Streetbeat News

Assets

ALK

Alaska Air Group's (NYSE:ALK) short interest has increased by 7.01% since the last report, with 3.22 million shares sold short, representing 2.9% of available shares. The current short interest suggests a bearish market sentiment towards ALK, although it has less short interest compared to its peers' average of 9.17%. The article suggests that an increase in short interest does not necessarily predict a near-term price fall.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 7:15 pm

AMD

NVDA

TSM

US chipmakers, including Nvidia Corp and Advanced Micro Devices, Inc (AMD), are seeking additional federal subsidies as demand for AI technology chips surges, with requests totaling over $70 billion against the $39 billion allocated. The U.S. aims to increase domestic semiconductor production to reduce reliance on foreign chips and strengthen its supply chain. AMD is entering the AI accelerator market with its MI300 chip, targeting a market expected to exceed $400 billion in the next four years. Both AMD and Nvidia have seen significant stock gains this year, though concerns about Nvidia's valuation sustainability have been raised.

Portfolio Pulse from Anusuya Lahiri

February 27, 2024 | 7:14 pm

SHIBUSD

Shiba Inu (CRYPTO: SHIB) has seen a 7.2% increase in its trading level, reaching $0.00001, amid a broader surge in cryptocurrency markets, including a new 52-week high for Bitcoin. This rise is attributed to an 'altcoin season' where investors diversify into altcoins like Shiba Inu for potentially higher returns. The market's speculative nature further fuels interest in cryptocurrencies, with significant trading volumes and investor interest in cryptocurrency ETFs noted.

Portfolio Pulse from Henry Khederian

February 27, 2024 | 7:11 pm

UNIUSD

Uniswap's (CRYPTO: UNI) price has increased by 3.55% in the last 24 hours to $10.84, continuing a positive trend with a 45.0% gain over the past week from $7.47. The coin's all-time high is $44.92. Trading volume has surged 201.0% over the past week, and the circulating supply has slightly increased to over 753.77 million, representing 75.38% of its max supply. UNI's current market cap ranking is #17 at $8.16 billion.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 7:03 pm

LTCUSD

Litecoin (CRYPTO: LTC) has seen a 4.61% increase in price over the last 24 hours, reaching $74.09, continuing a positive trend with a 7.0% gain over the past week from $69.59. The coin's all-time high is $410.26. Trading volume has surged by 87.0% over the past week, and the circulating supply has slightly increased to over 74.25 million, representing 88.4% of its max supply. Litecoin's market cap ranking is now #22 at $5.50 billion.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 7:02 pm

BCHUSD

Bitcoin Cash (BCH) has seen a significant increase of 9.62% in its price over the last 24 hours, reaching $296.34. Over the past week, it has risen by over 12%, from $264.4. The coin's all-time high is $3,785.82. Trading volume for BCH has surged by 160% over the past week, and its circulating supply has slightly increased by 0.02% to over 19.65 million, representing approximately 93.59% of its maximum supply of 21 million. Currently, Bitcoin Cash's market cap ranks it 21st at $5.82 billion.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 7:02 pm

WBTCUSD

Wrapped Bitcoin (WBTC) has seen a significant price increase of 6.46% in the last 24 hours, reaching $56,961.00. Over the past week, its price has risen over 10%, from $51,458.89. The trading volume for WBTC surged by 94% over the same period, with its circulating supply now at 156 thousand, representing 100% of its max supply. Currently, WBTC's market cap ranks it as the 16th largest, valued at $8.93 billion.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 7:01 pm

AFG

Over the past 15 years, American Finl Gr (NYSE:AFG) has produced an average annual return of 15.21%, outperforming the market. A $100 investment in AFG 15 years ago would now be worth $861.26. The company currently has a market capitalization of $10.60 billion.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 7:00 pm

CSL

Over the past 5 years, Carlisle Companies (NYSE:CSL) has produced an average annual return of 22.98%, outperforming the market by 10.39%. A $1000 investment in CSL 5 years ago would now be worth $2,803.00. The company currently has a market capitalization of $16.73 billion.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 7:00 pm

SHIBUSD

Shiba Inu (CRYPTO: SHIB) experienced a 10.19% price increase over the past 24 hours, continuing a positive trend with a 9.0% gain over the past week. The trading volume for SHIB has increased by 133.0%, while its circulating supply slightly decreased by 0.04%, resulting in a current market cap ranking of #19 at $6.25 billion.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 7:00 pm