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Assets

SPY

USA Retail Inventories excluding automobiles for October decreased by 0.9%, matching the estimate and showing a decline from the previous 0.4%.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 3:04 pm

INTC

LNVGY

Lenovo has announced an expansion of its hybrid cloud platform for AI with new ThinkAgile hyperconverged solutions and ThinkSystem servers, powered by Intel's 5th Gen Xeon Scalable processors. These solutions aim to improve AI performance, cloud agility, and energy efficiency. Lenovo's TruScale for Hybrid Cloud offers as-a-service solutions for flexible AI performance, and the company has also introduced Professional Services for AI to guide organizations through IT deployments. The new offerings are designed to support AI, virtualization, and multi-cloud workloads and include partnerships with Microsoft, Nutanix, and VMware.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 3:02 pm

IQV

Over the past 5 years, IQVIA Hldgs (NYSE:IQV) has produced an average annual return of 15.24%, outperforming the market by 2.07% on an annualized basis. A $1000 investment in IQV 5 years ago would now be worth $2,028.88. IQVIA Hldgs currently has a market cap of $41.24 billion.

Portfolio Pulse from Benzinga Insights

December 14, 2023 | 3:01 pm

STETHUSD

Lido Staked Ether (STETH) has seen a 4.58% price increase over the past 24 hours, reaching $2,287.19. Over the past week, the price has risen over 1.0% from $2,258.44. The coin's all-time high is $4,829.57. Trading volume for STETH has surged 92.0% in the past week, and its circulating supply has grown by 0.11% to 9.22 million, which is the estimated max supply. STETH currently ranks #9 in market cap at $21.04 billion.

Portfolio Pulse from Benzinga Insights

December 14, 2023 | 3:00 pm

SHIBUSD

Shiba Inu (CRYPTO: SHIB) has seen a price increase of 4.71% in the last 24 hours, continuing a positive trend with a 1.0% gain over the past week. Despite the price rise, trading volume has decreased by 26.0%, and the circulating supply has slightly decreased by 0.24%. SHIB's current market cap is $5.84 billion, ranking it 18th.

Portfolio Pulse from Benzinga Insights

December 14, 2023 | 3:00 pm

WFC

Wells Fargo's (NYSE:WFC) short interest has decreased by 4.88% since the last report, with 28.18 million shares sold short, representing 0.78% of available shares. The short interest is below the peer group average of 0.80%. While a decline in short interest can indicate a more bullish sentiment, it does not necessarily predict a near-term price rise.

Portfolio Pulse from Benzinga Insights

December 14, 2023 | 2:45 pm

RMD

Over the past 20 years, ResMed (NYSE:RMD) has delivered an average annual return of 15.05%, outperforming the market. A $1000 investment in RMD 20 years ago would be worth $16,731.52 today. ResMed currently has a market cap of $25.31 billion.

Portfolio Pulse from Benzinga Insights

December 14, 2023 | 2:31 pm

BTCUSD

ETHUSD

FTTUSD

Bitcoin (BTC) and Ethereum (ETH) saw price increases, with BTC surpassing $43,000 and ETH above $2,300 following U.S. jobless claims data that came in lower than expected. The global crypto market cap rose by 4.9%. Bonk (BONK) emerged as the top gainer with a 50.3% increase, while FTX Token (FTT) was the biggest loser, dropping by 7.5%. Other notable gainers include WOO Network (WOO), Helium (HNT), ORDI, Injective (INJ), and Stacks (STX). Synthetix (SNX), UNUS SED LEO (LEO), and Monero (XMR) were among the losers.

Portfolio Pulse from Avi Kapoor

December 14, 2023 | 2:30 pm

CHK

EQT

EQT Corporation is reportedly planning to sell minority interests in wells within Pennsylvania's Marcellus shale region, with a potential value exceeding $3 billion. The company is working with an investment bank to auction these non-operating interests. EQT, which holds a 25% non-operating interest in assets operated by Chesapeake Energy Corporation, is looking to divest these stakes as part of its debt reduction strategy. As of September 30, 2023, EQT's total and net debt stood at $5.9 billion. EQT shares saw a premarket increase of 1.18% to $37.70.

Portfolio Pulse from Nabaparna Bhattacharya

December 14, 2023 | 2:25 pm

REG

Regency Centers has acquired The Longmeadow Shops in Longmeadow, MA, a fully leased neighborhood center with 100,000 square feet of space and a mix of national and local tenants. The financial terms of the acquisition were not disclosed. Regency Centers sees this acquisition as a strategic investment in the Northeast and plans to continue investing in portfolio growth.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 2:12 pm