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Assets

DHAI

DIH Holding US announced a private placement of common stock, raising $1.5 million from OrbiMed. The deal includes the sale of 150,000 shares at $10 each, plus warrants for an additional 300,000 shares at the same price.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 7:17 am

BTCUSD

Bitcoin's price has surpassed $45,000 for the first time since Bitcoin ETFs were introduced in January, with predictions now aiming for a $50,000 target. LMAX Digital suggests a potential rise to $50,000, while Laurent Ksiss warns of possible profit-taking that could test lower levels. The surge is attributed to significant events in the cryptocurrency space, including the approval of Bitcoin ETFs and an increase in large Bitcoin wallets.

Portfolio Pulse from Benzinga Neuro

February 09, 2024 | 4:11 am

BURL

ESRT

Empire State Realty Trust announced that Burlington Stores has expanded its lease by 67,865 square feet, bringing its total occupancy to 170,763 square feet at 1400 Broadway.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 10:35 pm

SOLUSD

Solana (SOL) experienced a 5% increase despite a recent outage, with improving sentiment and rising trading volume indicating bullish sentiment among traders. The outage was quickly resolved, showcasing the community's trust in the network. Significant weekly inflows of $13.4 million into Solana, as reported by Coinshares, further highlight its growing investor interest. Matthew Dixon of EVAI Crypto Ratings predicts a positive outlook for Solana, expecting it to rally higher.

Portfolio Pulse from Khyathi Dalal

February 08, 2024 | 9:51 pm

AAPL

AMZN

GOOG

GOOGL

META

MSFT

NVDA

RSP

SPY

TSLA

The S&P 500 index reached 5,000 points, marking a new all-time high, with the SPDR S&P 500 ETF Trust (SPY) seeing a 21% surge over the last year. In contrast, the Invesco S&P 500 Equal Weight ETF (RSP) only gained 4% in the same period. The performance disparity is largely attributed to the 'Magnificent Seven' tech giants, including AAPL, MSFT, GOOG, GOOGL, AMZN, META, NVDA, and TSLA, which now constitute 29.3% of the S&P 500 and have contributed significantly to its returns.

Portfolio Pulse from Piero Cingari

February 08, 2024 | 9:33 pm

IDXX

IDEXX Laboratories (NASDAQ:IDXX) has significantly outperformed the market with an average annual return of 26.35% over the past 15 years, turning a $100 investment into $3,316.62. The company now has a market capitalization of $47.64 billion.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 9:30 pm

ALB

Over the past 20 years, Albemarle (NYSE:ALB) has produced an average annual return of 10.87%, outperforming the market by 3.31% on an annualized basis. A $100 investment in ALB 20 years ago would be worth $787.13 today. Albemarle currently has a market capitalization of $13.42 billion, highlighting the significant impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 9:30 pm

REG

Regency Centers Corporation (REG) provided its full year 2024 guidance, forecasting a Nareit FFO of $4.14-$4.20 per diluted share and EPS of $1.87-$1.93. The guidance reflects changes in net income, same property NOI growth, and various financial activities including G&A expenses, interest expenses, and development spending. Notably, the company anticipates no acquisitions and a significant reduction in dispositions cap rate.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 9:22 pm

MRAI

Marpai, Inc. (NASDAQ:MRAI) announced two key financial agreements: an amendment with AXA S.A. to delay payment obligations and secure $1.7 million in revenue-based financing from Libertas Funding, LLC. The amendment with AXA reduces the 2024 payment to $473,688 and delays further payments to 2025, with potential payment reduction criteria including maintaining NASDAQ listing. Marpai's CEO, Damien Lamendola, commits to investing $3 million in equity in 2024. The financing from Libertas, which has provided over $2.6 billion to businesses since 2016, will be used for short-term working capital needs.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 9:15 pm

KLAC

Over the past 20 years, KLA (NASDAQ:KLAC) has produced an average annual return of 12.81%, outperforming the market by 5.26% on an annualized basis. With a current market capitalization of $82.49 billion, a $1000 investment in KLAC 20 years ago would be worth $11,151.41 today.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 9:00 pm