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MATICUSD

Polygon's (CRYPTO: MATIC) price has decreased by 3.02% over the past 24 hours to $0.84, despite an 8.0% increase over the past week. The trading volume has decreased by 44.0%, and the circulating supply has slightly dropped. Polygon's current market cap is $7.86 billion, ranking it #16.

Portfolio Pulse from Benzinga Insights

January 15, 2024 | 3:01 pm

BNBUSD

BNB (CRYPTO: BNB) has seen a 3.34% increase in price over the past 24 hours, reaching $314.59, and a 5.0% gain over the past week from $302.75. The coin's all-time high is $686.31. Trading volume for BNB has risen by 64.0% over the past week, and the circulating supply has increased by 0.1% to 153.86 million, which is 76.93% of the max supply. BNB's market cap is currently ranked #4 at $48.63 billion.

Portfolio Pulse from Benzinga Insights

January 15, 2024 | 3:00 pm

QCOM

Over the past 5 years, Qualcomm (NASDAQ:QCOM) has produced an average annual return of 20.46%, outperforming the market by 8.13% on an annualized basis. A $1000 investment in QCOM 5 years ago would be worth $2,559.80 today. Qualcomm's market capitalization currently stands at $155.50 billion.

Portfolio Pulse from Benzinga Insights

January 15, 2024 | 2:31 pm

MSFT

Over the past 5 years, Microsoft (NASDAQ:MSFT) has produced an average annual return of 29.25%, outperforming the market by 16.91%. A $100 investment in MSFT 5 years ago would be worth $366.07 today. Microsoft's market capitalization currently stands at $2.88 trillion.

Portfolio Pulse from Benzinga Insights

January 15, 2024 | 2:00 pm

NVDA

NVIDIA (NASDAQ:NVDA) has significantly outperformed the market with an average annual return of 46.38% over the past 15 years. An investment of $1000 in NVDA stock 15 years ago would be worth $303,522.88 today. NVIDIA's market capitalization currently stands at $1.35 trillion. The article highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

January 15, 2024 | 2:00 pm

DOGE

ETH

FLOKI

SHIB

TokenFi (CRYPTO: TOKEN), a sister token of Floki (CRYPTO: FLOKI), surged 33% in the past week, outperforming other meme coins like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). BlackRock CEO Larry Fink's comments on the potential of tokenization and the approval of spot Bitcoin ETFs by the SEC have been linked to the positive sentiment around TokenFi. Fink's belief in Ethereum-based ETFs as a step towards tokenization has been echoed by Floki Core contributor B Da Viking, emphasizing the importance of tokenization in the future of finance.

Portfolio Pulse from Mehab Qureshi

January 15, 2024 | 9:59 am

BRK

BYDDY

SGML

TSLA

Chinese EV manufacturer BYD Co Ltd, supported by Warren Buffett's Berkshire Hathaway, is in discussions with Brazilian lithium producer Sigma Lithium Corp regarding a potential acquisition. The talks could result in various outcomes, including a supply contract, joint venture, or full takeover. Sigma Lithium, valued at $2.9 billion, began exporting lithium from Brazil last year and is considering a strategic review that may lead to a sale or public listing of its Brazilian subsidiary. BYD's interest in Sigma aligns with its strategy to control significant parts of its supply chain. This move reflects China's ambition to dominate the clean tech industry's global resources. BYD has surpassed Tesla in battery-only EV sales and is expanding its international presence, including a new battery production facility in China and the launch of a chartered cargo ship for global EV exports.

Portfolio Pulse from Benzinga Neuro

January 15, 2024 | 8:51 am

GBTC

Bitcoin (BTC) is expected to drop to $38,000 according to 10x Research, following a 5% decline to $42,600 after the launch of spot ETFs in the U.S. The report cites a bearish RSI divergence and potential investor shift from the Grayscale Bitcoin Trust (GBTC) to lower-fee ETFs as reasons for the predicted decline.

Portfolio Pulse from Mehab Qureshi

January 15, 2024 | 8:11 am

AMZN

GOOG

GOOGL

KKR

SGAPY

Private equity firms KKR & Co Inc and Bain Capital are investing heavily in Asia's data center market, driven by the region's increasing demand for computing and data storage, fueled by AI and cloud services growth. KKR purchased a 20% stake in Singapore Telecommunications Ltd's data center business, while Bain Capital plans to privatize Chindata Group Holdings. The demand in Asia is expected to grow 25% annually until 2028, outpacing the U.S. Amazon has also announced significant investments in India to expand its cloud infrastructure.

Portfolio Pulse from Benzinga Neuro

January 15, 2024 | 8:02 am

BTCUSD

ETHUSD

A long-inactive Ethereum address transferred 2000 ETH after 8.5 years, coinciding with growing speculation about an ETH ETF. The reactivated wallet's ETH was originally purchased for $0.42 to $1.39, and with ETH's current price at $2,511, the value has soared. BlackRock CEO Larry Fink expressed support for an Ethereum ETF, and venture capitalist Vance Spencer predicted key blockchain milestones, including an ETH ETF and increased institutional adoption. However, TD Cowen anticipates SEC delays in Ethereum ETF decisions until at least May.

Portfolio Pulse from Mehab Qureshi

January 15, 2024 | 7:05 am