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Assets

LVS

Las Vegas Sands (NYSE:LVS) has outperformed the market over the past 15 years, producing an average annual return of 14.69%. If an investor had bought $1000 of LVS stock 15 years ago, it would be worth $7,170.89 today.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 9:00 pm

PXD

Pioneer Natural Resources (NYSE:PXD) has outperformed the market over the past 20 years by 4.86% on an annualized basis, producing an average annual return of 12.05%. If an investor had bought $100 of PXD stock 20 years ago, it would be worth $989.86 today.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 8:30 pm

SMTC

Steven A Cohen's Point72 Asset Management, L.P. has reported a 7.3% stake in Semtech as of October 19, according to a 13G filing with the SEC.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 8:23 pm

JHAA

Nuveen Corporate Income 2023 Target Term Fund has announced its liquidation details, planning to terminate its existence and liquidate on or about December 1, 2023. The fund's common shares will continue trading on the NYSE until November 24, 2023, and will be suspended from trading before the market opens on November 27, 2023. The fund will not declare its regular monthly distribution in November 2023 and expects all accumulated earnings to be included in the final liquidating distribution. Due to market conditions, the fund does not anticipate returning the Original NAV at its termination.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 8:19 pm

USDTUSD

Tether Holdings, the entity behind the stablecoin Tether (CRYPTO: USDT), plans to publish reserve data in real-time in 2024, according to Paolo Ardoino, the company's soon-to-be CEO. Currently, Tether updates its reserve data daily and provides monthly and quarterly reserve reports. Despite market challenges in 2023, Tether reported a 5.7% growth in assets to $86.5 billion and an operational profit exceeding $1 billion, a 30% increase from the previous quarter.

Portfolio Pulse from Murtuza Merchant

October 20, 2023 | 8:17 pm

DBX

Dropbox Inc. has entered into a lease amendment for its corporate headquarters, surrendering 165,244 square feet of office space and paying $79.0 million in termination payments. The termination payment of $28.1 million paid in Q4 2023 was not previously factored into the company's full-year free cash flow guidance range of $820 million to $840 million.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 8:09 pm

BTCUSD

DOGEUSD

ETHUSD

Bitcoin (BTC) led the crypto sector higher during Friday's trading session amid optimism about the approval of a spot Bitcoin ETF. BlackRock and Fidelity made changes to their Bitcoin ETF submissions, while Grayscale filed an S-3 application for similar approvals. Bitcoin, Ethereum (ETH), and Dogecoin (DOGE) are trading in patterns that suggest potential bullish movements. However, Ethereum and Dogecoin are currently trading in bear cycles.

Portfolio Pulse from Melanie Schaffer

October 20, 2023 | 8:08 pm

SBUX

Starbucks (NASDAQ:SBUX) has outperformed the market over the past 20 years by 6.11% on an annualized basis, producing an average annual return of 13.3%. If an investor had bought $100 of SBUX stock 20 years ago, it would be worth $1,255.45 today.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 8:01 pm

GE

A significant amount of unusual options activity has been detected for General Electric (NYSE:GE), with a majority of investors taking a bullish stance. Whales have been targeting a price range from $100.0 to $145.0 for GE over the last 3 months. Deutsche Bank has downgraded its action to Buy with a price target of $141. The current price of GE is $106.24, down by 0.66%.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 8:00 pm

PLD

Prologis (NYSE:PLD) has outperformed the market over the past 15 years, producing an average annual return of 13.56%. If an investor had bought $1000 of PLD stock 15 years ago, it would be worth $5,762.14 today.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 7:30 pm