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SPY

Federal Reserve Governor Michelle Bowman stated that it is not the time for lower interest rates, emphasizing that the housing market will not influence the Fed's decision on rate cuts. Additionally, new U.S. capital rule plans are expected to negatively impact lending.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 6:35 pm

VFC

VF Corporation's (NYSE:VFC) short interest has increased by 10.25% since the last report, with 29.00 million shares sold short, representing 8.39% of its available shares. This indicates a bearish market sentiment towards VFC, although it doesn't necessarily predict a near-term price drop. VF's short interest is slightly above its peer group average of 8.19%, suggesting more bearish sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 6:30 pm

ELF

e.l.f. Beauty (NYSE:ELF) has significantly outperformed the market with an annualized return of 66.58% over the past 5 years, leading to an average annual return of 78.73%. A $100 investment in ELF 5 years ago would now be worth $1,829.42. This showcases the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 6:30 pm

GS

Goldman Sachs Gr (NYSE:GS) has seen a decrease in short interest, with the short percent of float falling 7.46% since the last report, now at 1.24% of all shares available for trading. This decline in short interest could indicate a more bullish sentiment towards GS among investors. The company's short interest is also lower than its peer group average of 4.90%, suggesting it may be performing better than its peers in this aspect.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 6:30 pm

ODFL

Old Dominion Freight Line (NASDAQ:ODFL) has significantly outperformed the market with an average annual return of 32.15% over the past 15 years, turning a $100 investment into $6,314.35 today. The company currently has a market capitalization of $45.87 billion.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 6:30 pm

BTCUSD

Tom Lee of Fundstrat predicts Bitcoin (BTC) could reach as high as $150,000 within the year, citing supply-demand dynamics, upcoming halving event, and potential easing of monetary policy as key factors. Despite concerns over its use for illicit activities, Lee emphasizes Bitcoin's trustworthiness and potential to hit $500,000 in five years.

Portfolio Pulse from Adam Eckert

February 21, 2024 | 6:22 pm

SPY

The latest USA 20-Year Bond auction concluded with a yield of 4.595%, marking an increase from the previous auction's yield of 4.423%.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 6:02 pm

MSCI

Over the past 10 years, MSCI (NYSE:MSCI) has significantly outperformed the market, with an average annual return of 28.82%, turning a $1000 investment into $12,486.09 today. MSCI's market capitalization currently stands at $43.66 billion.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 6:00 pm

LSCC

Lattice Semiconductor (NASDAQ:LSCC) has significantly outperformed the market with an annualized return of 42.84% over the past 5 years, turning a $1000 investment into $5,830.23 today. The company's market capitalization stands at $9.81 billion.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 6:00 pm

ETH-USD

On Tuesday, 7,886.89 Ether (ETH) worth approximately $22.9 million was burned, permanently removing it from circulation. This action follows the Ethereum blockchain's EIP-1159 upgrade implemented on August 5th, 2021, which introduced a variable base fee for transactions that is burned. The current issuance rate of new Ether is 4% annually, expected to decrease to 0.5-1% with the Ethereum 2.0 upgrade, potentially making ETH a deflationary currency. The net annualized issuance rate for Ether was -8.53% yesterday.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 6:00 pm