The Genesis of a Bold Move Altimeter Capital founder and CEO Brad Gerstner recently made a strategic shift by acquiring Tesla Inc (TSLA) stock, influenced by what he described as a transformative ‘ChatGPT moment’ with the EV giant’s latest full self-driving release. Gerstner’s bold move reflects his contrarian philosophy – when pessimism pervades, his excitement ...
Every week, Benzinga’s Stock Whisper Index delves into the mysterious depths of the market, uncovering five stocks that are quietly gaining traction but have yet to enter the mainstream conversation. Investors are perennially scouring for hidden gems, unearthed treasures, and emerging stars in the financial universe. Amidst the vast expanse of investing strategies available, the ...
Deep-pocketed investors have been making waves in the realm of Merck & Co (MRK) options trading, signaling a significant shift in market sentiment. This uptick in activity, as observed by Benzinga, hints at potential substantial developments on the horizon. Today’s data unearthed by Benzinga’s options scanner revealed 11 unusual options activities concerning Merck & Co, ...
Benefitting from Nvidia’s Breakthrough Last week, the tech world gathered in San Jose for Nvidia’s unveiling of their latest chips, codenamed Blackwell. These chips are expected to enhance Nvidia’s already powerful h100 chips, providing a significant boost to the company. The ripple effect from this announcement is projected to benefit various AI stocks, adding to ...
Has the charm of the “Magnificent Seven” faded in 2024, revealing pricey facades beneath? The stocks that once ruled the market with an iron fist are now facing skepticism due to their inflated valuations. But is the entire cohort truly overpriced? Let’s embark on a journey to dissect this illustrious group of seven and determine ...
The Rise of the ‘Magnificent Seven’ As the S&P 500 surged from its bear market lows to record highs, a select group of stocks, dubbed the “Magnificent Seven,” stood out like stars in a western film. These stocks, akin to the legendary outlaws of the Old West, propelled the market upward with double or triple-digit ...
FOX has teamed up with the legendary filmmaker, Martin Scorsese, for an eight-part series titled Martin Scorsese Presents: THE SAINTS. This docudrama, scheduled to premiere in November 2024, will explore the heroic stories of eight individuals who exemplified faith through their extraordinary deeds. Conceived by Matti Leshem and crafted by Scorsese for Lionsgate Alternative Television, ...
Tesla’s Cybertruck and the Shifting Landscape In 2023, electric pickups took the automotive world by storm. Tesla Inc finally debuted its highly-anticipated Cybertruck, solidifying its reign as the EV king. However, even for Tesla, conquering mass production for this unique vehicle proved to be a complex endeavor. Toyota and Worksport: Pioneering the Future Not to ...
The Power of Taylor Swift With a financial performance that outshone most corporations, Taylor Swift raked in a staggering $1.82 billion in 2023, cementing her status as the biggest music artist of the year. The success was largely attributed to her Eras Tour, which amassed over $1 billion in revenue from ticket sales and merchandise. ...
The United States is reportedly gearing up to unveil a list of Chinese chipmaking facilities banned from acquiring crucial technologies. This development could rock the global semiconductor industry to its core. The Unveiling Per Reuters, the U.S. government is crafting a roster of sophisticated Chinese chip factories that will be restricted from procuring essential equipment. ...
