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TJX

Jim Cramer emphasized the importance of looking beyond financial report numbers, using Home Depot, Lowe's, and TJX Companies as examples. He criticized the current reporting method for causing snap judgments and highlighted the need for investors to do their homework for better investment decisions. Cramer also mentioned the resilience of Domino's Pizza and the strong performances of Nvidia and Amazon, while expressing concerns about Alphabet's diverse ventures.

Portfolio Pulse from Benzinga Neuro

February 29, 2024 | 2:09 am

GOOGL

Mark Cuban suggests Elon Musk's xAI's Grok is 'right-leaning' and Google's Gemini is 'left-leaning' amid a debate on AI models' future. He responds to Marc Andreessen's concerns about big tech's ability to develop generative AI, highlighting the potential for a significant impact on stock market wealth if they fail. Cuban emphasizes the future diversity in AI models, both branded and personal, and their political leanings.

Portfolio Pulse from Ananya Gairola

February 29, 2024 | 1:38 am

MSTR

Michael Saylor, CEO of MicroStrategy Inc. (NASDAQ:MSTR), encouraged Bitcoin holders to accumulate more of the cryptocurrency in a recent tweet. This comes as Bitcoin's price has seen a significant rise, with MicroStrategy being the largest corporate holder of Bitcoin. Benchmark's $990 price target for MicroStrategy is based on the expectation that Bitcoin will reach $125,000 by the end of 2025, driven by factors such as SEC's endorsement of spot Bitcoin ETFs and the fourth Bitcoin halving.

Portfolio Pulse from Benzinga Neuro

February 29, 2024 | 1:15 am

CELUW

Trading for CELUW was halted at 7:50:00 p.m. ET due to pending news. The halt is a temporary measure until the news affecting the stock is released.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:50 am

CELU

Trading for CELU was halted at 7:50:00 p.m. ET due to pending news. The halt is a temporary measure until the news affecting the company is released.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:50 am

ZCMD

Trading for ZCMD was halted at 7:50:00 p.m. ET due to pending news. The halt is a temporary measure until the news affecting the company is released.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:50 am

PARA

The article highlights the achievements of 12 trailblazing Black Wall Street bankers, brokers, and financiers who laid the groundwork for future generations. It mentions the first Black investment firm on the NYSE, Daniels & Bell, founded in 1971, and other pioneers like the first Black woman to pass the NYSE exam, Lilla St. John, and the first Black-owned mutual fund firm, Ariel Investments, founded by John W. Rogers Jr. It also touches on early Black millionaires and billionaires, including Robert L. Johnson, the first Black billionaire, and Oprah Winfrey, the first Black woman billionaire.

Portfolio Pulse from Sue Strachan

February 29, 2024 | 12:26 am

TPB

Turning Point Brands, Inc. (NYSE:TPB) reported a profit increase and a 6.1% YoY drop in Q4 net sales. The Zig-Zag segment remained stable, excluding the impact of a discontinued product line. The company saw a net income increase to $10.1 million in Q4 and $38.5 million for the full year. Adjusted EBITDA for the year decreased by 2.4% to $95.3 million. TPB's stock rose 6.23% to $24.38 per share following the announcement.

Portfolio Pulse from Jelena Martinovic

February 29, 2024 | 12:14 am

DKNG

DraftKings Inc (NASDAQ:DKNG) received a positive analyst note from Morgan Stanley's Stephen Grambling, who raised the price target from $40 to $49 following strong Q4 financial results and an optimistic 2024 guidance. The note highlighted DraftKings' operational execution, the acquisition of Jackpocket, and a robust balance sheet as key drivers for future stock performance. Grambling emphasized the potential for capital allocation towards customer acquisition, new products, or stock buybacks, projecting $1.2 billion in cash and minimal debt by the end of fiscal 2024.

Portfolio Pulse from Chris Katje

February 28, 2024 | 11:50 pm

BABA

HOOD

SKGR

Webull Corporation is planning a U.S. listing through a merger with SK Growth Opportunities Corp. (NASDAQ:SKGR), valuing the combined entity at $7.3 billion. The move comes after Webull decided to divest its cryptocurrency trading operations due to regulatory challenges, aiming to comply with SEC requirements. This strategic pivot is seen as a key step in overcoming previous obstacles to going public. Webull, with 20 million users and $370 billion in equity notional volumes, also announced a partnership with the Brooklyn Nets and New York Liberty.

Portfolio Pulse from Piero Cingari

February 28, 2024 | 11:02 pm