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The article discusses the significant drop in 20+ year Treasury bond ETF (TLT) despite geopolitical tensions, which typically drive up U.S. Treasuries. It highlights the unusual market behavior where Treasuries fall, indicating lower stock valuations, contrary to expectations during the Iran-Israel conflict. The IMF warns the U.S. about excessive spending, while global growth forecasts increase slightly. U.S. housing starts and building permits have slowed, and China's GDP growth shows underlying weakness. Money flows are positive for NVIDIA and Microsoft, neutral for Amazon, Apple, Alphabet, and Meta, negative for Tesla, and mixed for SPDR S&P 500 ETF Trust and Invesco QQQ Trust. The article also notes the selling of gold and oil by the momo crowd, with smart money inactive, and mentions Bitcoin's trading activity around a halving event.

Portfolio Pulse from The Arora Report

April 16, 2024 | 3:30 pm

RIVN

Rivian's stock price has increased following an upgrade by UBS from Sell to Neutral.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 3:29 pm

SHIBUSD

Shiba Inu (CRYPTO: SHIB) has seen a 20% decrease over the week, yet analysts, including Yomi, predict a bullish future due to significant technical indicators and a surge in daily transactions and burn rate. Key indicators include a bullish monthly cross on the AZO momentum indicator and a potential cross of the Monthly MACD zero line. Additionally, a 489.9% increase in the burn rate and a doubling of daily transactions signal strong community engagement and potential for growth.

Portfolio Pulse from Khyathi Dalal

April 16, 2024 | 3:26 pm

HIMS

Hims & Hers Health shares are trading lower following a downgrade by Jefferies from Buy to Hold.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 3:24 pm

CAMT

Camtek shares surged following an Outperform rating and a $100 price target initiation by Evercore ISI Group.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 3:21 pm

IBP

Installed Building Products (IBP) shares are trading lower due to a weekly increase in mortgage rates, which could potentially reduce new home construction demand, affecting IBP's business.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 3:20 pm

ADI

AVGO

KLAC

MCHP

MRVL

SNPS

SOXX

JPMorgan analyst Harlan Sur is optimistic about the semiconductor industry, forecasting 6%-8% revenue growth in 2024 after a decline in 2023. The iShares Semiconductor ETF (SOXX) has outperformed the S&P 500 YTD. Key growth drivers include accelerated compute and AI demand, recovery in auto and industrial segments, and an upswing in the memory industry. Sur's top picks include Broadcom (AVGO), Marvell (MRVL), Micron (MU), Analog Devices (ADI), Microchip Technology (MCHP), KLA Corp (KLAC), and Synopsys (SNPS).

Portfolio Pulse from Surbhi Jain

April 16, 2024 | 3:17 pm

COIN

Coinbase Inc. (NASDAQ:COIN) and Kraken have launched ad campaigns to promote the upcoming Bitcoin halving, highlighting Bitcoin's value growth and its contrast to traditional fiat currency. Coinbase's ad uses pizza to illustrate Bitcoin's appreciation, while Kraken's ad takes a philosophical approach, emphasizing Bitcoin's scarcity and divisibility. These campaigns aim to boost interest in Bitcoin ahead of the halving event and the Future of Digital Assets conference.

Portfolio Pulse from Murtuza Merchant

April 16, 2024 | 3:17 pm

SPT

Sprout Social shares are trading lower following the announcement of a CEO transition.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 3:16 pm

MARA

RIOT

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 3:16 pm