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HIVE

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) has announced a $25 million bought deal private placement of 5 million special warrants at $5 each to support its Bitcoin production and expand its green mining operations by 100MW. The deal is led by Stifel Canada and Canaccord Genuity, with an option for the underwriters to purchase an additional 15% of the special warrants. The offering is contingent on regulatory and corporate approvals.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 4:44 pm

IDXX

IDEXX Laboratories (NASDAQ:IDXX) has significantly outperformed the market with an average annual return of 26.17% over the past decade. A $100 investment in IDXX 10 years ago would be worth $1,028.67 today. IDEXX's market cap currently stands at $44.85 billion.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 4:30 pm

ARKF

ARKK

ARKW

PLTR

Palantir Technologies, Inc. (NYSE:PLTR) announced a one-year contract extension with the U.S. Army, with a total value of $115.04 million. Ark Invest purchased 1,578,738 Palantir shares across three ETFs: ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW), and Ark Fintech Innovation ETF (ARKF), valued at $27.04 million. Palantir's stock is trading near its 52-week high with a slight increase of 0.70% at $17.97.

Portfolio Pulse from Erica Kollmann

December 19, 2023 | 4:23 pm

URI

United Rentals (NYSE:URI) has significantly outperformed the market with an average annual return of 32.92% over the past 15 years. An initial investment of $100 in URI stock would now be worth $7,237.88. The company's current market capitalization stands at $38.82 billion.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 4:00 pm

Over the past 10 years, Gartner (NYSE:IT) has produced an average annual return of 20.42%, outperforming the market. A $1000 investment in Gartner a decade ago would now be worth $6,485.69. Gartner's market capitalization currently stands at $35.52 billion.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 4:00 pm

AAPL

The article provides an industry comparison of Apple (NASDAQ:AAPL) against competitors in the Technology Hardware, Storage & Peripherals industry. It highlights Apple's financial metrics, market position, and growth prospects. Apple's P/E ratio is below the industry average, suggesting growth potential, while its P/B and P/S ratios are above average, indicating potential overvaluation. Apple's ROE is significantly higher than the industry average, reflecting efficient profit generation. However, Apple's revenue growth is lower than the industry average, indicating a sales expansion slowdown. The article also touches on Apple's debt-to-equity ratio, which is moderate compared to its top 4 peers.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 4:00 pm

VRTX

Over the past 20 years, Vertex Pharmaceuticals (NASDAQ:VRTX) has produced an average annual return of 20.32%, outperforming the market. A $1000 investment in VRTX 20 years ago would be worth $40,432.16 today. Vertex Pharmaceuticals currently has a market cap of $103.67 billion.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 3:32 pm

FANG

Over the past decade, Diamondback Energy (NASDAQ:FANG) has delivered an average annual return of 11.54%, outperforming the market. A $100 investment in FANG 10 years ago would now be worth $297.74. The company's current market capitalization stands at $27.76 billion.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 3:32 pm

AAPL

AMZN

GLD

GOOG

META

MSFT

NVDA

QQQ

SLV

SMH

SPY

TSLA

USO

The article discusses the current state of the stock market, highlighting the strong performance of semiconductors as shown by the VanEck Semiconductor ETF (SMH) and the importance of market mechanics that have been driving the market higher, which are expected to end by December 29, 2023. It suggests that investors may need to take steps such as raising hedges, cash, and taking profits before the year ends. The article also notes strong housing starts, positive early trade money flows in major tech stocks and ETFs, and buying activity in gold and oil by the momo crowd. The Arora Report, known for its accurate market calls, suggests maintaining good long-term positions while holding cash or Treasury bills and adjusting hedge levels.

Portfolio Pulse from The Arora Report

December 19, 2023 | 3:23 pm

RSP

SPY

TLT

VOO

U.S. ETFs have reached a new milestone with assets under management surpassing $8 trillion. The growth is attributed to a strong stock market performance and investor inflows. The SPDR S&P 500 ETF Trust (SPY), Vanguard S&P 500 ETF (VOO), and Invesco S&P 500 Equal Weight ETF (RSP) experienced significant inflows in December. Bond ETFs like the iShares 20 Year Treasury Bond ETF (TLT) also saw substantial inflows. The top 10 U.S. ETFs each hold over $100 billion in assets, with SPY being the largest globally.

Portfolio Pulse from Piero Cingari

December 19, 2023 | 3:23 pm