Streetbeat News

Assets

LNW

Light & Wonder's (NYSE:LNW) short interest has decreased by 5.96% since the last report, with 3.05 million shares sold short, representing 5.05% of its float. The current short interest is higher than its peer group average of 3.67%. This change in short interest could indicate a shift in market sentiment towards the stock.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 2:45 pm

CCK

Crown Holdings (NYSE:CCK) has seen a decrease in short interest, with the short percent of float falling 8.3% to 2.43%. This indicates a reduction in bearish sentiment among traders, as it now takes 3.0 days on average to cover short positions. Comparatively, Crown Holdings has a lower short interest than its peer group average of 2.72%, suggesting a relatively more bullish outlook among investors towards CCK.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 2:45 pm

BRK-A

BRK-B

CVX

OXY

Warren Buffett, through Berkshire Hathaway, holds a significant stake in Occidental Petroleum (OXY) and Chevron (CVX), endorsing U.S. oil production and shale projects. Despite regulatory changes and market volatility, Buffett remains committed to these investments, highlighting the strategic importance of domestic oil production and technological advancements in shale extraction.

Portfolio Pulse from Neil Dennis

February 26, 2024 | 2:44 pm

BTCUSD

ETHUSD

FLRUSD

Ethereum surpassed the $3,000 mark, while Flare emerged as the top gainer in the cryptocurrency market. Bitcoin saw a slight decline, trading above $51,000. The global crypto market cap experienced a minor drop of 0.3%, with Ethereum and Flare showing positive momentum. Worldcoin was the biggest loser in the last 24 hours.

Portfolio Pulse from Avi Kapoor

February 26, 2024 | 2:30 pm

CNC

Over the past 10 years, Centene (NYSE:CNC) has outperformed the market with an annualized return of 17.54%, turning a $1000 investment into $5,124.36. The company's market capitalization stands at $42.98 billion.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 2:30 pm

CMG

Over the past 10 years, Chipotle Mexican Grill (NYSE:CMG) has produced an average annual return of 16.3%, outperforming the market by 5.82% on an annualized basis. A $100 investment in CMG a decade ago would now be worth $477.23, showcasing the impact of compounded returns on investment growth. Chipotle's current market capitalization stands at $72.58 billion.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 2:30 pm

AMGN

Amgen has officially opened a new biomanufacturing site in Central Ohio, marking a significant expansion of its production capabilities.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 2:03 pm

PHM

Over the past 10 years, PulteGroup (NYSE:PHM) has delivered an average annual return of 17.59%, outperforming the market by 7.11% on an annualized basis. With a current market capitalization of $22.43 billion, a $1000 investment in PHM a decade ago would be worth $5,081.21 today.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 2:00 pm

UAL

Over the past 15 years, United Airlines Holdings (NASDAQ:UAL) has produced an average annual return of 17.72%, outperforming the market by 3.59%. A $100 investment in UAL 15 years ago would now be worth $1,068.08. The company currently has a market capitalization of $14.92 billion. This showcases the significant impact of compounded returns on cash growth over time.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 2:00 pm

BABA

NVDA

RIVN

TSLA

Cryptocurrencies trade mixed as Dogecoin mirrors 2023 bull market patterns, and Bitcoin's potential post-halving correction could target $40K. Rivian rebounds in premarket trading. Analysts predict a pause in US stock rally and discuss potential impacts of a second Trump presidency. International tensions rise with US-China relations and covert operations in Ukraine. Tech sector sees Nvidia's upside potential and Alibaba's optimism, while electric vehicle companies like Tesla and Rivian make headlines. Broadcom nears a strategic sale, and financial deals include Ant Group's acquisition of Credit Suisse's China unit.

Portfolio Pulse from Akanksha Bakshi

February 26, 2024 | 1:46 pm