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ITW

Over the past 20 years, Illinois Tool Works (NYSE:ITW) has produced an average annual return of 9.36%, outperforming the market by 1.91% annually. A $100 investment in ITW 20 years ago would be worth $611.03 today. The company currently has a market cap of $75.21 billion. The article highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 6:31 pm

SHEL

Shell plc has agreed to sell a 60% stake in Brazos Wind Holdings and a 50% stake in Madison Fields to InfraRed Capital Partners. Shell will retain power offtake from Brazos and manage both assets, which will benefit from IRA tax credits. The sale is expected to complete by early 2024.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 6:06 pm

SPY

The U.S. 10-Year Treasury Note auction resulted in a yield of 4.296%, which is lower than the previous auction's yield of 4.519%.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 6:05 pm

KEYS

Over the past 5 years, Keysight Technologies (NYSE:KEYS) has produced an average annual return of 18.95%, outperforming the market. A $100 investment in KEYS 5 years ago would be worth $241.57 today. Keysight Techs currently has a market cap of $25.57 billion.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 6:00 pm

PLD

Over the past 10 years, Prologis (NYSE:PLD) has produced an average annual return of 12.89%, outperforming the market. A $100 investment in PLD a decade ago would be worth $337.83 today. Prologis currently has a market cap of $112.81 billion.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 6:00 pm

ETHUSD

On Sunday, 6,590.27 Ether (ETH) valued at approximately $14.5 million was burned, permanently removing it from circulation. This is a result of the EIP-1159 upgrade implemented on August 5, 2021, which introduced a variable base fee for transactions that is burned. The current issuance rate of new Ether is 4% annually, expected to drop to 0.5-1% with Ethereum 2.0, potentially making ETH deflationary. The net annualized issuance rate for Ether was -6.85% yesterday.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 6:00 pm

AAVE-USD

ETH-USD

LDO-USD

Lido's Total Value Locked (TVL) has surpassed $20 billion, with over 200,000 first-time ETH stakers in November. The platform's TVL increased by 18%, and its Ethereum staking token, Lido Staked Ether (stETH), saw a 10.34% increase. Despite the growth, concerns about centralization risks within the Ethereum community have been raised due to Lido's significant share of staked ETH.

Portfolio Pulse from Murtuza Merchant

December 11, 2023 | 5:38 pm

CAH

Over the past 5 years, Cardinal Health (NYSE:CAH) has outperformed the market with an average annual return of 16.38%, turning a $1000 investment into $2,040.27 today. The company currently has a market capitalization of $26.33 billion.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 5:30 pm

AAPL

AMZN

GLD

GOOG

META

MSFT

NVDA

QQQ

SPY

TSLA

USO

The stock market has rallied since early November, with the Invesco QQQ Trust Series 1 (QQQ) consolidating at the resistance zone's lower band. The Fed faces a challenge in tightening financial conditions without derailing the market, as the market may interpret their actions to fuel further gains. CPI and PPI data releases are anticipated, but the market's focus is on the upcoming FOMC meeting and Powell's press conference. Market mechanics, AI frenzy, and expectations of rate cuts in 2024 are driving the market higher. Deflation in China may help lower U.S. inflation, while Japan's yen fell after rate hike comments were walked back. Early trade money flows show positive trends for NVIDIA (NVDA) and Tesla (TSLA), but negative for Apple (AAPL), Amazon (AMZN), Alphabet (GOOG), Meta Platforms (META), and Microsoft (MSFT). The SPDR S&P 500 ETF Trust (SPY) and QQQ show mixed flows. Gold and oil trading are active, with the SPDR Gold Trust (GLD) and United States Oil ETF (USO) being the most popular ETFs. Bitcoin (BTC) dropped as whales sold at $45,000 instead of pushing for a run to $50,000.

Portfolio Pulse from The Arora Report

December 11, 2023 | 5:21 pm

NTES

Over the past 15 years, NetEase (NASDAQ:NTES) has produced an average annual return of 24.03%, outperforming the market with an annualized outperformance of 12.69%. A $1000 investment in NTES 15 years ago would be worth $27,015.38 today. NetEase's market capitalization currently stands at $67.95 billion.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 5:00 pm