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DOGEUSD

Cryptocurrency analyst Zer0 suggests that Dogecoin (DOGE) tends to rally during Bitcoin (BTC) price discovery phases, based on historical data. DOGE is currently down 77% from its May 2021 all-time high. The analysis indicates potential investment strategies for future Bitcoin price discovery phases.

Portfolio Pulse from Khyathi Dalal

June 05, 2024 | 6:34 pm

RIOT

Riot Platforms, Inc. (NASDAQ:RIOT) saw a significant stock decline following a bearish report from Kerrisdale Capital. The report criticized Riot's business model, emphasizing energy arbitrage and stock issuance over Bitcoin mining. Technical indicators suggest a continued bearish trend, with the stock trading below key moving averages and other indicators signaling selling pressure. Investors are advised to approach with caution.

Portfolio Pulse from Surbhi Jain

June 05, 2024 | 6:33 pm

TSLA

WKSP

General Motors (GM) and Ford Motor (F) are showing strong electric vehicle (EV) sales, defying the broader EV market slowdown. GM reported its best-ever EV sales month in May, driven by models like the Cadillac Lyriq and Chevrolet Silverado EV. Ford also reported an 88% surge in EV sales for the first five months of the year, with significant growth in models like the electric F-150 and Mach-E. Worksport Ltd. (WKSP) is set to release a solar-powered tonneau cover for popular pickup trucks, projecting robust revenue growth. Despite the positive sales, both GM and Ford are cautious about their EV transition timelines.

Portfolio Pulse from Upwallstreet

June 05, 2024 | 6:33 pm

JCI

Johnson Controls Intl (NYSE:JCI) has outperformed the market over the past 15 years with an average annual return of 13.99%, resulting in a $100 investment growing to $720.87. The company currently has a market capitalization of $48.55 billion.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 6:30 pm

GILD

Gilead Sciences (NASDAQ:GILD) has outperformed the market over the past 20 years, producing an average annual return of 11.16%. A $100 investment in GILD 20 years ago would be worth $829.64 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 6:30 pm

SFIX

Stitch Fix Inc (NASDAQ:SFIX) shares surged after reporting better-than-expected fiscal Q3 results. Despite a 16% YoY revenue decline, the company beat muted expectations and showed gradual improvements. Analysts from Truist Securities, Wedbush, and Mizuho Securities provided mixed ratings, highlighting both positive aspects and ongoing challenges.

Portfolio Pulse from Priya Nigam

June 05, 2024 | 6:29 pm

ASNS

Actelis Networks, Inc. (NASDAQ:ASNS) shares surged 700% following new orders for its cyber-hardened technology to be deployed at three U.S. military bases. The company achieved critical government security certifications and aims to modernize military bases with its networking solutions.

Portfolio Pulse from Vaishali Prayag

June 05, 2024 | 6:25 pm

WFC

SeatGeek has added Citigroup and Wells Fargo to its IPO lineup, targeting a valuation higher than $1.35 billion. The IPO could occur as soon as this quarter or toward the end of 2024.

Portfolio Pulse from Erica Kollmann

June 05, 2024 | 6:19 pm

AMD

ARM

INTC

NVDA

SPRX

TRFK

TSM

AMD stock saw a rebound on Wednesday following a sector selloff, driven by reports of TSMC's price hikes and AMD's expanding partnership with Samsung for 3-nanometer chip technology. Analysts highlighted AMD's strong pipeline and increasing market share in the server CPU and AI markets. AMD's stock has gained 36% over the past year, and investors can gain exposure through ETFs like SPRX and TRFK.

Portfolio Pulse from Anusuya Lahiri

June 05, 2024 | 6:17 pm

INTU

Significant investors have shown a bullish stance on Intuit (NASDAQ:INTU) through recent options activity. The trading activity suggests a price range of $530.0 to $660.0 for Intuit over the next three months. Analysts have mixed ratings, with target prices ranging from $655 to $770.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 6:15 pm