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META

MSFT

The article compares the stock performance of Microsoft (MSFT) and Meta Platforms (META), formerly Facebook, from May 18, 2012, to November 29, 2023. A $1,000 investment in Microsoft in 2012 would have grown to approximately $12,951, while the same amount in Meta would have become about $8,687. Microsoft outperformed Meta by roughly $4,300 over the 11-year period. The article suggests that both companies are worth watching for future investment opportunities and also mentions the potential of investing in startups.

Portfolio Pulse from Chris Bibey

December 07, 2023 | 3:24 pm

SQ

Block, Inc. (NYSE:SQ) has launched Bitkey, a self-custody bitcoin wallet, in over 95 countries. Bitkey aims to empower users with true financial ownership by providing an easy-to-use mobile app, hardware device, and recovery tools. The wallet features a 2-of-3 multi-signature design for security without requiring long passwords. Bitkey has partnered with Coinbase and Cash App to facilitate bitcoin transfers to self-custody. Pre-orders are available, with shipping starting in early 2024.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 3:04 pm

SPY

USA Wholesale Inventories for October decreased by 0.4%, which is lower than the estimated decrease of 0.2% and down from the prior month's increase of 0.2%.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 3:00 pm

FILUSD

Filecoin (CRYPTO: FIL) has seen a 5.29% increase in price over the past 24 hours, reaching $4.95. Over the past week, FIL has gained 13.0%, rising from $4.36. Despite the recent gains, it is still far from its all-time high of $236.84. Trading volume has surged by 119.0% in the past week, and the circulating supply has grown by 0.62% to over 475.96 million, which is 24.27% of its max supply. Filecoin's market cap is currently ranked #32, valued at $2.35 billion.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 3:00 pm

ETCUSD

Ethereum Classic (CRYPTO: ETC) has seen a 4.99% increase in price over the last 24 hours, reaching $21.2. Over the past week, ETC has gained 14.0%, rising from $18.55. The coin's all-time high is $167.09. Trading volume for ETC has increased by 46.0% over the past week, and the circulating supply has risen by 0.08% to 143.20 million, which is 67.96% of the max supply. Ethereum Classic's market cap is currently ranked #27 at $3.03 billion.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 3:00 pm

EA

Over the past 10 years, Electronic Arts (NASDAQ:EA) has produced an average annual return of 20.56%, outperforming the market by 10.72% on an annualized basis. A $100 investment in EA stock a decade ago would be worth $619.76 today. The company's current market capitalization stands at $36.79 billion.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 3:00 pm

LINKUSD

Chainlink's (CRYPTO: LINK) price has decreased by 3.47% in the last 24 hours, now at $14.96, despite a 3.0% gain over the past week. The volatility is depicted by Bollinger Bands in the provided chart. Trading volume has risen by 29.0%, and the circulating supply has grown by 0.34% to over 556.85 million, which is 55.68% of the max supply. LINK's market cap ranks it 13th at $8.29 billion.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 3:00 pm

BTCUSD

BTTUSD

ETHUSD

Bitcoin and Ethereum experienced declines following the release of U.S. jobless claims data, with Bitcoin trading below $44,000 and Ethereum above $2,200. The global crypto market cap dropped by 1.2% to $1.58 trillion. ORDI was the top gainer, while BitTorrent (New) was the biggest loser among cryptocurrencies. U.S. initial jobless claims slightly exceeded expectations, rising by 1,000 to 220,000 for the week ending Dec. 2.

Portfolio Pulse from Avi Kapoor

December 07, 2023 | 2:41 pm

HTHIY

Hitachi (OTC:HTHIY) has issued the largest digital green bonds in Japan, totaling $68 million, with a coupon rate of 0.598%. Nippon Life Insurance purchased half of the offering. The bonds, which are part of Japan's move towards innovative issuance in the corporate debt market, will leverage the Green Tracking Hub to enhance transparency of environmental impacts. The hub is developed by Hitachi and JPXI, with blockchain support from BOOSTRY. Trading on the exchange is set to begin at the end of December.

Portfolio Pulse from Khyathi Dalal

December 07, 2023 | 2:38 pm

FNGS

MSOS

SPY

URNM

The article highlights top-performing ETFs, including SPDR S&P 500 ETF (SPY), Sprott Uranium Miners ETF (URNM), AdvisoryShares Pure US Cannabis ETF (MSOS), and MicroSectors FANG+ ETN (FNGS). SPY is up 20% YTD, while URNM, MSOS, and FNGS have shown significant returns over the last six to twelve months. The article provides technical analysis and potential trading strategies for each ETF, noting the historical performance of stocks in December and the potential for continued gains.

Portfolio Pulse from Cory Mitchell

December 07, 2023 | 2:35 pm