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JPM

SPY

JPMorgan CEO Jamie Dimon warns of a potential 'hard landing' for the U.S. economy, with stagflation being the worst outcome. He suggests that interest rates could still rise slightly and highlights concerns about inflation and consumer confidence.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 5:15 am

NVDA

QQQ

SOXX

SPY

A CNBC discussion highlighted the differing impacts of Nvidia and the Federal Reserve on the macro-market. Nvidia has seen a significant stock surge, outperforming major ETFs, while the Fed's monetary policy remains crucial for economic stability. Nvidia's recent success includes a beat-and-raise Q1, a 150% dividend hike, and a 10-for-1 stock split.

Portfolio Pulse from Kaustubh Bagalkote

May 23, 2024 | 4:59 am

DOGEUSD

Analysts predict a significant upside for Dogecoin (DOGE) based on technical patterns and market behavior. Kevin, a popular cryptocurrency trader, highlighted an inverse head and shoulders pattern, suggesting a potential breakout to $0.22, a 32% increase. Another trader, Lieutenant Ponzi, also anticipates a price surge. Long-term holdings and bullish positions have increased, indicating market confidence.

Portfolio Pulse from Aniket Verma

May 23, 2024 | 4:42 am

TSLA

Joe Rogan expressed his admiration for Elon Musk on his podcast, vowing to continue purchasing Tesla vehicles to support Musk. Rogan praised Musk as the 'coolest' billionaire and highlighted his influence on public discourse.

Portfolio Pulse from Ananya Gairola

May 23, 2024 | 4:11 am

NVDA

Nvidia's (NASDAQ: NVDA) higher-than-expected Q1 earnings led to a decline in the AI-based cryptocurrency token Render (CRYPTO: RNDR), which fell 3.79%. Despite initial gains, profit-taking and high leverage positions contributed to the dip. Whale activity and increased trading volume suggest potential volatility ahead.

Portfolio Pulse from Aniket Verma

May 23, 2024 | 3:40 am

NVDA

Nvidia introduced its Blackwell AI computing platform during its first-quarter earnings call, positioning itself as a leader in the generative AI revolution. The platform is designed to support trillion-parameter large language models and multi-modal AI systems, offering significant advancements over Nvidia's current Hopper architecture. Nvidia aims for rapid adoption of Blackwell across various sectors, including cloud providers and research institutions. The announcement follows Nvidia's strong first-quarter earnings report, which included a 150% dividend hike and a 10-for-1 stock split.

Portfolio Pulse from Kaustubh Bagalkote

May 23, 2024 | 2:48 am

NVDA

TSLA

Nvidia's AI infrastructure has significantly boosted Tesla's autonomous driving software, FSD version 12, by expanding Tesla's AI training cluster to 35,000 H100 GPUs. Nvidia's data center segment saw a 427% growth, contributing to its strong quarterly performance. Nvidia also announced a 10-for-1 stock split and a 150% increase in its quarterly dividend.

Portfolio Pulse from Ananya Gairola

May 23, 2024 | 2:43 am

NVDA

Nvidia Corp. (NASDAQ: NVDA) reported first-quarter results that exceeded expectations, issued above-consensus second-quarter revenue guidance, announced a 150% dividend hike, and a 10-for-1 stock split. The stock surged past $1,000 in after-hours trading. Analyst Gene Munster predicts sustained growth and a potential tech bull market.

Portfolio Pulse from Shanthi Rexaline

May 23, 2024 | 2:22 am

BTCUSD

DOGEUSD

ETHUSD

Leading cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, saw declines as investors reacted to the Federal Reserve's inflation concerns. Bitcoin hovered below $70,000, Ethereum remained choppy, and Dogecoin fell significantly. Despite the drop, market sentiment remains 'Extremely Greedy.' The House passed a bill for regulatory clarity in the crypto industry.

Portfolio Pulse from Aniket Verma

May 23, 2024 | 2:17 am

AMD

NVDA

SNOW

TSLA

TSM

Major U.S. stock indices closed in negative territory on Wednesday. Nvidia, AMD, TSMC, Snowflake, and Tesla were the top stocks that gained attention. Nvidia reported strong earnings and announced a dividend hike and stock split. AMD rose due to Nvidia's positive earnings. TSMC saw a rise amid confidence in its technology protection. Snowflake reported a revenue beat but an EPS miss. Tesla fell due to concerns over AI investments and an upcoming shareholder vote.

Portfolio Pulse from Benzinga Neuro

May 23, 2024 | 2:11 am