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FXI

China's exports for August increased by 8.7% year-over-year, surpassing the estimated 6.5% and the previous month's 7.0%. This indicates a stronger-than-expected performance in China's export sector.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 5:44 am

EWA

Australia's building approvals for July increased by 10.4%, matching estimates and showing a significant recovery from the previous month's decline of 6.4%. This data could impact ETFs with exposure to the Australian market, such as EWA.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 5:43 am

BTC-USD

Economist Peter Schiff warns that Federal Reserve rate cuts won't prevent a U.S. recession, suggesting the economy is already in one. He predicts rising long-term rates, inflation, and unemployment, indicating a bleak economic outlook.

Portfolio Pulse from Benzinga Neuro

September 10, 2024 | 5:23 am

AAPL

Apple continues its strategy of offering eSIM-only iPhone 16 models exclusively in the US, maintaining the approach started with the iPhone 14. These models support 5G mmWave, which has limited adoption due to its short-range signal. The iPhone 16 series, featuring the new A18 chip, was unveiled at the 'Glowtime' event, but received mixed reviews.

Portfolio Pulse from Benzinga Neuro

September 10, 2024 | 4:51 am

BITB

IBIT

Matt Hougan, CIO at Bitwise Asset Management, argues that investment advisors are adopting Bitcoin ETFs faster than any other ETF in history, countering skepticism from macro analyst Jim Bianco. The iShares Bitcoin Trust ETF (IBIT) has seen $1.45 billion in net inflows, making it the second highest among over 300 ETFs launched this year. Bitwise's own Bitcoin ETF (BITB) has attracted $1.93 billion in net inflows.

Portfolio Pulse from Aniket Verma

September 10, 2024 | 3:56 am

AAPL

NVDA

ORCL

PLTR

TSLA

On Monday, U.S. indices closed positively, with notable movements in Palantir, Apple, Nvidia, Oracle, and Tesla stocks. Palantir surged due to its upcoming inclusion in the S&P 500. Apple had a marginal increase after launching the iPhone 16. Nvidia rose amid an antitrust investigation. Oracle fell despite strong earnings and new cloud partnerships. Tesla gained following Panasonic's EV battery production announcement.

Portfolio Pulse from Benzinga Neuro

September 10, 2024 | 3:13 am

BIIB

LLY

NVDA

Eli Lilly (NYSE:LLY) has appointed Lucas Montarce as its new CFO amid regulatory challenges. The company is under pressure due to potential rejection of its Alzheimer's drug by the NHS and is combating imitation drugs. The stock has surged 53.37% YTD.

Portfolio Pulse from Benzinga Neuro

September 10, 2024 | 3:01 am

BABA

Alibaba's Hong Kong shares rose over 4% after being included in the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programs, allowing Mainland China investors greater access. This inclusion is expected to enhance liquidity and broaden Alibaba's investor base.

Portfolio Pulse from Benzinga Neuro

September 10, 2024 | 2:59 am

NVDA

Cryptocurrencies like Bitcoin, Ethereum, and Dogecoin saw significant gains, mirroring a stock market rebound. Bitcoin's price rose to $57,884 before settling around $56,000, while Ethereum and Dogecoin also experienced increases. Nvidia's stock contributed to the stock market's recovery. Analysts predict Bitcoin's next peak around mid-2025.

Portfolio Pulse from Aniket Verma

September 10, 2024 | 2:44 am

BTCUSD

ETHUSD

MATICUSD

The upcoming debate between Trump and Harris is unlikely to feature discussions on Bitcoin or cryptocurrencies, according to Polymarket odds. A Trump victory could boost Bitcoin's price, while a Harris win might lead to a decline.

Portfolio Pulse from Aniket Verma

September 10, 2024 | 1:57 am