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ADP

Automatic Data Processing (NASDAQ:ADP) has delivered an average annual return of 12.9% over the past 10 years, outperforming the market. A $1000 investment in ADP a decade ago would now be worth $3,402.98. ADP's market capitalization stands at $97.06 billion.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 6:00 pm

AMP

Over the past 15 years, Ameriprise Financial (NYSE:AMP) has yielded an average annual return of 21.07%, outperforming the market. A $1000 investment in AMP 15 years ago would be worth $18,151.38 today. Ameriprise Financial currently has a market cap of $38.67 billion.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 6:00 pm

ETHUSD

On Sunday, 6,283.44 Ether (ETH) valued at approximately $14.45 million was burned due to the EIP-1159 upgrade implemented on the Ethereum blockchain. This upgrade introduced a variable base fee for transactions that is burned, reducing the supply of Ether. The current issuance rate of new Ether is 4% per year, expected to drop to 0.5-1% with Ethereum 2.0, potentially making ETH deflationary. The net annualized issuance rate for Ether was -6.27% yesterday.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 6:00 pm

SPY

Atlanta Fed President Bostic has stated that the Federal Reserve can maintain its restrictive policy stance to continue slowing down inflation, and he expects this process to remain orderly.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 5:41 pm

AMZN

CHWY

CVNA

KSS

NCLH

PDD

RIVN

SIG

TSLA

VFC

Whale activity in the Consumer Discretionary sector has been detected, with significant options trades on stocks like AMZN, TSLA, RIVN, PDD, CHWY, SIG, CVNA, NCLH, KSS, and VFC. The trades include both bullish and bearish sentiments, with varying expiration dates and strike prices. The total trade prices and volumes indicate substantial interest in these options, which could signal upcoming movements in the underlying stock prices.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 5:35 pm

IDXX

Over the past 10 years, IDEXX Laboratories (NASDAQ:IDXX) has produced an average annual return of 25.71%, outperforming the market. A $1000 investment in IDXX a decade ago would be worth $10,005.72 today. IDEXX has a current market cap of $45.03 billion.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 5:30 pm

VRTX

Vertex Pharmaceuticals (NASDAQ: VRTX) has significantly outperformed the market, with an average annual return of 18.8% over the past 15 years. An initial investment of $1000 in VRTX 15 years ago would now be worth $14,024.39. The company's current market capitalization stands at $106.68 billion.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 5:30 pm

JHG

The lithium market has seen a significant price drop from CNY 600,000/ton to below CNY 100,000/ton due to increased production and reduced demand in China. Chile is planning to open new lithium extraction areas, with major companies in talks with the government. Core Lithium has halted operations at its Finniss site due to market conditions. Janus Henderson (NYSE:JHG) remains optimistic about lithium, predicting a price normalization and increased M&A activity. Kali Metals had a successful IPO on the ASX, indicating continued investor interest in lithium exploration.

Portfolio Pulse from Stjepan Kalinic

January 08, 2024 | 5:20 pm

BTCUSD

Approximately $1.2 million in Bitcoin was transferred to Satoshi Nakamoto's original Genesis wallet, sparking speculation that the sender may be attempting to provoke a response from the anonymous Bitcoin creator. The wallet, which contains the first 50 BTC mined and is believed to have unspendable contents, has seen a surge in 'dust' transactions following the large transfer. New IRS rules require reporting of crypto receipts over $10,000, potentially forcing Nakamoto to reveal their identity.

Portfolio Pulse from Murtuza Merchant

January 08, 2024 | 5:15 pm

NSC

Over the past 20 years, Norfolk Southern (NYSE:NSC) has produced an average annual return of 14.52%, outperforming the market by 7.17% on an annualized basis. A $100 investment in NSC 20 years ago would be worth $1,493.92 today. Norfolk Southern currently has a market capitalization of $51.69 billion.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 5:00 pm