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LINKUSD

Chainlink (CRYPTO: LINK) has seen a significant increase in its price, rising 7.08% in the last 24 hours to $19.44, and a 36.0% gain over the past week from $14.33. The coin's all-time high is $52.70. Trading volume surged 188.0% over the week, and the circulating supply increased by 3.82% to 587.10 million, about 58.71% of its max supply. Chainlink's market cap ranks it #11 at $11.48 billion.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 3:00 pm

SPY

The S&P Global Composite PMI for January was reported at 52.0, slightly below the estimated 52.3 but above the previous month's 50.9, indicating a modest expansion in economic activity.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 2:45 pm

PKG

Packaging Corp of America (NYSE:PKG) has seen a 5.26% increase in its short percent of float since the last report, with 1.52 million shares sold short, representing 2.0% of its available trading shares. This increase in short interest indicates a more bearish market sentiment towards PKG, although it has less short interest compared to its peer group average of 2.88%. The article suggests that while an increase in short interest can signal bearish sentiment, it can also present bullish opportunities under certain conditions.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 2:45 pm

CING

Cingulate (NYSE:CING) has seen a significant decrease in short interest, with a 70.09% drop since the last report, representing 9.81% of its float. This decrease in short interest could indicate a more bullish sentiment towards CING, despite it having a higher short interest than its peers, where the average is 4.16%. The current short interest suggests it would take about 1 day to cover all short positions, based on recent trading volumes.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 2:45 pm

BWXT

BWX Technologies (NYSE:BWXT) has seen a decrease in short interest, with short percent of float falling 10.89% to 1.8%. This indicates a potential shift in market sentiment towards a more bullish outlook compared to its peers, where the average short interest as a percentage of float is 2.66%. The current short interest suggests it would take traders approximately 3.02 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 2:45 pm

SPY

The S&P Global Services PMI for January was reported at 52.5, which is higher than the previous month's figure of 51.4 but lower than the estimated 52.9.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 2:45 pm

BTCUSD

ETHUSD

PENDLEUSD

RNDRUSD

Bitcoin and Ethereum saw gains, with Bitcoin surpassing the $43,000 level and Ethereum trading above $2,300. Pendle emerged as the top gainer, while Render was the biggest loser in the last 24 hours. The global crypto market cap increased to $1.65 trillion, marking a 0.6% gain. Other notable gainers include Terra Classic, Celestia, Chainlink, and FTX Token, with respective gains in their prices.

Portfolio Pulse from Avi Kapoor

February 05, 2024 | 2:44 pm

ALL

Over the past 15 years, Allstate (NYSE:ALL) has outperformed the market with an average annual return of 14.54%, turning a $100 investment into $704.72. The company currently has a market capitalization of $41.16 billion.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 2:30 pm

TMUS

Over the past 10 years, T-Mobile US (NASDAQ:TMUS) has delivered an average annual return of 18.12%, outperforming the market by 7.64% on an annualized basis. With a current market capitalization of $190.25 billion, an investment of $100 in TMUS stock a decade ago would be worth $533.09 today.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 2:30 pm

KITT

Nauticus Robotics has successfully raised $12 million in a second tranche of investment to further its technological advancements and market reach. This funding round is crucial for the company's growth strategy and expansion plans.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 2:11 pm