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BITF

Shares of Bitfarms Ltd (NASDAQ:BITF) are trading higher by 7.2% amid a rise in Bitcoin. The increase may also be due to sympathy with crypto exchange Coinbase, which recently received regulatory approval to enable retail perpetual futures trading. Increased trading volumes and higher cryptocurrency prices can lead to increased mining revenue for companies like Bitfarms.

Portfolio Pulse from Henry Khederian

September 28, 2023 | 7:55 pm

SPY

UUP

The Bureau of Economic Analysis is set to release the Federal Reserve’s preferred measure of inflation, the personal consumption expenditure (PCE) index for August. The headline PCE price index is expected to rise from July’s 3.3% year-on-year increase to a 3.5% year-on-year jump in August. The core PCE price index is forecasted to ease from 4.2% year-on-year to a 3.9% year-on-year increase in August. The U.S. dollar, as tracked by the Invesco DB USD Index Bullish Fund ETF (NYSE:UUP), is at a 10-month high, and the SPDR S&P 500 ETF Trust (NYSE:SPY) is down nearly 5% this month.

Portfolio Pulse from Piero Cingari

September 28, 2023 | 7:55 pm

WST

West Pharmaceutical Servs (NYSE:WST) has outperformed the market over the past 10 years, producing an average annual return of 24.91%. If an investor had bought $1000 of WST stock 10 years ago, it would be worth $9,148.05 today. The company currently has a market capitalization of $28.00 billion.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 7:30 pm

LOW

Over the past 15 years, Lowe's Companies (NYSE:LOW) has outperformed the market by 6.89% on an annualized basis, producing an average annual return of 16.36%. If an investor had bought $1000 of LOW stock 15 years ago, it would be worth $9,316.99 today.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 7:30 pm

ETHUSD

Blocknative, a relayer for the Ethereum platform, has announced its exit from the network due to economic unviability, reducing the number of active relayers to four. This has raised concerns about high centralization in the Ethereum network. The transition to the Proof-of-Stake mechanism has led to well-resourced block builders running their own relays. Experts suggest a relayer fee mechanism should be activated to prevent further centralization.

Portfolio Pulse from Khyathi Dalal

September 28, 2023 | 7:26 pm

INTU

A significant amount of unusual options activity has been observed for Intuit (NASDAQ:INTU), with a majority of investors taking a bullish stance. The trades include 4 puts and 6 calls, with a total amount of $182,150 and $647,509 respectively. The price target for Intuit over the last 3 months has been between $400 and $590. Several financial institutions have maintained their positive ratings on Intuit, with price targets ranging from $600 to $642.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 7:01 pm

UNIUSD

Uniswap's (CRYPTO: UNI) price has risen 4.57% to $4.42 in the past 24 hours, continuing its positive trend over the past week with a 5.0% gain. The coin's trading volume has climbed 1.0% over the past week and the circulating supply has increased 0.1% to 753.77 million, which makes up an estimated 75.38% of its max supply of 1.00 billion. The current market cap ranking for UNI is #23 at $3.33 billion.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 7:00 pm

FAST

Fastenal (NASDAQ:FAST) has outperformed the market over the past 20 years, producing an average annual return of 12.39%. If an investor had bought $1000 of FAST stock 20 years ago, it would be worth $10,440.38 today. The company currently has a market capitalization of $31.76 billion.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 7:00 pm

AVAXUSD

Cryptocurrency Avalanche (AVAX) has seen a price increase of 3.97% over the past 24 hours, reaching $9.24. Over the past week, AVAX has risen over 5.0%. However, the trading volume for the coin has fallen 12.0% over the past week, along with a 0.05% decrease in circulating supply. The current market cap ranking for AVAX is #24 at $3.27 billion.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 7:00 pm

ELV

Elevance Health (NYSE:ELV) has outperformed the market over the past 20 years, producing an average annual return of 13.42%. If an investor had bought $100 of ELV stock 20 years ago, it would be worth $1,238.44 today. The company currently has a market capitalization of $105.67 billion.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 7:00 pm