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CDNS

Over the past 20 years, Cadence Design Sys (NASDAQ:CDNS) has produced an average annual return of 14.53%, outperforming the market. A $1000 investment in CDNS 20 years ago would be worth $15,091.81 today. Cadence Design Sys currently has a market capitalization of $74.71 billion.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 8:31 pm

BONEUSD

SHIBUSD

Shiba Inu (CRYPTO: SHIB) saw a 7.6% gain over the past week, with Tron founder Justin Sun withdrawing 577 billion SHIB tokens from Binance. The withdrawals coincided with SHIB's market rally and a listing of Bone ShibaSwap (CRYPTO: BONE) by Indodax. SHIB's market cap stands at $5.9 billion, despite a 1.3% price drop and a 39% trading volume decrease in the last 24 hours. SHIB holders show strong confidence with a 78% large holder concentration and 75% holding for over a year. Shibarium, associated with SHIB, reported low gas fees and high transaction numbers.

Portfolio Pulse from Khyathi Dalal

December 19, 2023 | 8:25 pm

ADBE

Adobe (NASDAQ:ADBE) has significantly outperformed the market with an average annual return of 26.06% over the past 10 years. An initial investment of $1000 in ADBE stock would now be worth $10,140.24. Adobe's market capitalization currently stands at $274.56 billion. The article highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 8:00 pm

BRPHF

Mike Novogratz, CEO of Galaxy Digital Holdings Ltd (BRPHF), predicts a 'parabolic move' for Bitcoin (BTC) in 2024, driven by a potential spot Bitcoin ETF approval and a dovish Federal Reserve. Bitcoin is up 150% YTD, and Novogratz suggests that if institutions add even 1% exposure to Bitcoin, demand will outstrip supply, pushing prices higher. He compares Bitcoin's potential to gold, indicating a long-term target of $200,000 to $250,000 per Bitcoin.

Portfolio Pulse from Adam Eckert

December 19, 2023 | 7:59 pm

PDD

PDD Holdings (NASDAQ:PDD) has delivered an impressive average annual return of 47.71% over the past 5 years, outperforming the market by 32.58% on an annualized basis. A $1000 investment in PDD 5 years ago would be worth $7,088.03 today. The company's current market capitalization stands at $196.54 billion.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 7:30 pm

BLK

BTCUSD

Bitcoin has seen a positive shift in sentiment with BlackRock Inc (NYSE:BLK) amending its spot Bitcoin ETF filing, signaling potential near-term approval. Analysts predict multiple spot Bitcoin ETF approvals before January 2024. Bitcoin's price has risen by around 1% in the past 24 hours, with a 2.6% increase over the past week. BlackRock's amended filing includes changes in redemption policy and indicates shares will be listed on Nasdaq under the ticker 'IBIT'.

Portfolio Pulse from Khyathi Dalal

December 19, 2023 | 7:23 pm

RUNEUSD

THORChain's cryptocurrency, RUNE, has seen a 5.34% decrease in price over the last 24 hours, continuing a weekly downward trend of -10%. The trading volume has decreased by 32%, while the circulating supply has slightly increased. Despite the decline, RUNE maintains a market cap ranking of #50, valued at $1.53 billion.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 7:03 pm

VETUSD

VeChain (CRYPTO: VET) has seen a 7.01% increase in price over the last 24 hours, reaching $0.03, and a 10% gain over the past week. The coin's all-time high is $0.28. Trading volume has risen by 2.0%, and the circulating supply has grown by 0.4% to 72.71 billion, which is 83.86% of the max supply. VeChain's market cap is currently ranked #38 at $2.35 billion.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 7:02 pm

PWR

Quanta Services (NYSE:PWR) has delivered an average annual return of 18.15% over the past 15 years, outperforming the market by 6.16% annually. A $100 investment in PWR 15 years ago would now be worth $1,213.36. The company's current market capitalization stands at $31.68 billion.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 7:00 pm