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TMUS

Over the past 10 years, T-Mobile US (NASDAQ:TMUS) has outperformed the market by 8.64% on an annualized basis, producing an average annual return of 18.72%. If an investor had bought $100 of TMUS stock 10 years ago, it would be worth $565.55 today. T-Mobile US currently has a market capitalization of $164.14 billion.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 4:00 pm

HD

Home Depot (NYSE:HD) has outperformed the market over the past 15 years by 9.13% on an annualized basis, producing an average annual return of 18.5%. If an investor had bought $1000 of HD stock 15 years ago, it would be worth $11,848.64 today.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 4:00 pm

BNBUSD

COIN

SEC Chair Gary Gensler expressed significant concerns about the integrity of the cryptocurrency sector, citing 'fraud, abuse, and misconduct'. He did not directly answer a query on the filing of applications for a Bitcoin ETF. The SEC has recently charged leading cryptocurrency exchanges, Coinbase Global Inc. (NASDAQ:COIN) and Binance (CRYPTO: BNB), for violations of U.S. securities regulations. In response, U.S. Rep. Warren Davidson proposed a bill to reform the SEC and remove Gensler.

Portfolio Pulse from Murtuza Merchant

September 12, 2023 | 3:55 pm

BLK

COIN

Franklin Templeton has applied for a Bitcoin ETF, marking its entry into the cryptocurrency sector. The ETF, to be overseen by Coinbase Inc., is set for a listing on the Cboe BZX Exchange. This move mirrors actions by other financial powerhouses like Blackrock, who anticipate that the SEC might soon approve a spot Bitcoin ETF for the mainstream market.

Portfolio Pulse from Murtuza Merchant

September 12, 2023 | 3:48 pm

JPM

A significant amount of unusual options activity has been observed for JPMorgan Chase (NYSE:JPM), with a bearish stance being taken by a majority of investors. Of the 11 strange trades detected, 63% were bearish and 36% bullish. The total amount for the 7 puts was $326,562 and for the 4 calls was $189,125. The targeted price range for JPMorgan Chase over the last 3 months has been $115.0 to $150.0. The stock is currently up 0.89% at $145.75. Several financial institutions have given their ratings and price targets for JPM.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 3:47 pm

LLY

A significant bullish stance has been taken on Eli Lilly (NYSE:LLY) by an unknown entity, possibly an institution or wealthy individual. This was noticed through publicly available options history. The overall sentiment of these big-money traders is split between 50% bullish and 50% bearish. Whales have been targeting a price range from $550.0 to $680.0 for Eli Lilly over the last 3 months. The current price of LLY is $595.43. Morgan Stanley, Cantor Fitzgerald, and Argus Research have maintained their Overweight and Buy ratings on Eli Lilly with price targets of $640, $630, and $620 respectively.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 3:46 pm

EDRY

EuroDry Ltd (NASDAQ:EDRY) is set to acquire three Ultramax bulkers for a total price of about $65 million. The vessels are expected to be delivered to EuroDry during October and November 2023. The company will finance the acquisitions with its own funds and bank debt. After the acquisition, the company will have a fleet of 13 vessels. EDRY shares are trading lower by 0.21% at $14.03.

Portfolio Pulse from Shivani Kumaresan

September 12, 2023 | 3:33 pm

AMD

A significant bearish stance has been taken on Advanced Micro Devices (NASDAQ:AMD) as indicated by unusual options activity. The sentiment among big-money traders is split between 47% bullish and 52% bearish. The whales have been targeting a price range from $50.0 to $220.0 for AMD over the last 3 months. The current price of AMD is $104.59, down by 0.69%.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 3:31 pm

PWR

Quanta Services (NYSE:PWR) has outperformed the market over the past 15 years, producing an average annual return of 14.42%. If an investor had bought $100 of PWR stock 15 years ago, it would be worth $719.97 today.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 3:30 pm

INFY

Infosys (NYSE:INFY) has outperformed the market over the past 20 years, producing an average annual return of 11.2%. If an investor had bought $100 of INFY stock 20 years ago, it would be worth $838.03 today. The company currently has a market capitalization of $74.78 billion.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 3:30 pm