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Assets

TJX

$1000 invested in TJX Companies (NYSE:TJX) 10 years ago would now be worth $2,933.40, reflecting an average annual return of 11.31%. TJX has outperformed the market with a current market cap of $105.16 billion. The article highlights the impact of compounded returns over time.

Portfolio Pulse from Benzinga Insights

January 03, 2024 | 6:00 pm

ETHUSD

A total of 4,010.57 Ether (ETH) worth approximately $8.9 million was burned on Tuesday, permanently removing it from circulation. This is a result of the EIP-1159 upgrade implemented on August 5th, 2021, which introduced a variable base fee for transactions that is burned. The current issuance rate of new Ether is 4% per year, expected to drop to 0.5-1% with the Ethereum 2.0 upgrade, potentially making ETH a deflationary currency. The net annualized issuance rate for Ether was -2.55% yesterday.

Portfolio Pulse from Benzinga Insights

January 03, 2024 | 6:00 pm

Manhattan's office attendance is rebounding, with visits to office buildings rising above the national average. Goldman Sachs Group Inc (GS) and Citigroup Inc (C) have seen significant increases in office visits due to strict return-to-office policies. The trend towards hybrid work is evident, with more employees coming in midweek. Recovery rates vary by neighborhood, influenced by factors like industry and commuting distances. Subway usage is recovering, indicating a return to pre-pandemic commuting patterns. This resurgence has implications for various stakeholders, including local businesses and real estate.

Portfolio Pulse from AJ Fabino

January 03, 2024 | 5:34 pm

CPRT

Over the past 20 years, Copart (NASDAQ:CPRT) has delivered an average annual return of 20.57%, outperforming the market by 13.2% on an annualized basis. A $1000 investment in Copart 20 years ago would be worth $42,624.36 today. Copart currently has a market capitalization of $45.48 billion.

Portfolio Pulse from Benzinga Insights

January 03, 2024 | 5:30 pm

NTES

Over the past 20 years, NetEase (NASDAQ:NTES) has produced an average annual return of 20.43%, outperforming the market by 13.06% on an annualized basis. A $100 investment in NTES stock 20 years ago would be worth $4,301.91 today. NetEase's current market capitalization stands at $60.35 billion.

Portfolio Pulse from Benzinga Insights

January 03, 2024 | 5:30 pm

ARBB

DATS

FLEX

HLIT

MINM

MLGO

MOBBW

NET

NXPI

PRSO

QIWI

SHOP

SNOW

TAOP

WOLF

XRX

ZBRA

Shares of tech companies including ARBB, DATS, FLEX, HLIT, MINM, MLGO, MOBBW, NET, NXPI, PRSO, QIWI, SHOP, SNOW, TAOP, WOLF, XRX, and ZBRA are trading lower due to a rise in Treasury yields, which can increase borrowing costs and reduce the present value of future earnings.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 5:29 pm

EGO

FCX

GFI

Precious metals stocks are trading lower in response to a decline in gold prices, which is attributed to a strengthening US dollar.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 5:16 pm

AEM

Agnico Eagle Mines (NYSE:AEM) has invested C$23.1 million (US$17 million) in Canada Nickel Company, acquiring a 12% equity interest, or 15.6% on a partially diluted basis. The investment follows a challenging year for nickel, which was the worst-performing metal on the London Metal Exchange in 2023, losing 45% of its value. Agnico's investment is part of its strategy to evaluate critical minerals opportunities and establish a presence in the emerging nickel belt in the Abitibi region.

Portfolio Pulse from Stjepan Kalinic

January 03, 2024 | 4:41 pm

COIN

QQQ

SPY

VOO

The article emphasizes the benefits of long-term investing, taking inspiration from Warren Buffett's approach. It argues against the pessimistic predictions of a recession and market lows, highlighting that markets have historically trended upwards. The article suggests buying and holding core stocks/ETFs like SPY, QQQ, and VOO, which are near all-time highs, regardless of market conditions. It also mentions the success of buying speculative stocks like COIN over time, which has seen a significant increase since 2022's drop.

Portfolio Pulse from Thrash Capital

January 03, 2024 | 4:32 pm

NOW

Over the past 5 years, ServiceNow (NYSE:NOW) has produced an average annual return of 29.31%, outperforming the market by 16.48% on an annualized basis. A $1000 investment in NOW 5 years ago would be worth $3,643.81 today. ServiceNow's market capitalization currently stands at $139.48 billion.

Portfolio Pulse from Benzinga Insights

January 03, 2024 | 4:30 pm