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Assets

BLDR

Builders FirstSource has announced the pricing of a $1 billion offering of senior notes due in 2034. This move is part of the company's financial strategy to secure long-term financing.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 10:12 pm

COIN

DOGEUSD

PEPEUSD

SHIBUSD

Pepe (CRYPTO: PEPE) has seen a significant 23% daily gain, outperforming Dogecoin (DOGE) and Shiba Inu (SHIB) with a 54% increase month-over-month. Influencers on Crypto Twitter have been vocal about Pepe's potential, with some predicting further gains and others cautioning about a possible pullback. The entry of notable investors and speculation about a Coinbase Inc. (NASDAQ:COIN) listing have added to the excitement around Pepe.

Portfolio Pulse from Murtuza Merchant

February 26, 2024 | 10:04 pm

BTCUSD

The article discusses the Bitcoin halving event in April, highlighting various reactions from the crypto community, ranging from sarcasm to serious analysis. It explains the mechanics and implications of the halving, emphasizing its potential impact on Bitcoin's supply, price equilibrium, and scarcity. Jesse Myers of Onramp Bitcoin outlines six key points to understand the halving, including its effect on supply issuance, price, and the psychology of investors. The article also mentions Bitcoin's current trading price.

Portfolio Pulse from Ivan Crnogatić

February 26, 2024 | 9:57 pm

CDE

Coeur Mining, Inc. (CDE) announced a private placement of 7,704,725 flow-through shares for $25 million to fund exploration at the Silvertip Property. The proceeds will be used for Canadian Exploration Expenditures in British Columbia and Yukon. The offering, subject to a four-month hold period, aims to evaluate the silver, lead, and zinc resources. It is scheduled to close around March 8, 2024, and will not be offered in the U.S.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:55 pm

OCTO

Eightco Holdings Inc. (NASDAQ:OCTO) has completed its final repayment of the Hudson Bay Note ahead of schedule, reducing debt and enabling growth for its subsidiary Forever 8. The company also conducted a private placement at $0.82 per share and issued promissory notes to investors. Changes in company officers and the issuance of common stock to settle obligations were announced. These financial maneuvers aim to reduce costs and focus resources on Forever 8's growth.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 9:44 pm

CHAT

MAGS

META

NVDA

QQQ

Roundhill Investments' ETFs, particularly the Magnificent Seven (MAGS) and Generative AI & Technology (CHAT), have outperformed with a 15% surge since the year's start, drawing $100M in inflows in a month. The firm's focus on innovative ETFs like the metaverse (METV) and others in sports betting, cannabis, and Bitcoin strategies has contributed to its growth. Nvidia (NVDA) and Meta Platforms (META) are significant holdings in MAGS, while CHAT emphasizes companies with major revenue from AI.

Portfolio Pulse from Piero Cingari

February 26, 2024 | 9:32 pm

PGR

Over the past 10 years, Progressive (NYSE:PGR) has outperformed the market with an annualized return of 12.67%, averaging 23.1% annually. A $1000 investment in PGR a decade ago would be worth $8,025.70 today. Progressive's market capitalization stands at $113.38 billion, highlighting the significant impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 9:30 pm

CDW

Over the past 10 years, CDW (NASDAQ:CDW) has delivered an average annual return of 25.14%, outperforming the market by 14.71%. With a current market capitalization of $32.99 billion, a $100 investment in CDW a decade ago would be worth $949.60 today.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 9:30 pm

DOGEUSD

SHIBUSD

A crypto wallet turned $876 into $1.2 million in 91 days by trading tokens LILA, CRE, RSTK, GPU, and VRD, achieving a 57.4% win rate. The success story raises questions about fair play and insider information. Memecoins like DOGE and SHIB have not matched the growth of newer rivals but maintain higher market caps. Traders are cautioned about the risk of rug pulls with memecoins.

Portfolio Pulse from Khyathi Dalal

February 26, 2024 | 9:25 pm

ETHUSD

Ethereum (ETH) surged to $3,200, marking its first reach to this level since April 2022, with a 3.6% increase on the day. The upcoming Dencun upgrade in March and the potential approval of an Ether spot ETF in May are key drivers of this rally. The upgrade aims to address scalability issues and improve network efficiency. Ethereum's bullish trend follows Bitcoin's, with expectations of surpassing $4,000 if the ETF is approved. Open Interest in Ethereum has hit a two-year high, indicating increased market speculation and investment. Major firms like BlackRock, VanEck, and Grayscale are awaiting regulatory approval for their Ether ETF applications, with Coinbase named as custodian for five of these applications. However, the market sees only a 44% chance of ETF approval by May 31.

Portfolio Pulse from Khyathi Dalal

February 26, 2024 | 9:19 pm