Streetbeat News

Stock Prices

GOOG

META

MSFT

NVDA

Nvidia's upcoming AI chip launch faces delays due to design flaws, impacting major clients like Meta, Google, and Microsoft. The delay could extend for three months or more, pushing large shipments to Q1 2025.

Portfolio Pulse from Ananya Gairola

August 05, 2024 | 4:08 am

BTCUSD

Economist Justin Wolfers criticized former President Donald Trump's plan to use Bitcoin to pay off the U.S.'s $35 trillion debt, stating that it shows a misunderstanding of debt, cryptocurrency, and economics. Other experts, including Nobel laureate Paul Krugman and Georgetown's James Angel, also disapproved of the proposal.

Portfolio Pulse from Aniket Verma

August 05, 2024 | 4:05 am

CRWD

DAL

MSFT

Delta Air Lines is facing backlash from CrowdStrike and Microsoft after threatening to sue them over a major system outage. CrowdStrike's CEO offered assistance, which was ignored by Delta. The outage led to significant financial losses and a federal investigation.

Portfolio Pulse from Ananya Gairola

August 05, 2024 | 3:43 am

BTCUSD

ETHUSD

SHIBUSD

Shiba Inu's lead developer, Shytoshi Kusama, supports the sentiment of not selling cryptocurrencies amid a market crash. Influencer Oscar Ramos also advises against selling, suggesting the downturn could be a buying opportunity. Major cryptocurrencies like Bitcoin and Ethereum have seen significant drops, mirroring stock market declines due to recession fears and geopolitical tensions.

Portfolio Pulse from Aniket Verma

August 05, 2024 | 3:21 am

AAPL

AMD

BTCUSD

The global stock market selloff, which began in the U.S., has now spread to Japan, causing significant drops in the Nikkei 225 and Topix indices. Financial experts Mohamed El-Erian, Grant Cardone, and Matt Weller have expressed concerns about the deepening market downturn. The appreciation of the Yen is exacerbating the situation for Japanese stocks. The broader Asia-Pacific region is also affected, with the MSCI AC Asia Pacific Index falling 2%. Additionally, Peter Schiff warned of a potential crypto selloff if Bitcoin falls below its July low, and Elon Musk commented on Warren Buffett's significant sale of Apple stock.

Portfolio Pulse from Benzinga Neuro

August 05, 2024 | 2:54 am

BTCUSD

DOGEUSD

ETHUSD

The cryptocurrency market experienced a significant decline due to recession fears and geopolitical tensions. Bitcoin, Ethereum, and Dogecoin saw substantial drops, with Bitcoin hitting an intraday low not seen since February. The global cryptocurrency market fell below $2 trillion, and U.S. stock futures also declined. Historical data suggests that August and September are typically poor months for Bitcoin, but October may bring hope.

Portfolio Pulse from Aniket Verma

August 05, 2024 | 2:47 am

BTCUSD

GBTC

Bitcoin has fallen below $53,000 amid a broader market sell-off, with economist Peter Schiff warning of a potential 'crypto black Monday' and significant ETF liquidations. U.S. stock futures also plunged, reflecting market volatility.

Portfolio Pulse from Aniket Verma

August 05, 2024 | 1:39 am

CWAN

FTDR

LUMN

NEO

PSN

RGEN

SHAK

The article highlights the top-performing mid-cap stocks from July 28 to August 3, including Lumen Technologies, Shake Shack, Parsons Corp, Clearwater Analytics Holdings, Repligen Corp, Frontdoor Inc, and NeoGenomics. These companies saw significant stock price increases due to positive earnings reports, supply agreements, and raised revenue outlooks.

Portfolio Pulse from Lekha Gupta

August 05, 2024 | 12:01 am

BITO

BTCUSD

Economist Peter Schiff warns of a potential 'Crypto Black Monday' if Bitcoin falls below its July low, which could trigger mass liquidations in Bitcoin ETFs. Bitcoin recently fell below $58,000 but recovered slightly. Schiff believes Bitcoin ETF buyers are not long-term holders and may panic sell.

Portfolio Pulse from Shanthi Rexaline

August 04, 2024 | 9:31 pm

AAPL

AMD

ARM

INTC