Streetbeat News

Assets

COR

Cencora (NYSE:COR) has delivered an average annual return of 18.36% over the past 15 years, outperforming the market by 6.76% annually. A $1000 investment in COR 15 years ago would be worth $13,252.07 today. Cencora's market cap stands at $40.63 billion, with a current stock price of $203.73.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 7:00 pm

MATICUSD

Polygon's (CRYPTO: MATIC) price has risen 3.59% in the last 24 hours, reaching $0.84, and has seen a 10% increase over the past week. The coin's all-time high is $2.92. Trading volume has surged by 71%, and the circulating supply has grown by 0.21% to 9.28 billion, which is 92.83% of the max supply. MATIC's market cap is currently ranked #16 at $7.76 billion.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 7:00 pm

AMD

META

Meta Platforms is expanding its partnership by incorporating Instinct MI300X GPUs into its data centers, which could enhance performance and efficiency.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 6:55 pm

ARKF

HOOD

Robinhood Markets, Inc. (NASDAQ:HOOD) shares are experiencing heavy trading volume and an upward trend, with over 30 million shares traded in the session compared to the 100-day average of 7.934 million. The surge follows ARK Fintech Innovation ETF's (NYSE:ARKF) purchase of 14,702 Robinhood shares and a report of $1.4 billion in net customer deposits for November. HOOD is trending on Stocktwits and WallStreetBets and is trading above its 50-day moving average, close to its 52-week high.

Portfolio Pulse from Erica Kollmann

December 06, 2023 | 6:51 pm

BFYW

Better For You Wellness, Inc. (OTC:BFYW) has completed an asset purchase agreement with The Ideation Lab, LLC, acquiring rights to brands including the Stephen James Curated Coffee Collection (SJCCC). The $3 million deal involves 300,000 series A preferred shares at $0.01 each, minimizing shareholder dilution. SJCCC is already in sales channels like Kroger and Amazon. The acquisition aims to expand BFYW's presence in the wellness industry and is expected to enhance shareholder value and profitability. BFYW's stock traded lower by 11.72% at $0.0057 following the announcement.

Portfolio Pulse from Jelena Martinovic

December 06, 2023 | 6:38 pm

CSX

Over the past 20 years, CSX Corporation (NASDAQ:CSX) has delivered an average annual return of 15.4%, outperforming the market. A $100 investment in CSX 20 years ago would now be worth $1,748.64. CSX's market capitalization currently stands at $66.30 billion.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 6:30 pm

USO

Kuwait has expressed its support for the OPEC+ agreement and is committed to voluntary oil production cuts, according to Reuters citing the state news agency.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 6:28 pm

APO

$100 invested in Apollo Global Management (NYSE:APO) 5 years ago would now be worth $360.35, with the company outperforming the market and producing an average annual return of 29.75%. Apollo Global Management currently has a market cap of $51.88 billion.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 6:00 pm

ASML

Over the past 15 years, ASML Holding (NASDAQ:ASML) has produced an average annual return of 26.47%, outperforming the market. A $1000 investment in ASML stock 15 years ago would be worth $33,493.32 today. ASML Holding currently has a market cap of $275.65 billion.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 6:00 pm

ETHUSD

On Tuesday, 12,083.66 Ether (ETH) valued at $27.4 million was burned, permanently removing it from circulation. This is a result of the EIP-1159 upgrade implemented on August 5th, 2021, which introduced a variable base fee for transactions that is burned. The current issuance rate of new Ether is 4% per year, expected to drop to 0.5-1% with Ethereum 2.0, potentially making ETH deflationary. The net annualized issuance rate for Ether was -15.91% yesterday, according to Glassnode.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 6:00 pm