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ORCL

Over the past 20 years, Oracle (NYSE:ORCL) has produced an average annual return of 11.01%, outperforming the market by 3.5% on an annualized basis. With a current market capitalization of $291.44 billion, a $100 investment in Oracle stock 20 years ago would be worth $802.72 today. The article highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

December 25, 2023 | 7:01 pm

BTCUSD

Bitcoin (BTC) has experienced a significant rally in 2023, breaking through the $40,000 resistance level and recording a 150% increase. The number of Bitcoin wallets valued at $1 million or more has risen to 90,366, a 221% jump since the beginning of the year. The surge in Bitcoin's value has been accompanied by expectations of regulatory approval for a Bitcoin spot ETF, which could attract institutional investors. Companies like BlackRock Inc., Grayscale Investments, ARK Invest, and 21 Shares have applied for the ETF.

Portfolio Pulse from Mehab Qureshi

December 25, 2023 | 7:00 pm

BLK

BTCUSD

GBTC

The SEC met with representatives from firms including BlackRock Inc (BLK) and Grayscale Investments (GBTC) to discuss Bitcoin ETFs. A deadline of Dec. 29 has been set for final amendments, with potential approvals in early January 2024. The SEC will decide on an ARK Investments and 21 Shares proposal by Jan. 10. The SEC has previously rejected Bitcoin ETFs due to market manipulation concerns. Amendments include technical details and cash redemption allowances.

Portfolio Pulse from Mehab Qureshi

December 25, 2023 | 6:46 pm

EOG

EOG Resources (NYSE:EOG) has delivered an average annual return of 12.57% over the past 20 years, outperforming the market by 5.06% annually. A $100 investment in EOG 20 years ago would be worth $1,059.30 today. EOG Resources currently has a market capitalization of $71.30 billion.

Portfolio Pulse from Benzinga Insights

December 25, 2023 | 6:30 pm

AWK

Over the past decade, American Water Works (NYSE:AWK) has delivered an average annual return of 12.03%, outperforming the market. A $100 investment in AWK 10 years ago would be worth $311.68 today. The company's market capitalization stands at $25.62 billion.

Portfolio Pulse from Benzinga Insights

December 25, 2023 | 6:30 pm

ETHUSD

On Sunday, 4,548.49 Ether (ETH) valued at approximately $10.37 million was burned, permanently removing it from circulation. This is a result of the EIP-1159 upgrade implemented on August 5, 2021, which introduced a variable base fee for transactions that is burned. The current issuance rate of new Ether is 4% annually, 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 -3.47% yesterday, according to Glassnode.

Portfolio Pulse from Benzinga Insights

December 25, 2023 | 6:00 pm

JNJ

Johnson & Johnson (NYSE:JNJ) has seen a 12.73% increase in short interest since the last report, with 15 million shares sold short, representing 0.62% of available shares. It would take about 2.25 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop. JNJ has less short interest compared to its peer group average of 4.35%.

Portfolio Pulse from Benzinga Insights

December 25, 2023 | 5:30 pm

AMZN

Amazon.com (NASDAQ:AMZN) has delivered an average annual return of 22.64% over the past 10 years, outperforming the market by 12.76% on an annualized basis. A $1000 investment in AMZN stock a decade ago would be worth $7,800.29 today. Amazon's market capitalization stands at $1.58 trillion.

Portfolio Pulse from Benzinga Insights

December 25, 2023 | 5:30 pm

PYPL

PayPal Holdings (NYSE:PYPL) has seen a 9.89% increase in short interest since its last report, with 21.59 million shares sold short, representing 2.0% of its float. The short interest is below the peer group average of 6.05%. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop.

Portfolio Pulse from Benzinga Insights

December 25, 2023 | 5:15 pm

TAK

Takeda Pharmaceutical's (NYSE:TAK) short interest has increased by 11.54% since the last report, with 8.98 million shares sold short, representing 0.29% of available shares. It would take about 5.96 days to cover these short positions based on current trading volume. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop. Takeda has a lower short interest compared to its peer group average of 4.37%.

Portfolio Pulse from Benzinga Insights

December 25, 2023 | 5:15 pm