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ACN

Accenture plc (NYSE:ACN) is anticipated to report a decrease in Q2 earnings to $2.66 per share from $2.69 the previous year, with projected revenue of $15.84 billion. The company recently acquired Flo Group to enhance its supply chain logistics in Europe. Shares rose 0.6% to $380.44. Analysts from Stifel, Citigroup, Wedbush, Deutsche Bank, and Baird have updated their ratings and price targets for ACN, reflecting a generally positive outlook.

Portfolio Pulse from Avi Kapoor

March 21, 2024 | 6:41 am

COIN

DOGE-USD

Coinbase is set to introduce futures trading for Dogecoin (DOGE), Litecoin (LTC), and Bitcoin Cash (BCH) starting April 1, 2024. The decision is influenced by Dogecoin's popularity and community support. Following the announcement, Dogecoin's price surged by 17%.

Portfolio Pulse from Mehab Qureshi

March 21, 2024 | 6:09 am

AAPL

NVDA

Jim Cramer, host of CNBC's 'Mad Money,' has been experimenting with Apple Inc.'s Vision Pro, a mixed-reality headset, and shared his positive experiences on X. He advised to 'own, don't trade' Apple and Nvidia, highlighting the immersive experience provided by the Vision Pro, especially in conjunction with Nvidia's Omniverse. Despite Cramer's enthusiasm, some users expressed skepticism about the long-term appeal of the device, noting its high price and limited use cases.

Portfolio Pulse from Ananya Gairola

March 21, 2024 | 5:10 am

COIN

LTCUSD

Coinbase Global is set to launch futures trading for Litecoin, Dogecoin, and Bitcoin Cash on April Fool's Day, following their filing with the Commodity Futures Trading Commission. This move, amidst market volatility and Coinbase's own technical issues, reflects growing interest in cryptocurrencies. Litecoin surged 6.78% to $86.03 upon the announcement. The decision raises regulatory questions regarding the classification of these Bitcoin offshoots as commodities futures versus securities futures.

Portfolio Pulse from Benzinga Neuro

March 21, 2024 | 4:18 am

BTCUSD

DOGEUSD

ETHUSD

Major cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced significant gains following the Federal Reserve's decision to maintain interest rates, despite higher-than-anticipated inflation figures. The Fed's dovish stance and projection for three rate cuts this year contributed to a positive sentiment in the cryptocurrency market. The global cryptocurrency market cap saw a decrease, while the three main stock market indexes reached their highest-ever closing levels. Analysts provided mixed views on Bitcoin's future, with some highlighting buying opportunities during corrections and others cautioning about potential retraces.

Portfolio Pulse from Mehab Qureshi

March 21, 2024 | 4:17 am

ARKK

ARKW

CERS

MRNA

PSNL

TWLO

Cathie Wood's Ark Invest sold shares of Block Inc (SQ) worth $3.5 million through ARKK and ARKW ETFs, amidst a Bitcoin price recovery. The sale is part of a week-long trend, totaling $19.95 million in Block shares sold. Additionally, Ark Invest made purchases in Cerus Corp (CERS), Personalis Inc (PSNL), and Moderna Inc (MRNA), while selling Twilio Inc (TWLO) shares.

Portfolio Pulse from Benzinga Neuro

March 21, 2024 | 3:40 am

AAPL

CHWY

DWAC

TSLA

On Wednesday, U.S. indices saw positive movements with notable gains in stocks like Digital World Acquisition Corp. (DWAC), Apple Inc. (AAPL), Micron Technology Inc. (MU), Chewy Inc. (CHWY), and Tesla Inc. (TSLA). DWAC surged 17.79% after a legal brief argued for Trump's 'ultimate immunity'. Apple's stock rose by 1.47% as CEO Tim Cook visits Shanghai, hinting at more stores in China. Micron's shares increased by 2.39% following strong fiscal Q2 results. Chewy's stock jumped 6.35% after beating Q4 financial estimates. Tesla shares rose by 2.53%, with suggestions that advertising could boost sales.

Portfolio Pulse from Benzinga Neuro

March 21, 2024 | 2:31 am

NVDA

NVIDIA Corp's CEO, Jensen Huang, discussed the company's focus on humanoid robots and embodied AI, citing the abundance of human movement data as a key reason. At a San Jose conference, Nvidia unveiled Project GROOT, aimed at advancing humanoid robot technology. Despite Huang's optimistic outlook on AI and Nvidia's technology, the company's stock dipped slightly after his presentation, while stocks of other mentioned companies rose. The upcoming GTC 2024 conference is expected to highlight new AI products, use cases, and partnerships.

Portfolio Pulse from Benzinga Neuro

March 21, 2024 | 2:16 am

BTCUSD

'Rich Dad Poor Dad' author Robert Kiyosaki advises against investing in stocks and bonds due to China's economic instability, recommending gold, silver, and Bitcoin instead. He criticizes China's strategy of borrowing money to prop up its stock market as foolish and desperate, attributing the economic issues to a global decrease in consumer buying. Kiyosaki's advice aligns with potential Fed rate cuts, suggesting a shift towards non-traditional investments.

Portfolio Pulse from Benzinga Neuro

March 21, 2024 | 1:46 am

Micron Technology (NASDAQ:MU) reported strong Q2 fiscal 2024 results, driven by high demand for AI servers and strategic investments in high-bandwidth memory (HBM). The company anticipates further price increases for DRAM and NAND, expecting record revenue and improved profitability in fiscal 2025. Over 75% of Micron's DRAM and over 90% of its NAND are on advanced technology nodes, positioning Micron as a leader in the memory and storage market.

Portfolio Pulse from Benzinga Neuro

March 21, 2024 | 1:41 am