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AVAXUSD

Avalanche (CRYPTO: AVAX) has seen a price decrease of 4.62% over the past 24 hours, settling at $19.99, despite a weekly uptrend of 4.0%. The trading volume has decreased by 7.0% over the past week, while the circulating supply has increased by 0.24% to 355.64 million, approximately 49.39% of the max supply. Avalanche's market cap is currently ranked #14 at $7.14 billion.

Portfolio Pulse from Benzinga Insights

November 22, 2023 | 3:00 pm

CHMI

CIO

FSP

GPMT

HASI

OPI

OUT

SAFE

UNIT

Three REIT subsectors have outperformed others in the past month due to a tame CPI report and a pause in Federal Reserve interest rate hikes. Mortgage REITs (mREITs), specialized REITs, and office REITs are leading, with companies like Hannon Armstrong Sustainable Infrastructure Capital Inc. (HASI), Cherry Hill Mortgage Investment Corp. (CHMI), and Granite Point Mortgage Trust Inc. (GPMT) showing significant gains. Specialized REITs such as Outfront Media Inc. (OUT), Uniti Group Inc. (UNIT), and Safehold Inc. (SAFE) have also performed well, along with office REITs including Franklin Street Properties Corp. (FSP), City Office REIT Inc. (CIO), and Office Properties Income Trust (OPI).

Portfolio Pulse from Ethan Roberts

November 22, 2023 | 2:54 pm

GLD

SLV

UDN

Robert Kiyosaki, author of 'Rich Dad, Poor Dad,' criticized leaders for the current inflation, attributing it to Marxist policies. He warned of the dangers of both capitalism, which can lead to deflation, and Marxism, which he believes causes inflation. Kiyosaki has been vocal against President Joe Biden, calling for his impeachment and labeling him a 'puppet of the WOKE liberal left.' He advised against investing in the U.S. dollar and suggested gold, silver, and Bitcoin as safer alternatives. In premarket trading, the Invesco DB US Dollar Index Bearish Fund (UDN) rose, while the SPDR Gold Shares (GLD) and the iShares Silver Trust (SLV) also saw gains.

Portfolio Pulse from Shanthi Rexaline

November 22, 2023 | 2:37 pm

BNBUSD

BTCUSD

ETHUSD

FTTUSD

Bitcoin (BTC) fell below $37,000 while Ethereum (ETH) traded above $2,000. FTX Token (FTT) was the top gainer, and BNB (BNB) was the biggest loser following U.S. jobless claims data showing a decline to 209,000. The global crypto market cap dropped by 1.7% to $1.39 trillion.

Portfolio Pulse from Lisa Levin

November 22, 2023 | 2:33 pm

USO

OPEC has postponed its summit due to disagreements among its African member nations regarding the assessment of oil output. The organization is facing challenges in reaching a consensus on production levels, which is crucial for global oil supply and pricing.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 2:31 pm

NKE

Over the past 20 years, Nike (NYSE:NKE) has produced an average annual return of 13.5%, outperforming the market by 6.03% on an annualized basis. A $1000 investment in Nike 20 years ago would be worth $12,709.59 today. Nike's current market capitalization stands at $162.60 billion.

Portfolio Pulse from Benzinga Insights

November 22, 2023 | 2:30 pm

DLR

Over the past 10 years, Digital Realty Trust (NYSE:DLR) has produced an average annual return of 11.33%, outperforming the market by 1.66% on an annualized basis. A $1000 investment in DLR a decade ago would now be worth $2,919.01. Digital Realty Trust currently has a market capitalization of $41.26 billion.

Portfolio Pulse from Benzinga Insights

November 22, 2023 | 2:30 pm

TOPS

TOP Ships Inc. has successfully extended the time charter employment for two of its Very Large Crude Carriers (VLCC) for approximately three years. The daily rate for each vessel is set at $41,500, with an option for the charter to extend for an additional two years.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 2:19 pm

BCS

SCGLY

WFC

Citigroup Inc (NYSE:C) is planning to launch a direct lending strategy by early January to tap into the $1.6 trillion private credit market. This move is part of a trend among banks like Wells Fargo & Co (NYSE:WFC), Barclays Plc (NYSE:BCS), and Societe Generale SA (OTC:SCGLY), which are expanding into private debt. Citigroup's strategy will offer a range of financing options, including high-yield bonds, leveraged loans, or private credit, to meet the needs of companies and private equity owners, especially in anticipation of a rise in buyout deals.

Portfolio Pulse from Vandana Singh

November 22, 2023 | 2:15 pm

LLY

Over the past 10 years, Eli Lilly (NYSE:LLY) has produced an average annual return of 27.97%, outperforming the market by 18.31% on an annualized basis. A $1000 investment in LLY a decade ago would be worth $11,599.14 today. Eli Lilly currently has a market capitalization of $565.31 billion. The article highlights the significant impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

November 22, 2023 | 2:00 pm