Streetbeat News

Assets

ALNY

Over the past 15 years, Alnylam Pharmaceuticals (NASDAQ:ALNY) has produced an average annual return of 16.59%, outperforming the market by 2.37% on an annualized basis. A $100 investment in ALNY 15 years ago would be worth $949.15 today, with the company currently valued at a market capitalization of $19.60 billion.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 9:00 pm

FMST

Foremost Lithium Resource & Technology's stock is trading higher following the submission of a $10 million application to the Government of Canada's Critical Mineral Infrastructure Fund.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 8:54 pm

PBR

Financial analysis of Petrobras Brasileiro (NYSE:PBR) options market shows a bearish trend with 66% of trades being bearish. The analysis revealed 33 unusual trades, with a significant portion being puts. The price target for PBR is between $13.0 and $19.0. The company, a Brazil-based integrated energy firm, has a current stock price of $17.7, with neutral RSI indicators and earnings expected in 13 days.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 8:45 pm

URI

United Rentals (NYSE:URI) has seen a decrease in short interest, with 3.26 million shares sold short, representing 5.54% of its float. This is a decline of 11.92% from its last report, taking traders an average of 3.65 days to cover short positions. The decrease in short interest may indicate a more bullish sentiment towards URI compared to its peers, where the average short interest as a percentage of float is 4.33%.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 8:30 pm

ROP

Roper Technologies (NYSE:ROP) has seen a decrease in short interest, with 1.36 million shares sold short, representing 1.28% of its float. This is a 13.51% decline from its last report, indicating a potential shift in market sentiment towards the stock. The current short interest is lower than the peer group average of 3.86%, suggesting Roper Techs is viewed more favorably compared to its peers.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 8:30 pm

ACN

Over the past 20 years, Accenture (NYSE:ACN) has produced an average annual return of 14.88%, outperforming the market by 7.2% annually. A $100 investment in ACN 20 years ago would now be worth $1,598.01. Accenture's current market capitalization stands at $237.20 billion.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 8:30 pm

MPTI

M-Tron Industries (NYSE:MPTI) has seen a 13.11% increase in short interest since its last report, with 163 thousand shares sold short, representing 9.32% of its float. This is significantly higher than its peer group average of 3.45%. The rise in short interest suggests a bearish market sentiment towards MPTI, but it's also noted that an increase in short interest can sometimes be bullish.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 8:30 pm

AAPL

ETHUSD

Jim Cramer, known for his fluctuating stance on cryptocurrency, hinted at a bullish outlook for Ethereum (ETH) on CNBC's 'Squawk On The Street.' He suggested that the approval of spot Bitcoin ETFs could lead to similar outcomes for Ethereum ETFs, potentially spurring another crypto market rally. Cramer's comments also included a controversial suggestion to swap Apple stock for Ethereum, citing the potential for Ethereum's value to only go up with the anticipation of ETF approval. This marks a significant shift from his previous cautious stance on crypto, following his sale of crypto holdings in 2021.

Portfolio Pulse from Adam Eckert

February 28, 2024 | 8:20 pm

TXRH

Texas Roadhouse (NYSE:TXRH) has seen a decrease in short interest, with the short percent of float falling 9.73% to 4.08%. This indicates fewer shares are being shorted, suggesting a potential shift in market sentiment towards the stock. The company's short interest is also below its peer group average of 8.93%, indicating less bearish sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 8:15 pm

DOGEUSD

Dogecoin (DOGE) experienced a 14% increase in value over the past 24 hours, reaching a price of $0.116, a high not seen since 2022. This surge is attributed to large whale transactions and bullish market sentiment. Notably, transactions over $100,000 rose significantly, and substantial amounts of DOGE were transferred to the Binance exchange. Additionally, open interest in DOGE derivatives surged by 29.6%, with trading volumes increasing by 125.6%. The price movement coincides with the Intuitive Machines Odysseus lunar mission, although there's no direct connection to Dogecoin. Amid a broader crypto market rally, Dogecoin's performance has drawn attention, with speculation about further price increases.

Portfolio Pulse from Khyathi Dalal

February 28, 2024 | 8:04 pm