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BTCUSD

ETHUSD

SOLUSD

Bitcoin and other cryptocurrencies have seen a stabilization after a sharp decline in liquidations, with total liquidations dropping from $652 million to $175 million in 24 hours. Bitcoin, Ethereum, and Solana experienced significant liquidations, but the market is showing signs of recovery. Analysts warn of continued uncertainty and advise caution, with some traders taking profits and others waiting for a potential Bitcoin ETF approval. Bitcoin's price was up 3.6% to $43,969, but trading volume decreased by 8.6%.

Portfolio Pulse from Khyathi Dalal

January 04, 2024 | 3:21 pm

AAPL

AMD

AMZN

BABA

CALM

CR

F

META

MSFT

TSLA

Cryptocurrencies Bitcoin, Ethereum, and Dogecoin experienced a crash with $600M in long positions liquidated. In US markets, Cal-Maine reported disappointing Q2 results, and the Fear & Greed Index moved to 'Greed' zone while the Nasdaq fell for the fourth consecutive day. AMD is anticipated to have a 25% upside potential due to 'GenAI'. Microsoft is adding a Copilot key to PCs and laptops. Alibaba faces challenges with a 75% share drop from its 2020 high. Meta's Mark Zuckerberg continues selling shares. Amazon may face competition from TikTok's US e-commerce expansion. Apple settles an iTunes gift card scam lawsuit. US chip stocks fall after a record-breaking 2023. In the EV sector, Tesla's stock dropped by 4%, and Ford adjusted F-150 Lightning prices. Crane Co. acquired Vian Enterprises for $103M, enhancing its aerospace segment. SpaceX faced labor issues, and copper prices are predicted to rise due to renewable energy transitions.

Portfolio Pulse from Akanksha Bakshi

January 04, 2024 | 3:17 pm

CMG

GOOG

GOOGL

HLT

QSR

SPY

Bill Ackman's Pershing Square Capital Management outperformed the S&P 500 in 2023 with a 26.7% return, surpassing the S&P 500's 24.2% gain. The hedge fund's rebound is attributed to strong performances from holdings like Chipotle Mexican Grill and Alphabet Inc, which saw increases of 63% and 55% respectively. Other contributors included Restaurant Brands International and Hilton Worldwide Holdings, with gains of nearly 25% and approximately 45%. The future performance of Pershing Square remains uncertain, with investor optimism hinging on potential FED rate cuts and inflation trends.

Portfolio Pulse from Surbhi Jain

January 04, 2024 | 3:09 pm

TRXUSD

TRON (CRYPTO: TRX) has seen a 3.22% increase in price over the last 24 hours, reaching $0.11. Over the past week, the price has risen over 2.0%, from $0.10. The coin's all-time high is $0.23. TRON's trading volume has increased by 10.0% over the past week, and the circulating supply has grown by 0.57%, bringing it to 88.30 billion. TRX's market cap is currently ranked #13 at $9.51 billion.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 3:04 pm

INJUSD

Injective (CRYPTO: INJ) has seen a significant price increase of 15.55% in the last 24 hours, reaching $38.15. Over the past week, INJ has gained 7.0%, though its trading volume has decreased by 3.0% and its circulating supply has dropped by 1.46%. The current market cap ranking for INJ is #31, with a valuation of $3.17 billion. The volatility of INJ is depicted through Bollinger Bands in the provided chart.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 3:04 pm

STETHUSD

Lido Staked Ether (STETH) has seen a 3.14% increase in price over the last 24 hours, reaching $2,265.10, despite a 4.0% decline over the past week. The coin's all-time high is $4,829.57. Trading volume has decreased by 43.0%, while the circulating supply has risen by 0.62% to 9.24 million, which is the total max supply. STETH's market cap is currently ranked #8 at $20.84 billion.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 3:02 pm

SHW

Over the past 20 years, Sherwin-Williams (NYSE:SHW) has produced an average annual return of 17.52%, outperforming the market. A $100 investment in SHW 20 years ago would be worth $2,521.25 today. Sherwin-Williams currently has a market capitalization of $75.51 billion.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 3:00 pm

BNBUSD

BNB (CRYPTO: BNB) has seen a 3.7% price increase over the past 24 hours to $321.56, despite a 3.0% decline over the past week from $327.78. The coin's all-time high is $686.31. Trading volume has decreased by 37.0% over the past week, while the circulating supply has risen by 0.17% to 153.86 million, which is 76.93% of the max supply. BNB's market cap is currently ranked #4 at $49.42 billion.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 3:00 pm

CCJ

The spot uranium price has reached a 10-year high at $92 per pound, driven by global efforts to expand nuclear power and supply challenges. Cameco (NYSE:CCJ), a major uranium producer, has seen its stock rise 89.7% in 2023 but recently stagnated despite the bullish uranium market. The company may need to purchase uranium to meet contracts and has the financial strength to invest in new projects. Long-term contracts, rather than spot market activity, typically dictate uranium trade, which could affect Cameco's operations.

Portfolio Pulse from Stjepan Kalinic

January 04, 2024 | 2:41 pm

BTCUSD

ETHUSD

Bitcoin (BTC) and Ethereum (ETH) saw price increases, with BTC surpassing $43,000 and ETH above $2,200. Beam (BEAM) was the top gainer, while XDC Network (XDC) was the biggest loser. The rise in cryptocurrency prices followed positive ADP employment data showing U.S. private businesses added more workers than expected in December. The global crypto market cap increased by 2.7% to $1.66 trillion.

Portfolio Pulse from Avi Kapoor

January 04, 2024 | 2:35 pm