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LUNCUSD

Binance has intensified its LUNC burn campaign, burning 3.9 billion LUNC tokens, bringing its total to 43 billion, which is 52% of the community's 83 billion burned tokens. This has led to a surge in LUNC's price, with an 88% gain in the past week and a 124% increase over the past month. Binance also launched USTC perpetual contracts with up to 50x leverage and new trading pairs. USTC, a stablecoin, has seen a 351% increase in the past month.

Portfolio Pulse from Khyathi Dalal

December 01, 2023 | 5:54 pm

SPY

Fitch Ratings has maintained a 'Deteriorating Outlook' for the global shipping sector, citing overcapacity and environmental regulations as key challenges. The report suggests that these factors may lead to increased costs and operational complexities for shipping companies, potentially impacting their financial performance.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 5:36 pm

CCI

Crown Castle (NYSE:CCI) has delivered an average annual return of 13.3% over the past 15 years, outperforming the market. A $100 investment in CCI 15 years ago would be worth $674.89 today. The company's current market capitalization stands at $50.87 billion.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 5:30 pm

CDNS

Over the past 15 years, Cadence Design Systems (NASDAQ:CDNS) has significantly outperformed the market, with an average annual return of 32.44%. A $100 investment in CDNS 15 years ago would be worth $6,953.59 today. The company's current market capitalization stands at $74.40 billion.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 5:30 pm

ETHUSD

The Starknet Foundation acknowledged the leak of screenshots showing an early version of a potential provisions portal for STRK token distribution. The criteria for eligibility have been set, and no current actions will influence this. The foundation will release final details once they are ready. Starknet, a Layer 2 network on Ethereum, was developed by StarkWare and is now managed by the Starknet Foundation.

Portfolio Pulse from Murtuza Merchant

December 01, 2023 | 5:27 pm

SPY

Federal Reserve Chairman Jerome Powell emphasized the importance of restoring price stability, considering it the foundation of a healthy economy. He indicated that the Fed is committed to controlling inflation and ensuring economic stability.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 4:55 pm

COIN

MARA

RIOT

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 4:45 pm

AAPL

AMZN

GLD

GOOG

META

MSFT

NVDA

QQQ

SLV

SPY

TLT

TSLA

USO

The stock market experienced its second-best November since the 1980s, largely due to rising bond prices as indicated by the iShares 20 Plus Year Treasury Bond ETF (TLT), and amplified by market mechanics. Investors are advised to watch for a potential break above the lower resistance zone in bonds, which could trigger another stock market rally. Jerome Powell's speech in Atlanta is anticipated, with the market looking for indications on interest rate cuts. If Powell supports the market's rate cut projections, a significant rally is expected; if he contradicts them, a pullback is likely. Early trade money flows are negative for major tech stocks and ETFs like SPY and QQQ. The momo crowd is buying stocks and gold, while smart money activity is undisclosed. Oil trading is volatile due to OPEC+ uncertainties, and Bitcoin is showing a positive bias, potentially aiming to break above $40,000.

Portfolio Pulse from The Arora Report

December 01, 2023 | 4:37 pm

MSTR

Dogecoin (DOGE) is up 7.1% amid a broader crypto market rally, following MicroStrategy's purchase of 16,130 Bitcoins. The SEC's confirmation of Fidelity Investments' Ethereum ETF application also contributes to the positive sentiment in the crypto market, which tends to benefit Dogecoin due to increased investor confidence and potential spillover effects.

Portfolio Pulse from Henry Khederian

December 01, 2023 | 4:31 pm

$1000 invested in Waste Management (NYSE:WM) 10 years ago would now be worth $3,869.56, with the stock outperforming the market with an average annual return of 14.55%. Waste Management's market cap stands at $68.69 billion.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 4:30 pm