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Stock Prices

BMY

EDU

LKQ

LUV

MANH

META

MSCI

NUE

TXT

Last week, ten large-cap stocks including LKQ, MSCI, Textron, New Oriental Education, Bristol-Myers Squibb, Manhattan Associates, Reliance, Meta Platforms, Southwest Airlines, and Nucor reported significant declines due to various factors such as earnings misses, reduced outlooks, and analyst downgrades.

Portfolio Pulse from Lekha Gupta

April 28, 2024 | 10:27 pm

BGNE

TER

TSLA

VRT

Last week's top-performing large-cap stocks included Vertiv Holdings Co, Tesla, Inc., Teradyne, Inc., BeiGene, Ltd., Tyler Technologies, Inc., Westinghouse Air Brake Technologies Corporation, Newmont Corporation, Carrier Global Corporation, First Citizens BancShares, Inc., Lattice Semiconductor Corporation, Microchip Technology Incorporated, Deutsche Bank AG, Grupo Aeroportuario Del Sureste, S.A. De C.V., Antero Resources Corporation, and Monolithic Power Systems, Inc. These companies reported significant gains due to various factors such as better-than-expected earnings, guidance raises, regulatory approvals, and strategic workforce reductions.

Portfolio Pulse from Lekha Gupta

April 28, 2024 | 10:18 pm

APE

BTC

DOGE

SHIB

SOL

The article discusses the current state and future prospects of meme coins in the cryptocurrency market, highlighting the skepticism from venture capitalists (VCs) and the impact of meme coins on the crypto industry's legitimacy. It mentions specific cryptocurrencies like Bitcoin (BTC), Apecoin (APE), Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), Dogwifhat (WIF), Bonk (BONK), and Solana (SOL), providing insights into their performance and the broader implications for the crypto market.

Portfolio Pulse from Ivan Crnogatić

April 28, 2024 | 9:10 pm

VIK

Viking Holdings Ltd (NYSE:VIK) is set to go public on May 1, 2024, with an IPO price range of $21.00 to $25.00 per share, offering 44,000,000 shares at $23.00 each. The company will have a 180-day insider lock-up period post-IPO. IPOs allow companies to raise capital by offering shares on exchanges, requiring adherence to SEC regulations and coordination with investment banks to set pricing and offering details.

Portfolio Pulse from Benzinga Insights

April 28, 2024 | 6:22 pm

TSLA

Tesla CEO Elon Musk's surprise visit to China is seen as a pivotal moment for the company's future in the country, focusing on discussions about the rollout of its Full Self-Driving (FSD) software and the potential to transfer data collected in China overseas. Musk met with China's premier and other high-ranking officials, signaling strong Sino-U.S. trade cooperation and Tesla's commitment to deepen its ties with China. This visit is crucial as Tesla aims to gain an edge over local EV competitors with its FSD technology amid slowing electric vehicle adoption due to economic uncertainties. Analyst Daniel Ives highlighted the significance of this visit for Tesla's long-term valuation, especially if Musk secures approval for data transfer, which could be a 'game changer' for Tesla's autonomous technology globally.

Portfolio Pulse from Shanthi Rexaline

April 28, 2024 | 6:09 pm

CMG

NVDA

Nvidia Corp. (NVDA) has benefited from its AI technology sector exposure, but Chipotle Mexican Grill, Inc. (CMG) is considered more expensive based on forward P/E ratios, according to investment advisor Ram Ahluwalia. Despite Chipotle's strong Q1 results and raised sales guidance, Ahluwalia suggests it may be a good time to take profits, citing the stock's high valuation. Chipotle's board has approved a 50-for-1 stock split, pending shareholder approval.

Portfolio Pulse from Shanthi Rexaline

April 28, 2024 | 3:47 pm

TSLA

During a meeting with Tesla's CEO Elon Musk, China's Premier Li Qiang highlighted Tesla's development in China as a prime example of successful Sino-U.S. economic and trade cooperation. Musk praised the Shanghai factory as Tesla's best performing facility, according to Reuters citing China state media.

Portfolio Pulse from Charles Gross

April 28, 2024 | 3:39 pm

PARA

Paramount Global (NASDAQ:PARA) is considering the dismissal of CEO Bob Bakish amid merger talks with Skydance Media. The board has formed a special committee for the merger, which could see Skydance and its partners owning nearly 50% of the merged entity. The merger, valuing Skydance at about $5 billion, could lead to Skydance CEO David Ellison taking over. Bakish, opposing the merger for potentially diluting shareholder value, may be replaced following his resistance and the loss of confidence from controlling shareholder Shari Redstone.

Portfolio Pulse from Bibhu Pattnaik

April 28, 2024 | 12:42 pm

ETHUSD

PEPEUSD

SHIBUSD

The cryptocurrency market experienced significant events this week, including a 2,211.9% increase in Shiba Inu's burn rate, concerns about market overvaluation, Pepe's potential to outperform Shiba Inu and Dogecoin, the role of memecoins in the adoption of Base's L2 network, and Cathie Wood's prediction that Ethereum could reach a $20 trillion market cap by 2032.

Portfolio Pulse from Benzinga Neuro

April 28, 2024 | 11:04 am

AAPL