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AVGO

Broadcom (NASDAQ:AVGO) has outperformed the market over the past 10 years by 24.57% on an annualized basis, producing an average annual return of 34.27%. If an investor had bought $100 of AVGO stock 10 years ago, it would be worth $1,903.96 today.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 3:00 pm

ADSK

Autodesk (NASDAQ:ADSK) has outperformed the market over the past 20 years, producing an average annual return of 16.74%. If an investor had bought $1000 of ADSK stock 20 years ago, it would be worth $22,311.68 today. Autodesk currently has a market capitalization of $43.69 billion.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 3:00 pm

ETHUSD

Ethereum's price has risen by 3.13% in the last 24 hours to $1,643.92, continuing its positive trend over the past week with a 3.0% gain. The trading volume for the coin has decreased by 5.0% over the past week, while the overall circulating supply of the coin has decreased by 0.05% to over 120.23 million. Ethereum's current market cap ranking is #2 at $197.91 billion.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 3:00 pm

STSS

Sharps Technology has announced an Asset Purchase Agreement to acquire the InjectEZ prefillable syringe manufacturing facility and a $400M 10-year purchase agreement with Nephron Pharmaceuticals. The acquisition will enable Sharps to commercialize its copolymer prefillable syringe systems. The company has also signed a term sheet with a leading middle-market lender for up to $75 million in debt financing. The InjectEZ acquisition will provide a strong baseline of revenue for Sharps, supported by the $400 million commitment from Nephron. Initial product delivery is scheduled for Q1 2024.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 2:54 pm

AGCO

TRMB

AGCO Corporation has entered into a joint venture with Trimble Inc, acquiring an 85% interest in Trimble's Ag assets and technologies for $2.0 billion. The deal is expected to double the JV's EBITDA by year five post-closing and be accretive to AGCO's revenue growth, operating margin profile, and earnings per share in the first full year post-close. AGCO also announced a strategic review of its Grain & Protein business.

Portfolio Pulse from Shivani Kumaresan

September 28, 2023 | 2:52 pm

PYPL

Crypto.com has become the preferred platform for PayPal's PYUSD in a partnership with Paxos. Crypto.com has the strongest liquidity for PYUSD trading pairs globally. The exchange has listed the stablecoin for retail and institutional users since its launch in August. Almost 90% of PYUSD tokens are still held in the issuer Paxos Trust’s wallets as it faces difficulties in gaining consumers' interest.

Portfolio Pulse from Khyathi Dalal

September 28, 2023 | 2:49 pm

WBD

A significant bullish stance has been taken on Warner Bros. Discovery (NASDAQ:WBD) by a large investor, as indicated by a large position in the company's options. The overall sentiment of these big-money traders is split between 50% bullish and 50% bearish. The whales have been targeting a price range from $10.0 to $20.0 for Warner Bros. Discovery over the last 3 months. The current price of WBD is down -2.66% at $10.74. Analysts from Truist Securities, Rosenblatt, and Raymond James have given varied price targets.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 2:47 pm

SPY

UNG

USO

USA Natural Gas Storage reported a figure of 90B, which is higher than the estimated 88B and the prior figure of 64B.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 2:33 pm

AMD

A significant bearish stance has been taken on Advanced Micro Devices (NASDAQ:AMD) by a large investor, as noticed by Benzinga's options scanner. The overall sentiment of these big-money traders is split between 30% bullish and 69% bearish. The whales have been targeting a price range from $95.0 to $105.0 for AMD over the last 3 months. The current price of AMD is up 2.87% at $100.88.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 2:32 pm

SBHGF

SFTBY

XRPUSD

Craig Wright, founder of Bitcoin SV, claims that Yoshitaka Kitao, chairman of SBI Holdings, received $60 million in XRP tokens for promoting Ripple. Kitao, a former board member of Ripple Labs, has been a strong supporter of XRP and has previously stated that every bank in Japan will use XRP by 2025. Wright also mentioned that Jesse Powell, founder of US digital currency exchange Kraken, was another beneficiary of XRP tokens. Kraken suspended trading of XRP in 2021 after the US SEC filed suit against the company, but re-listed the digital currency in 2022.

Portfolio Pulse from Daniel Harrison

September 28, 2023 | 2:30 pm