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The article reviews the progress of five crypto companies that received significant funding in 2022: Yuga Labs, ConsenSys, Polygon, Circle, and Animoca Brands. Yuga Labs has expanded into NFT collaborations and decentralized applications. ConsenSys has played a crucial role in Ethereum's transition to its 2.0 version. Polygon is working towards a connected crypto world. Circle's USDC coin has seen exponential adoption in 2023. Animoca Brands has positioned itself as a leader in the NFT and blockchain gaming space.

Portfolio Pulse from Murtuza Merchant

October 25, 2023 | 2:28 pm

SPY

USA New Home Sales for the month of September increased by 12.3%, compared to a decrease of 8.2% in the previous month.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 2:17 pm

SPY

USA new home sales for September were reported at 759K, significantly higher than the estimated 680K and the prior figure of 676K.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 2:16 pm

COF

Capital One Financial's (NYSE:COF) short percent of float has risen 10.68% since its last report, with 8.62 million shares sold short, which is 2.28% of all regular shares available for trading. It would take traders 3.82 days to cover their short positions on average. The company's short interest is less than its peer group average of 7.57%.

Portfolio Pulse from Benzinga Insights

October 25, 2023 | 2:00 pm

BTCUSD

ETHUSD

MINAUSD

Bitcoin (BTC) and Ethereum (ETH) traded lower, with ETH falling below the key $1,800 mark. The global crypto market cap fell to $1.26 trillion, a 24-hour decline of 0.9%. Pepe (PEPE) was the top gainer over the past 24 hours, while Mina (MINA) was the biggest loser. Other notable losers include Maker (MKR), Uniswap (UNI), and Compound (COMP).

Portfolio Pulse from Lisa Levin

October 25, 2023 | 1:41 pm

ADI

AMD

AMKR

ENPH

GFS

INTC

LHX

NXPI

QCOM

The Biden administration has selected 31 tech hubs across the U.S. as part of the CHIPS and Science Act, which appropriates $56 billion to renationalize strategically important parts of the semiconductor supply chain. The tech hubs, composed of private companies, local governments, universities, labor unions, and non-profits, will be able to compete for grants of up to $75 million to boost their research and production capacities. Among the top semiconductor makers in the U.S. are Intel Corp., L3Harris Technologies, Inc., Qualcomm Inc., Amkor Technology Inc., NXP Semiconductors USA, Inc., GlobalFoundries Inc., Enphase Energy, Advanced Micro Devices Inc., and Analog Devices, Inc.

Portfolio Pulse from Natan Ponieman

October 25, 2023 | 1:33 pm

GLD

TLT

UUP

The ongoing Israel-Hamas conflict has sparked international reactions, with Turkish President Erdogan expressing support for Hamas and UN Secretary-General Guterres facing backlash for his comments. The conflict has also led to a humanitarian crisis in Gaza, with the health system reportedly in a state of collapse. Market reactions to the conflict have been subdued, with European equity indices trading flat and S&P 500 futures indicating a slight decline. The U.S. dollar, as measured by the Invesco DB USD Index Bullish Fund ETF (UUP), continued to rise, while Treasury yields increased and gold and crude oil prices rebounded.

Portfolio Pulse from Piero Cingari

October 25, 2023 | 1:19 pm

CRKN

Crown Electrokinetics Corp. (NASDAQ:CRKN) has announced that it has active fiber construction underway in Arizona as part of a previously announced contract. The company is also working towards expanding its customer base in Arizona, with multiple micro trenching projects possibly starting by the end of the year. The company's goal is to target revenue growth and profitability.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 1:19 pm

CFFN

Capitol Federal Financial initiated a strategic securities transaction in October by selling $1.30 billion of securities, which represents 94% of the securities portfolio.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 1:05 pm

ESOA

LBRT

TRMD

The article identifies Liberty Energy Inc. (LBRT), Energy Services of America Corporation (ESOA), and TORM plc (TRMD) as overbought stocks in the energy sector, suggesting they may be overvalued and could experience a price drop. The Relative Strength Index (RSI) values for these companies are above 70, indicating they are overbought. Despite recent positive financial results, the high RSI values suggest potential short-term price declines.

Portfolio Pulse from Lisa Levin

October 25, 2023 | 12:31 pm