Streetbeat News

Assets

KVSA

MSFT

Vinod Khosla, OpenAI investor and Sun Microsystems co-founder, works 80 hours a week at 68 and plans to continue for the next 25 years. He's interested in anti-aging methods to extend his life for work. His firm, Khosla Ventures Acquisition Co. (KVSA), is raising $3 billion for startups despite a venture capital downturn. Khosla supported OpenAI's Sam Altman during a leadership shakeup, with Microsoft (MSFT) CEO Satya Nadella playing a key role in Altman's reinstatement.

Portfolio Pulse from Rounak Jain

December 02, 2023 | 2:27 am

FTCH

Point72 Asset Management, L.P. has reported a 5.1% stake in Farfetch Ltd as of November 30, 2023, according to a 13G filing with the SEC.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 10:38 pm

SPY

ZROZ

The PIMCO 25 Year Zero Coupon U.S. Treasury Index ETF (ZROZ) has outperformed the S&P 500, represented by the SPDR S&P 500 ETF Trust (SPY), over the past month. ZROZ, which invests in long-term U.S. Treasury bonds with at least 25 years to maturity, saw a 19.4% return compared to SPY's 9.9%. The performance is attributed to falling Treasury yields, which benefit long-duration assets like ZROZ's zero-coupon bonds. A decrease in yields from 5.1% to 4.4% has led to a price increase in these bonds.

Portfolio Pulse from Piero Cingari

December 01, 2023 | 9:43 pm

NDAQ

Over the past 10 years, Nasdaq (NASDAQ:NDAQ) has produced an average annual return of 15.75%, outperforming the market by 5.86% on an annualized basis. With a current market capitalization of $32.25 billion, a $1000 investment in NDAQ a decade ago would be worth $4,197.75 today. The article highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 9:30 pm

UNP

Over the past 15 years, Union Pacific (NYSE:UNP) has delivered an average annual return of 15.91%, outperforming the market by 4.52% annually. A $100 investment in UNP 15 years ago would be worth $976.46 today. Union Pacific currently has a market cap of $141.33 billion.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 9:00 pm

TMUS

Over the past decade, T-Mobile US (NASDAQ:TMUS) has yielded an average annual return of 19.19%, outperforming the market. A $1000 investment in TMUS 10 years ago would now be worth $5,654.16. The company's current market cap is $173.97 billion. The article highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 8:30 pm

BLK

BNBUSD

Scott Johnsson from Van Buren Capital anticipates the SEC's approval of Spot Bitcoin ETFs between Jan. 5 and Jan. 10, 2024, based on a letter from the SEC. This follows Bloomberg analyst Eric Balchunas's prediction of a 90% chance of approval by Jan. 10. The SEC is reviewing applications from several firms, including BlackRock. Bitcoin's price recently surged to $39,000, its highest since May 2022, despite regulatory challenges such as Binance's $4.3 billion settlement.

Portfolio Pulse from Murtuza Merchant

December 01, 2023 | 8:20 pm

PSA

Public Storage (NYSE:PSA) has delivered an average annual return of 9.17% over the past 20 years, outperforming the market by 1.6% annually. A $1000 investment in PSA 20 years ago would now be worth $5,808.17. The company's current market capitalization stands at $46.48 billion.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 8:00 pm

FLOT

Bill Gross, known as the 'Bond King', has potentially earned millions from the November rally in the U.S. Treasury market by purchasing SOFR futures in October. Gross, who co-founded PIMCO and managed its Total Return Fund, predicted a market turnaround when Treasury yields were at 16-year highs. He bought 3,000 SOFR three-month March 2025 contracts, which may have netted him $4 million. The iShares $ Floating Rate Bond UCITS ETF (FLOT) gained 0.4% in November. Gross's bet was based on the expectation that the Federal Reserve had ended its rate hike cycle, with yields starting to fall.

Portfolio Pulse from Neil Dennis

December 01, 2023 | 7:48 pm

IMAB

T Investment has reported a 9.89% stake in biopharmaceutical company I-MAB, according to a recent SEC filing.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 7:46 pm