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CDP

COPT Defense Properties (NYSE:CDP) has surpassed its 2023 development and vacancy leasing targets. The company secured a long-term lease with a Fortune 100 company for a new development in Northern Virginia and leased space to a leading defense contractor in Huntsville, Alabama. COPT Defense leased 747,000 square feet for development and 452,000 square feet for vacancies, both exceeding their respective targets for the year.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 1:12 pm

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DIS

MDT

NVDA

Nvidia's stock price reached an all-time high, surpassing $550 in premarket trading. This surge followed a report by Reuters that Morgan Stanley Wealth Management has increased the weights of Walt Disney Co, Nvidia Corp, Medtronic Plc, and Deere & Co in its internally held portfolios.

Portfolio Pulse from Charles Gross

January 11, 2024 | 12:58 pm

WPC

W. P. Carey Inc. has sold a portfolio of 70 office properties that are net leased to the State of Andalusia for approximately $359 million. This transaction is significant as it involves a large number of properties and a substantial amount of money.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 12:40 pm

NLOP

Net Lease Office Properties (NLOP) sold four U.S. office properties in December 2023 for gross proceeds of about $43.1 million.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 12:31 pm

AMZN

NVDA

Nvidia Corp. (NVDA) is on track for a sixth consecutive day of gains, with a premarket increase of 1.07% to $549.29. The company has seen a 239% gain in 2023 and an additional 9.58% in the new year. Nvidia's market cap is at $1.342 trillion, nearing Amazon's (AMZN) $1.589 trillion. Nvidia's shares need to reach $644 to surpass Amazon's market cap. The upcoming quarterly earnings report on Feb. 21, with expected year-over-year revenue growth of 230%, is contributing to the positive sentiment.

Portfolio Pulse from Shanthi Rexaline

January 11, 2024 | 12:22 pm

BTCW

Wisdomtree has launched the Wisdomtree Bitcoin Fund (BTCW), marking a significant event in the cryptocurrency space as it joins the first wave of Bitcoin ETFs.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 12:12 pm

SUN

Sunoco LP has entered into a definitive agreement to sell 204 of its convenience stores to 7-Eleven Inc. for approximately $1 billion. Additionally, Sunoco announced plans to acquire liquid fuels terminals in Amsterdam, Netherlands, and Bantry Bay, Ireland, from Zenith Energy.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 12:02 pm

BTCUSD

Edward Jones' senior investment strategist, Mona Mahajan, views Bitcoin ETFs as a suitable investment for the speculative portion of portfolios, referring to it as 'lottery ticket money'. After a long wait, Spot Bitcoin ETFs have received U.S. regulatory approval and are expected to start trading. Mahajan suggests a diversified portfolio, including sectors like the 'Mag Seven', AI, equal-weighted S&P 493, value and cyclical sectors, and mid- and small-cap sectors. Standard Chartered and Fundstrat's Tom Lee predict significant rises in Bitcoin's value in the coming years.

Portfolio Pulse from Mehab Qureshi

January 11, 2024 | 11:58 am

CLNE

Clean Energy Fuels has announced the completion of a new renewable natural gas (RNG) production facility at Drumgoon Dairy in Lake Norden, South Dakota. This development is part of the company's ongoing efforts to expand its RNG production capabilities, which is a key component of its business strategy.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 11:58 am

LAZ

Lazard Ltd reported preliminary assets under management (AUM) of $246.7 billion as of December 31, 2023.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 11:56 am