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BTCUSD

Economist Peter Schiff criticized Bitcoin following a 6% drop, contrasting its volatility with the stability of gold. Schiff's comments highlight the ongoing debate between Bitcoin and gold as investment assets. He also pointed out the risk for ETF investors who are 'trapped' until the market opens, following such sudden drops in asset prices.

Portfolio Pulse from Ivan Crnogatić

April 02, 2024 | 3:45 pm

DELL

Dell shares are trading lower due to an overall weakness in the technology sector.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 3:44 pm

SQ

Block shares are trading lower due to overall market weakness and a rise in yields.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 3:44 pm

SKYX

SKYX Platforms shares are trading lower following the announcement of worse-than-expected Q4 earnings per share (EPS) results.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 3:41 pm

FXI

SPY

China's President Xi emphasized the need for strengthened dialogue and prudent management of differences with mutual respect, according to Reuters. This statement could influence US-China relations and impact related financial markets.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 3:40 pm

LLY

NVO

Eli Lilly & Co (NYSE:LLY) faces competition in the weight-loss drug market with its product Zepbound but shows technical resilience and investment potential. Despite competition from Novo Nordisk (NYSE:NVO), Eli Lilly's stock has shown impressive gains, with a 116.84% increase over the past year and a 29.45% return in 2024. Technical analysis reveals mixed signals, with both bullish and bearish indicators. Analysts from Cantor Fitzgerald, Truist Securities, and JP Morgan have set an average price target of $838.33 for LLY, suggesting a potential upside of 10.55%.

Portfolio Pulse from Surbhi Jain

April 02, 2024 | 3:39 pm

FXI

SPY

China's President Xi emphasized the importance of moving forward on a stable, healthy, and sustainable path in relations, implicitly suggesting avoiding regression. This statement, reported by Reuters, hints at the broader implications for international relations and potentially global markets.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 3:39 pm

YTEN

Yield10 Bioscience shares are trading lower following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 3:39 pm

FXI

SPY

China's President Xi Jinping emphasized the inevitability of exchanges and interactions between China and the U.S., highlighting the importance of avoiding conflict and confrontation. This statement underscores the critical nature of Sino-American relations and their impact on global stability and economic conditions.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 3:38 pm

GETY

Getty Images Holdings, Inc. (NYSE:GETY) has acquired Motorsport Images, enhancing its motorsport industry presence and expanding customer offerings. The acquisition includes Motorsport Images' extensive archive and talent. Getty Images' CEO highlighted the addition of iconic imagery and video to their motorsport offerings. Motorsport Images' content will be available on Getty's platform from May 3, 2024. Despite the acquisition, GETY shares dropped by 1.95% to $4.02. The company reported quarterly sales of $225.94 million, surpassing analyst estimates, and projects fiscal year 2024 revenue between $928 million and $947 million.

Portfolio Pulse from Nabaparna Bhattacharya

April 02, 2024 | 3:37 pm