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EWU

King Charles has been diagnosed with cancer and will postpone his public duties to undergo treatment. Despite the diagnosis, he remains positive about his treatment and plans to return to full public duty soon. He will continue to perform State duties, including meetings with the Prime Minister and Privy Council.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 6:03 pm

NSIT

Over the past 15 years, Insight Enterprises (NASDAQ:NSIT) has significantly outperformed the market, with an annualized return of 31.93%. A $1000 investment in NSIT 15 years ago would now be worth $60,285.25. The company currently has a market capitalization of $5.99 billion.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 6:00 pm

APO

Apollo Global Management (NYSE:APO) has delivered an average annual return of 12.38% over the past 10 years, outperforming the market by 1.89% annually. With a current market capitalization of $58.53 billion, an initial investment of $100 in APO 10 years ago would be worth $317.89 today.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 6:00 pm

ETHUSD

On Sunday, 3,396.50 Ether (ETH) worth approximately $7.8 million was burned, permanently removing it from circulation. This action follows the Ethereum blockchain's EIP-1159 upgrade on August 5, 2021, which introduced a variable base fee for transactions that is burned. The current issuance rate of new Ether is 4% annually, expected to drop to 0.5-1% with the Ethereum 2.0 upgrade, potentially making ETH a deflationary currency. The net annualized issuance rate for Ether was -1.50% yesterday.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 6:00 pm

DOCU

Deep-pocketed investors have shown a bearish trend towards DocuSign (NASDAQ:DOCU), with options trading data revealing a significant move. Benzinga's tracking highlighted 13 extraordinary options activities, with a sentiment split of 46% bullish and 53% bearish. The targeted price range for DOCU over the last 3 months is between $50.0 and $65.0. The current market status shows DOCU's price down by -1.41% at $57.3, with a neutral RSI. Analyst ratings vary, with a consensus target price of $66.0 but differing views from RBC Capital, JMP Securities, and Morgan Stanley.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 5:45 pm

BAC

COIN

NYCB

OSCR

Today's session highlighted significant options activity for several financial stocks, indicating potential trading opportunities. Notable movements include bullish sentiment on NYCB, MS, BAC, ABR, SOFI, HOOD, and JPM options, while COIN, OSCR, and CMA options showed bearish sentiment. This activity, tracked by Benzinga's options activity scanner, suggests investors are actively seeking positions that diverge from the market's normal valuation, potentially impacting the short-term price direction of these stocks.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 5:35 pm

AMZN

BURL

CPS

GCT

NIO

RIVN

SONO

TSLA

Today's whale activity in the Consumer Discretionary sector highlighted unusual options trading in stocks like TSLA, RIVN, SONO, F, BURL, AMZN, NIO, GCT, LI, and CPS. The activity ranged from bullish to bearish sentiments, with significant trades in both call and put options across various expiration dates and strike prices. This could indicate potential trading opportunities based on the whales' movements.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 5:35 pm

AAPL

AMD

NVDA

PLTR

Today's session highlighted significant whale activity in the Information Technology sector, focusing on options trading for companies like AAPL, NVDA, AMD, PLTR, ARM, ORCL, MSFT, SMCI, AVGO, and CLSK. The activity varied from bearish to bullish sentiments across different expiration dates and strike prices, indicating diverse market expectations for these stocks.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 5:35 pm

JBL

Over the past 15 years, Jabil (NYSE:JBL) has produced an average annual return of 22.88%, outperforming the market by 10.29%. A $100 investment in JBL 15 years ago would be worth $2,014.57 today. Jabil's market capitalization currently stands at $16.57 billion.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 5:30 pm

CSCCF

Capstone Copper Corp. (OTC:CSCCF) has entered into a $375 million Canadian dollar financing deal with Orion Mine Finance, led by RBC Capital Markets, to support its Chilean expansion, particularly the Mantoverde Development Project (MVDP). The deal involves issuing 47,620,000 common shares at CA$6.30 each, aiming to increase copper production by over 40% and reduce operating costs. The offering is expected to close on Feb. 8, 2024, with proceeds directed towards growth initiatives in Chile.

Portfolio Pulse from Stjepan Kalinic

February 05, 2024 | 5:04 pm