Streetbeat News

Assets

TEL

$1000 invested in TE Connectivity (NYSE:TEL) 15 years ago would now be worth $10,116.42, with the stock outperforming the market with an annualized return of 15.76%. TE Connectivity currently has a market cap of $40.78 billion.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 8:00 pm

BIIB

Over the past 20 years, Biogen (NASDAQ:BIIB) has produced an average annual return of 9.84%, outperforming the market by 2.35% annually. A $1000 investment in Biogen 20 years ago would be worth $6,647.15 today. Biogen's current market capitalization stands at $33.56 billion.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 8:00 pm

NEE

NextEra Energy (NYSE:NEE) has experienced an 11.46% increase in short interest since its last report, with 21.95 million shares sold short, representing 1.07% of its float. The average time to cover these short positions is 1.4 days. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop. NextEra Energy's short interest is below its peer group average of 2.25%.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 8:00 pm

BTC

KAS

A pseudonymous analyst, Credible Crypto, predicts that the altcoin Kaspa (KAS) is set to outperform Bitcoin (BTC), drawing parallels to Bitcoin's historical bullish trends. Kaspa has already seen a 1,700% rise this year, and the analyst has reinvested in it after previously capitalizing on its increase from $0.05 to $0.09. The prediction is based on Bitcoin's past rallies and the current market context, suggesting a strong bullish momentum for Kaspa.

Portfolio Pulse from Murtuza Merchant

November 16, 2023 | 7:34 pm

TT

Trane Technologies (NYSE:TT) has outperformed the market with an average annual return of 23.92% over the past 5 years. A $1000 investment in TT 5 years ago would be worth $2,834.85 today. Trane Technologies currently has a market cap of $51.42 billion.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 7:30 pm

IMXUSD

Immutable's cryptocurrency, IMX, has seen a 6.07% decrease in price over the last 24 hours, now at $1.14, despite a 36% increase over the past week. The trading volume has decreased by 14%, while the circulating supply has risen by 0.35% to 1.25 billion coins. IMX's market cap is currently ranked #44 at $1.42 billion.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 7:00 pm

LHX

L3Harris Technologies (NYSE:LHX) has delivered an average annual return of 12.0% over the past 20 years, outperforming the market by 4.52% on an annualized basis. A $1000 investment in LHX 20 years ago would be worth $9,764.63 today. The company's current market capitalization stands at $35.44 billion.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 7:00 pm

XMRUSD

Monero (XMR) has seen a 3.48% decrease in price over the last 24 hours, settling at $159.75, continuing a weekly downward trend with a 4.0% loss. Trading volume has decreased by 4.0%, while the circulating supply has slightly increased by 0.14%, bringing it to 18.15 million. Monero's market cap is currently ranked #28, valued at $2.89 billion.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 7:00 pm

AAPL

BRK

GLD

SOXX

The latest 13F filings show significant portfolio changes by major hedge funds. Berkshire Hathaway's top buys were LSXMA and SIRI, with sells including ATVI and GM. Bridgewater Associates increased stakes in consumer brands and bought SLB and AVGO, selling JNJ and VWO. Greenlight Capital invested in GLD and stocks in the material and energy sectors. Scion Asset Management bet against the semiconductor space with puts on SOXX and against BKNG. Pershing Square Capital bought more GOOGL, HLT, and HHH, selling some LOW.

Portfolio Pulse from Surbhi Jain

November 16, 2023 | 6:12 pm

ETHUSD

On Wednesday, 7,430.36 Ether (ETH) valued at approximately $14.9 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 the Ethereum 2.0 upgrade, potentially making ETH a deflationary currency. The net annualized issuance rate for Ether was -8.29% yesterday.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 6:00 pm