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Japan's Gross Domestic Product (GDP) for Q2 grew by 3.1% year-over-year, surpassing the estimated 2.1% and significantly improving from the revised prior figure of -2.3%.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 4:49 am

BBJP

DXJ

EWJ

Japan's industrial production for June decreased by 4.2% month-over-month, which is worse than the estimated decline of 3.6% and a significant drop from the previous month's increase of 3.6%.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 4:48 am

BTC-USD

ETH-USD

Ethereum co-founder Vitalik Buterin moved 200 ETH to Kraken, sparking speculation about his intentions. This is his first deposit to a centralized exchange this year. Additionally, he transferred 3,200 ETH to multisignature wallets, likely for donations. The market is jittery, but there's no indication of an imminent sell-off.

Portfolio Pulse from Aniket Verma

August 15, 2024 | 4:22 am

AAPL

BAC

COF

CVX

FND

HEI

LPX

OXY

TMUS

ULTA

Warren Buffett's Berkshire Hathaway has sold over 389 million Apple shares but still holds 400 million. The company also reduced stakes in Bank of America, Chevron, Capital One, Floor & Decor, T-Mobile, and Louisiana-Pacific, while increasing holdings in Chubb and Occidental Petroleum. New investments were made in Heico and Ulta Beauty. Elon Musk commented on Berkshire's $277 billion cash reserves, predicting changes as T-bill returns decline.

Portfolio Pulse from Benzinga Neuro

August 15, 2024 | 3:36 am

BABA

NKE

TSLA

ULTA

WMT

On Wednesday, major U.S. indices closed positively. Key stocks on investors' radars included Nike, Ulta Beauty, Alibaba, Walmart, and Tesla. Nike saw a slight increase after Pershing Square's new stake, Ulta Beauty dipped despite Berkshire Hathaway's new stake, Alibaba fell but rose in after-hours trading due to Lazada's profitability, Walmart rose ahead of earnings, and Tesla dropped due to new competition in Robotaxi plans.

Portfolio Pulse from Benzinga Neuro

August 15, 2024 | 3:25 am

AAPL

Apple Inc. (NASDAQ:AAPL) is developing a tabletop home device with a robotic arm, expected to debut by 2026 or 2027. The device will serve as a smart home hub, videoconferencing platform, and home security tool, priced around $1000. Analysts have mixed views on Apple's move into robotics.

Portfolio Pulse from Ananya Gairola

August 15, 2024 | 2:28 am

BTCUSD

DOGEUSD

ETHUSD

Leading cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced a dip as the U.S. government transferred $593 million worth of seized Bitcoin. Despite positive CPI data, Bitcoin's price fell after initially rallying. The global cryptocurrency market shrank by 1.90% in the last 24 hours. Analysts see potential for Bitcoin to move higher due to the likelihood of a Fed rate cut.

Portfolio Pulse from Aniket Verma

August 15, 2024 | 2:07 am

Peter Schiff criticized the July CPI figure as misleading, attributing the modest 2.9% increase to a significant drop in used car prices. He warned that the market, which expects a September rate cut, will crash if the Fed does not deliver. The Core CPI rose by 3.2%, consistent with expectations but still above the Fed's 2.0% target. Mohamed El-Erian also criticized the Fed for not reducing rates in July, while Home Depot's CEO noted that inflation is affecting consumer spending on home renovations.

Portfolio Pulse from Benzinga Neuro

August 15, 2024 | 2:03 am

ASTI

Trading has been halted for a company at 7:50:00 p.m. ET due to pending news. The halt is likely related to ASTI.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 11:50 pm

PRTG

Trading for PRTG was halted at 7:50:00 p.m. ET due to pending news. Investors should stay tuned for further updates.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 11:50 pm