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MATICUSD

Polygon's (CRYPTO: MATIC) price has seen a significant increase of 4.74% over the past 24 hours, reaching $1.13. Over the last week, MATIC's price has risen over 6%, from $1.05. The coin's trading volume has surged by 22% in the past week, while its circulating supply slightly decreased by 0.08%, now at 92.83% of its max supply. Currently, MATIC's market cap ranks #17, valued at $10.32 billion.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 7:01 pm

BTTR

Better Choice Company (BTTR), a pet health and wellness firm, announced plans to seek non-equity capital solutions to fund R&D for a GLP1 supplement aimed at combating obesity in pets, following the acquisition of Aimia.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 7:01 pm

ETHUSD

Ethereum (ETH) has seen a 3.31% increase in price over the last 24 hours, reaching $3,588.46, continuing a positive trend with a 13.0% gain over the past week from $3,146.18. Its all-time high is $4,878.26. Trading volume for ETH has risen by 27.0% over the past week, while its market cap ranks #2 at $428.88 billion.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 7:00 pm

AHR

American Healthcare REIT Inc (NYSE:AHR) completed its IPO in February, offering 64.4 million shares at $12.00 each. The company, focusing on healthcare real estate, is now covered by Truist Securities, RBC Capital Markets, and JMP Securities with Buy, Outperform, and Market Outperform ratings respectively, and price targets ranging from $15 to $17. Analysts highlight the company's strong earnings growth potential, driven by post-COVID recovery and strategic relationships, despite its trading at a discount and the risks associated with its RIDEA structure and SNF operational exposure.

Portfolio Pulse from Vandana Singh

March 04, 2024 | 6:56 pm

CCL

Smart money investors have shown a significant interest in Carnival (NYSE:CCL) options, with a mix of bullish and bearish sentiments. Benzinga's options scanner revealed 16 unusual options trades, with a lean towards bullishness (56%) over bearishness (43%). The trades focus on a price range of $8.0 to $22.0 for CCL, indicating expectations of notable price movement. Carnival, the largest global cruise company, has seen its stock price slightly increase by 0.37% to $16.06, with an upcoming earnings release in 21 days.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 6:46 pm

AAPL

GOOGL

HPE

IWM

JBLU

M

NVDA

NYCB

TSLA

Stocks showed mixed performance with the Russell 2000 ETF outperforming major indices. Nvidia soared, while Apple, Alphabet, and Tesla faced declines. Gold and Bitcoin approached record highs. Macy's received a higher acquisition offer, and JetBlue ended its bid for Spirit Airlines due to regulatory issues. New York Community Bancorp saw a significant drop, and Hewlett Packard Enterprise surged post-earnings.

Portfolio Pulse from Piero Cingari

March 04, 2024 | 6:36 pm

ORCL

Financial giants have shown a bearish sentiment towards Oracle (NYSE:ORCL), with options trading analysis revealing 57% bearishness among traders. The trading activity indicates a price target range of $95.0 to $140.0 for Oracle. Notable options activity includes both bullish and bearish positions, with a significant bearish call trade for a strike price of $120.00 expiring on 07/19/24. Oracle's current market position shows a slight decrease in stock price to $113.75, with neutral RSI indicators and upcoming earnings in 11 days.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 6:32 pm

PDD

Whales have shown a bullish stance on PDD Holdings (NASDAQ:PDD), with options trading indicating a mix of bullish and bearish expectations. Analysis of 71 trades shows a preference for calls over puts, with significant activity aiming for a price range between $50.0 and $180.0. The largest trades include both bearish and bullish sentiments, with notable options expiring between April 2024 and June 2024. PDD Holdings, a multinational commerce group, has seen its stock price slightly increase, with an RSI indicating a neutral position. The company's next earnings report is expected in 14 days.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 6:17 pm

ETH-USD

On Sunday, 10,910.86 Ether (ETH) worth $38.7 million 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 current issuance rate of new Ether is 4% per year, expected to drop to 0.5-1% with Ethereum 2.0, potentially making ETH a deflationary currency. The net annualized issuance rate for Ether was -13.15% yesterday.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 6:00 pm

BTCUSD

Bitcoin (BTC) reached new all-time highs in euros and British pounds, trading as high as EUR61,558.63 and GBP52,607.2, respectively. Its market capitalization is now $1.3 trillion, with the global cryptocurrency valuation at $2.47 trillion. The European Central Bank criticized Bitcoin, calling it prone to fraud and manipulation, and lacking fair value. Despite this, Bitcoin's performance against major currencies continues to strengthen, with anticipation building for it to reach new highs against the U.S. dollar.

Portfolio Pulse from Khyathi Dalal

March 04, 2024 | 5:52 pm