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DNA

HOOD

PATH

TER

TSLA

TWLO

Ark Invest, led by Cathie Wood, has purchased $3.3 million worth of Robinhood Markets Inc (HOOD) shares and continued its investment in Tesla Inc (TSLA) with a $1.24 million purchase. The firm also sold shares in Twilio Inc (TWLO) and UiPath Inc (PATH), while investing in Ginkgo Bioworks Holdings Inc (DNA) and Teradyne Inc (TER). Ark's strategy reflects confidence in Robinhood's financial strategy and Tesla's long-term value, despite recent setbacks.

Portfolio Pulse from Benzinga Neuro

February 01, 2024 | 3:55 am

AMD

GOOGL

MSFT

Cryptocurrencies Bitcoin, Ethereum, and Dogecoin fell after the Fed maintained interest rates, with Powell's comments reducing hopes for a March rate cut. The global crypto market cap dropped by 8.29%. Stocks also declined, with the Dow Jones, S&P 500, and Nasdaq falling. Treasury yields hovered around 3.9%, and Alphabet's shares dropped over 7% due to weak ad revenue. Analysts predict Ethereum could reach $3,500-4,000 in 3-6 months, and the Bitcoin Halving in April 2024 may influence market trends.

Portfolio Pulse from Mehab Qureshi

February 01, 2024 | 3:01 am

NYCB

PARA

QCOM

TSLA

U.S. stock indices fell after the Fed maintained interest rates. Paramount Global received a $14.3 billion acquisition offer. Qualcomm reported a 5% revenue increase in Q1. Luckin Coffee plans expansion in Southeast Asia. New York Community Bancorp missed Q4 revenue estimates. Tesla faces uncertainty after a court ruling against CEO Musk's compensation plan.

Portfolio Pulse from Benzinga Neuro

February 01, 2024 | 2:35 am

TCRT

Trading on TCRT has been halted at 7:50:00 p.m. ET due to pending news. The halt is in place to manage market orderliness and investor protection pending the release of material news.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 12:50 am

CMAX

Trading on the stock of CMAX has been halted at 7:50:00 p.m. ET due to pending news. The halt is in place to manage market orderliness and investor protection pending the release of material information.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 12:50 am

CMAXW

Trading on the stock CMAXW has been halted at 7:50:00 p.m. ET due to pending news. The halt is in place to ensure a fair and orderly market until the news is released and investors have had time to digest the information.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 12:50 am

AKTS

Jeffrey B. Shealy, CEO of Akoustis Technologies, purchased 1,310,000 shares of the company at an average price of $0.50 per share, as reported in a Form 4 filing on Wednesday.

Portfolio Pulse from Charles Gross

February 01, 2024 | 12:01 am

RLMD

Relmada Therapeutics CEO Sergio Traversa has purchased 100,000 shares of the company at an average price of $3.87 per share, as reported in a Form 4 filing on Wednesday.

Portfolio Pulse from Charles Gross

January 31, 2024 | 11:57 pm

DIS

Disney (NYSE:DIS) lost a First Amendment challenge against Florida Governor Ron DeSantis regarding the Reedy Creek region, which houses Disney World. Federal Judge Allen Winsor dismissed the case, stating Disney lacked standing to sue. The company plans to continue its legal fight, emphasizing the case's importance for the rule of law. Meanwhile, Disney and the Central Florida Tourism Oversight District (CFTOD) are still in a legal battle over land use agreements. Disney's stock was down 1% on Wednesday.

Portfolio Pulse from Chris Katje

January 31, 2024 | 11:18 pm

BDN

Brandywine Realty Trust (BDN) reported a decrease in Q4 EPS to $0.27 from $0.32 YoY, with sales of $130.17M falling short of the $134.13M estimate. Despite this, sales saw a slight increase of 0.92% compared to the same period last year.

Portfolio Pulse from mahesh@benzinga.com

January 31, 2024 | 11:07 pm