Streetbeat News

Assets

A

Agilent Technologies (NYSE:A) has delivered an average annual return of 17.29% over the past 15 years, turning a $1000 investment into $10,761.26 today. The company's market capitalization stands at $43.76 billion.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 6:30 pm

APO

Over the past 10 years, Apollo Global Management (NYSE:APO) has outperformed the market with an average annual return of 12.95%, turning a $100 investment into $333.26 today. The company currently has a market capitalization of $63.50 billion.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 6:30 pm

MP

MP Materials (NYSE:MP) has seen a 12.0% increase in short interest since its last report, with 17.62 million shares sold short, representing 19.7% of its available trading shares. This indicates a bearish market sentiment towards MP Materials, as the short interest is significantly higher than its peer group average of 4.75%. The article suggests that while increased short interest can signal bearish sentiment, it can also present bullish opportunities under certain conditions.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 6:15 pm

ADSK

Autodesk's (NYSE:ADSK) short interest has decreased by 22.29% since the last report, with 2.76 million shares sold short, representing 1.29% of its float. This decline in short interest could indicate a more bullish sentiment towards ADSK among investors. Autodesk's short interest is below its peer group average of 3.74%, suggesting it is performing well compared to its peers.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 6:15 pm

UNG

USO

The latest report indicates a decrease in the number of U.S. oil and gas rigs, with oil rigs down by 1 and gas rigs down by 4. This reduction could signal changes in production levels and influence market dynamics.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 6:01 pm

U

Deep-pocketed investors show a divided sentiment towards Unity Software (NYSE:U), with options activity indicating both bullish and bearish positions. The options market for U has seen unusual activity, with a split between puts and calls suggesting uncertainty about the company's future price movement. The price band of interest ranges from $17.5 to $40.0. Unity Software, a platform for creating real-time 3D content, has seen its stock price slightly increase by 0.77% to $27.55. Analysts have a generally positive outlook, with target prices ranging from $31 to $35.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 6:01 pm

BLK

Recent analyst ratings for BlackRock (NYSE:BLK) show a mix of bullish and indifferent stances, with no bearish ratings. Over the last three months, six analysts have updated their views, leading to an upward revision in the 12-month price target to $848.0, a 10.23% increase from the previous target. BlackRock, the world's largest asset manager with $10.008 trillion in AUM, has shown a positive revenue trend and exceptional financial performance, despite a growth rate lower than the Financials sector average and challenges in asset utilization.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 6:00 pm

GPN

Global Payments (NYSE:GPN) has delivered an average annual return of 13.2% over the past 20 years, turning a $100 investment into $1,204.91 today. With a current market capitalization of $33.30 billion, GPN's performance highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 6:00 pm

LSCC

Lattice Semiconductor (NASDAQ:LSCC) has significantly outperformed the market with an annualized return of 32.33% over the past 5 years, turning a $100 investment into $633.23 today. The company's market capitalization stands at $11.52 billion.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 6:00 pm

ETH-USD

On Thursday, 14,656.93 Ether (ETH) worth $58,121,774 was burned, permanently removing it from circulation. This follows the EIP-1159 upgrade to the Ethereum blockchain, which introduced a variable base fee for transactions that is burned. The Ethereum network is currently issuing Ether at a 4% annual rate, expected to decrease with the Ethereum 2.0 upgrade, potentially making ETH a deflationary currency. The net annualized issuance rate for Ether was -19.02% yesterday.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 6:00 pm