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CMA

CRWD

DELL

GDDY

ILMN

KKR

PLTR

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S&P Dow Jones Indices announced changes to the S&P 500 Index, adding CrowdStrike, KKR & Co, and GoDaddy, while removing Robert Half, Comerica, and Illumina. Illumina will move to the S&P MidCap 400, and Robert Half and Comerica will join the S&P SmallCap 600. Palantir and Dell were not included in the S&P 500.

Portfolio Pulse from Shanthi Rexaline

June 08, 2024 | 5:42 pm

AMC

DOGEUSD

GME

SHIBUSD

A pseudonymous cryptocurrency trader shared a cautionary tale about a girl who made $250,000 from Dogecoin and other meme coins but squandered it within six months. Her reckless spending led to hospitalization, job loss, and financial ruin. The story highlights the dangers of sudden wealth from speculative investments like Dogecoin.

Portfolio Pulse from Khyathi Dalal

June 08, 2024 | 4:46 pm

FSRN

KARS

NKLA

RIVN

TSLA

The article discusses key events in the electric vehicle (EV) sector for the week ending June 7. Tesla is pushing for shareholder approval of Elon Musk's 2018 pay package, Rivian launched revamped R1 vehicles, Nikola received shareholder approval for a reverse stock split, and Fisker defaulted on a loan payment. Ford's CEO emphasized the importance of affordable EVs, and the KraneShares Electric Vehicles and Future Mobility Index ETF saw a decline.

Portfolio Pulse from Shanthi Rexaline

June 08, 2024 | 1:36 pm

RIVN

TSLA

The Biden administration has tightened vehicle fuel mile standards to promote electric vehicles (EVs). This move is expected to impact shares of US carmakers like General Motors (GM), Ford (F), Tesla (TSLA), and Rivian (RIVN), which are all developing EVs. The new regulations aim to ensure that most new passenger cars and light trucks sold in the US are all-electric or hybrids by 2032.

Portfolio Pulse from Michael Juliano

June 08, 2024 | 1:26 pm

AAPL

AMC

AMZN

ETHUSD

GME

NVDA

TSLA

Benzinga reviewed the prospects of popular stocks, highlighting Nvidia surpassing Apple in market cap, Amazon's NBA streaming deal, and significant Dogecoin whale activity. Jim Cramer advised taking profits on GameStop and AMC, while early Tesla supporters are losing faith. The SEC may delay spot Ethereum ETF approvals.

Portfolio Pulse from Michael Cohen

June 08, 2024 | 1:13 pm

BRK

OXY

Warren Buffett's Berkshire Hathaway has purchased an additional 2.57 million shares of Occidental Petroleum, increasing its stake to about 250.6 million shares. This investment, worth over $150 million, follows a joint venture between Occidental's subsidiary TerraLithium and Berkshire's BHE Renewables to extract lithium from geothermal brine.

Portfolio Pulse from Rounak Jain

June 08, 2024 | 7:45 am

AAPL

NVDA

Gene Munster from Deepwater Asset Management suggests that Apple's AI strategy could lead to a three-year iPhone upgrade cycle, boosting sales. AI features will be available on iPhone 15 Pro models or newer, potentially increasing device sales. Munster estimates 40% of iPhone users are ready for an upgrade, which could drive 5% growth in iPhone sales over the next three years.

Portfolio Pulse from Ananya Gairola

June 08, 2024 | 3:57 am

TSLA

Tesla CEO Elon Musk criticized lawyers demanding $5.2 billion in company stock for contesting his 2018 pay package, which was rescinded by the court. Tesla's court filing argued the fees were exorbitant and unjustified. Proxy advisory firms have advised shareholders to vote against reinstating Musk's pay package.

Portfolio Pulse from Anan Ashraf

June 08, 2024 | 2:40 am

TNXP

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

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 11:50 pm

RTC

Trading has been halted at 7:50:00 p.m. ET due to pending news. This halt affects RTC, a US-listed company.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 11:50 pm