Streetbeat News

Assets

SF

Stifel Financial Corp. (NYSE:SF) reported January 2024 operating data, highlighting a 1% increase in client assets under administration and fee-based assets to record levels of $447B and $167B, respectively. Despite a seasonal decline in sweep deposits, overall client cash remained stable. Bank loans saw a slight decrease, while client money market and insured products dipped by 1%.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:39 pm

APLS

Apellis Pharmaceuticals (NASDAQ:APLS) has significantly outperformed the market in the last 5 years, with an annualized return of 36.05%, growing a $100 investment to $451.80. The company now has a market capitalization of $8.01 billion.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 9:30 pm

FTNT

Over the past 10 years, Fortinet (NASDAQ:FTNT) has significantly outperformed the market, with an average annual return of 30.5%. A $1000 investment in FTNT a decade ago would be worth $14,518.65 today. Fortinet's market capitalization currently stands at $51.42 billion, highlighting the substantial growth and success the company has achieved over this period.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 9:30 pm

CTRA

Coterra Energy anticipates its Q1 total equivalent production to be between 660 to 690 MBoepd, with capital expenditures projected to range from $460M to $540M.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:14 pm

NOG

NOG (Northern Oil and Gas, Inc.) projects a significant production increase to 115,000-120,000 Boe per day in 2024, up ~20% from 2023. The company plans to allocate $825M-$900M in capital spending for 2024, focusing on the Permian, Williston, and Appalachian regions. This budget will cover various expenses including production, taxes, and operational costs, aiming for efficient growth and operational excellence.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:09 pm

INTU

Intuit (NASDAQ:INTU) has significantly outperformed the market with an average annual return of 25.13% over the past 15 years, turning a $100 investment into $2,866.37 today. The company's market capitalization stands at $181.94 billion.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 9:00 pm

APH

Over the past 20 years, Amphenol (NYSE:APH) has produced an average annual return of 17.97%, outperforming the market by 10.29% on an annualized basis. A $1000 investment in APH 20 years ago would be worth $26,803.33 today. Amphenol currently has a market capitalization of $63.92 billion.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 9:00 pm

KEX

Kirby Corporation's (NYSE:KEX) short interest has decreased by 10.36%, now representing 1.73% of its float with 1.01 million shares sold short. It would take approximately 3.78 days to cover these short positions. This decline in short interest could indicate a more bullish sentiment towards KEX among investors. Compared to its peers, Kirby has a lower short interest percentage of 1.73% against an average of 3.98%, suggesting it may be performing better or viewed more favorably than its competitors.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 8:45 pm

BTCUSD

ETHUSD

MATICUSD

Reddit has disclosed in an SEC filing that it has invested part of its excess cash reserves in Bitcoin and Ether. Additionally, the company has acquired Ether and Matic through sales of certain virtual goods, a practice it may continue in the future.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 8:35 pm

UBER

Recent unusual options activity in Uber Technologies (NYSE:UBER) indicates a bearish sentiment among deep-pocketed investors, despite a divided general mood with 35% bullish and 64% bearish. The activity includes 53 extraordinary options activities, with a price window eyed from $30.0 to $90.0. Significant trades include both bullish and bearish calls with expiration dates in 2025. Uber's current market status shows a 3.98% increase in price at $79.48, with RSI indicators suggesting it may be approaching overbought. Analysts have set an average price target of $83.8, with varying ratings from Buy to Market Outperform.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 8:30 pm