Streetbeat News

Stock Prices

NVDA

Leading cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced a dip as retail investors took profits from last week's rally. Despite the correction, analysts remain bullish on Bitcoin, predicting a parabolic rise following a consolidation phase. Stock futures also inched higher, with upcoming earnings from AI-based companies like NVIDIA Corp. expected to be positive.

Portfolio Pulse from Aniket Verma

May 20, 2024 | 1:44 am

GOOG

GOOGL

META

Veteran tech analyst Gene Munster predicts a 3-5 year bull market driven by AI technologies before an eventual bubble burst. Munster highlights Alphabet (GOOG, GOOGL) and Meta Platforms (META) as key holdings due to their AI capabilities.

Portfolio Pulse from Benzinga Neuro

May 20, 2024 | 1:32 am

ALC

CRBG

DELL

MNDY

MSTR

ONON

PODD

SMCI

VOD

The article highlights the top-performing large-cap stocks from May 12 to May 19, 2024. MicroStrategy, Monday.Com, On Holding AG, Sea Limited, Insulet Corporation, Dell Technologies, Vodafone Group, Alcon Inc., Super Micro Computer, and Corebridge Financial saw significant gains due to various positive developments.

Portfolio Pulse from Lekha Gupta

May 19, 2024 | 11:27 pm

NVDA

SPY

The stock market's recent rally could be influenced by Nvidia's upcoming first-quarter earnings report. A miss could cause nervousness among investors, while a beat could propel the market further. Nvidia's performance is crucial as it has been a key player in the AI-driven market rally.

Portfolio Pulse from Shanthi Rexaline

May 19, 2024 | 11:04 pm

TSLA

Tesla's upcoming annual shareholder meeting on June 13 will decide on Elon Musk's 2018 compensation package, which was nullified by a Delaware Chancery court. Key conditions for Tesla's growth include Musk getting 25% voting power, Tesla being incorporated in Texas, and the approval of Musk's compensation package. Musk has indicated that without these conditions, he may prefer to build products outside of Tesla. The company is also focusing on its robotaxi business to counter its core EV business struggles.

Portfolio Pulse from Shanthi Rexaline

May 19, 2024 | 10:56 pm

GSIB

JPM

Regulators are considering reducing the proposed capital requirements increase for big U.S. banks, following lobbying efforts led by JPMorgan Chase's CEO Jamie Dimon. This potential change could ease the financial burden on these banks, allowing them more flexibility in lending and investing.

Portfolio Pulse from Shanthi Rexaline

May 19, 2024 | 10:51 pm

BOW

KBDC

Bowhead Specialty Holdings Inc (NYSE:BOW) and Kayne Anderson BDC, Inc (NYSE:KBDC) are set to go public this week. BOW will start trading on May 23, 2024, with a price range of $14.00 to $16.00, offering 6,667,000 shares at $15.00 each. KBDC will begin trading on May 22, 2024, offering 6,000,000 shares at $16.63 each.

Portfolio Pulse from Benzinga Insights

May 19, 2024 | 8:03 pm

TSLA

Elon Musk has criticized President Joe Biden and other 'naysayers' who wish to see Tesla fail. Despite the challenging economic environment and rising competition, Tesla continues to find success in China. The Biden administration's recent 100% tariffs on Chinese EV imports could impact the market dynamics. Tesla's shareholders are set to vote on reapproving Musk's 2018 compensation plan.

Portfolio Pulse from Shanthi Rexaline

May 19, 2024 | 7:55 pm

GTBIG

MSOS

TCNNF

TLRY

VFF

The Justice Department has initiated the process to reclassify marijuana from Schedule I to Schedule III, which could significantly impact the cannabis industry. This move is supported by a majority of American voters and could boost cannabis research. The U.S. cannabis ETF MSOS saw a mixed trading session following the news. Companies like Tilray, Village Farms, GTI, and Trulieve are preparing for potential changes in the market.

Portfolio Pulse from Todd Harrison

May 19, 2024 | 7:24 pm

DOGEUSD

ETHUSD

FLOKIUSD

SOLUSD

Veteran trader Unipcs, known as 'Bonk Guy,' shares his strategies for turning small investments into significant wealth through meme coins. He emphasizes the importance of community backing and liquidity in meme coin success. Unipcs remains bullish on Bonk and Floki, highlighting their potential for further growth.

Portfolio Pulse from Murtuza Merchant

May 19, 2024 | 4:05 pm