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CYBR

VRT

Market strategist Matt Orton has spotlighted Vertiv Holdings Co (VRT) and Cyberark Software Ltd (CYBR) as two U.S. small-cap stocks with significant growth potential in 2024. Orton, from Raymond James Investment Management, highlighted the Russell 2000's recent performance and sees these companies as poised for a breakout. Vertiv, a data center equipment provider, has seen its stock rise 471% over the past year, while CyberArk, a cybersecurity firm, has increased by 80% due to growing cyber threats.

Portfolio Pulse from Benzinga Neuro

April 02, 2024 | 5:50 am

BTCUSD

DOGEUSD

ETHUSD

Bitcoin, Ethereum, and Dogecoin experienced a dip as the market corrected, with Bitcoin's volatility increasing ahead of its upcoming halving event, which is expected to further impact its price dynamics. Analysts predict potential all-time highs for Bitcoin before the halving. The global cryptocurrency market cap increased slightly, while traditional stock indexes showed mixed results amid inflation concerns.

Portfolio Pulse from Mehab Qureshi

April 02, 2024 | 4:23 am

AAPL

INTC

NKE

UNH

Jim Cramer reviewed the Dow Jones Industrial Average's five worst-performing stocks in Q1 2024 on CNBC's 'Mad Money'. The stocks include Boeing, Nike, Intel, Apple, and UnitedHealth Group. Despite their poor performance, Cramer believes these companies could be at a turning point. He highlighted Boeing's plane malfunctions, Nike's competition challenges, Intel's potential rally, Apple's long-term value despite short-term challenges, and UnitedHealth's strong management despite facing higher medical costs.

Portfolio Pulse from Benzinga Neuro

April 02, 2024 | 4:13 am

CXAI

DJT

TSLA

WBA

In Monday's trading session, the stock market saw mixed results with the Dow Jones falling and NASDAQ rising. Trump Media & Technology Group, CXApp Inc., Micron Technology, Walgreens Boots Alliance, and Tesla were among the most notable stocks. Trump Media disclosed significant losses, CXApp surged after a partnership with Google Cloud, Micron Technology gained on positive performance, Walgreens dropped but showed potential for a bullish future, and Tesla slightly fell amidst competition.

Portfolio Pulse from Benzinga Neuro

April 02, 2024 | 3:47 am

AAPL

GOOG

Alphabet Inc.'s Google has released the Android 14 QPR3 Beta 2.1 update, introducing a High-Quality Mode for webcams among other user-oriented changes. Despite improvements, this feature may lead to higher power consumption and device heating, and currently offers lower video quality compared to Apple's Continuity Camera. The update is available for various Pixel devices, but downloads for OTA images are temporarily disabled due to a sideload issue. This release aims to enhance user experience amid declining Android market share in the US, where Apple Inc. continues to dominate.

Portfolio Pulse from Benzinga Neuro

April 02, 2024 | 3:24 am

TSLA

XIACF

Xiaomi Corp's shares surged nearly 15% following the launch of its first EV, the SU7, priced $4,000 lower than Tesla's Model 3. The SU7 received 88,898 pre-orders within 24 hours, indicating strong market demand. Other Chinese EV makers like Xpeng and Nio have responded with price cuts, amidst a slowdown in China's new energy vehicle market growth. Xiaomi aims to attract 20 million premium users in China with the SU7, having received 120,000 orders within 36 hours of launch.

Portfolio Pulse from Benzinga Neuro

April 02, 2024 | 3:17 am

ARKK

COIN

HOOD

NVDA

TSLA

Cathie Wood's Ark Invest purchased nearly $15M worth of Tesla (TSLA) shares, despite a potential Q1 delivery miss causing a temporary drop in Tesla's stock price. Ark also continued selling shares of Nvidia (NVDA), Coinbase (COIN), and Robinhood (HOOD), with Coinbase remaining ARKK's top holding. Tesla's Q1 deliveries are anticipated to be lower than previous quarters, but Ark remains bullish on Tesla, expecting it to reach $2,000 by 2027.

Portfolio Pulse from Shanthi Rexaline

April 02, 2024 | 2:53 am

DOGEUSD

Crypto analyst Kaleo highlighted a potential repeat by Elon Musk of last year's move that significantly boosted Dogecoin's (DOGE) value around April Fool's Day. Musk had changed the Twitter (now X) logo to Dogecoin, causing a surge in its price. Despite Musk's silence on Dogecoin this year, speculation is rife about a possible repeat. Dogecoin, known as a pioneer meme coin, has seen a 125% increase since the start of 2024, with a 42.6% gain over the last 30 days.

Portfolio Pulse from Benzinga Neuro

April 02, 2024 | 2:36 am

HYMTF

KIMTF

TSLA

Hyundai Motor Co and Kia Corp are intensifying their electric vehicle (EV) efforts to compete with Tesla Inc, according to Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management. Despite being cheaper, Gerber believes these EVs are not as good as Tesla's offerings. The South Korean government is supporting Hyundai and Kia with new EV policies, while Tesla continues to face challenges, including concerns about a potential production slump.

Portfolio Pulse from Benzinga Neuro

April 02, 2024 | 1:45 am

SHFS

Safe Harbor Financial (NASDAQ:SHFS), a key player in financial services for the cannabis industry, reported a significant increase in its annual revenue for 2023, with a 85.3% rise to $17.6 million from $9.5 million in 2022. The company also saw a 25% increase in Q4 revenue to $4.5 million and a 176.9% surge in Adjusted EBITDA to $3.6 million. This growth is attributed to new product introductions, an increase in deposit and activity income, and the acquisition of Rockview Digital Solutions Inc. Despite these positive results, SHFS's stock dropped by 3.63% to $0.93 per share.

Portfolio Pulse from Nicolás Jose Rodriguez

April 02, 2024 | 1:35 am