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Stock Prices

EWU

Australia's building approvals for June fell by 6.5% month-over-month, significantly worse than the estimated decline of 2.3% and a sharp drop from the revised 5.7% increase in the prior month.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 4:33 am

NVDA

TCEHY

Liang Chen, general manager of Tencent Cloud’s internet industry department, expressed skepticism about the widespread use of AI in gaming, citing high costs and early-stage development. Despite challenges, Tencent is using AI for 3D rendering and has developed the GiiNEX Game AI Engine. Chen declined to comment on NVIDIA due to U.S. export restrictions.

Portfolio Pulse from Benzinga Neuro

July 30, 2024 | 4:17 am

BTCUSD

Economist Justin Wolfers ridiculed Senator Cynthia Lummis' proposal to add Bitcoin as a strategic reserve to combat inflation and national debt. Wolfers criticized the lack of logical connection in Lummis' statements, calling it 'one of the most amazing word salads.' The debate over cryptocurrency's role in national policy continues, with mixed reactions to similar proposals from figures like former President Donald Trump.

Portfolio Pulse from Aniket Verma

July 30, 2024 | 3:58 am

AAPL

GOOGL

NVDA

Apple's AI models are trained on Google's custom chips, not Nvidia's. This move indicates a shift in the AI chip market, as major tech companies explore alternatives to Nvidia's GPUs. Apple delayed the launch of its AI features to ensure stability and performance. Bank of America maintains a Buy rating for Apple ahead of its Q3 earnings report.

Portfolio Pulse from Benzinga Neuro

July 30, 2024 | 3:27 am

CRWD

MSFT

NVDA

SOFI

TSLA

U.S. stock indices closed mixed on Monday. Nvidia, Microsoft, CrowdStrike, SoFi, and Tesla were notable stocks on investors' radars. Nvidia fell by 1.30% amid news of a new AI chip for China. Microsoft rose by 0.34% ahead of its earnings report. CrowdStrike increased by 1.03% with positive sentiment from Jim Cramer. SoFi declined by 1.08% before its earnings report. Tesla surged by 5.60% despite concerns over autonomous driving.

Portfolio Pulse from Benzinga Neuro

July 30, 2024 | 3:22 am

AAPL

META

NVDA

TSLA

At SIGGRAPH 2024, Meta CEO Mark Zuckerberg and Nvidia CEO Jensen Huang discussed the future of AI, with Zuckerberg expressing frustration over closed AI models. The event, broadcast live, saw Zuckerberg drop an f-bomb while discussing the topic. The discussion highlighted Meta's commitment to open-source AI, following the announcement of Llama 3.1, Meta's largest AI model to date.

Portfolio Pulse from Ananya Gairola

July 30, 2024 | 3:01 am

GME

Andrew Left, a well-known short-seller of GameStop Corp (NYSE:GME), has pleaded not guilty to fraud charges in a Los Angeles federal court. The charges include market manipulation and providing false information to investigators. Left's trial is scheduled for Sept. 24, and he is currently restricted from making financial transactions exceeding $100,000 without special permission.

Portfolio Pulse from Benzinga Neuro

July 30, 2024 | 2:49 am

SHIBUSD

Shiba Inu's Layer-2 chain, Shibarium, has reached a milestone of six million blocks ahead of its first anniversary, leading to a 4527% increase in burn rates. The community is celebrating this achievement.

Portfolio Pulse from Aniket Verma

July 30, 2024 | 2:42 am

AAPL

BTCUSD

DOGEUSD

ETHUSD

MSFT

Bitcoin and Dogecoin experienced declines while Ethereum saw gains as the U.S. government moved $2 billion worth of Bitcoin, causing market panic. The S&P 500 and Nasdaq Composite saw slight increases, while the Dow Jones Industrial Average fell. Investors are looking forward to earnings reports from Microsoft and Apple. Economist Alex Krüger linked Bitcoin's correction to Vice President Kamala Harris's positive polling results.

Portfolio Pulse from Aniket Verma

July 30, 2024 | 2:22 am

SPGC

Trading for SPGC was halted at 7:50:00 p.m. ET due to pending news.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 11:50 pm