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Assets

AZO

Over the past 5 years, AutoZone (NYSE:AZO) has produced an average annual return of 25.44%, outperforming the market by 11.64% on an annualized basis. A $1000 investment in AZO five years ago would be worth $3,166.83 today. AutoZone's market capitalization currently stands at $45.06 billion.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 6:00 pm

ETHUSD

On Wednesday, 11,681.83 Ether (ETH) valued at $26.1 million was burned due to the EIP-1159 upgrade implemented on the Ethereum blockchain, which introduced a variable base fee for transactions that is permanently removed from circulation. This has led to a net annualized issuance rate of -15.21% for Ether, indicating a move towards a deflationary currency, especially with the upcoming Ethereum 2.0 upgrade that is expected to further reduce the issuance rate.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 6:00 pm

SOL

An anonymous Solana trader turned $92 into $1.55 million in 16 days by trading a memecoin called Silly. The trader initially bought 20.5 million SILLY tokens with 0.7 SOL and later sold 5 million of them for 202,575 USDC. The remaining 15 million SILLY tokens are valued at approximately $1.35 million. This showcases the high-risk, high-reward nature of trading memecoins, which are known for their volatility and potential for rapid price changes.

Portfolio Pulse from Murtuza Merchant

December 21, 2023 | 5:43 pm

AMD

CLSK

CRWD

IREN

MSFT

MU

NVDA

SMCI

SNOW

U

Benzinga's options activity scanner has identified significant options trades in the Information Technology sector, indicating potential whale movements. Notable trades include bearish call options for NVDA and AMD, bullish call options for IREN, SNOW, MU, and SMCI, bullish put options for U and MSFT, a bearish put option for CRWD, and a neutral call option for CLSK. These trades may suggest expectations of future price movements for the underlying stocks.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 5:35 pm

EQIX

Over the past 5 years, Equinix (NASDAQ:EQIX) has outperformed the market with an average annual return of 17.84%, turning a $1000 investment into $2,341.35 today. Equinix currently has a market cap of $74.58 billion.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 5:30 pm

LOW

Over the past 20 years, Lowe's Companies (NYSE:LOW) has produced an average annual return of 11.05%, outperforming the market. A $100 investment in LOW 20 years ago would be worth $812.20 today. The company's current market capitalization stands at $129.00 billion.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 5:00 pm

SNPS

Synopsys (NASDAQ:SNPS) has significantly outperformed the market, with an average annual return of 46.59% over the past 5 years. A $100 investment in SNPS 5 years ago would be worth $707.28 today. The company's market capitalization stands at $83.75 billion.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 5:00 pm

DAL

Benzinga's options scanner revealed significant options activity on Delta Air Lines (NYSE:DAL), with 9 option transactions totaling $529,386 and 6 puts valued at $580,380. The focus is on a price range of $35.0 to $46.0 for DAL, based on trading volumes and open interest over the last three months. The largest options trades were bearish and bullish puts with expiration dates ranging from February 2024 to April 2024. Delta Air Lines, a major airline based in Atlanta, has seen its stock price increase by 1.39% to $40.9, with a trading volume of 2,649,349. The RSI indicates the stock may be overbought, and an earnings announcement is expected in 22 days.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 4:46 pm

BTC

IREN

Iris Energy Limited (NASDAQ:IREN) stock is trading higher after announcing its 10 EH/s Bitcoin mining expansion is fully funded, following a successful equity raising program. The expansion is ahead of schedule, and the company has started installing 248 NVIDIA H100 GPUs at its Prince George site for the generative AI market. Bitcoin (CRYPTO:BTC) is rallying near 2-year highs, trading at $43,778.78. Iris Energy's trading volume has surged past its 100-day average, with shares up 30% at $7.18.

Portfolio Pulse from Erica Kollmann

December 21, 2023 | 4:43 pm

BX

Over the past 5 years, Blackstone (NYSE:BX) has outperformed the market with an average annual return of 33.15%, significantly higher than the market average. An investment of $100 in BX stock 5 years ago would be worth $442.51 today. Blackstone's market capitalization currently stands at $96.16 billion.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 4:30 pm