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Assets

EXR

Extra Space Storage (NYSE:EXR) has outperformed the market over the past 15 years, producing an average annual return of 16.11%. If an investor had bought $1000 of EXR stock 15 years ago, it would be worth $8,813.50 today. The company currently has a market capitalization of $25.69 billion.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 2:30 pm

MARA

RIOT

Shares of Riot Platforms, Inc. (NASDAQ:RIOT) and Marathon Digital Holdings, Inc. (NASDAQ:MARA) are trading higher as the price of Bitcoin has increased by nearly 8% over the last five days. Both companies have significant short interest, with 29.44% of MARA shares and 17.47% of RIOT shares being sold short. Both stocks are also trending among retail investors on Yahoo! Finance.

Portfolio Pulse from Erica Kollmann

October 02, 2023 | 2:20 pm

WFC

A significant bullish stance has been taken on Wells Fargo (NYSE:WFC) by a large investor or institution, as indicated by a large position in the company's options. The sentiment among these big-money traders is 70% bullish and 30% bearish. The whales have been targeting a price range from $37.5 to $45.0 for Wells Fargo over the last 3 months. Deutsche Bank and HSBC have downgraded their actions to Buy and Hold respectively, with price targets of $44 and $45.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 2:16 pm

JPM

SPY

Jamie Dimon, CEO of JPMorgan Chase, stated in an interview with Bloomberg TV that artificial intelligence (AI) is performing most of the equity hedging for the company and will definitely replace jobs in the future.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 2:09 pm

JPM

KBE

KRE

XLF

JP Morgan Chase & Co. CEO Jamie Dimon discussed banking and AI on Bloomberg TV. He mentioned the potential of AI in banking and its implications for the future of the industry.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 2:07 pm

JPM

SPY

Jamie Dimon, CEO of JPMorgan Chase, stated in an interview with Bloomberg TV that artificial intelligence (AI) is a 'real, living thing' and it's going to bring significant changes.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 2:07 pm

ENLT

Enlight Renewable Energy (NASDAQ:ENLT) has secured a 15-year power purchase agreement for its Pupin wind farm in Serbia. The state-owned utility Elektroprivreda Srbije will purchase 72% of the project's output at a price of EUR 69 per MWh. The Pupin project, with a total generation capacity of 94 megawatts, will cost USD$149-157 million and is expected to generate revenues of USD$22-24 million and EBITDA of USD$13-15 million in its first full year of operation. Enlight is set to acquire a 66% stake in the project, subject to regulatory approval.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 2:05 pm

PDD

A significant bearish stance has been taken on PDD Holdings (NASDAQ:PDD) as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 36% bullish and 63% bearish. The whales have been targeting a price range from $95.0 to $140.0 for PDD Holdings over the last 3 months. The price of PDD is currently up 0.4% at $98.46.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 2:01 pm

SPY

USA Construction Spending for August was reported at 0.5%, in line with estimates, but lower than the 0.9% reported in the prior month.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 2:01 pm

EQIX

Equinix (NASDAQ:EQIX) has outperformed the market over the past 15 years, producing an average annual return of 18.85%. If an investor had bought $100 of EQIX stock 15 years ago, it would be worth $1,257.75 today. The company currently has a market capitalization of $67.64 billion.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 2:00 pm