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Assets

HD

Over the past 15 years, Home Depot (NYSE:HD) has delivered an average annual return of 18.88%, outperforming the market by 7.48% on an annualized basis. A $100 investment in HD stock 15 years ago would be worth $1,337.95 today. Home Depot's market capitalization currently stands at $309.22 billion.

Portfolio Pulse from Benzinga Insights

November 23, 2023 | 2:30 pm

CPNG

Coupang's (NYSE:CPNG) short interest has decreased by 4.09% since the last report, with 18.12 million shares sold short, representing 1.64% of available shares. The average time to cover these short positions is 3.3 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. Coupang's short interest is below its peer group average of 9.28%. Short interest levels can be a market sentiment indicator, and changes in short interest can have implications for stock price movements.

Portfolio Pulse from Benzinga Insights

November 23, 2023 | 2:15 pm

ADP

Automatic Data Processing (NASDAQ:ADP) has delivered an average annual return of 9.3% over the past 20 years, outperforming the market by 1.81% on an annualized basis. A $100 investment in ADP 20 years ago would be worth $593.76 today. ADP's market capitalization currently stands at $95.07 billion.

Portfolio Pulse from Benzinga Insights

November 23, 2023 | 2:00 pm

BTCUSD

DOGEUSD

ETHUSD

SPY

The article discusses the performance of Bitcoin, Dogecoin, and Ethereum since Thanksgiving 2021, highlighting significant losses for those who invested then. However, it notes that investments made in these cryptocurrencies on Thanksgiving 2022 would have seen a combined increase of 61.5%. It also compares this performance to the SPDR S&P 500 ETF Trust, which would have increased by 12.8% over the same period.

Portfolio Pulse from Chris Katje

November 23, 2023 | 1:46 pm

DOGEUSD

A crypto analytical firm reported that dormant Dogecoin (DOGE) tokens are becoming active, with 121 new wallets holding over 1 million DOGE each appearing in the past month. This activity is seen as a sign of significant investor interest. Additionally, a crypto trader and analyst, Tony 'The Bull', identified a technical signal that may indicate an upcoming rally for DOGE, referencing a pattern that previously preceded a 23,000% rally. Currently, DOGE is trading at $0.075, up 2.11% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

November 23, 2023 | 12:03 pm

BTCUSD

COIN

Coinbase's director J Conor Grogan stated that Binance could pay a $4.3B DOJ fine without selling any crypto assets, citing Binance's Proof of Reserves showing $6.35B in assets. Binance CEO Richard Teng affirmed the company's strong fundamentals. Binance admitted to anti-money laundering lapses and agreed to pay the fine, with former CEO Zhao contributing $50M and stepping down. The company's violations involved transactions linked to terrorist groups and dealings with US and Iranian participants.

Portfolio Pulse from Mehab Qureshi

November 23, 2023 | 6:50 am

DOGE-USD

NFLX

Netflix Inc. (NASDAQ:NFLX) invested $55 million in a sci-fi series 'Conquest' by filmmaker Carl Erik Rinsch, who is accused of misappropriating at least $11 million for personal trading and purchases. Rinsch gambled away $5.9 million in stocks and made $27 million from Dogecoin (CRYPTO: DOGE), later spending on luxury items. Netflix and Rinsch are engaged in a confidential arbitration, with Rinsch claiming a breach of contract and Netflix denying the claims. The project remains unfinished, and Netflix has ceased funding.

Portfolio Pulse from Ananya Gairola

November 23, 2023 | 6:22 am

USDTUSD

Binance, a cryptocurrency exchange, reportedly transferred $3.9 billion in Tether (USDT) from its cold wallet ahead of a $4.3 billion settlement with the DOJ over money laundering allegations. The transaction occurred on November 9, and the purpose of the funds is unclear. Binance has not commented on the transfer or the settlement, which includes $1.8 billion in criminal fines and $2.5 billion in forfeitures, concluding U.S. investigations into its regulatory compliance.

Portfolio Pulse from Mehab Qureshi

November 23, 2023 | 4:30 am

BTCUSD

DOGEUSD

ETHUSD

Cryptocurrencies Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) saw price increases amid renewed optimism for a potential spot Bitcoin ETF following the Binance settlement. Binance's $4.3 billion fine and CEO Changpeng Zhao's plea deal are seen as positive steps towards regulatory compliance, potentially easing SEC concerns and increasing the likelihood of a spot Bitcoin ETF approval. The global crypto market cap fell by 2.78%, while U.S. stocks rose, with the S&P 500 and Nasdaq climbing. The NYSE will be closed for Thanksgiving and have an early closure on Friday. Analysts suggest buying dips in altcoins and predict a rebound for Bitcoin to $40,000.

Portfolio Pulse from Mehab Qureshi

November 23, 2023 | 3:09 am

MEOH

Methanex Corporation estimates that its Egypt methanol production facility, which experienced an unplanned outage in mid-October due to a mechanical failure in the synthesis gas compressor, will resume production towards the end of Q1 of 2024. Methanex holds a 50% equity interest in the 1.26 million tonne facility, equivalent to 0.63 million tonnes per annum.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 10:19 pm