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AMD

Advanced Micro Devices (NASDAQ:AMD) has delivered an average annual return of 11.28% over the past 20 years, outperforming the market. A $100 investment in AMD 20 years ago would be worth $847.41 today. The company's current market capitalization stands at $237.93 billion. The article highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 2:31 pm

BLK

BlackRock Inc. CEO Larry Fink expressed his support for Ethereum ETFs, seeing them as valuable stepping stones towards the tokenization of financial assets. Fink, who was initially skeptical about cryptocurrencies, now views them as an asset class rather than a currency. His comments follow the SEC's approval of spot Bitcoin ETFs, which he believes will transform financial markets. Fink predicts that tokenization will enhance transparency and reduce issues like money laundering.

Portfolio Pulse from Murtuza Merchant

January 12, 2024 | 2:18 pm

META

Meta Platforms (NASDAQ:META) has delivered an average annual return of 20.51% over the past 10 years, outperforming the market by 10.55% on an annualized basis. A $1000 investment in META a decade ago would now be worth $6,411.63. The company's current market capitalization stands at $949.08 billion.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 2:00 pm

NVO

Over the past 10 years, Novo Nordisk (NYSE:NVO) has produced an average annual return of 18.74%, outperforming the market. A $1000 investment in NVO a decade ago would be worth $5,561.74 today. Novo Nordisk currently has a market cap of $476.90 billion. The article highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 2:00 pm

JPM

During a conference call, the CFO of JPMorgan stated that there should not be any pressure on the bank's multi-family commercial real estate portfolio.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 1:58 pm

BP

CVX

USO

XLE

XOM

Oil prices surged over 4% due to increased Middle East tensions after U.S.-led airstrikes on Houthi rebels in Yemen. Brent crude reached $80.50 a barrel, and WTI hit $75.02. The United States Oil Fund (USO) rose 3.5% in pre-market trade. The conflict raises concerns about oil flow through the critical Strait of Hormuz. Oil stocks like BP, Chevron, and ExxonMobil saw pre-market gains, as did the Energy Select Sector SPDR Fund (XLE). Refined products like gasoline and heating oil also moved higher.

Portfolio Pulse from Neil Dennis

January 12, 2024 | 1:25 pm

JPM

JPMorgan CFO Jeremy Barnum stated that the bank has no real exposure to Bitcoin ETFs, despite facilitating them for clients. He also mentioned that JPMorgan's consumer credit metrics are fully normalized.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 1:22 pm

WELL

Welltower (NYSE:WELL) has seen a 3.65% increase in short interest since the last report, with 7.57 million shares sold short, representing 1.99% of available shares. It would take about 3.63 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, Welltower has less short interest compared to its peer group average of 5.74%. The rise in short interest doesn't necessarily predict a stock price fall.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 1:15 pm

BAC

Bank of America has added 4.6 million credit card accounts in 2023, indicating potential growth in its consumer banking segment and possibly reflecting an increase in consumer spending or credit demand.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 11:47 am

BLK

Blackrock CEO Larry Fink discussed the potential value of an Ethereum ETF on CNBC, indicating a positive outlook on the integration of such an ETF into the market.

Portfolio Pulse from Charles Gross

January 12, 2024 | 11:28 am