Streetbeat News

Assets

AON

Over the past 10 years, Aon (NYSE:AON) has outperformed the market by 6.34% on an annualized basis, producing an average annual return of 15.92%. If an investor had bought $1000 of AON stock 10 years ago, it would be worth $4,402.44 today.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 3:30 pm

BTCUSD

ETHUSD

Crypto analyst Jason Pizzino warns of potential steep declines in altcoins if Bitcoin's value drops to test $26,700 and potentially even $24,900. He suggests that such a scenario would have dire consequences on altcoins. While Ethereum is a separate concern, Pizzino highlights its struggling state amidst the current market volatility. He suggests that if Bitcoin breaches its $26,700 support, altcoins will continue to struggle and might see even steeper declines if Bitcoin hits the $25,000 mark.

Portfolio Pulse from Murtuza Merchant

October 13, 2023 | 3:30 pm

PLUG

SPY

The Department of Energy has awarded $7B for Hydrogen Hubs. Plug Power is part of the $925M Appalachian Hub, $1.2B California Hub, and $750M Mid-Atlantic Hydrogen Hub.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 3:10 pm

Over the past 10 years, Blackstone (NYSE:BX) has outperformed the market by 4.87% on an annualized basis, producing an average annual return of 14.49%. If an investor had bought $100 of BX stock 10 years ago, it would be worth $390.41 today.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 3:00 pm

ZTS

Zoetis (NYSE:ZTS) has outperformed the market over the past 10 years, producing an average annual return of 18.14%. If an investor had bought $100 of ZTS stock 10 years ago, it would be worth $531.77 today. The company currently has a market capitalization of $80.51 billion.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 3:00 pm

AEM

AGI

CDE

DRD

EXK

GFI

GOLD

HMY

MUX

PAAS

SBSW

WPM

Precious metals stocks are trading higher due to increased demand for safe-haven assets amid the Israel-Hamas conflict. This includes stocks such as AEM, AG, AGI, CDE, DRD, EXK, GFI, GOLD, HMY, MUX, PAAS, SBSW, WPM.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 2:49 pm

APLS

AVAV

CDE

CMTL

DRD

FSM

GRPN

JPM

MAX

MCW

PGR

STKL

VSAT

VTNR

WFC

Several US stocks recorded gains on Friday, with Comtech Telecommunications Corp., SunOpta Inc., Hecla Mining Company, Viasat, Inc., Coeur Mining, Inc., Groupon, Inc., Vertex Energy, Inc., Mister Car Wash, Inc., Dollar General Corporation, First Majestic Silver Corp., DRDGOLD Limited, Apellis Pharmaceuticals, Inc., Fortuna Silver Mines Inc., The Progressive Corporation, AeroVironment, Inc., MediaAlpha, Inc., JPMorgan Chase & Co., Wells Fargo & Company, and Citigroup Inc. all seeing increases. Factors contributing to these gains include better-than-expected Q4 results, sale of assets, stock upgrades, operational updates, and better-than-expected Q3 earnings.

Portfolio Pulse from Lisa Levin

October 13, 2023 | 2:49 pm

BTCUSD

SPY

The International Monetary Fund (IMF) has stated that 'important' structural measures are needed for a deal with El Salvador. The IMF also reiterated its stance against Bitcoin as a legal tender, a move that El Salvador has recently adopted.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 2:48 pm

VLO

Unusual options activity has been observed for Valero Energy (NYSE:VLO), with a large position indicating a bullish stance. The options scanner at Benzinga spotted 30 uncommon trades, split 50% bullish and 50% bearish. The trades include 15 puts totaling $673,645 and 15 calls totaling $587,265. Whales have been targeting a price range from $60.0 to $135.0 for Valero Energy over the last 3 months. The current price of VLO is up 0.61% at $127.0. Several financial institutions have maintained their positive ratings on Valero Energy, with price targets ranging from $156 to $174.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 2:47 pm

BCHUSD

BTCUSD

ETHUSD

FTTUSD

LTCUSD

SCHW

EDX Markets, a crypto trading platform, launched on June 20, 2023, supporting trading for Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. The platform attracted strategic investors such as Miami International Holdings, DV Crypto, GTS, GSR Markets LTD, HRT Technology, Charles Schwab, Citadel Securities, Fidelity Digital Assets, and Sequoia Capital. EDX plans to launch EDX Clearing later this year to settle trades matched on EDX Markets. The company chose Anchorage Digital Bank as its custody provider.

Portfolio Pulse from Justin Roberti

October 13, 2023 | 2:39 pm