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BBJP

DXJ

EWJ

Japan's trade balance for August was reported at -930.5 billion, significantly worse than the estimated -659.1 billion and the revised prior figure of -66.3 billion.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 4:21 am

BBJP

DXJ

EWJ

Japan's adjusted trade balance came in line with estimates at -0.56T, showing an improvement from the prior figure of -0.60T.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 4:20 am

BTCUSD

A dormant Bitcoin (BTC) cache that had been inactive since 2012 has been activated. The Bitcoin, which appreciated over 240,000%, was moved through a series of transactions. The transactions involved moving 199.99 BTC, 185.12 BTC, 97.41 BTC, 276.22 BTC, and 151.15 BTC, totaling 24.48 million worth of BTC. The identity of the Bitcoin whale remains uncertain.

Portfolio Pulse from Mehab Qureshi

September 20, 2023 | 4:02 am

ARKK

DKNG

DNA

RBLX

TDOC

TSLA

Ark Invest, led by Cathie Wood, continues to sell Tesla shares, with the latest sale amounting to nearly $20.56 million. This comes despite Tesla's recent 9% rally and discussions about its potential in autonomous driving technology. The sale was made through Ark Innovation ETF. Ark Invest also made significant trades in Teladoc, Roblox, DraftKings, and Ginkgo Bioworks.

Portfolio Pulse from Benzinga Neuro

September 20, 2023 | 3:56 am

AVGR

BABA

CART

NIO

TSLA

U.S. stocks experienced a downward trend with the Dow Jones declining by over 100 points. Notable stocks include Maplebear Inc. (Instacart) which debuted above its IPO price, NIO Inc. which declined by 17.07% following its decision to raise $1 billion, Avinger Inc. which increased by 72.16% after announcing the launch of a new device, Alibaba which increased slightly after announcing plans to invest $2 billion in Turkey, and Tesla which also saw a modest increase despite a Sell rating from GLJ Research.

Portfolio Pulse from Benzinga Neuro

September 20, 2023 | 2:37 am

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies Bitcoin, Ethereum, and Dogecoin experienced a surge in anticipation of the Federal Reserve's decision. The global crypto market capitalization stands at $1.09 trillion, a 0.87% increase in the last day. Analysts suggest that Bitcoin holds a crucial level at $26,700-26,800 and rallies further. Bitcoin's surge can be attributed to the launch of an Adoption Fund by Nomura, Japan’s largest investment bank.

Portfolio Pulse from Mehab Qureshi

September 20, 2023 | 2:27 am

FOX

FOXA

RUM

Former President Donald Trump continues to lead in the polls for the 2024 GOP nomination despite facing multiple indictments and federal charges. The latest Morning Consult poll shows Trump's support among GOP voters has increased, with a 46-point lead over his competitors. The second Republican primary debate will be aired on Fox Corporation's Fox Business and livestreamed on Rumble Inc. Trump plans to skip the debate and instead address UAW striking auto workers in Detroit.

Portfolio Pulse from Chris Katje

September 19, 2023 | 11:28 pm

AMD

INTC

NVDA

QCOM

SPY

XLK

Goldman Sachs Research predicts AI investment to peak at $200 billion globally and $100 billion in the U.S. by 2025. The majority of AI investments will come from hardware investment and increased spending on AI-enabled software. The firm also believes the world is in a new technology cycle that will lead to further outperformance in the sector. The Technology Select Sector SPDR Fund (XLK) posted a 37% YTD increase, while the SPDR S&P 500 ETF Trust (SPY) saw a 16% surge. Notable players in the AI chips market include Qualcomm (QCOM), Nvidia (NVDA), Intel (INTC), Advanced Micro Devices (AMD), and C3.ai (AI).

Portfolio Pulse from Khyathi Dalal

September 19, 2023 | 11:07 pm

BRDS

Bird Global, Inc. (NYSE:BRDS) has acquired micromobility operator Skinny Labs for $19 million, making Bird the largest micromobility operator in North America by market share. The acquisition is expected to have an immediate impact in the third quarter and contribute to Bird's long-term sustainable profitability.

Portfolio Pulse from Ryan Gustafson

September 19, 2023 | 9:54 pm

TTOO

T2 Biosystems, Inc. (NASDAQ:TTOO) shares fell by over 26% on Tuesday following a surge on Monday after the FDA cleared the company's biothreat panel for commercial distribution. The company can now start marketing and selling the T2Biothreat Panel, a direct-from-blood molecular diagnostic test, in the U.S. market.

Portfolio Pulse from Ryan Gustafson

September 19, 2023 | 9:52 pm