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The cryptocurrency market saw mixed movements with Bitcoin retracing and Ethereum and Dogecoin inching higher. Ethereum's positive momentum is driven by rumors of an upcoming spot ETF approval. Bitcoin experienced a dip due to profit-taking. The stock market also edged higher, with notable gains for the Nasdaq Composite and S&P 500, driven by bullish prospects for NVIDIA's upcoming earnings report.

Portfolio Pulse from Aniket Verma

May 22, 2024 | 1:56 am

MGOL

NVDA

TGT

TOL

TSLA

On Tuesday, major U.S. indices closed higher, with the Dow Jones, S&P 500, and Nasdaq all posting gains. Key stocks that caught investors' attention included NVIDIA, MGO Global, Toll Brothers, Target, and Tesla. NVIDIA saw a modest increase, MGO Global soared significantly, Toll Brothers and Target experienced slight declines, and Tesla had a notable rise.

Portfolio Pulse from Benzinga Neuro

May 22, 2024 | 1:48 am

NVDA

Nvidia Corporation (NASDAQ: NVDA) is set to release its first-quarter earnings, with analysts expecting significant revenue and earnings per share growth. While Ross Gerber of Gerber Kawasaki Wealth and Investment Management believes Nvidia's stock is fully valued, Wedbush analyst Dan Ives strongly disagrees, citing the beginning of the AI revolution. Options markets predict an 8.7% swing in Nvidia's stock price post-earnings.

Portfolio Pulse from Ananya Gairola

May 22, 2024 | 1:18 am

TSLA

Elon Musk expressed his sorrow over Red Lobster's Chapter 11 bankruptcy filing. The seafood chain plans to close over 50 branches and restructure under new CEO Jonathan Tibus. Red Lobster has been struggling financially due to operational losses from its 'Ultimate Endless Shrimp' promotion.

Portfolio Pulse from Benzinga Neuro

May 22, 2024 | 12:50 am

SLSR

Solaris Resources has announced a C$35 million common share bought deal offering. The underwriters have agreed to purchase 7.15 million common shares at a price of C$4.90 per share.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 9:38 pm

MARA

Marathon Digital Holdings (NASDAQ:MARA) has significantly outperformed the market over the past 5 years, with an annualized return of 48.46%. A $1000 investment in MARA 5 years ago would be worth $7,164.43 today. The company's current market capitalization is $5.87 billion.

Portfolio Pulse from Benzinga Insights

May 21, 2024 | 9:30 pm

GILD

Gilead Sciences (NASDAQ:GILD) has outperformed the market over the past 20 years with an average annual return of 11.12%, resulting in a significant growth of an initial $100 investment to $819.24 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 21, 2024 | 9:30 pm

ALVO

Alvotech reported Q1 2024 sales of $36.894 million, missing the estimated $45 million.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 9:22 pm

ALVO

Alvotech (NASDAQ:ALVO) reported a Q1 2024 GAAP EPS of $(0.89), an improvement from $(1.24) per share in the same period last year, representing a 28.23% reduction in losses.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 9:20 pm

MSFT

Microsoft shared updates on its AI strategy and cloud initiatives at JPMorgan’s TMC conference, emphasizing end-to-end AI integration across its cloud stack and the growth of Azure. Analyst Mark R. Murphy maintains an Overweight rating on Microsoft.

Portfolio Pulse from Surbhi Jain

May 21, 2024 | 9:12 pm