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AAPL

BRK

Renowned investors Bill Gross and Warren Buffett have hinted at a bearish outlook for the stock market. Gross advised selling recoveries, while Buffett's Berkshire Hathaway sold a net $75.5 billion worth of stock, including a significant reduction in Apple Inc. shares. This has caused a stir among investors and analysts.

Portfolio Pulse from Bibhu Pattnaik

August 04, 2024 | 6:56 pm

BRK

TSLA

Berkshire Hathaway's cash position has increased to $277 million, sparking speculation about potential investments, including Tesla. However, fund manager Gary Black notes that Warren Buffett's value investing strategy is unlikely to align with Tesla's high valuation. Despite social media buzz, Buffett has historically preferred stocks with lower price-earnings multiples.

Portfolio Pulse from Shanthi Rexaline

August 04, 2024 | 5:12 pm

AAPL

AMZN

INTC

META

MSFT

NVDA

The Biden administration announced a new rule on foreign chip equipment exports to China, with exemptions for key allies. Microsoft, Meta, and Apple reported strong earnings, beating analyst estimates. Amazon faces a shift in consumer preferences and product recalls. Nvidia is launching a new chip in China, and Intel offers extended warranties for its CPUs.

Portfolio Pulse from Lekha Gupta

August 04, 2024 | 4:30 pm

ARM

EDU

ENTG

INTC

MBLY

MRNA

MSTR

PINS

SNAP

SYM

TEAM

WDC

The article highlights the top 12 large-cap stock losers from July 28 to August 3, including Symbotic, Intel, Snap, Moderna, Mobileye, Pinterest, Arm Holdings, Entegris, Atlassian, MicroStrategy, New Oriental Education, and Western Digital. These stocks experienced significant declines due to various factors such as worse-than-expected earnings, weak guidance, and analyst downgrades.

Portfolio Pulse from Lekha Gupta

August 04, 2024 | 3:20 pm

JPM

Economic concerns are driving debt investors to seek insurance against corporate bond defaults, with significant increases in the cost of insuring high-grade credits. The credit default swap index saw its highest trading volumes in months, reflecting fears of a market downturn due to weak labor market data and disappointing tech earnings. JPMorgan Chase & Co. and BNP Paribas SA recommend hedging against potential risks.

Portfolio Pulse from Bibhu Pattnaik

August 04, 2024 | 2:58 pm

ALNY

CHRW

COKE

DASH

DXCM

EXAS

LH

RMD

SFM

ULS

Top 10 large-cap gainers last week include Exact Sciences, Alnylam Pharmaceuticals, Resmed, Coca-Cola Consolidated, DexCom, Sprouts Farmers Market, UL Solutions, Labcorp Holdings, C.H. Robinson Worldwide, and DoorDash. These stocks saw significant price increases due to better-than-expected financial results and positive analyst actions.

Portfolio Pulse from Lekha Gupta

August 04, 2024 | 2:33 pm

GBTC

MSTR

This week in cryptocurrency saw significant developments including Mike Novogratz predicting Kamala Harris may embrace crypto, Peter Schiff criticizing Trump and Saylor's Bitcoin strategy, and the FBI warning of crypto exchange impersonation scams. Notably, Grayscale Bitcoin Trust (GBTC) experienced an 11% drop following the announcement of a spinoff into a new ETF.

Portfolio Pulse from Benzinga Neuro

August 04, 2024 | 1:26 pm

AAPL

Apple Inc. (NASDAQ:AAPL) had a dynamic week with Q3 earnings surpassing expectations, excitement over AI capabilities, a crackdown on App Store fees, a new vehicle camera system patent, and news about the iPhone 16 models missing initial AI features.

Portfolio Pulse from Benzinga Neuro

August 04, 2024 | 1:26 pm

MSFT

A new book by journalist Anupreeta Das claims that Bill Gates was banned from being alone with interns at Microsoft due to his alleged flirtatious behavior. The book also discusses Gates' infidelity, his controversial association with Jeffrey Epstein, and the impact on his marriage with Melinda French Gates. Gates' representative has denied the allegations.

Portfolio Pulse from Bibhu Pattnaik

August 03, 2024 | 7:45 pm

UMGNF

Bill Ackman's Pershing Square Holdings experienced a significant decline in July, erasing most of its 2024 gains. The fund's performance was impacted by a 24% drop in Universal Music Group's shares following disappointing earnings. Additionally, Ackman withdrew his IPO for a US-traded closed-end fund due to weak demand.

Portfolio Pulse from Nabaparna Bhattacharya

August 03, 2024 | 6:15 pm