TALK

Talkspace has received notice from Nasdaq that it has until November 13, 2023, to regain compliance with Nasdaq's minimum bid price requirement.

Portfolio Pulse from Charles Gross

May 18, 2023 | 9:44 pm