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AMD

MSTR

NKLA

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TSLA

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 2:58 pm

AAPL

AMZN

META

MSFT

NVDA

TSLA

Despite downturns in Apple (AAPL) and Tesla (TSLA) shares, the S&P 500 has seen its strongest first quarter since 2019, thanks to the performance of Nvidia (NVDA), Meta Platforms (META), Microsoft (MSFT), and Amazon.com (AMZN). These 'Fab Four' have been central to the market's resilience, with investor optimism fueled by potential economic stability and interest in AI technologies. However, concerns about a possible market rally end persist, with Tesla facing competition and growth challenges, and Apple dealing with legal issues and AI positioning questions.

Portfolio Pulse from Benzinga Neuro

April 01, 2024 | 2:56 pm

ACHR

HOVR

HYMTF

JOBY

XPEV

The CNBC Tech podcast episode on eVTOLs highlights the industry's potential and challenges. With a projected market value of $1 trillion by 2040, companies globally are developing these electric vertical take-off and landing vehicles. Regulatory support and overcoming infrastructure and safety concerns are crucial for industry growth. eVTOL startups like Archer Aviation and Joby Aviation are at the forefront, while firms like New Horizon Aircraft and Hyundai Motor, along with XPeng Aeroht, a subsidiary of XPeng Inc., are advancing the technology.

Portfolio Pulse from Benzinga Neuro

April 01, 2024 | 2:54 pm

BILL

BILL Holdings shares are trading lower following a downgrade by Wells Fargo from Equal-Weight to Underweight, with a reduced price target from $70 to $60.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 2:53 pm

GOOG

GOOGL

Gmail, a product of Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), celebrates its 20th anniversary. Launched as a response to a user complaint, it now serves over 1.5 billion users. The article also highlights the significant return on investment if $1,000 had been invested in Google stock when it went public in 2004, showing a 5,911% increase to $60,107 today, compared to lesser gains in Nasdaq and S&P 500 index funds over the same period.

Portfolio Pulse from Rounak Jain

April 01, 2024 | 2:53 pm

DISC

Disc Medicine Inc (NASDAQ:DISC) reported Phase 2 study results for bitopertin in Erythropoietic Protoporphyria (EPP), showing significant reductions in PPIX levels and improvements in phototoxic reactions. However, the placebo group's strong performance led to non-significant results in some secondary endpoints. DISC stock plunged 58.57% to $25.80.

Portfolio Pulse from Vandana Singh

April 01, 2024 | 2:52 pm

SINT

SINTX Technologies Inc (NASDAQ:SINT) shares dropped 17.2% to $0.04, hitting a new all-time low after announcing a public offering of its common stock. The proceeds are intended for working capital and general corporate purposes, with Maxim Group LLC acting as the sole placement agent. The offering's success is subject to market conditions.

Portfolio Pulse from Henry Khederian

April 01, 2024 | 2:50 pm

AQB

AquaBounty Techs (NASDAQ:AQB) reported Q4 earnings with an EPS of $-2.19, missing estimates by -43.0% against an expected $-1.53. Revenue increased by $102 thousand from the same period last year. The company's past earnings performance shows a mixed trend with a notable 10.0% drop in share price following last quarter's earnings beat.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 2:50 pm

DIS

Disney board member Carolyn Everson expressed her stance against appointing a 'highly disruptive' individual to the board, emphasizing her perspective as a shareholder. Her comments were reported by CNBC.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 2:48 pm

BABA

CGRO

PGJ

TCEHY

Alibaba Cloud's livestream event, featuring influencer Luo Yonghao, attracted over 2.3 million viewers and around 1,000 companies interested in its cloud computing solutions. This event is part of Alibaba's strategy to expand its cloud computing market share, amidst a price war with competitors like Tencent Holding and JD.Com. Despite recent price cuts, Alibaba Cloud aims for long-term growth through economies of scale. Alibaba's stock, along with related ETFs Invesco Golden Dragon China ETF and Tidal Trust II CoreValues Alpha Greater China Growth ETF, could be impacted by these developments.

Portfolio Pulse from Anusuya Lahiri

April 01, 2024 | 2:48 pm