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MSTR

MicroStrategy Inc (NASDAQ:MSTR) reported a Q4 revenue decrease of 6.1% year-over-year to $124.5 million, missing the consensus estimate of $132.9 million. Adjusted earnings were $5.62 per share. The company saw declines in product licenses, subscription services, and other revenues. It raised approximately $1.2 billion from at-the-market offerings, ending the quarter with $46.8 million in cash. MicroStrategy increased its Bitcoin holdings to 189,150 at an average cost of $31,224 per coin. Shares were down 0.62% after hours.

Portfolio Pulse from Adam Eckert

February 06, 2024 | 9:21 pm

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ERIE

FNF

IAK

KBWP

KIE

KMPR

PGR

ZURVY

Deadly floods in Southern California have caused at least three deaths, widespread destruction, and a state of emergency. The floods have exacerbated the insurance crisis in the state, with insurers like Allstate Corp, State Farm, and Kemper Corp reducing their presence due to high costs from natural disasters. Despite the crisis, insurance stock prices and ETFs like SPDR S&P Insurance ETF, iShares US Insurance ETF, and Invesco KBW Property & Casualty Insurance ETF have shown minimal impact.

Portfolio Pulse from Natan Ponieman

February 06, 2024 | 9:10 pm

Ford plans to enhance capital efficiency by selectively reducing investments and setting higher expected returns for approved green initiatives. This strategic shift aims to optimize resource allocation and focus on more profitable and sustainable projects.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:09 pm

IMO

Over the past 5 years, Imperial Oil (AMEX:IMO) has outperformed the market with an annualized return of 16.51%, turning a $100 investment into $214.64 today. The company currently has a market capitalization of $30.77 billion.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 9:00 pm

MMC

Over the past 15 years, Marsh & McLennan (NYSE:MMC) has produced an average annual return of 15.84%, outperforming the market by 3.29% on an annualized basis. A $1000 investment in MMC 15 years ago would be worth $10,388.03 today. The company currently has a market capitalization of $94.58 billion. This showcases the significant impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 9:00 pm

MEDP

Over the past 5 years, Medpace Holdings (NASDAQ:MEDP) has outperformed the market with an annualized return of 24.18%, averaging 36.94% annually. A $100 investment in MEDP 5 years ago would now be worth $471.22. Medpace Holdings currently has a market capitalization of $9.06 billion.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 8:30 pm

BTCUSD

ETHUSD

XMRUSD

ZECUSD

Binance announced the delisting of Monero (XMR) along with Aragon (ANT), Multichain (MULTI), and Vai (VAI) effective Feb. 20, 2024, causing a 37% drop in XMR's value. This decision, influenced by concerns over the token's contribution to the ecosystem and potential unethical activities, also affects trading pairs with BTC, ETH, USDT, and BNB. Binance may convert delisted tokens into stablecoins post-May 20, 2024. This follows a trend of exchanges delisting privacy coins, with OKX also planning to delist Monero and Zcash.

Portfolio Pulse from Murtuza Merchant

February 06, 2024 | 8:30 pm

SPGI

Over the past 10 years, S&P Global (NYSE:SPGI) has produced an average annual return of 18.81%, outperforming the market. A $100 investment in SPGI a decade ago would be worth $567.89 today, showcasing the impact of compounded returns on investment growth. S&P Global currently has a market capitalization of $142.73 billion.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 8:00 pm

NANC

NVDA

Nancy Pelosi and her husband gained over $1 million from Nvidia (NVDA) call options, with the transaction occurring in November and the stake now worth over $3 million. Nvidia's strong performance and partnership with the U.S. government on AI research have contributed to its success. Pelosi's stock transactions, including a previous sale of Nvidia shares at a loss, have been scrutinized, especially in light of the CHIPS Act and her visit to Taiwan. The Unusual Whales Subversive Democratic Trading ETF (NANC) tracks stock trading activity of Democrats in Congress.

Portfolio Pulse from Chris Katje

February 06, 2024 | 8:00 pm

DIS

Deep-pocketed investors have shown a bullish sentiment towards Walt Disney (NYSE:DIS) options, with a notable increase in activity. Benzinga's tracking revealed 49 extraordinary options activities, with a majority leaning bullish. The significant trading activity suggests a price target range of $75.0 to $125.0 for DIS over the next three months. The analysis of volume and open interest in DIS options provides insights into market liquidity and interest. Current trading volume and a slight price increase in DIS stock are also highlighted, alongside a mention of its next earnings report.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 7:46 pm