Streetbeat News

Assets

APH

Amphenol (NYSE:APH) has outperformed the market over the past 15 years, producing an average annual return of 18.45%. If an investor had bought $100 of APH stock 15 years ago, it would be worth $1,312.52 today.

Portfolio Pulse from Benzinga Insights

November 02, 2023 | 7:00 pm

HBARUSD

Hedera's (CRYPTO: HBAR) price has increased 5.86% over the past 24 hours to $0.06. Over the past week, HBAR has experienced an uptick of over 6.0%. The coin's all-time high is $0.57. Hedera's trading volume has climbed 37.0% over the past week and the circulating supply of the coin has increased 0.09% to 33.54 billion, which makes up an estimated 67.08% of its max supply of 50.00 billion. The current market cap ranking for HBAR is #31 at $1.85 billion.

Portfolio Pulse from Benzinga Insights

November 02, 2023 | 7:00 pm

ORLY

O'Reilly Automotive (NASDAQ:ORLY) has outperformed the market over the past 10 years by 13.33% on an annualized basis, producing an average annual return of 22.6%. If an investor had bought $100 of ORLY stock 10 years ago, it would be worth $767.24 today.

Portfolio Pulse from Benzinga Insights

November 02, 2023 | 6:30 pm

TAC

TransAlta Corporation (NYSE:TAC) has announced its plan to acquire Heartland Generation Ltd. from Energy Capital Partners for approximately $658 million. The deal includes the assumption of $268 million of low-cost debt. The acquisition will add 1,844 MW of flexible capacity to TransAlta's portfolio, including contracted cogeneration, peaking generation, transmission capacity, and development opportunities in hydrogen. The transaction is expected to close in the first half of 2024.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 6:29 pm

DXCM

Over the past 10 years, DexCom (NASDAQ:DXCM) has outperformed the market by 20.9% on an annualized basis, producing an average annual return of 30.18%. If an investor had bought $100 of DXCM stock 10 years ago, it would be worth $1,333.64 today.

Portfolio Pulse from Benzinga Insights

November 02, 2023 | 6:00 pm

HDB

HDFC Bank (NYSE:HDB) has outperformed the market over the past 20 years, producing an average annual return of 8.39%. If an investor had bought $1000 of HDB stock 20 years ago, it would be worth $4,972.51 today.

Portfolio Pulse from Benzinga Insights

November 02, 2023 | 6:00 pm

ETHUSD

On Wednesday, 5,608.48 Ether (ETH) worth $10,119,215 was burned from Ethereum transactions. This follows the Ethereum blockchain's upgrade known as EIP-1159, which changed the fee model and includes a variable base fee that is burned, lowering the supply of Ether. Ethereum is currently issuing new Ether at a rate of 4% per year, expected to decrease to around 0.5-1% with the Ethereum 2.0 upgrade. The net annualized issuance rate for Ether yesterday was -5.33%.

Portfolio Pulse from Benzinga Insights

November 02, 2023 | 6:00 pm

BTCUSD

MSTR

MicroStrategy Inc (NASDAQ:MSTR) continues to increase its Bitcoin (CRYPTO: BTC) holdings, with the company now holding a total of 158,400 Bitcoins at an average cost of $29,586 per coin. The company's Executive Chair, Michael Saylor, believes that the approval of a Bitcoin ETF and the upcoming Bitcoin halving in April 2024 will drive the price of Bitcoin higher. Saylor also highlighted Bitcoin's advantages over commercial real estate, gold, and big tech investments.

Portfolio Pulse from Adam Eckert

November 02, 2023 | 5:47 pm

ABCB

ALLY

BCS

Shares of banks and financial services companies are trading higher following the Federal Reserve's decision to keep interest rates unchanged. This has led to overall market strength.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 5:42 pm

FXI

SPY

Treasury Secretary Janet Yellen warns that a full separation of the U.S. and Chinese economies would have disastrous global effects. She also cautions against a U.S. approach to China that would force Indo-Pacific countries to choose sides, as it could have significant negative global repercussions.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 5:39 pm