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BTCUSD

Bitcoin's recent underperformance against gold has sparked debate, with analyst TXMCtrades highlighting that Bitcoin and gold are not meaningfully correlated. Bitcoin's unique position as both a tech innovation and potential store of value differentiates it from gold, and its acceptance as 'new gold' is not yet widespread among investors.

Portfolio Pulse from Khyathi Dalal

August 28, 2024 | 6:07 pm

SERV

Serve Robotics Inc. (NASDAQ:SERV) has closed a $20 million private placement and warrant exercise, leading to a positive impact on its stock price.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 5:36 pm

BLDR

HWM

LYFT

NVT

RUN

UAL

VRT

ZIM

The article discusses unusual options activity for several industrial stocks, highlighting potential trading opportunities. It provides details on call and put options for companies like GE, LYFT, ZIM, HWM, NVT, BA, BLDR, UAL, RUN, and VRT, with varying sentiments and expiration dates.

Portfolio Pulse from Benzinga Insights

August 28, 2024 | 5:35 pm

AAPL

AMD

CRM

IBM

NTNX

NVDA

OKTA

PLTR

SMCI

The article highlights unusual options activity in the Information Technology sector, focusing on large transactions by 'whales' in stocks like NVDA, AMD, AAPL, SMCI, MU, NTNX, PLTR, CRM, OKTA, and IBM. These activities can indicate potential trading opportunities.

Portfolio Pulse from Benzinga Insights

August 28, 2024 | 5:35 pm

MNTS

Masaya Otsuka has reported a 9.53% passive stake in Momentus as of August 23, 2024, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 5:05 pm

ARES

The NFL has approved private equity investments in teams, allowing funds like Ares Management Corp, Blackstone Inc, and Carlyle Group Inc to own up to 10% of a team. This change could increase competition for team ownership, affecting billionaires like Jeff Bezos who may be interested in purchasing teams like the Seattle Seahawks.

Portfolio Pulse from Chris Katje

August 28, 2024 | 4:59 pm

ETHUSD

Ethereum co-founder Vitalik Buterin has expressed his strong belief in Ethereum (ETH) as a store of value, revealing that 90% of his net worth is in ETH. This statement addresses the Ethereum team's hesitance to promote ETH's monetary aspects, possibly due to regulatory concerns. Buterin's stance highlights his confidence in Ethereum's long-term value, despite the development team's focus on its technological aspects.

Portfolio Pulse from Murtuza Merchant

August 28, 2024 | 4:46 pm

CDE

EXK

GDX

GDXJ

OGC

PAAS

TXG

Gold prices fell as U.S. Treasury yields stabilized and the dollar rebounded, leading to declines in gold mining stocks. The VanEck Gold Miners ETF (GDX) and VanEck Junior Gold Miners ETF (GDXJ) both dropped by 2.5%, with individual miners like Torex Gold, Endeavour Silver, and others seeing significant declines.

Portfolio Pulse from Piero Cingari

August 28, 2024 | 3:36 pm

MRK

The article provides a comprehensive comparison of Merck & Co (NYSE:MRK) with its competitors in the Pharmaceuticals industry, highlighting its financial metrics and market position. Merck's P/E, P/B, and P/S ratios suggest potential undervaluation, but its ROE, EBITDA, gross profit, and revenue growth indicate underperformance compared to industry averages. The company's lower debt-to-equity ratio is a positive indicator of financial health.

Portfolio Pulse from Benzinga Insights

August 28, 2024 | 3:00 pm

CMCSA

The article provides a comprehensive analysis of Comcast (NASDAQ:CMCSA) and its competitors in the media industry, focusing on key financial metrics and market position. Comcast is trading at a premium with high P/E, P/B, and P/S ratios, but shows strong operational performance with high ROE, EBITDA, and gross profit.

Portfolio Pulse from Benzinga Insights

August 28, 2024 | 3:00 pm