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Assets

NWL

Pzena Investment Management, LLC has reported a 13.2% stake in Newell Brands Inc. (NWL) as of December 31, 2023, according to a 13G filing with the SEC.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 3:23 pm

STXUSD

Cryptocurrency Stacks (STX) has seen a 3.81% increase in price over the last 24 hours, reaching $1.52, despite a 2.0% decrease over the past week from $1.55. The coin's all-time high is $3.39. Trading volume has decreased by 36.0% over the past week, while the circulating supply has risen by 0.31% to 1.44 billion, 79.11% of its max supply. STX's market cap ranking is #43 at $2.18 billion.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 3:02 pm

GILD

Over the past 20 years, Gilead Sciences (NASDAQ:GILD) has produced an average annual return of 12.38%, outperforming the market by 4.85% on an annualized basis. A $1000 investment in GILD 20 years ago would be worth $10,302.57 today. Gilead Sciences currently has a market capitalization of $93.55 billion, highlighting the significant impact of compounded returns over time.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 3:00 pm

MELI

MercadoLibre (NASDAQ:MELI) has significantly outperformed the market with an average annual return of 36.32% over the past 5 years, turning a $1000 investment into $4,885.13 today. The company's market capitalization stands at $86.67 billion.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 3:00 pm

LDOUSD

Lido DAO's (CRYPTO: LDO) price has seen a 3.25% increase over the past 24 hours, reaching $2.84, despite a 1.0% decrease over the past week from $2.89. The cryptocurrency's all-time high is $7.30. Its trading volume has decreased by 13.0% over the last week, while its circulating supply has slightly increased, bringing the market cap to $2.55 billion, ranking it #37.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 3:00 pm

TGT

Target (NYSE:TGT) has seen a balanced mix of bullish and bearish options activity, with significant trades predicting a price range of $143.0 to $155.0. The analysis of options volume and open interest indicates a keen interest in this price window. Target, a leading U.S. retailer, is currently experiencing a stock price increase, trading at $149.0, which is up by 3.16%. The company's performance and the observed options activity suggest a potentially volatile period ahead, especially with an earnings release anticipated in 20 days.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 2:46 pm

DELL

Dell Technologies (NYSE:DELL) has significantly outperformed the market over the past 5 years, achieving an annualized return of 25.11%, turning a $100 investment into $315.79 today. The company's market capitalization stands at $58.70 billion.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 2:30 pm

SPSC

SPS Commerce (NASDAQ:SPSC) has delivered an average annual return of 18.94% over the past 10 years, outperforming the market by 8.39%. A $1000 investment in SPSC a decade ago would now be worth $5,505.99, showcasing the impact of compounded returns on investment growth. The company currently holds a market capitalization of $6.62 billion.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 2:30 pm

BTCUSD

ETHUSD

FXSUSD

The cryptocurrency market saw a slight increase, with Ethereum (ETH) surpassing the $2,300 mark and Dymension (DYM) emerging as the top gainer with a 46.2% increase over the past 24 hours. Bitcoin (BTC) also saw a modest rise, trading just below $43,000. The global crypto market cap reached $1.65 trillion, a 0.5% increase. Frax Share (FXS) experienced the largest drop, decreasing by 8.6%.

Portfolio Pulse from Avi Kapoor

February 07, 2024 | 2:29 pm

AAPL

GOVT

MSFT

NVDA

SPY

TSLA

Hedge funds experienced over $100 billion in withdrawals in 2023, continuing a trend from 2022 due to underperformance, particularly in equity long-short funds. Short sellers faced significant losses, notably in AAPL, MSFT, and TSLA. Meanwhile, investing in the S&P 500 index through SPY would have yielded a 24.3% return. U.S. Treasury funds underperformed, but the iShares US Treasury Bond ETF (GOVT) saw a 1.5% increase. New SEC rules may increase compliance risks and costs for hedge funds managing over $50 million.

Portfolio Pulse from Neil Dennis

February 07, 2024 | 2:17 pm