Streetbeat News

Assets

UNP

Union Pacific Corp's rail network is experiencing disruptions due to severe winter weather conditions, including heavy snow, blizzards, ice, and power outages across Nebraska, Kansas, and Oklahoma. The inclement weather has also led to road closures, which are affecting the company's ability to transport crews needed to operate trains.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 4:47 pm

AL

BA

EADSY

Air Lease Corp (AL) provided an operational and financing update for Q4 FY23, reporting the delivery of 22 new aircraft, including models from Airbus (EADSY) and Boeing (BA). The company invested approximately $1.2 billion in aircraft during the quarter and sold seven aircraft for about $440 million. Air Lease's fleet now includes 463 owned and 78 managed aircraft, with 334 new aircraft on order to be delivered by 2029. The company also increased its senior unsecured revolving credit facility to $7.4 billion. AL plans to announce Q4 FY23 results on February 15, 2024. In November, AL signed a lease agreement with EGYPTAIR for 18 new Boeing 737-8 aircraft. AL's stock is currently trading down by 0.91% at $40.15.

Portfolio Pulse from Lekha Gupta

January 09, 2024 | 4:46 pm

BTCUSD

Cryptocurrency experts anticipate a potential $570 billion inflow into Bitcoin with the launch of a spot Bitcoin ETF, citing unit bias, institutional adoption, and FOMO as key factors. Gabor Gurbacs and Jan van Eck suggest that an ETF makes Bitcoin more accessible and could lead to significant investment from RIAs. Alex Becker and The Crypto Dog argue that this event could lead to sustained growth rather than a short-term 'sell the news' dip. The overall sentiment is cautiously optimistic about the impact of the ETF on Bitcoin's market.

Portfolio Pulse from Murtuza Merchant

January 09, 2024 | 4:30 pm

MRVL

Marvell Tech (NASDAQ:MRVL) has delivered an average annual return of 9.19% over the past 20 years, turning a $1000 investment into $5,862.96 today. With a current market capitalization of $54.76 billion, the company has outperformed the market by 1.83% on an annualized basis.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 4:30 pm

UNP

Over the past 15 years, Union Pacific (NYSE:UNP) has produced an average annual return of 17.65%, outperforming the market by 5.47% on an annualized basis. A $100 investment in UNP 15 years ago would be worth $1,075.25 today. Union Pacific currently has a market capitalization of $145.89 billion. The key takeaway is the significant impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 4:30 pm

BX

Investors have shown mixed sentiment in Blackstone (NYSE:BX) options, with equal bullish and bearish positions. Benzinga's options scanner revealed 10 transactions, with a price target range of $110 to $125. Blackstone, a major asset manager with $1.001 trillion AUM, is currently trading at $120.58, down by -1.44%. Analysts have mixed reviews, with an average target price of $132. The company's earnings release is expected in 16 days.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 4:16 pm

DFS

Discover Financial Services (NYSE:DFS) has delivered an average annual return of 19.25% over the past 15 years, outperforming the market. A $1000 investment in DFS 15 years ago would be worth $12,933.80 today. The company's current market capitalization stands at $27.85 billion.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 4:00 pm

ANSS

Ansys (NASDAQ:ANSS) is evaluated against its competitors in the Software industry. It has a lower P/E ratio than the industry average, suggesting potential value. Its P/B ratio is also lower, indicating possible undervaluation, while its P/S ratio is higher, suggesting potential overvaluation relative to sales. Ansys has a lower ROE, EBITDA, gross profit, and negative revenue growth compared to the industry, indicating challenges in profitability, efficiency, and sales. However, Ansys has a favorable debt-to-equity ratio compared to its top 4 peers, suggesting a stronger financial position.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 4:00 pm

BTCUSD

ETHUSD

HNTUSD

KLAYUSD

Bitcoin and Ethereum saw price increases, with Bitcoin surpassing $46,000 and Ethereum above $2,200. Helium was the top gainer, while Klaytn was the biggest loser in the last 24 hours. The global crypto market cap increased by 1.9% to $1.7 trillion. Other notable gainers include Bonk, Bitcoin SV, Celestia, and Lido DAO, while losers include GMT, Axelar, Conflux, and Monero.

Portfolio Pulse from Avi Kapoor

January 09, 2024 | 3:59 pm

AAPL

AMD

AMZN

GOOG

META

MSFT

NVDA

QQQ

SPY

TSLA

NVIDIA Corp (NVDA) stock experienced a breakout with higher volume, contributing to a 320% gain for The Arora Report members who bought at an average price of $125.51. Announcements from NVDA and Advanced Micro Devices, Inc. (AMD) about new AI chips have spurred a buying frenzy in AI and tech stocks. NVDA's GeForce RTX SUPER desktop GPUs for AI desktops can now be exported to China. The market is also anticipating key inflation data with CPI and PPI reports due later this week. European markets are facing pressure, and early trade money flows are positive for NVDA but negative for other tech giants. The momo crowd is actively buying stocks and oil, while smart money activity is undisclosed. Bitcoin has surged above $47,000 on expectations of ETF approval. The Arora Report advises investors to maintain a balance of cash, hedges, and investments to capitalize on new opportunities.

Portfolio Pulse from The Arora Report

January 09, 2024 | 3:58 pm