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HBARUSD

Hedera's cryptocurrency (HBAR) has seen a 5.41% increase in price over the last 24 hours, reaching $0.08, and a 16% increase over the past week from $0.07. Despite a 1% decrease in trading volume over the week, the circulating supply has grown by 0.13% to 33.58 billion, which is 67.15% of the maximum supply. Hedera's current market cap is $2.62 billion, ranking it 32nd in the market.

Portfolio Pulse from Benzinga Insights

December 13, 2023 | 3:00 pm

AMPS

ENIC

OPAL

PAM

Benzinga Insights identifies 5 value stocks in the utilities sector based on low P/E ratios: Altus Power (AMPS), Hawaiian Electric Indus (HE), Enel Chile (ENIC), Pampa Energia (PAM), and OPAL Fuels (OPAL). The article provides recent earnings per share (EPS) data and dividend yield changes for these companies, indicating their potential undervaluation.

Portfolio Pulse from Benzinga Insights

December 13, 2023 | 2:39 pm

ABBV

Over the past 10 years, AbbVie (NYSE:ABBV) has produced an average annual return of 11.05%, outperforming the market by 1.0% annually. A $100 investment in ABBV a decade ago would be worth $286.49 today, with the company currently valued at a market cap of $269.95 billion. The article highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

December 13, 2023 | 2:31 pm

BONKUSD

BTCUSD

ETHUSD

FTTUSD

Ahead of the Federal Reserve's decision, Bitcoin (BTC) and Ethereum (ETH) experienced declines, with BTC trading below $42,000 and ETH below $2,200. FTX Token (FTT) emerged as the top gainer, while Bonk (BONK) was the biggest loser. The global crypto market cap dropped to $1.55 trillion, a 1.8% decrease over 24 hours. U.S. producer prices remained steady in November, defying market expectations of a rise.

Portfolio Pulse from Avi Kapoor

December 13, 2023 | 2:30 pm

BRPHF

BTCUSD

ETHUSD

Mike Novogratz, CEO of Galaxy Digital, has revised his opinion on Ripple, acknowledging its growth and the dedication of the 'XRP army.' He remains skeptical about Bitcoin's use as a common currency for everyday transactions, citing its lack of widespread adoption for purchases. Novogratz also commented on U.S. fiscal policies and their potential long-term consequences. He expressed doubts about the success of an Ethereum ETF, suggesting that its performance may depend on the inclusion of staking rewards.

Portfolio Pulse from Murtuza Merchant

December 13, 2023 | 2:27 pm

AAPL

AMZN

GOOGL

IUSG

IUSV

META

MSFT

NVDA

TSLA

Growth stocks, particularly from the Information Technology and Communication Services sectors, have outperformed value stocks in 2023. The iShares Core S&P U.S. Growth ETF (IUSG) has seen a return of 26.42% over the past year, while the iShares Core S&P U.S. Value ETF (IUSV) has returned 15.47%. IUSG is heavily weighted towards tech sectors with top holdings like AAPL, MSFT, NVDA, GOOG, and TSLA. IUSV is more diversified, with a significant weight in the Finance sector and top holdings including MSFT, META, and AMZN. Despite value stocks showing better performance in the past month, growth stocks are expected to continue their momentum, especially with the expansion of AI technology.

Portfolio Pulse from Surbhi Jain

December 13, 2023 | 2:03 pm

NVDA

Over the past 20 years, NVIDIA (NASDAQ:NVDA) has produced an average annual return of 32.31%, outperforming the market with an annualized basis of 24.81%. A $1000 investment in NVDA 20 years ago would be worth $270,526.83 today. NVIDIA's market capitalization currently stands at $1.17 trillion.

Portfolio Pulse from Benzinga Insights

December 13, 2023 | 2:02 pm

BKNG

Booking Holdings (NASDAQ:BKNG) has significantly outperformed the market with an average annual return of 30.04% over the past 20 years. A $100 investment in BKNG 20 years ago would be worth $19,387.46 today. The company's current market capitalization stands at $118.71 billion.

Portfolio Pulse from Benzinga Insights

December 13, 2023 | 2:02 pm

QQQM

SPY

The Federal Reserve's policy decisions throughout 2023 have led to significant movements in the stock market. Despite initial expectations of a peak rate of 4.5%-4.75%, the Fed raised rates to 5.25%-5.5%. The hawkish stance in early 2023 led to a stock market dip, but as inflation rates fell and the Fed's tone softened, stocks rallied. The SPDR S&P 500 ETF (SPY) gained 21% year to date, while the Invesco NASDAQ 100 ETF (QQQM) rallied 50%. The final CPI reading for November showed inflation at 3.1%, fueling speculation that the rate-hike cycle may be over and potentially leading to easing in the spring.

Portfolio Pulse from Neil Dennis

December 13, 2023 | 1:30 pm

RNG

RingCentral, Inc. (NYSE:RNG) has announced the repurchase of approximately $253 million of its 0% Convertible Senior Notes due 2025 using $240 million in cash. This transaction is part of a strategy to manage debt using proceeds from the issuance of 8.500% Senior Notes due 2030. The repurchase is expected to close around December 15, 2023, leaving $161 million of the 2025 Convertible Notes outstanding.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 1:21 pm