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Assets

Over the past 20 years, Chubb (NYSE:CB) has delivered an average annual return of 10.15%, outperforming the market by 2.37% annually. With a current market capitalization of $102.12 billion, an initial investment of $100 in CB stock would now be worth $680.34.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 6:31 pm

AAPL

GLD

NYCB

SOXX

The S&P 500 and Nasdaq 100 hit record highs, driven by tech stock surges and semiconductor demand. Despite a contraction in the ISM Manufacturing PMI, expectations for Federal Reserve rate cuts remain. The iShares Semiconductor ETF (SOXX) saw significant gains, while Apple (AAPL) was removed from Goldman Sachs' conviction list. New York Community Bancorp (NYCB) shares plummeted due to internal control issues. The SPDR Gold Trust (GLD) is set for record highs. Major ETFs like SPY, DIA, and QQQ also saw gains, with the Technology Select Sector SPDR Fund (XLK) outperforming.

Portfolio Pulse from Piero Cingari

March 01, 2024 | 6:30 pm

AMAT

AMD

ASML

AVGO

SMH

TSM

A Reddit discussion highlights top semiconductor stocks and ETFs for long-term investment, including SMH, ASML, AMAT, AMD, AVGO, and TSM. The conversation covers diversified ETF investment, critical manufacturing roles, competitive dynamics, and strategic global expansion.

Portfolio Pulse from Surbhi Jain

March 01, 2024 | 6:28 pm

SPY

UNG

USO

The latest update shows an increase in the U.S. Baker Hughes oil rig count by 3 to 506 from 503 previously. The gas rig count remains unchanged at 0, bringing the total rig count to 629, up from 626.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 6:08 pm

SPY

UNG

USO

The latest U.S. Baker Hughes Oil Rig Count shows a decrease of 3 rigs to 506 from the previous 503, while the Gas Rig Count remains unchanged. The Total Rig Count has increased to 629 from 626.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 6:06 pm

ETHUSD

On Thursday, 14,696.13 Ether (ETH) worth approximately $50.2 million was burned, permanently removing it from circulation. This action follows the Ethereum blockchain's EIP-1159 upgrade, which introduced a variable base fee for transactions that is burned, reducing Ether's supply. The Ethereum network is currently issuing Ether at a 4% annual rate, expected to drop to 0.5-1% with the Ethereum 2.0 upgrade, potentially making ETH a deflationary currency. The net annualized issuance rate for Ether was -19.18% yesterday.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 6:00 pm

Boeing has informed its suppliers of a delay in the production increase of the 737 model. The new schedule indicates a gradual increase in output, reaching 42 units per month by June (previously February), 47 by January 2025 (previously August 2024), 52 by June 2025 (previously February 2025), and finally 57 by February 2026 (previously August 2025), according to Reuters citing sources.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 5:54 pm

IBKR

Interactive Brokers Group, Inc. (NASDAQ:IBKR) reported its February 2024 brokerage metrics, showing significant growth across various indicators. Daily Average Revenue Trades (DARTs) increased by 15% YoY and 11% MoM to 2.443 million. Client equity rose by 35% YoY to $448.2 billion, while margin loan balances grew by 21% YoY to $47.4 billion. Client credit balances reached $102.9 billion, a 5% increase YoY. The number of client accounts grew by 24% YoY to 2.69 million, with an average of 206 annualized cleared DARTs per account. The average commission per cleared Commissionable Order was $2.85.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 5:50 pm

AIG

BAC

BXMT

COIN

MKTX

SOFI

UPST

Today's session highlighted significant options activity for 10 financial stocks, indicating potential trading opportunities based on whale alerts. These alerts track large transactions, suggesting shifts in market sentiment. Notable bullish sentiment was observed in C, SQ, AIG, UPST, BXMT, and MKTX, while SOFI and COIN showed bearish sentiment despite call sweeps. BAC's put sweep also indicated bullish sentiment, and GS's call trade was bearish.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 5:35 pm